There is a newspaper article this morning in the Paisley Daily Express. This is the statement our chairman Donald Urquhart released to the media. Despite the circumstances, all PACE events and activities will go ahead as planned. The company has been rocked but remains strong in its ambitions to inspire young people.
The trustees of PACE Theatre Company have pledged to continue the success of the organisation after its Executive Director, David Wallace was dismissed from his post.
The move comes after an internal investigation into the financial affairs of the company.
PACE chairman, Donald Urquhart said: “It’s unfortunate that we’ve had to terminate David Wallace’s employment with the company, but as trustees we were left with no other option.
“We are strong in all aspects of the business and as trustees of this charity, our duty is to ensure this continues to be the case.
“It is business as usual at PACE and the recent circumstances do not affect the running, or the financial stability of the organisation.
“There is no truth in any suggestion that staff won’t receive their wages.”
“Everyone can be assured that the activities of PACE continue as normal and once a new executive director is in place, we will go from strength to strength.
“We will have a new executive director in the near future, but the aims of the organisation to help young people recognise and reach their full potential stay the same.”