The Burnaby school district won’t have to pay all their former superintendent’s salary and benefits for 18 months now that he’s got a new job.
Kevin Kaardal, the district’s CEO for two years, stepped down suddenly at the end of January.
According to his settlement agreement, he will use up vacation and gratuity days while collecting full salary, benefits and a $9,151 car allowance until July 17, at which time he will be formally terminated “without cause” by the board.
From then until Jan. 17, 2017, he was to collect full salary and benefits unless he got a public sector job in B.C.
It looks like he has done just that.
On June 19, the Central Okanagan school district announced Kaardal will replace its outgoing superintendent Hugh Gloster, who plans to retire in December.
Kaardal’s start date has yet to be determined.
Whether the Burnaby school district will still be on the hook for any of its former CEO’s salary when he starts, depends on the pay he gets from his new employer.
If he gets the same or more than he did in Burnaby, his severance would stop immediately, according to his settlement agreement. If he gets paid less, School District No. 41 will top him up until Jan. 17, 2017.
The latter is more likely, since the most recent executive compensation reports, for 2013/14, show Kaardal, in his first full year as CEO, making $215,702 in salary and benefits, while Gloster, in his fifth year as superintendent, made $196,749.
