Free Lance-Star reporter Amy Umble covers Stafford County schools and other education issues
Outgoing UMW president to receive $217,000 in severance
University of Mary Washington President Judy Hample will receive a lump payment of $217,000 after her resignation June 30, according to an amended employment agreement. You can read the amended agreement here.
UMW today released this statement:The Board and President agreed to a fair and equitable settlement of the contract. President Hample’s offer to step down early and to release the Board from the contract provisions regarding a tenured professorship were felt to be deserving of compensation that was satisfactory to both parties of the contract. A severance package is often typical in the early dissolution of contracts, and this agreement does not differ greatly in substance from those that have been agreed to at other universities.