The trustees of the charity fundraising charity the Kiltwalk have resigned to be replaced by representatives of the philanthropist Sir Tom Hunter’s foundation.
The Kiltwalk, which organises sponsored walks with people wearing kilts to raise funds for children's charities in Scotland, announced in March that Carey McEvoy, its founder and chief executive, would stand down after four charities cut ties with it, with two of those citing concerns about the amount of funds they received from the events.
Of the £1.6m income the Kiltwalk had in 2013, £776,406 went to participating charities.
The Hunter Foundation announced today that all of the Kiltwalk’s five trustees, including its chair, Michael Ure, have stood down and the foundation had committed to provide funding and support for the charity in future.
A spokeswoman said that the amount and nature of the support and funding would be announced "in the coming weeks".
Ewan Hunter, chief executive of the Hunter Foundation, who is not related to Tom Hunter, will take over as interim chair of the Kiltwalk.
Sean Tracey, former chief executive of the five-a-side football company Powerleague, and Mark Harvey, a partner at the professional services firm EY, have also been appointed to the Kiltwalk board.
Ure will continue to work with the new board in an advisory capacity over the next two months.
He said in a statement: "The retiring board of trustees leave safe in the knowledge that, after what has been a turbulent period, we are delighted to have secured the future of the Kiltwalk through the involvement of Sir Tom Hunter and the Hunter Foundation.
"We have overseen phenomenal growth and passion for the Kiltwalk since 2010 and look forward to this exciting new chapter, aimed at raising even more money for children's charities across Scotland and, of course, our Scottish kids."
Tom Hunter said in a statement: "The Kiltwalk is a fantastic concept for raising much-needed funds for Scotland’s children’s charities and has our absolute support. We intend over the next couple of months to redefine and improve the model, building on the foundations already in place to maximise returns for charities and turbo-charge Scotland’s Kiltwalkers for 2016."