The new chief executive of St Andrew’s Healthcare is being paid more than £50,000 less than her predecessor, accounts published today show.
Katie Fisher, who joined the charity on 25 June 2018, earned £223,000 for the rest of that financial year, according to the charity’s accounts for the year to 31 March 2019.
This means her salary for a full year would have been £275,000, the charity said.
This is a significant reduction on the salary of her predecessor, Gil Baldwin, who took home £496,000 in 2017/18 but was on a basic salary of £328,000.
Baldwin resigned on 1 January 2018. He was previously the seventh highest-paid person in the charity sector, according to Third Sector’s charity pay study 2019.
His take-home pay in 2017/18 included six months’ pay in lieu of notice, according to the accounts for that year, which means his salary for the year was £328,000 before other payments and bonuses.
This means Fisher’s salary is £53,000 less than her predecessor.
A spokeswoman for St Andrew’s said: "Katie Fisher, our chief executive, joined the charity in June 2018. Her salary is reflective of the role, and was reviewed and approved by the remuneration committee.
"Katie is compensated at a materially lower level than any of her recent predecessors as the charity strives to secure best value in every area of its operations."
Income increased during the year from £201.5m to £205.1m in.
The charity spent £209.5m, according to the accounts, up from £205.1m the previous year.
The charity has reserves of £230.4m, a reduction of £4.8m on the previous year.
The accounts say the charity looked after 1,430 patients in hospitals and community homes, and 1,585 through its consultancy service.
It was able to discharge 673 patients and help move 228 into the community or to a lower level of security.
The accounts say that 90 per cent of patients are detained under the Mental Health Act 1983.