THE FORMER vice-chancellor of Aberystwyth University was given a golden handshake of over £100,000 when she left her post last year, the Cambrian News can reveal.
In her final year in the post since joining from Edinburgh University in 2011, Prof April McMahon received a £13,000 pay rise, and was given a pay-off of £102,489 on leaving the job.
Prof McMahon, who oversaw five years of tumbling league table performances, dwindling student numbers, and allegations of staff morale being at “rock-bottom” faced continual calls for her resignation, including several petitions, before deciding to leave her post in June at the end of her five-year contract.
At the same time as student numbers and applications to study at Aberystwyth fell, with the university warning of a “difficult financial situation”, Prof McMahon was again handed a pay rise, with her base salary jumping from £151,000 in 2014/15 to £153,000 in 2015/16 plus £31,000 in ‘bonuses’ - £11,000 higher than the ‘bonus’ of £20,000 she received the previous year.
Aberystwyth University would not say why Prof McMahon received the pay-off, but said such a handout is “not uncommon”.
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