Dundee University principals paid £290k after quitting despite financial crisis

Dundee University has been hit with a financial and governance crisis (Image: Dundee University)

TWO former principals at a crisis-hit university received payments totalling more than £290,000 after leaving their posts, despite a financial and governance crisis plunging the institution into turmoil.

The University of Dundee’s long-delayed 2023-24 financial statements show former principal and vice-chancellor Professor Iain Gillespie received more than £152,000 after he stopped working at the institution in December 2024.