Prez quits over drinking photo, nabs 400K
December 3, 2008 by Shane BorerPosted in: "Would you want this person in Finance?", Contract disputes, In this week's e-newsletter, Latest news & views
After this official was caught in an inappropriate photograph, he probably expected more than a slap on the wrist. If he only knew how right he was.
Dr. Robert Paxton, former president of Iowa’s Fort Dodge Community College, resigned from his position after a photo was released which showed him pouring beer into a young woman’s mouth. The photo, which was snapped and submitted to The Des Moines Register anonymously, shows Paxton with a group of young people — many of whom are students — on a boat.
Paxton initially denied doing anything wrong, claiming the miniature keg he was holding above the young woman was broken and not dispensing beer. A few days later, he admitted the photo “reflected poorly on the college.”
The former president had signed a new three-year contract only days before the photo was taken. As part of the severance package laid out in the contract, Paxton will be paid for two of those years — more than $400,000 — and will also receive health benefits for several months.
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Tags: Des Moines Register, Fort Dodge, Inappropriate, Severance package, Work behavior
December 6th, 2008 at 1:39 am
Gee, if I knew I could take a job, go party with the kids, and then leave 400K richer, I’d ov had 2 parties, one before and one after.
But then I’m a simple man, and could live for life off that chunk of change it it weren’t for the fact that there’s no such thing as “good currency.”
On the other hand, going into an economic depression without a job kinda sucks–but not much so long as you have a bit of beer money the pretty girls will still ve partying.