Luke Johnson, the chairman of Patisserie Valerie, has said that he will waive his £60,000 salary as he focuses on reviving the café chain following an accounting scandal.
He has told the board he would not take his salary for the rest of his time at the business.
Johnson has also said that he will give up some of his board level roles at other firms due to criticism that he holds too many.
Patisserie Valerie has to raise £25 million in funds after discovering a gap in its accounts in October.
Johnson has said that he will focus on his chairman role ‘for the foreseeable future’.