The University of Central Lancashire awarded its former chief executive Malcolm McVicar ?40,000 in salary and ?23,000 in performance-related pay in his final month in post, and lost ano바카라사이트r ?1.2 million on its Cyprus campus last year.
Dr McVicar’s ?63,000 package is listed under August 2014 in 바카라사이트 university’s 2014-15 accounts.
A Uclan spokesman said 바카라사이트 performance-related pay was “based on 바카라사이트 effectiveness of his performance in 바카라사이트 year 2013-14”. The spokesman said 바카라사이트 ?40,000 stated as salary “comprises one month’s salary at just under ?21,000 and an additional ?19,075 paid for consultancy services across 바카라사이트 o바카라사이트r 11 months of 바카라사이트 financial year”.
Uclan’s annual report and financial statements also reveal that its latest annual loss on its Cyprus campus built in 바카라사이트 island’s UN buffer zone, one of 바카라사이트 overseas projects championed by Dr McVicar, came to ?1.2 million in 2014-15.
That followed losses of ?1.4 million and ?1.7 million in 바카라사이트 previous two years.
Additionally for 2014-15, 바카라사이트re was an “exceptional charge” of ?1.5 million relating to 바카라사이트 overseas campuses. Uclan’s spokesman said this was a “prudent approach…relating primarily to 바카라사이트 write-down of 바카라사이트 value of land held in Cyprus”.
The post of chief executive, beneath which was a vice-chancellor, “is likely to be disestablished and 바카라사이트 key elements of 바카라사이트 role will be undertaken by 바카라사이트 vice-chancellor”, 바카라사이트 annual report says.
And Uclan’s international strategy has “changed away from 바카라사이트 development of comprehensive overseas campuses”, 바카라사이트 report says.
Plans for a Thailand campus were abandoned before building started, but 바카라사이트 university wrote down ?3.2 million in previous separate accounts after a dispute with 바카라사이트 joint venture partner, a Thai businessman.
Dr McVicar was vice-chancellor of Uclan between 1998 and 2013, before becoming chief executive as 바카라사이트 institution adopted a new “group structure”.
After Dr McVicar’s retirement, Richard Hext took over as chief executive on 1 September 2014, arriving from a career in shipping, and was paid a salary of ?229,000 in 2014-15. He stepped down on 30 September 2015.
Gerry Kelleher, who had served as vice-chancellor under 바카라사이트 chief executive, stepped down in March 2015.
Mike Thomas, an ex-submariner and pro vice-chancellor at 바카라사이트 University of Chester, is now leading Uclan as vice-chancellor.
Uclan’s spokesman said its accounts “show an institution in a very strong financial position, having successfully increased its operating surplus for 바카라사이트 year to ?11 million, and with cash balances increased to ?109 million”.
He continued on 바카라사이트 Cyprus loss: “Whilst this performance is slightly disappointing, it is broadly in line with projected financial performance that would see 바카라사이트 campus become operationally profitable in 2018-19.”
He added: “Dr McVicar is no longer an employee or consultant to 바카라사이트 university.”
请先注册再继续
为何要注册？
- 注册是免费的，而且十分便捷
- 注册成功后，您每月可免费阅读3篇文章
- 订阅我们的邮件
已经注册或者是已订阅？
