U. of Central Arkansas President Resigns Amid Furor Over Secret Bonus; Takes $700K buyout package

The Arkansas Democrat-Gazette: Hardin resigns as president of UCA

CONWAY — Lu Hardin is resigning as president of the University of Central Arkansas effective Sept. 16 after an executive session with the Board of Trustees Thursday.

Tom Courtway, the university’s general counsel and director of governmental relations, will serve as interim president.

Hardin will be given a paid sabbatical until the end of the university’s fiscal year June 30 for health reasons and receive his public and private salary. On July 1, 2009 he will be paid his public salary either per month according to the terms of his contract or be given a lump-sum payment for the next three fiscal years totaling $670,162.35.

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