College president gets triple severance

11:59 AM, Jan 9, 2013   |    comments
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Attorney Tim Whitsitt says Jensen would have been entitled to about $150,000 on the day he resigned, plus coverage of medical insurance premiums for nine months. 

According to the Glenwood Springs Post Independent, Jensen received $500,000 as part of a mostly secret separation agreement Jensen was earning $198,800 per year when he resigned, along with a package of perks and benefits worth more than $72,000 a year. 

Jensen could not be located on Wednesday for comment. 

(Copyright 2013 by The Associated Press. All Rights Reserved.)

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