Update: Holy. Moly. What a thief.
(h/t pghredhead in the comments)
The president of IUP quit and he will be paid a year’s salary, a year’s benefits, and vacation pay … all in one nice lump sum totaling about a quarter of a million dollars. What a nice parting gift!
The man was the subject of a no-confidence vote by faculty six months ago because of his management and spending activities at a PASSHE-university that has seen some heavy funding cuts from the state, which will almost certainly mean higher tuition.
He quits one year before the end of his contract and CHA-CHING!
It says Dr. Atwater can remain in the president’s residence through July 31, and that the university will pay up to $15,000 for expenses involved in his move from Indiana, Pa.
$15,000 to move from Indiana, PA to Washington, DC.
I hope someday to hold a job that after my employees hold an actual vote just to let me know how much they think I suck, I can “quit” and get paid a quarter of a million dollars to leave, and $15,000 to move. Where, oh, where can I get me a job like that?
Look. I understand the behind the scenes maneuvers here. Believe me, I do. I get that there are contracts filled with severance language. I get that there might be sensitive liability issues that we don’t know about. I get that this speaks volumes: “The agreement also stipulates that reasonable efforts will be made to ensure ‘any reference inquiries are advised that Atwater was hired as president on Feb. 1 2005, served successfully and voluntarily resigned his position on June 30, 2010.'”
I get that maybe paying him to go away quietly is what is best for IUP in the long run.
I get it.
All I’m saying is that I’m a little aghast that Tony Atwater is being paid a quarter of a million dollars in one lump sum because he technically quit his job, and that would be a bitter pill for me to swallow should I get a letter from the State System of Higher Education telling me that in light of recent economic times and funding cuts, it is imperative that tuition be increased by fill in the blank% next year.
All I’m saying is that the very least Tony Atwater could do is pack his stuff up, rent a U-Haul and drive it the four hours to DC himself, then donate that $15,000 to one of the school’s scholarship funds.
Call it a parting gift.