Comment on University of Louisville president gets $690,000 to resign amid embezzlement scandals and a string of other embarrassments

University of Louisville president gets $690,000 to resign amid embezzlement scandals and a string of other embarrassments

http://syndication.ap.org/AP.Distro.ContentBroker2/ContentBroker.aspx?contentid=fc598238a5bc4e2ca5d752f7dd422839&iid=d227e6f58ab4434eb75ae5190b9320b7&rsn=0&recordid=d227e6f58ab4434eb75ae5190b9320b7&filingId=9807e3f740124e888d8e7e0590362ec3&role=Preview&reldt=2016-07-28T03:14:17&media=Photo&sz=34122&dest=ak&trF=NY118&ofn=University%2bof%2bLouisville%2bPresident.JPEG&fmt=jpg&relativeUrl=jpg/2016/201607/28/fc598238a5bc4e2ca5d752f7dd422839.jpg&s3Key=versions/preview-v00.jpg&authToken=eNotizsOwyAQBU8EWhYvnwIpV4kBS1vEWGAUF3v4UKR5etLMSH2Ssw6IyHhCAIjRGsmcjkwxoA3qTXtWW8W8XvGK8PClbIjBRmlcVg5kZY6U23l33ufd%2bnjtc%2fBZx5rBpXad20cmL9mAs3J90x8YAuErEWqn0aAO9AOwXS22LOUISVILLE, Ky. (AP) — University of Louisville trustees accepted the resignation of embattled President James Ramsey, whose long tenure was dogged by scandal. The action at a special meeting of the school's board signaled the end of an era. Ramsey, a former state budget director, has led the university for 14 years. After six hours of closed-door deliberations, the board announced late Wednesday that Ramsey will be paid $690,000 and will resign immediately, with an agreement not to sue the school. Ramsey was credited with raising academic standards and boosting the school from a commuter campus to a distinguished research institution.

 

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