University of Central Florida President Steven Altman submitted his resignation Monday to Chancellor Charles Reed after working out an agreement that keeps him on the state payroll through November. Altman, who also resigned his faculty position at the school, was drawn into a criminal investigation of an escort service that police said operated as a prostitution ring last year. None of the customers or escorts were charged, but the owners of the service were jailed for promoting prostitution and other crimes.
After records of the investigation were made public last week, Altman claimed to have used the service only for massage to relieve stress. He decided to resign after the Orlando Sentinel reported that he also had called escort services in four other cities while on university business.
Altman, 45, will continue to be paid his annual salary of $128,563 until his termination takes effect Nov. 30. He will receive $3,750 housing assistance through September, but will have to turn over his Lincoln Town Coupe.