Former U-C Chief Gets Golden Parachute

Sep 14, 2012

Former University of Cincinnati President Greg Williams will receive nearly 1.3 million dollars from the school during the next two years.

The payments include a bonus, a salary for his faculty position at the U-C law school, and a consulting deal. Williams resigned on August 21st - six days before the start of fall classes - for what he called "personal reasons." University officials meanwhile report nearly 42-thousand students enrolled for the fall semester, down slightly from a record high set last year. Officials have not commented on reasons for the decline.