to pay its former president Richard Roberts an annual salary of
$223,600 though November 2009.
Roberts had paid ORU $23,179 for personal and travel expenses not
previously billed to or paid by Roberts. The agreement noted payment
included interest because expenses were reportedly incurred prior to
selected called Roberts’ compensation “reasonable” and “consistent with
down in November 2007 amid allegations that he and his wife, Lindsay,
misspent school funds to finance a lavish lifestyle. They have both
by reducing his severance pay against the fair market rental value of
housing the Roberts family stayed in prior to moving off campus.
instituted a new shared-governance system along with a board of
trustees, businessman Mart Green has brought “dramatic, sweeping,
campus-wide renovations,” school officials said in a statement.
school appreciates the years Roberts invested and “the mission and
spiritual heritage” his father, Oral, established. “We move forward
with a heightened sense of duty and responsibility to the fruit of this
great university—its students and alumni.” —Paul Steven Ghiringhelli