SYRACUSE, NY -- Former Texas Tech Chancellor David R. Smith, MD, resigned last week as President of Upstate Medical University. According to syracuse.com – the website of the Post-Standard – Dr. Smith was accused of padding his salary by accepting money from outside companies without permission from State University of New York.
Syracuse.com reported that Upstate Medical University paid Smith $363,537 in 2012 – plus a monthly housing allowance and car allowance. The website said Smith also earned $268,923 last year from the SUNY Research Foundation.
But in addition to those sums of money Dr. Smith was accused of accepting deferred compensation from private companies. Smith was placed on paid leave prior to resigning.
Another New York newspaper reported on its blog that Dr. Smith was a finalist to become President of Penn State University but recent developments “ruined” his chances.
Smith was Texas Tech University System Chancellor from 2002 to early 2006. Before that he was President of the Texas Tech Health Sciences Center. He left Texas Tech to become President of Upstate Medical University.