There is NO way he didn't receive a pay off. But yes, it was a dignified end. He realised half a season in that he was shit at his job and I think it's safe to assume a settlement was negotiated.
Enough of the sanctimony. I'm not paid half a bar a year to do a job whose product the public pay to watch.
Semi was a useless tosser with no charisma and you only have to look at results to see that. He also probably cost David Burke his job, which is admittedly no loss to the rest of us...