TULSA, Okla., November 14, 2008 Oral Roberts University (ORU) today announced the finalization of the Separation Agreement with its former President, Dr. Richard L. Roberts. Based upon information and advice from an independent compensation consultant, ORU has agreed to pay Roberts his $223,600 annual salary for the remaining term of his appointment through November 2009. These payments will be off-set against the fair market rental value of ORU property occupied by ... read more
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