Saturday, 31 July 2010

Anchor names new chief executive

Anchor Trust has announced its replacement for housing’s highest paid chief executive John Belcher, who left the association in November.

Jane Ashcroft, who has been acting chief executive of the 37,163-home landlord, takes on the role with immediate effect. Ms Ashcroft joined Anchor in 1999, and was most recently its managing director for care services.

She replaces Mr Belcher who attracted criticism after picking up a £391,000 salary and bonus package last year. At the time Anchor said the chief executive’s salary was benchmarked against the private sector.

In an email to housing consultant Steve Sitch in December 2009 Peter Marsh, chief executive of the Tenant Services Authority, said he had a ‘clear understanding that the salary offered to their next CEO will not be benchmarked against private for-profit comparators’.

Ms Ashcroft would not divulge her salary but said she had ambitious plans. ‘I will build on what the organisation has done before and that will hopefully take us forward quickly to provide more services for more people.’

Anchor will not hire a new deputy chief executive and instead the senior management team is made up of the chief executive, plus group directors of services, operations, and finance.

Readers' comments (16)

  • What is her salary?

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  • They are not going to pay any less than what John was getting, or they will get discrimination lawsuit on their hands!

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  • Aahhh...welcome the nay-sayers.
    Congratulations Jane - fantastic news and everyone I know has agreed you are the best choice! Good luck!

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  • Well done

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  • The reign of Skeletor Belcher-Burper is over - all hail She-Ra!

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  • With regards to the comments about the pay element and discrimination, I quote from a previous poster on an associated story regarding Anchor:
    I'm certainly hearing both sides. In England we have a saying for a situation such as this, which is that it's difficult difficult lemon difficult.
    Well, I think it means, uh... actually, no, no, I don't know what it means.

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  • So based on Mr Belchers £391,000 annual salary(despite losses of £35 million this year!) Jane Ashcroft should be well on her way to £½million per year...

    Difficult difficult lemon difficult indeed...

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  • In many aspects the best thing to do is say nothing, stay detached. Bit like what somebody said they would do to my retinas once.

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  • Blair Mcpherson

    So the woman who knows where the bodies are buried becomes the woman in charge.

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  • Did someone pull a rabbit out of a hat somewhere..?

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