Post-Retirement Salary Offer Helped UNH Navigate Financial Storm, Official Says
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The University of New Hampshire updated former president Mark Huddleston’s contract to include the promise of a year of full salary after retirement in order to help the school weather a financial crisis, according to a top official with the state university system.
Joseph Morone, chair of the university system’s board of trustees, told NHPR that Huddleston’s 12-month, post-retirement “transitional salary” was not part of his original employment agreement. Rather, it was added six years into his time at UNH, and a year after a deep cut in state funding for the university system took effect.