Tuesday, October 18, 2016
ALBANY – The State University professor swept up in the latest Albany corruption scandal was paid at least $12 million over the last nine years, according to public records.
SUNY Polytechnic’s Alain Kaloyeros earned more $877,000 in salary last year and benefited from a deal that gave him bonuses for securing grants to the SUNY Research Foundation.
He now faces bid-rigging charges in two separate cases brought by the feds and by state Attorney General Eric Schneiderman.
Kaloyeros, known publicly as “Dr. Nano” for his technology skills, announced last week that he was resigning from his position as president and CEO of SUNY Polytechnic Institute.
But he said he would retain his job as a tenured professor in the state university system.
When he was promoted, the state agreed to allow him to return to the teaching post if he quit his job as head of public-private technology ventures at SUNY.
Kaloyeros was already on paid leave when he announced the resignation and sources said “he saw the writing on the wall” and knew the state would move to dismiss him if he did not step down.
He’s relying on his union, its contract, and his tenure, as well as the agreement that allows him to return to being a professor of nanoscale science and engineering, to stay on the SUNY payroll.
It’s unclear how much money he would receive and he what, if any, classes he would teach.
“We are evaluating his request to return,” SUNY Spokeswoman Holly Liapis said. “At this time, pay has not been addressed.”
Kaloyeros’ wife Paula Kaloyeros earns about $130,000 a year from an administrative job with SUNY, records show.