The University of Law's Chief Executive and its Chief Financial Officer have both left the business. It follows ULaw's surprise sale in June to 36-year-old entrepreneur Aaron Etingen.

A spokesman for Etingen's company, Global University Systems, confirmed that CEO John Latham and CFO Tom Boucher "will be leaving the University by mutual consent". It appears they have already exited the building: neither Latham nor Boucher's LinkedIn profiles display their ULaw jobs as current.

Latham had served on the Executive Team for just two years. He was appointed CEO of ULaw in 2013 and subsequently became the President when, last February, RollOnFriday favourite Nigel Savage stepped down from the role (but symbolically up, receiving a going-away title of 'Emeritus President' and then an honorary doctorate). Boucher joined ULaw in 2012.

The new team

Latham’s chief executive duties will be taken over by two of the five remaining Executive Team members, Chief Operations Officer David Johnston and Provost Andrea Nollent. Finance director Gaye Culmer will cover for Boucher. The spokesman said that Latham would continue to head up the "GUS/ULaw Strategic Options Review" and to advise ULaw chairman David Blunkett (yup) on regulatory matters.

Laying waste to the Executive Team doesn't quite chime with GUS and ULaw's insistence when the sale went through that the two entities had entered into an agreement which would "ensure that the governance systems and management team that have helped drive ULaw’s success are retained". Then again, prior to the sale, Ulaw had been losing law firms hand over fist to rival BPP, including Allen & Overy, Clifford Chance, Baker & McKenzie, Osborne Clarke, DAC Beachcroft and DWF. Linklaters is the only MC firm which still sends students to ULaw.

The spokesman said, "We wish to record our thanks and appreciation to both John and Tom for their excellent service to the University".