My name Mike Sanderson. I entered New College in 1999. I’m speaking on Richard Corcoran’s bonus. My full comment and supporting documents are at Mike Sand dot com.

As some of you know, in 2025 I went to all the Board of Governors meetings. They are laughing at Corcoran at Corcoran’s the BOG, they have the real metrics and know his failure. Fewer freshmen than in Fall 2022.

That Corcoran’s getting tens of millions more from the state makes it worse. I have the raw budget data from the BOG. There are obvious falsehoods and massive discrepancies, including in funds for the general counsel’s office.

The athletics program is illegally funded with E&G. At the Audit committee last week, Tzmouas didn’t tell you he put false information in an email copied to the BOG inspector general, which I noted immediately. Mike sand dot com links to the proof.

I am formally submitting this, and if you don’t get an independent opinion on Tzmouas, the budget and athletics spending, it’s hard to see how you avoid charges of conscious indifference, willful and wanton disregard for property. thank you.