Missouri and Kansas university leaders get hefty retirement packages

KBIA | By Associated Press

Published June 28, 2013 at 5:40 PM CDT

Tuition at the University of Missouri, where Brady Deaton serves as Chancellor, will rise as much as 7.5 percent.

University presidents in Kansas and Missouri have been retiring with substantial financial packages.

When MU Chancellor Brady Deaton retires this fall, he’ll be director of an institute on international development. He’ll be paid 200 thousand dollars.

Former KU Chancellor Robert Hemenway received about 340 thousand dollars for two years after he retired in 2009.

The Kansas City Star reports that kind of exit deal was uncommon a decade ago for leaders of public colleges.

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