Pursuits
Penn State Paid $3.3 Million to Fired President Facing Charges
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Former Pennsylvania State University President Graham Spanier, who faces criminal charges related to a cover-up of a child sex-abuse scandal, received $3.26 million in compensation last year.
Spanier’s 2011 pay includes severance of $1.23 million, deferred compensation of $1.25 million earned over 16 years as president, $700,000 in salary and $83,000 in benefits, the university said on its website today.