Word: ladner
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Dates: during 2000-2009
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...huge.”Hefty severance packages are increasingly common in higher education. The former president of Boston University, Daniel S. Goldin, received $1.8 million from the school when he stepped down in 2003 before ever serving a day on the job. American University granted its former president, Benjamin Ladner, a severance payment in the range of $1 million in 2005—even though auditors accused Ladner of financial improprieties. The former president of Florida Gulf Coast University, William C. Merwin, garnered an $811,000 package after he resigned in January following an extramarital affair with a female professor.Harvard...
...Bains suddenly stepped down on Oct. 9, writing in her resignation letter that “a very small, but mean-spirited group” had tried to stymie the investigation and reinstate Ladner...
...second board member, Paul M. Wolff, resigned on Oct. 12 because he did not support the idea of giving Ladner any severance, according to the resignation statement that he sent to the other trustees that was obtained by the Post...
...What is astounding is that despite all that has been made public, some [board] members want to find ways of ‘making it up’ to Ladner,” Persaud writes...
...community members say that the board was too hands-off in its approach to Ladner, giving him too much power...