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.
- SUNY Chancellor Malatras could receive $450,000 one-time severance, $245,000 annual salary after resignation
- Embattled SUNY Chancellor James Malatras resigns
- Should SUNY Chancellor Malatras resign or be fired over actions while working for former Governor Andrew Cuomo?
- Cuomo’s top aides, including DeRosa, Lacewell, Malatras accused of altering health dept. reports on nursing homes
However, SUNY Trustees ultimately agreed to the lucrative option- despite some of the allegations raised against him.
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