Following the BOR meeting on 6/10, I received a number of inquiries regarding the change to the President's compensation. Confidentiality rules prohibit me from reporting on any discussions during closed session, but I can provide some facts from the open session of the meeting:
1. The President will not be receiving a raise or a bonus for 2010-11.
2. The Board voted to change the President's compensation package by adding $25,000 to the President's retirement annuity for each year that he remains in the position beyond the age of 62. MSU will continue to hold the principal (as it does with his current annuity), and Dr. Andrews will only receive the interest from from this annuity after his retirement.
3. I voted against this motion, stating in the open meeting that I do not believe it appropriate to increase the President's compensation package given the current fiscal situation of the University.
I wanted you to know the facts. Other than stating these simple facts, I do not have any comments to offer, since I prefer to let my public statement and vote express my opinion.
Ron
Saturday, June 12, 2010
Wednesday, June 9, 2010
BOR Meeting on Thursday, 10 June
The full agenda for the 10 June BOR meeting is online and is mostly routine for this time of year. We will of course approve the operating budget and personnel roster for next year, but there is nothing terribly noteworthy in those documents except for the fact that we continue to struggle to do the best we can given the current funding situation.
For faculty, perhaps the most interesting topic will be the BOR's response to the revised Faculty Senate Constitution. A subcommittee of the Board and representatives from the Faculty Senate met a couple of weeks ago to discuss the document and to try to work out some compromises. It is too early to tell exactly what the Board will do with the Constitution, but it is possible that the Board will approve the document contingent upon some revisions. If this is the case, the revised document would be returned to the Senate and would have to be approved by that body and by the full faculty. More on this subject as it develops.
The Board will also approve the new strategic plan for the institution and will discuss the President's contract.
Ron
For faculty, perhaps the most interesting topic will be the BOR's response to the revised Faculty Senate Constitution. A subcommittee of the Board and representatives from the Faculty Senate met a couple of weeks ago to discuss the document and to try to work out some compromises. It is too early to tell exactly what the Board will do with the Constitution, but it is possible that the Board will approve the document contingent upon some revisions. If this is the case, the revised document would be returned to the Senate and would have to be approved by that body and by the full faculty. More on this subject as it develops.
The Board will also approve the new strategic plan for the institution and will discuss the President's contract.
Ron
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