The chief executive of the Higher Education Funding Council for Wales (Hefcw) is to receive a payout of nearly £200,000 when he steps down ahead of the organisation’s disbandment.
Hefcw will be dissolved at the end of March 2024 when its duties are taken up by the Commission for Tertiary Education and Research (CTER), a new post-16 regulator overseeing further education, higher education, apprenticeships, sixth forms and Welsh-government funded research and innovation.
At that point the role of Hefcw chief executive, held by David Blaney since 2012, will cease to exist. CTER’s chief executive is Simon Pirotte, former principal of Bridgend College.
In a statement issued on 22 November, Hefcw said that it had reached a “voluntary exit agreement” with Dr Blaney and that he would leave in February 2024.
