The former principal of Derby High School was arrested Tuesday on larceny charges after stealing more than $13,000 from the bank account of the principals' union, according to the police department.
Gregory Gaillard resigned in December, citing "personal reasons." Police said later that week, the Derby Administrators Association contacted them to report $13,200 was missing from the union bank account.
Prior to his resignation, Gaillard served as association president and financial manager, police said.
Although the timing of Gaillard's resignation coincides with the discovery of the missing money, Derby police said they believe the larceny allegations are not related to his decision to resign.
Gaillard has been charged with second-degree larceny.
