Joe Zerbey, president and general manager for The Blade and the chairman of the University of Toledo Board of Trustees, in an article in the newspaper has denied that UT President Lloyd Jacobs was asked to leave. This is the latest chapter in what are the bizarre occurrences of the UT Board and its administration.
1) Jacobs, who reveled in his power at UT, just decides that he's going to accept an unpaid fellowship at the Council on Competitiveness. (As an aside, the CEO of that Council was the UT commencement speaker in May.) In the meantime, Jacobs refuses to talk to the media about this decision. Doesn't seem like the type of reaction you would get from someone who is voluntarily leaving.
2) If this was just a matter of Jacobs bowing out early from his contract, why was a new 13-page agreement needed to define the terms of his departure? Along with the more than $1 million severance package, the contract includes a stipulation that the Board won't speak negatively of Jacobs--and vice versa. The implication is that there is a fear on one or both of the parties' parts that this would be likely to happen. What "goods" do they have on each other--and as a public institution, shouldn't we be allowed to know?