Indiana News

Mitch Daniels gets $200,000 in incentive pay from Purdue

(AP Photo/Michael Conroy)

WEST LAFAYETTE, Ind. (AP): Purdue University has decided its president, former Indiana governor Mitch Daniels, has earned more than $200,000 in incentive pay.

The school’s board of trustees on Friday voted to give Daniels 96 percent of a pool of $210,000 in incentive pay available, meaning he’ll get $201,600. Trustees lauded Daniels for increased graduation rates, large enrollment totals and record-setting fundraising. The money is for the fiscal year that ended June 30.

Daniels is guaranteed $420,000 for his base salary. Daniels received 90 percent of the $126,000 of possible at-risk pay in the 2014-2015 academic year. Trustees extended his contract through 2020 a year ago. If he stays through the full term of his contract he’ll receive a $100,000 retention incentive.

Daniels was graded on student affordability, student success, fundraising and Purdue’s reputation.

Related posts

Testimony underway in first day of trial against driver in fatal school bus stop crash

Heather Starr

Mayor Tom Henry, FWPD and FWPD recap 2018, announce 2019 plans

Brooklyne Beatty

Kokomo Declares State of Emergency after Storm Hit

Kayla Blakeslee

Leave a Comment