UC will pay its former president more than $1.2 million during the next two years. The university's board of trustees unanimously approved the package for Greg Williams yesterday. It includes a bonus, retirement benefits, consulting fees, a year's worth of salary for his faculty position, and buying out his contract. Williams will also be allowed to live at the presidential penthouse through next January. He resigned for personal reasons less than a week before fall classes started. He'd been with UC since 2009.
UC Board gives Former President $1.2 Million Severance
