Dive Brief:
- The resignation and short tenure of the University of Wyoming president will cost the school $1.25 million.
- That figure includes $377,000 for Robert Sternberg’s severance pay and $330,000 for search firms to find replacements for people who resigned or were forced out under Sternberg.
- About $89,000 is also included to search for Sternberg's replacement.
Dive Insight:
As a recent U.S. News & World Report article pointed out, the job of campus president is becoming more and more tricky. It's also becoming more and more well paid. Those big salaries very often come with big severance packages, even when the tenure is brief.