President Fogel’s exorbitant payout draws criticism
Posted on | August 11, 2011 |
On August 1st, when Dan Fogel stepped down as President of UVM, he began a 17-month paid leave of absence. During this time, he will receive over $580,000 in compensation and benefits. Many are outraged at this extraordinarily generous compensation package at a time when the University is supposedly so financially strapped that staff will have to go without any raise at all this year, and layoffs have already begun. To put this in perspective, $580,000 would cover a 1% raise for all unrepresented staff at UVM for one year. According to this Burlington Free Press article, Vermont Governor Shumlin’s suggestion to Fogel that he use some of his payout to establish a scholarship fund fell on deaf ears.