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Academies: ‘Group-think’ is leading to high CEO salaries

The “astronomical sums” being paid to the chief executives of some multi-academy trusts (MATs) are a result of “group-think” by boards dominated by people with a background in the private sector.

This is according to Emma Knights, chief executive of the National Governance Association, who told the annual conference of the Association of School and College Leaders (ASCL) that MAT boards were failing to meet the expectations of the sector.

Speaking to delegates at the event in Birmingham last week, she said: “If you look at the people on these boards, who are making decisions (about pay), the majority of them are coming from the private sector, so they come with a different set of values and they come with a different set of expectations about pay.”

This meant that when highly paid CEOs were challenged about their remuneration, they could say it “has nothing to do with me, it is my board, and they are business people”.

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