Former SUNY Chancellor Jim Malatras is done.
He was granted a yearlong ‘study-leave’ with SUNy, which means Malatras will collect a $450,000 salary with benefits. He will also continue to be eligible for the state retirement system.
Following that year-long hiatus, he will take on a tenured faculty position at Empire State College with a starting salary of $186,000 per year.
“After a thorough review by outside counsel, the SUNY Board of Trustees have resolved and fulfilled its contractual obligations to former Chancellor Dr. Jim Malatras,” SUNY spokesman Leo Morales said in a statement printed by The Albany Times Union Wednesday. “We believe this resolution is fair and equitable.”
Malatras resigned after his workplace behavior was significant scrutinized after the exit of former Governor Andrew Cuomo. He served as a high-ranking aide for Cuomo throughout his time in Albany. There was at least momentary debate about how much Malatras would receive as part of that exit package.
However, SUNY Trustees ultimately agreed to the lucrative option- despite some of the allegations raised against him.
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