The appointment of Stephen Marston, director general for higher education funding and reform at BIS, follows a troubled period for 바카라사이트 institution.
In 2008-09, it recorded a ?6.3 million deficit. Although it posted improved results 바카라사이트 following year, it still suffered an overall deficit of ?1.2 million. It also has a large debt-to-income ratio, and last autumn it faced a damaging employment tribunal brought by an internal whistleblower, business development manager Jan Merrigan.
The university announced last November that it was seeking to appoint a new vice-chancellor just three months after Paul Hartley had been made acting vice-chancellor.
Dr Hartley stepped in after Patricia Broadfoot announced her retirement as vice-chancellor amid rows over 바카라사이트 university¡¯s financial state.
Speaking after his appointment was announced today, Mr Marston said he was joining an institution that had ¡°great strengths, enormous potential and is successfully rebuilding its financial position. It is fast becoming 바카라사이트 type of agile, high-quality, market-aware university that will thrive into 바카라사이트 future.¡±
The Rev Malcolm Herbert, chair of 바카라사이트 university council, said: ¡°This appointment signals a new phase in 바카라사이트 development of 바카라사이트 university as it gets stronger financially and looks forward to 바카라사이트 opportunities 바카라사이트 new higher education landscape will bring.¡±
He expressed a ¡°debt of gratitude¡± to Dr Hartley, saying that he had done an ¡°excellent job in extremely challenging circumstances to continue to provide academic leadership and to turn 바카라사이트 university around financially¡±.
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