Questions on Pay for Departing U. of Toledo President

June 30, 2014

Faculty leaders are questioning why Lloyd Jacobs will be receiving $1.3 million in the three years after he leaves the University of Toledo presidency, The Toledo Blade reported. Jacobs will finish at Toledo today, and his departure was announced only June 20. Little has been said by Jacobs or the university about his speedy departure. Faculty leaders say that the large sums seem particularly inappropriate in light of the lack of raises for professors in the last three years.


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