How rare is Frohnmayer’s sweet retirement deal?

8/14/2009: We’ve reported before on Frohnmayer’s amazing retirement contract. The OUS board created a new position for him, called “President Emeritus”. He keeps his $245,000 base salary plus whatever the Foundation gives him to top it off, (currently $50K as Knight chair) plus a secretary and a GTF, plus a full salary 1/2 year sabbatical, plus a 90% salary 2 month “study leave”, plus offices in the HC and the law school, plus expenses including travel. In return he agrees to teach one 20 person class per year. Furthermore, when he decides to really retire, UO still won’t be done shelling out the bucks – he will be eligible for the same golden parachute contract that he gave to his former Provost, John Moseley.

Frohnmayer’s retirement package is unusually generous even in the sycophantic world of university boards and administrators. For example, Insidehighered.com has a story on a renegotiation of the retirement contract for retired NC State Chancellor (President) James Oblinger. He was originally allowed to keep his Chancellor’s salary for 6 months, before going back to a regular faculty member’s pay (and duties!). If we read Dave’s contract correctly, his deal is good for as long as he wants it. I’m guessing that will be a really, really long time. Page one says “Further, at all times, Frohnmayer shall enjoy the privileges associated with serving as a tenured professor at the University of Oregon School of Law.” But the contract says absolutely nothing about any of the responsibilities. He can teach a class in the law school someday – if he chooses to do so.

Board Cuts Pay of Ex-Chancellor of N.C. State:

The board of the University of North Carolina System voted on Friday to immediately cut the pay of James Oblinger, the former chancellor of North Carolina State University, The Raleigh News & Observer reported. Oblinger resigned in June under an agreement in which he was promised to be paid his chancellor’s salary ($420,000) for six months, before returning to the faculty, where he would be paid as a professor. The board, amid some disagreement but facing statewide criticism over the exit packages given to administrators, voted to cut Oblinger immediately to $173,000, which is what he will earn as a professor of food science. Oblinger quit amid an escalating public debate over his university hiring the wife of the then-governor. As he quit, Oblinger stated that he did not believe he had done anything improper, but wanted the university to focus on other issues.

Oh yeah – who was NC State’s Dean when they hired the then-governor’s wife for $170,000? Linda Brady, who then left to become UO Provost.

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