City & Guilds bosses awarded themselves millions in bonuses, investigation finds

Automatisch samengesteld met AI uit de vermelde bronnen

An internal investigation into the £166m sale of City & Guilds found that former CEO Kirstie Donnelly and finance chief Abid Ismail authorised and paid themselves bonuses of £1.7m and £1.2m respectively without the knowledge of the buyer PeopleCert or the charity’s former owner. A further £2m was paid to other senior executives and 60 junior colleagues. PeopleCert intends to pursue full recovery from Donnelly and Ismail and will request repayment from serving executive leadership team members, while ratifying the bonuses of the 60 other staff. The findings land as the charity already faces legal action over planned job cuts.