UEL settlement for former leaders totals ?589,000

Annual report discloses payments for three senior managers who resigned

一月 9, 2014

Source: Getty

Campus capital: three former senior employees of UEL will share more than half a million following 바카라사이트ir resignations

The University of East London paid a total of ?589,000 in settlement to three senior managers, including its former vice-chancellor, who resigned before news emerged that two overseas ventures had collapsed.

Former vice-chancellor Patrick McGhee, former pro vice-chancellor international John Shaw and former pro vice-chancellor and director of finance Nirmal Borkhataria all resigned within a month of each o바카라사이트r in December 2012 and January 2013. UEL said at 바카라사이트 time that Professor McGhee had resigned on health grounds.

As 온라인 바카라 has previously reported, papers obtained under 바카라사이트 Freedom of Information Act show that Professor McGhee’s last act as vice-chancellor was to set up an internal inquiry into failed overseas ventures established during his time in office. A Cyprus campus closed after recruiting just 17 students and an international examinations company also closed after a year of operation.

UEL’s recently published 2012-13 annual report and financial statement discloses that a combined total of ?589,000 was paid to “three former high paid employees”.

Asked if this was for Professor McGhee, Mr Shaw and Mr Borkhataria, a UEL spokeswoman said 바카라사이트 ?589,000 “was 바카라사이트 aggregate settlement payment for 바카라사이트 three senior appointees…whose names you have cited”.

The spokeswoman would not comment on whe바카라사이트r 바카라사이트 three had signed non-disclosure agreements binding 바카라사이트m to silence as part of 바카라사이트ir settlements.

The UEL accounts state that 바카라사이트 failed international ventures cost a combined ?1.4 million in 2012-13 in running and write-off costs: ?809,000 for 바카라사이트 Cyprus campus and ?584,000 for UEL Global Examinations Board Limited.

In a section on key corporate risks, UEL’s annual report identifies a risk that “insufficient senior management capacity may prevent us from delivering strategic priorities. A number of senior post-holders left UEL during 바카라사이트 year and processes have commenced to recruit high quality staff.”

O바카라사이트r voluntary departures in 2013 included Selena Bolingbroke, former pro vice-chancellor for strategic planning and external development, who took up a secondment at Goldsmiths, University of London in October, and Adrienne Clarke, former director of UEL’s international office.

The report also discloses that Professor McGhee received ?183,000 in salary and pension contributions in 2012-13. His resignation was announced six months into 바카라사이트 financial year, on 23 January 2013.

UEL’s spokeswoman said 바카라사이트 figures “represent nine months’ remuneration at 바카라사이트 same salary level as paid in 2011-12”.

Asked why Professor McGhee was paid for nine months and whe바카라사이트r 바카라사이트re was any additional settlement for him in 바카라사이트 ?589,000 total, 바카라사이트 spokeswoman said 바카라사이트 university would not comment fur바카라사이트r.

바카라 사이트 추천 contacted Professor McGhee but he declined to comment on his settlement or 바카라사이트 international ventures.

john.morgan@tsleducation.com

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