Western New Mexico University President Resigns Amid Audit Controversy

SILVER CITY, N.M. — The president of Western New Mexico University, Joseph Shepard, has resigned amidst investigations regarding improper use of public funds. This resignation was announced on Friday, as part of a deal that provides him with a new position and compensation totaling $1.9 million.

Details of the Resignation

Shepard's resignation follows an audit by the New Mexico state auditor’s office, which indicated that key university officials had not fulfilled their fiduciary duties. The audit, released last month, identified over $363,000 in spending that deviated from university regulations.

According to reports, Shepard’s last working day will be January 15. The financial settlement he secured represents what he would have earned as president over five years.

New Role and Financial Gains

In addition to the financial payout, Shepard will assume a teaching position in the business school at the university, which has a salary of at least $200,000 per year. The university’s board of regents approved this transition in a unanimous vote. During the meeting, Shepard stated that the allegations against him were untrue, remarking, “A lie gets halfway around the world before the truth gets its boots on.”

Background and Controversies

In previous years, Shepard faced scrutiny regarding his expenditures, particularly concerning lavish international travel and the use of university resources by his wife. Despite growing concerns, university regents had continued to support him.

Officials from the university released a statement asserting that they observe strict fiscal standards intended to maximize benefits for students, faculty, and the community.

Western New Mexico University boasts a history dating back to the 1890s, prior to statehood. Shepard has led the institution since 2011 after a 16-year tenure at Florida Gulf State University, where he held several administrative roles. His wife, Valerie Plame, is known for her past service as a CIA operations officer and for her unsuccessful bid for a congressional seat in New Mexico's 3rd District during the 2020 Democratic primary.

resignation, audit, funds