Karl Wilding, chief executive of the National Council for Voluntary Organisations, has reduced his salary by £25,000 a year.
Wilding, who took up the role in September, will be on a salary of £120,000 a year, according to the umbrella body’s latest accounts.
The post was advertised at £145,218 – the same as his predecessor Sir Stuart Etherington – but was reduced at Wilding’s request, an NCVO spokesman said.
Etherington will officially leave the NCVO next month after carrying out a project on its European and international work.
Salaries at the NCVO are set by its HR and remuneration committee, which is a subcommittee of the umbrella body’s board and contains independent members, the spokesman said.
Wages were benchmarked at the lower end of the spectrum for chief executive pay among larger charities, the spokesman said, but were set within a salary range rather than a specific figure.
On appointment, Wilding asked the committee to reset the pay for the role at the bottom end of the salary range, to which the committee agreed.
The spokesman said that no other salaries at the NCVO would be affected by the change.
The NCVO has also announced that Richard Williams will be stepping down as director of membership and enterprise after 13 years at the organisation.
Williams is leaving full-time work and will take up part-time consultancy and non-executive roles in the new year, the umbrella body said.
He will leave before the end of the year.
Before joining the NCVO, Williams worked at The Conservation Volunteers, then known as BTCV, which he joined in 1988.
In an email to staff, Wilding said: "As a member of our senior management team, Richard has served NCVO and the voluntary sector with passion and commitment for more than 13 years.
"He has been one of the driving forces behind our shift to become a more independent, sustainable organisation.
"NCVO would literally be poorer without him, as would the many organisations that have benefited from the services and support he has brokered on their behalf."
The NCVO has also made several changes to its senior management team on an interim basis ahead of a major strategy review, which will be launched shortly.
Susan Cordingley, director of strategy and planning, will become deputy chief executive, and Megan Griffith Gray, current head of digital, data and planning, will become director of strategy and transformation.
Elizabeth Chamberlain, head of policy and services, will be director of public policy and volunteering until the new year, when Sarah Vibert will join on a 12-month contract.