WEST LAFAYETTE, Ind. (AP) – Purdue University is giving school President Mitch Daniels nearly $111,000 of incentive pay.
The Purdue trustees' compensation committee voted Wednesday to give Daniels almost 90 percent of the incentive money allowed in his contract.
The Journal & Courier reports committee chairman Mike Berghoff said Daniels came closest to meeting goals of increasing graduation rates and reducing student debt. Berghoff says the one area where Daniels fell short was fundraising.
Daniels has a $420,000 annual base salary since becoming Purdue's president in January 2013, after his second term as Indiana governor ended.
The incentive pay vote came as Daniels was traveling to India for a university trip.
