Monday, October 25
The successor to the outgoing BBC Trust chairman Sir Michael Lyons will have to accept a pay cut of £21,000 as part of the government's cost-saving drive, it has emerged.
Culture secretary Jeremy Hunt has now started the search for a new chairman for the BBC's governing body, with adverts placed in selected national newspapers.
The post is being advertised at £110,000 for a three-to-four day working week, which is 16% less than the £131,000 currently earned by Lyons, who steps down next May.
On a pro-rata basis, the revised salary is still more than the £142,500 earned by Prime Minister David Cameron for his full-time duties.
The job advert, posted by the Department for Culture, Media and Sport, places a closing date of November 12 for applications with interviews scheduled for January 27 and January 28.
The ad calls for "excellent leadership skills and ability to chair effectively at senior board level", as well as "a commitment to effective financial stewardship and ability to ensure value for money is achieved".
According to reports, candidates in the running include Tesco chief Sir Terry Leahy, former Marks & Spencer boss Sir Stuart Rose and YouGov chairman Roger Parry.
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