Connecticut President's Golden Parachute Angers Faculty Members

By JULIANNE BASINGER

Claire L. Gaudiani, a former president of Connecticut College, received $551,550 in severance pay after she left office, in 2001 -- an amount that outraged faculty members who had called for her resignation.

The severance arrangement made Ms. Gaudiani's compensation of $898,410 the highest among private-college presidents in federal...

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