Did IDEA Public Schools CEO and Co-Founder Tom Torkelson’s big-spending, high-end corporate jet-flying ways finally catch up with him, or was it simply his time to walk away from the charter-school empire he helped found 20 years ago?
No matter the reason for the split, Torkelson is walking away from the charter operator with one of the sweetest severance packages paid to superintendents in recent years. A whopping $900k, presumably courtesy of Texas taxpayers and big-time philanthropists, which fund a big chunk of IDEA’s annual budget, will now be paid to Torkelson. He got $400,000 within 10 business days of signing ...