Former Mount Anthony principal to continue to receive salary, benefits
Cresto and the MAU Board agreed to a mutual separation earlier this month. Cresto had one year remaining on her contract, and had already stated publicly her intent to move on to another opportunity at the conclusion of this current school year. The Banner received a copy of the agreement from the Southwest Vermont Supervisory Union Human Resources Department.
When Cresto was hired in 2015, her salary was listed as $103,868.38. In addition to her salary, Cresto will also continue to receive health and dental benefits, unless she becomes otherwise employed during the 2017-2018 school year, at which point it will be the responsibility of her new employer to provide those benefits.
The separation agreement required Cresto to submit an irrevocable letter of resignation on Aug. 16, the day the agreement was signed. Cresto also signed a general release and covenant not to sue. Both parties also agreed, "not to make any statements, written or verbal, or cause or encourage others to make any statements, written or verbal, that defame, disparage or in any way criticize the personal or professional reputation, practices, or conduct of the Employee or Employer, its employees, students, and/or Board Members."
The terms of this agreement are similar to those the SVSU has agreed to with administrators in the past. When the board asked former finance department head Rick Pembroke to resign from his position in March of 2016, he was paid $ $90,546.56, which represented his salary through September of that year. He also retained his insurance for the same time period.
SVSU Curriculum Development Director Laura Boudreau is currently the acting principal of the high school, which will see students return next week, and will continue in both that role and her role as curriculum development director until the point that an interim principal can be hired.
Reach staff writer Derek Carson at 802-447-7567, ext. 122 or @DerekCarsonBB
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