Academy trust with £9m deficit names new CEO
The academy trust in the largest financial hole in England has named its new chief executive, days after the resignation of its last boss. Lisa Walton has today been installed as acting CEO of the St Ralph Sherwin Catholic MAT, which has been the subject of ministerial scrutiny and strikes after sliding into an over £9 million deficit. This comes after the 25-school chain announced on Friday that previous chief Kevin Gritton, who had been in post for almost four years, had resigned with immediate effect. The new CEO St Ralph chair Sarah Noon confirmed this afternoon that Walton has been appointed acting chief until August 2027. “The appointment is effective from today and has been approved by the Bishop of Nottingham and the Department for Education,” she added. For the last four years, Walton has been deputy of the East Midlands Education, which has 24 schools on its books. “During this time, she also served as interim CEO for 14 months. She is a practising Catholic,” Noon continued. “On behalf of the trust board, …





