Restructuring of the Arts Council of England has led to a doubling up of the finance director’s function at a time when staff are expected to be axed to save money.
A second chartered accountant, Graham Long, was appointed in July to sit on the executive board which is overseeing the reorganisation. Long was formerly chief executive of South West Arts and before that head of finance and resources at Northern Arts. He has authority above the current director of finance and resources Nigel Copeland.
The planned shake-up of the council, which helps subsidise a variety of arts such as the Notting Hill carnival, will devolve decision making on funding to the Regional Arts Boards. Chief executive Peter Hewitt claimed the new structure could save #2m per year which could be redirected to front-line arts activity.
But the cost of employing an additional finance head, at the advertised salary of #70,000, equates to almost 5% of the #2m saving the Arts Council is hoping to make by halving its current staff to around 150.
An Arts Council spokesperson said Long signed a five-year contract with the executive team which is heading the restructuring process.
Andrew Tyrie airs views on the Finance Bill, 'Making Tax Policy Better' report, and Brexit
In our latest managing partner Q&A looking towards 2017, CVR Global's Richard Toone talks about recruitment, and the potential threat of competition from the legal sector, as key issues for the firm in the coming year
Deloitte to avoid tendering for government contracts over the next six months, to appease Theresa May following consultant's report that painted a less-than-flattering picture of Brexit plans
In our first Q&A looking towards 2017, Menzies senior partner Julie Adams flags up increasing digitisation, aligned with more hands-on consultative services, as the key mix for her practice