AG Torrez has expressed concern over the buyout of Western New Mexico University President, Dr. Joseph Shepard. The buyout agreement, which was approved by the university’s Board of Regents, has sparked controversy as it allows Dr. Shepard to receive a lump sum payment of $350,000 in addition to his salary and benefits for the remainder of his contract.
Attorney General Hector Balderas has raised questions about the legality of the buyout, stating that it may violate the state’s Anti-Donation Clause, which prohibits public funds from being used to benefit private individuals. He has called for a full review of the buyout agreement to ensure that it complies with state laws and regulations.
Dr. Shepard’s tenure at WNMU has been marked by controversy and allegations of misconduct, including alleged mishandling of university funds and personnel matters. The buyout agreement has only added to the scrutiny of his leadership and has led to calls for greater transparency and accountability in the administration of WNMU.
The AG’s concerns over the buyout have raised questions about the decision-making process of the university’s Board of Regents and the use of public funds at WNMU. It remains to be seen how this issue will be resolved and what implications it may have for the university’s leadership moving forward.
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