In a controversial turn of events, Joseph Shepard, the outgoing president of Western New Mexico University (WNMU), has secured a substantial severance package following allegations of financial misconduct. The agreement, unanimously approved by the university’s Board of Regents on December 20, grants Shepard a lump-sum payment of $1.9 million and a tenured teaching position paying $200,000 annually for at least five years. This deal comes after an audit revealed significant violations in travel and credit card expenditures, raising concerns about the misuse of public funds.

Details of the Controversial Agreement

In the heart of the controversy lies the discovery of numerous policy breaches. According to a report by New Mexico State Auditor Joseph M. Maestas, released in November, WNMU spent over $214,000 on non-compliant domestic and international travel expenses and approximately $150,000 on improper credit card charges. One glaring example was a $25,500 expenditure for six staff members to attend training at a luxury resort in Palm Springs, California, despite the availability of online alternatives. Additionally, Shepard's personal purchases, including high-end furniture for his campus residence, were made using university funds.

The audit also highlighted trips unrelated to official university business, such as visits associated with the Finca Vigia Foundation and conferences where Shepard’s spouse, Valerie Plame, participated as a guest speaker. Despite these findings, the Board of Regents swiftly approved Shepard's severance package without public disclosure of the financial details, leading to widespread criticism from faculty and state officials.

Stephanie Rodriguez, New Mexico’s secretary of higher education, expressed deep concern over the mismanagement of taxpayer funds, emphasizing the need for further examination and accountability. Meanwhile, the WNMU Faculty Senate is considering a vote of no confidence in the Board of Regents, calling for their resignation and urging state officials to intervene to halt the severance agreement.

Reflections on the Incident

This case serves as a stark reminder of the importance of transparency and accountability in public institutions. The generous severance package awarded to Shepard, despite allegations of financial misconduct, raises questions about the priorities and decision-making processes within the university's leadership. It underscores the need for robust internal controls and stringent oversight to prevent the misuse of public resources. As this situation unfolds, it is crucial for stakeholders to advocate for reforms that ensure the integrity and responsible stewardship of educational institutions.