Wayne State to pay Kimberly Espy $760,499 in severance

Former Wayne State University President Kimberly Espy will recieve $760,499 and two years of health care coverage for herself and her husband as part of separation agreement with the school.

The deal requires her to vacate the president's residence by the end of this month and relinquish her right to remain with the school as a faculty member in the Department of Psychiatry. Her husband, who is senior attorney and director at the school, also is to resign as part of the deal. He'll receive any accrued wages and sick time.