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Month after damning story published, IDEA co-founder Torkelson resigns Does CEO have a Golden Parachute?

Did IDEA Public Schools CEO and Co-Founder Tom Torkelson’s big-spending, high-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? The Advance News Journal submitted a public information request earlier this week, asking for any and all information about the board’s long meeting last Friday (April 17), which reportedly lasted approximately six hours via teleconferencing, and ended up with a “CEO Transition Agreement” between Torkelson and IDEA. Board President Al Lopez sent an email to IDEA’s staff late Friday letting them know that Torkelson had resigned ...

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