APIndiana News

Purdue University board to vote on president’s incentive pay

(Source: https://goo.gl/ARovFc License: https://goo.gl/OOAQfn)

WEST LAFAYETTE, Ind. (AP): Purdue University officials are set to determine whether its president, former Indiana governor Mitch Daniels, has earned a possible $210,000 in incentive pay.

The Lafayette Journal & Courier reports the university’s board of trustees is scheduled to vote on his incentive pay Friday. They’ll determine whether he hit targets for a number of metrics in four categories, including student affordability, student success, fundraising and the university’s reputation and excellence.

Daniels is guaranteed $420,000 for his base salary. His total salary could reach $630,000 if he receives all of the at-risk pay.

He’ll also receive an additional $100,000 the trustees pledges to give him last year if he stayed until June 30, 2016.

Daniels received 90 percent of the $126,000 of possible at-risk pay in the 2014-2015 academic year.

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