University fat cat whose pay jumped by a fifth quits

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A university boss whose pay rose by a fifth this year has quit amid allegations he had a business link with the chairman of the committee that decided his salary.

Dominic Shellard, of De Montfort University in Leicester, got a 22.4 per cent increase to bring his salary up to £350,000 – the largest pay rise of any vice chancellor this year.

He resigned from his role with immediate effect on Monday, and the Office for Students watchdog launched an investigation into ‘regulatory matters’.

Now it has emerged Professor Shellard (pictured) held shares in a holding company run by Anthony

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