- Associated Press - Thursday, September 22, 2016

CHICAGO (AP) - The former president of Chicago State University will receive half of his $600,000 severance package by Oct. 1.

The Chicago Tribune reports (https://trib.in/2cO6Nxk ) that under Thomas Calhoun Jr.’s deal he will receive the other payout in January. The school’s trustees approved a separation agreement with Calhoun on Friday. The newspaper obtained the agreement through an open records request.

It’s unclear why Calhoun resigned. The agreement includes a provision that neither Calhoun nor trustees discuss circumstances of his departure.

The agreement says Calhoun must move out of the president’s house by Oct. 1 and provides him with up to $5,000 in moving expenses. He also is to be paid for unused vacation time. Calhoun had the job for nine months. His contract was to run through 2020.


Information from: Chicago Tribune, https://www.chicagotribune.com

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