Thu May 9, 2013
Iowa Public Radio Board Reaches Settlement with Former CEO
The Board of Directors of Iowa Public Radio has reached a financial settlement with former Chief Executive Officer Mary Grace Herrington.
Herrington was fired from the top job at Iowa Public Radio in late February.
According to the agreement signed by Herrington and Board Chair Kay Runge, the board will make two payments totaling 197-thousand dollars to Herrington.
The settlement says the money is for “emotional distress and other compensatory damages, and attorneys’ fees and expenses.”
In exchange, Herrington agrees to “release all claims against IPR.”
Iowa Public Radio will soon launch a nationwide search for her replacement.