The Charity Commission’s chief executive will remain in post for an additional year, it said today.
William Shawcross, chair of the commission, said Younger’s three-year contract as chief executive, which was due to expire at the end of this month, would be extended to the end of August 2014.
Shawcross said the extension to his contract would allow Younger to complete long-term strategy work and lead the commission’s response to any recommendations made by the National Audit Office and Public Accounts Committee.
A PAC report, published in June, criticised the commission’s lack of regulatory rigour and said the Cup Trust tax-avoidance scandal could have been easily detected. An NAO review, planned for the autumn, will examine the commission’s effectiveness as a regulator of registered charities.
Younger will also devise the strategy for the future of the commission’s four offices in Liverpool, London, Newport and Taunton.
Speaking to commission staff today, Shawcross said: "I am sure you will agree with me that Sam has contributed a great deal to the commission over the past three years. I am delighted therefore that he has agreed to extend his current contract for a further year, to the end of August 2014."
"This will enable him to complete the long-term accommodation strategy and help ensure the commission can live within its budget constraints to the end of 2015-16.
"He will lead the commission’s response to any agreed recommendations arising from the current NAO and PAC scrutiny. His continued presence will also assist with the full integration of the new board into the Commission over the next few months. We plan to advertise the post after the summer."
The schedule for Younger’s departure will mean that his replacement will take up post nine months before the next general election, scheduled for May 2015.