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£270,000 "golden goodbye".

£270,000 "golden goodbye".

A disgraced vice-Chancellor who resigned amid an inquiry about his conduct was awarded a £270,000 “golden goodbye” it has emerged, as the regulator finds “systematic” failings at De Montfort University.

Prof Dominic Shellard, a former Labour councillor, resigned in February with immediate effect during a watchdog investigation into governance and “a number of regulatory matters”.

His salary rose from £286,000 in 2016-17 to £350,000 in 2017-18, when De Montfort University was ranked 82nd in the country by the Complete University Guide.  

Prof Shellard, who had led the university since 2010, enjoyed membership of The Club at The Ivy in Covent Garden as part of his package - a privilege which has been rescinded by his successor.

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