Key pieces of the Hershey Trust, Pa. attorney general agreement

HARRISBURG PATRIOT NEWS Column: After reviewing allegations made by a former board member in a civil suit in 2011, the Attorney General’s office did not find evidence that trustees had breached their fiduciary duty to the Milton Hershey School…

The base salary for trustees will be reduced to $30,000 annually, down from $95,000 in 2010. In the past, compensation for board members was set following an tri-annual review by an outside consultant. Under the new agreement, the reviews will be conducted bi-annually. However, the attorney general’s office will be involved in selecting the consultant…

Moving forward, when electing a new member to the board of trustees, the board will seek to elect members who have education, training or experience in education, working with at-risk youth, financial and business management and real estate management… (more)

EDITOR: Looks like recently elected attorney general Kathleen Kane has removed a feeding trough for retired high Pennsylvania officials of both parties.

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