Western New Mexico University President Resigns with $2 Million Severance After Misusing $360K of Public Funds - PRESS AI WORLD
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Western New Mexico University President Resigns with $2 Million Severance After Misusing $360K of Public Funds

share-iconPublished: Friday, January 03 share-iconUpdated: Friday, January 03 comment-icon2 months ago 16 views
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INDIATIMES
Western New Mexico University President Resigns with $2 Million Severance After Misusing $360K of Public Funds

Credited from: INDIATIMES

  • Joseph Shepard, President of Western New Mexico University, resigns after reportedly misusing $360,000 in public funds.
  • He is set to receive a $2 million severance package, approved by the university's Board of Regents.
  • Shepard's expenditures included luxurious travels and non-compliant expenses for personal events.
  • His spending included $25,500 for a training event at the Ritz-Carlton and $214,000 in noncompliant travel costs.
  • Following his resignation, Shepard will take on a tenured teaching role with a $200,000 annual salary, costing taxpayers an additional $1 million.

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Atlas Winston

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