The big payday: Ackerman scores huge severance deal
Superintendent Arlene Ackerman's $905,000 buyout appears to be one of the most generous ever awarded to a superintendent anywhere in the country.
The big payday: Ackerman scores huge severance deal
Superintendent Arlene Ackerman's $905,000 buyout appears to be one of the most generous ever awarded to a superintendent anywhere in the country.
And it's not even the first time she's been paid NOT to work.
She received a $375,000 buyout from the San Francisco Unified School District in 2005.
The buyout she received today is much higher than the $180,000 that former Philadelphia schools CEO Paul Vallas got when he left in 2007. Former Camden superintendent Annette Knox was given a $200,000 severance package when she left in 2006.
Earlier this month, the Dallas Morning News reported that school districts in Texas had paid out $7.7 million to buy out superintendents in recent years. Since 2005, approximately 71 superintendents in the state had been offered buyouts, the paper reported, with most receiving six-figure paychecks.
Earlier this year, the school board in Gettysburg, Pa. agreed to buy out former superintendent William Hall’s contact for approximately $542,250. That reportedly included two years worth of mortgage payments for a home he purchased through the school district.
In 2007, the school board in Little Rock, Ark. agreed to pay former superintendent Roy Brooks $600,000 in severance.
Who cares?! Be gone!— CommonSense11- I hope that in the future, there is a clause in the contract that states, "You are an at will employee and the contract can be terminated by either party, for any reason, at any time." If that clause is in the contract, I bet, there will be no need to pay out this kind of money to anyone, particularly in a district that is in dire need of funds. For the amount of money that is being paid out, how many jobs could have been saved? How many health insurance premiums could have been paid for for the individuals who have been displaced by being laid off? How many school supplies could have been brought for children? How many schools could have had the necessary supplies in the schools so that teachers didn't have to spend their own money to equip their classrooms with basic materials? This is just beyond being sad.— LadySLR
- I have heard that Ackermann will also receive health insurance for life. If anyone knows, please post it. There has been no mention of this.— gargom
