“A higher education boss was handed more than £500,000 in a “golden goodbye” pay package after the government scrapped her organisation.
Professor Madeleine Atkins, ex-chief executive of the Higher Education Funding Council for England (HEFCE), secured a 96% increase on her annual pay deal in the body’s final 12 months, accounts published this week show.
The HEFCE was wound up by the Department for Education and replaced by the Office for Students and Research England in April.
Atkins, who was appointed to HEFCE for a five-year term in 2014, had a final remuneration package worth £554,648 once bonuses, pension payments and other benefits were counted. Salary accounted for £528,891 of the total.
Her previous year’s total remuneration was £282,354, of which salary comprised £263,865.
Atkins begins a new role as president of Lucy Cavendish College, University of Cambridge, in October. …”