CMC President Stan Jensen resigns
Friday, December 28, 2012
The Colorado Mountain College Board of Trustees on Thursday accepted, by telephone, the resignation of college President Stan Jensen.
Jensen, who has been president of the six-county community college for four years, is to receive a severance package of $500,000.
The president of the board of trustees, Glenn Davis of Avon, said Jensen's departure was not connected to the SourceGas Spring Valley compressor station controversy that erupted last May and is now in litigation.
The severance will come from the college's revenue reserve account for 2012-13, as ordered in a motion by Trustee Bob Taylor, of Summit County.
Aside from the severance, no other details were released concerning a separation agreement outlining Jensen's departure.
Read the full story on the Glenwood Springs Post Independent's website.
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Comments
doug monger 5 months, 3 weeks ago
Wow, what is this. Severance of $500,000 for four years of service, That amounts to a severance of $125,000/year for his sitting in the chair for four years and probably complaining how tough things were. There has got to be a story behind this. As a taxpayer of this entity, I would pleasantly say that this does not make me happy where my CMC dollars go. All of this is probably on top of an annual salary over at least $175,000, probably over $200,000. No wonder why all worry about our hard earned property tax dollars. Nice to have some follow up on this.
rhys jones 5 months, 3 weeks ago
That's good work. if you can get it. No wonder this country is going down the tubes.
bill schurman 5 months, 3 weeks ago
Resign or be fired ?? If the PILOT is now doing investigative reporting, this would be a good place to start.
rhys jones 5 months, 3 weeks ago
He must've caught somebody sleeping with somebody they shouldn't, to justify that hush-money. That, or he was really a dufus.
rhys jones 5 months, 3 weeks ago
PS -- Either way, I'm jealous. And I thought real work would work.
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