Last day on the job at Colorado will be July 1.
12:23 pm, May 19, 2021
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File photo of former UND President Mark Kennedy. Photo by Eric Hylden/Grand Forks HeraldEric Hylden/Grand Forks Herald
Former UND President Mark Kennedy will be leaving the University of Colorado system on July 1, with a $1.3 million payout in hand.
The University of Colorado Board of Regents voted 8-1 on Wednesday, May 19, to pay out Kennedy’s contract. They also voted 6-3 against allowing Kennedy to serve out the rest of his contract.
Kennedy's total payout will be $1.35 million. He was set to make $850,000 in the final year of his three-year contract; the additional dollars include unused vacation time and other money.