Nevada higher education regents* have approved an early retirement deal for Chancellor Dan Klaich after he said his role in developing a college funding formula has become a distraction.
“The public hearing today, and particularly the kind comments by all of you, allow me to leave proud, with my head high, knowing that I have accomplished something that is appreciated, and for that I am profoundly grateful,” Klaich said before the vote.
Regents praised Klaich and approved a deal to let him leave in June but take pay, roughly $300,000, through his contract's expiration.