University of California, Davis (UC-Davis), chancellor Linda Katehi has finally resigned her post, after a rocky tenure that included wasting thousands on shady PR campaigns, spending lavishly on “work-related” travel, and taking paid positions on corporate boards without permission. In return for finally leaving, Katehi is being rewarded with what amounts to a year-long, taxpayer-funded $420,000 vacation.

Katehi’s departure from UC-Davis has been coming for months. Katehi was suspended back in April after being hit by a wave of scandals related to her operation of the school. Most notably, Katehi was under fire for paying a public relations firm $175,000 to scrub the Internet of references to a 2011 incident in which a UC-Davis police officer pepper-sprayed student protesters. Katehi was also faulted for spending three years on the corporate board of textbook maker Wiley and Sons, and trying to take a similar position with DeVry Education Group without getting permission.

More recently, it was revealed that Katehi had spent $175,000 of university money traveling around the world, with many of the expenses having a dubious at best connection to school interests.

On Tuesday, shortly before the release of a hundred-page investigative report regarding her conduct, Katehi announced that she would resign as the head of UC-Davis. But she isn’t going cheaply.

According to the Los Angeles Times, under the terms of her departure, Katehi will spend a whole year on administrative leave as the school’s “chancellor emeritus,” for which she will receive her entire $424,360 salary. At the end of her year-long leave, Katehi will be guaranteed a tenured faculty post in UC-Davis’ electrical engineering department, along with an interdisciplinary position with the women’s and gender studies department. The school agreed not to pursue any misconduct charges against Katehi, which could have endanger Katehi’s tenure status.

In return for what amounts to a six-figure yearlong vacation along with a guaranteed taxpayer-funded job for life, Katehi agreed not to sue the UC system over her departure.

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