U. of Illinois gives president $90K bonus, pay raise - FOX13 News, WHBQ FOX 13

U. of Illinois gives president $90K bonus, pay raise

Posted: Updated:
URBANA, Ill. (Associated Press) -

The University of Illinois giving President Bob Easter a $90,000 bonus and a pay raise.

University trustees approved the bonus and raise for Easter at their regular board meeting Thursday in Urbana.

The bonus is part of a new incentive-based compensation plan for Easter. The bonus was based on the three-campus university system reaching set goals for cost reduction, enrollment and other factors under Easter.

Easter's base pay will increase 2.75% to $462,375. Most university employees are getting 2.75% raises.

Trustees Chairman Christopher Kennedy said the board is pleased with Easter.

Easter became president in 2012. His predecessor, Michael Hogan, was paid $651,000 a year.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Follow Us!

Share Your Photos & Video

Powered by WorldNow

WHBQ-TV | Fox 13
485 S. Highland St.
Memphis, TN 38111

Main Station: (901) 320-1313
Newsroom: (901) 320-1340

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices