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MassFiscal Calls for Investigation Into Former Bridgewater State President

Sunday, March 13, 2016

 

Dana Mohler-Faria. PHOTO: Bridgewater State website

Paul Craney, executive director of Massachusetts Fiscal Alliance called on State Auditor Suzanne Bump to investigate the extraordinary sick and vacation time payout and post retirement consulting agreement of former Bridgewater State University president Dana Mohler-Faria. 

Read a Copy of the Letter Here 

“The deal Mohler-Faria struck insults the hardworking taxpayers of Massachusetts. We owe a huge thanks to the Boston Business Journal for bringing the facts out into the light of day, and Suzanne Bump owes the people an explanation," said Craney.

According to published reports, Faria traveled to numerous exotic locations on the public dollar and used a university credit card to engage in activities like snorkeling, guided tours, and dinners in excess of $500. Faria also took a significant amount of vacation and sick time during the period when he was the final authority on recording his use of those benefits. 

Faria retired in June of 2015 and reports show that in the years leading up to his retirement, Faria acquired over $1 million in vacation and sick time. Faria was paid a lump sum of $269,984, in addition to a $183,421 annual state pension as well as the $8,333 per month fee he receives as an advisor to the school. 

MassFiscal 

Massachusetts Fiscal Alliance advocates for fiscal responsibility, transparency, and accountability in state government and increased economic opportunity for the people of our Commonwealth. 

Click here for more information

 

Related Slideshow: Economist Ranks the Best and Worst MA Colleges

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Ranking: 1259

Expected Earnings: $52,220

Median Earnings: $44,100

Difference: $-8,120

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Becker College

Ranking: 1231

Expected Earnings: $42,006

Median Earnings: $35,800

Difference: $-6,206

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Worcester State

Ranking: 798

Expected Earnings: $44,847

Median Earnings: $43,700

Difference: $-1,147

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Assumption

Ranking: 421

Expected Earnings: $51,525

Median Earnings: $52,800

Difference: $1,275

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Worcester Polytechnic Institute

Ranking: 143

Expected Earnings: $73,440

Median Earnings: $77,600

Difference: $4,160

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Holy Cross

Ranking: 36

Expected Earnings: $56,353

Median Earnings: $63,700

Difference: $7,347

 
 

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