UMass to review ex-president's pay package
BOSTON—The University of Massachusetts is reviewing an agreement that allows former president Jack Wilson to continue drawing his $425,000 presidential salary while on a yearlong sabbatical.
The agreement also calls to pay him nearly triple the average salary of senior faculty when he begins teaching next year at UMass-Lowell.
James Karam, chairman of the UMass board of trustees, tells The Boston Globe (http://b.globe.com/vDnRyy) the compensation committee will review the process that set the terms of Wilson's transition to ensure it complies with university policies. The panel is expected to reach a conclusion in January.
The agreement was reached with the former chairman, who consulted the compensation committee in defining the terms, but was not required to discuss the details with the full board or to make the agreement public.
Information from: The Boston Globe, http://www.boston.com/globe