The News-Press: Ex-president leaves FGCU with $811,000
Former FGCU President William “Bill” Merwin’s landing will be softened by more than $811,000 in money from a severance settlement, an annuity and other benefits.
The largest segment of the money will amount to the $398,000 Florida Gulf Coast University trustees OK’d Wednesday to settle Merwin’s contract.
Merwin, who resigned two weeks ago over an affair with a faculty member, told The News-Press he likely will sign the deal.
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