https://www.realclearpolicy.com/articles/2022/12/26/former_university_president_gets_16m_parting_gift_871735.html
The former president of Colorado State University collected a payout of almost $1.6 million. The university won’t say why she left before the end of her planned tenure.
Joyce McConnell’s annual salary was $550,000 per year. In the June separation agreement between McConnell and CSU Board of Governors, she was paid $1,572,725 as a result of ending her contract early. McConnell signed a five-year agreement in 2019, keeping her employed as president through 2024, The Coloradoan reported.
Neither McConnell nor officials at the public university will say why she left. Colorado state taxpayers have a right to know why she was paid the equivalent of three years of salary.
She was the university’s first female president, having come from West Virginia University where she served as provost and vice president for academic affairs.
Amy Parsons, a former senior administrator at Colorado State University at Fort Collins, is her most likely replacement, according to The Chronicle of Higher Education.