Hogan will get one-year leave at $285,000 salary

Hogan will get one-year leave at $285,000 salary

UPDATED 10:50 a.m. Friday

CHICAGO — Michael Hogan will get a one-year sabbatical as soon as he resigns from the University of Illinois in July at a salary of $285,100,   the average of the top 10 faculty members, as his original contract stated. (An earlier version of this story erred in the salary figure.)

He gets to pick which campus he wants to work on when he returns from sabbatical in 2013, and the UI will pay his moving expenses.

The resignation "in no way constitutes an admission that any basis exists for the Board of Trustees to terminate Hogan as president for any reason or without cause," the agreement says.

Hogan submitted his resignation on Thursday. The UI has posted a revised contract with Hogan to be considered today (Friday, March 23, 2012) by the executive committee of the University of Illinois Board of Trustees.

The committee also will name Robert Easter the president-designate. Until Hogan leaves, Easter's salary will be based on a $250,000 annual salary. When he becomes president, his salary will be $450,000 — about $200,000 less than Hogan was earning.

 

Comments

News-Gazette.com embraces discussion of both community and world issues. We welcome you to contribute your ideas, opinions and comments, but we ask that you avoid personal attacks, vulgarity and hate speech. We reserve the right to remove any comment at our discretion, and we will block repeat offenders' accounts. To post comments, you must first be a registered user, and your username will appear with any comment you post. Happy posting.

Login or register to post comments

sueo wrote on March 23, 2012 at 11:03 am

Seriously? He RESIGNS and gets one-year's salary and all his moving expenses paid for...more tax dollars hard at work :(

slate96 wrote on March 23, 2012 at 11:03 am

Mr Kennedy says that President Hogan did what the university needed.

I guess what the university needed was national disgrace, a year's salary and moving expenses and a tenured position to the one who brought it about. Saving money, my donkey!

Mr Hogan did pretty well for doing an embarrasingly ghastly job.

Too bad those who do their jobs well get cuts.

LLP0867 wrote on March 23, 2012 at 12:03 pm

Guess 285K plus moving expenses is cheaper than any coach they have let go this year!!


Lucky us!!!

Sid Saltfork wrote on March 23, 2012 at 1:03 pm

One year off doing research on the Marshall Plan with a salary of $285,000.00.  When he returns, he gets the average salary of the top 10 faculty members in the U. of I. system including engineering, etc.  It will be a better salary than a tenured History professor.  He, also, picks which campus to work on with a graduate assistant, and secretary.   He could work from U. of I. Springfield, or U. of I Chicago; and not have to face his detractors.  It is called exile with financial means.  In a few years; he can retire with a decent pension if pensions still exist, and move to a warm location with respectibility.  Not a bad deal for a History prof, and failed university president.  No disrespect to the History profs meant. 

Alexander wrote on March 23, 2012 at 3:03 pm

I want to just emphasize that he's rich and doesn't need to wait out his pension from UI(llinois) since I'm sure he's got a decent one from Iowa or UConn. Combined with his salary over his lifetime and any not totally stupid investment plan he could retire right now and live in the lap of luxury. (An Illinois pension would only be bonus.) As for respectibility? That I don't know about -- depends how much he cares what other academics think of him.   

UIUCHoopFan wrote on March 23, 2012 at 4:03 pm

Dear UI Foundation, Alumni Center, DIA, etc:

Don't bother calling me for a donation EVER again!  The constant waste of money coupled with never ending campus embarassment has reached its limit.  "The University of Illinois" has become a national punchline but no one holding a diploma from this flagship institution is laughing!

 

lcoil79 wrote on March 23, 2012 at 5:03 pm

Wait a minute.  In reading his contract, I didn't think he was eligible for a sabatical unless he had been President for 5 years.

Alexander wrote on March 23, 2012 at 5:03 pm

It's a typical termination negotiation. Basically it says "we're giving you something extra, and you sign off on the resignation and thereby waive your rights (if any) to sue us for constructive dismissal". It happens all the time in the "real world" as well.

Sid Saltfork wrote on March 23, 2012 at 8:03 pm

The "real world" as opposed to what other one? 

killerut wrote on March 23, 2012 at 9:03 pm

+1

Alexander wrote on March 24, 2012 at 7:03 am

The "1% world" (i.e., the "world" where "rules for the common man" don't apply") that some people complain about. Does that make it clearer?

GoingtoHeck wrote on March 24, 2012 at 7:03 am

Good point, lcoil79!  Had to think about that one a bit.  Hogan DID resign at the request of the Board.  The other two options were either dismissal with cause or dismissal without cause.  I suspect dismissal with cause would have been a long, tedious, embarassing process, so dismissal without cause would have been the only viable alternative.  In THAT case, UI would have owed Hogan another full year's salary from date of dismissal ($651,000).  So ... although I'd rather he not get another dime from UI, it seems the Board took the least expensive option.  That year of paid sabbatical may well have been Hogan's price for tendering his resignation.  Still ... OUCH!

Local Yocal wrote on March 24, 2012 at 10:03 am
Profile Picture

All the staff and faculty who were laid off because of Hogan's "belt-tightening measures" should burn the president's house down- without people in it of course.

rsp wrote on March 24, 2012 at 10:03 am

I think you have the wrong president.