The Board that oversees the three state-supported universities announced the results of their annual reviews of the three presidents of the schools today. Regents president David Miles says they will hold the lines on salaries. Miles says the board will make no changes in salaries and he says as they announced in April, all those who were eligible for salary incentives, have forgone those incentives.
Miles says the leaders of Iowa State, the University of Iowa, and University of Northern Iowa all recieved very favorable reviews.
Miles praised them for “their leadership in what is a difficult financial circumstance in forgoing any kind of increase in compensation in the coming year.” He says it sets an important tone and example and their sacrifice needs to be acknowledged. Miles says the lack of salary increase in no way reflects on the job they are doing.
The presidents could still be eligible for performance bonuses in the next year, even though they did not get a raise.