In September 2003, the group suffered a crisis in governance, with a damaging row between board members and chief executive David Cowans over the latter's pay during a time of rapid growth. The group's regulator, the Housing Corporation, placed it into supervision until July 2004, appointing additional board members and imposing other sanctions. Cowans is among the sector's highest-paid executives, and his pay attracted further media attention in 2005 after a backdated pension settlement.
In 2010 the high salaries of housing association executives drew criticism from the incoming government, in particular that the second highest paid executive at a housing association was the chief executive of Places for People, earning £297,000 per year.
Read more about this topic: Places For People
Other articles related to "controversy":
... In December 2009, a Chicago Tribune story reported on the problem facing eastern sections of Uptown where several nursing homes clustered in the area house the mentally ill, including felons ... Many of these residents have committed a variety of serious crimes including murder, and 11 nursing homes in the area house 318 convicted felons and 1350 mentally ill people ...
... John Walsh generated a great deal of controversy during a summer press tour in 2006 when he stated to the media he jokingly told senators to implant "expl ...
... result of a lack of confidence on the part of the disputants - as in Benford's law of controversy ... For example, in the political controversy over anthropogenic climate change that is prevalent in the United States - it has been thought that those who are opposed to the scientific ... belief anchoring and polarization of opinions - exactly as described in the global warming controversy context - in spite of identical evidence presented, the pre-existing beliefs (or evidence ...
... Napolitano was the subject of controversy after a Department of Homeland Security threat assessment report, one of two reports, the other focused on left wing ... beginning in 2008, the abortion controversy, and disgruntled military veterans' possible vulnerability to recruitment efforts by extremist groups as potential risk factors ...
Famous quotes containing the word controversy:
“And therefore, as when there is a controversy in an account, the parties must by their own accord, set up for right Reason, the Reason of some Arbitrator, or Judge, to whose sentence, they will both stand, or their controversy must either come to blows, or be undecided, for want of a right Reason constituted by Nature; so is it also in all debates of what kind soever.”
—Thomas Hobbes (15791688)
“Ours was a highly activist administration, with a lot of controversy involved ... but Im not sure that it would be inconsistent with my own political nature to do it differently if I had it to do all over again.”
—Jimmy Carter (James Earl Carter, Jr.)