The Tes reports that Peer who was a force behind the original academies movement says that trust bosses should set an example by not being ‘greedy’.
The government should step in to “curb” the pay of multi-academy trust chief executives, the architect of the academies movement has said.Speaking exclusively to Tes, he said: “I don’t think any MAT chief executive should be paid more than the prime minister.”Since then the number of academies has grown considerably, along with the scale of MATs and the pay of some of their chief executives. The salaries received by some bosses have been criticised and concerns have also been raised about the transparency of some pay deals.Lord Adonis said he did not understand why the government had not stepped in to curb CEO pay.“If I had realised that academy principals or trust chief executives were going to be paid sums in excess of £150,000 when I was a minister then I would have intervened to stop it,” he said.
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