Andrew Campbell, chief executive of the Brooke Weston Trust, which runs ten schools in Northamptonshire and Cambridgeshire, said he requested that his salary be reduced to that of a single-school headteacher.
Accounts show his pay fell from £160,000-£165,000 to £145,000-£150,000 last year.
Top salaries have fallen at other trusts. Nova Education Trust chief executive John Tomasevic’s pay dropped from £260,000-£265,000 in 2017-18 to £215,000-£220,000 last year.
Meanwhile, Keith Whittlestone, chief executive of the Joseph Leckie Academy Trust, saw his remuneration fall from £195,000-£200,000 to £185,000-£190,000 in the same period.