Current:Home > FinanceWest Virginia University President E. Gordon Gee given contract extension -FundPrime
West Virginia University President E. Gordon Gee given contract extension
View
Date:2025-04-16 12:02:36
CHARLESTON, W.Va. (AP) — The West Virginia University Board of Governors gave President E. Gordon Gee a one-year contract extension Monday amid a budget shortfall, falling enrollment and plans to cut some academic offerings.
Gee, 79, was given an extension through June 2025 during the board’s special meeting in Morgantown. His contract was set to expire next year.
Gee thanked the board after the vote was announced, acknowledged the ongoing challenges and said the intent is to have “a process that is clear, that is visible to everyone” about improving the university.
The move comes as the university is evaluating nearly half of its academic programs and addresses an estimated $45 million budget deficit.
In June, the Board of Governors approved an estimated $1.2 billion budget for fiscal year 2024 that includes $7 million in staff cuts, or around 132 positions, including 38 faculty members. The board moved forward with slashing 12 graduate and doctorate programs and approved a tuition increase of just under 3%.
Gee and other top university officials have said the budget shortfall is largely a result of enrollment declines. The student population has decreased 10% since 2015. Gee also has cited the factors of inflation stress and increases to premiums the school is required to pay for the state’s government employees’ health insurance program.
In 2019, Gee was given a three-year contract extension through 2024 at a salary of $800,000 per year. At the time, board Chairman William Wilmoth said Gee was “one of, if not the top, university leader in the country.”
When the COVID-19 pandemic started a year later, the university issued $40 million in debt to deal with it. WVU also took on an additional $10 million in debt to pay for the increased employee insurance costs.
Gee is in his second stint at West Virginia that began in 2014. He also was the school’s president from 1981 to 1985. Gee also served two stints as president at Ohio State and had similar roles at Vanderbilt University, Brown University and the University of Colorado.
veryGood! (569)
Related
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- Stock market today: Asian shares follow Wall Street gains, Hong Kong stocks near 15-month low
- Taylor Swift cheers on Travis Kelce as the Kansas City Chiefs again take on Buffalo Bills
- USPS stamp prices going up: Forever first-class stamps will cost 68 cents starting Jan. 21
- 'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
- Horoscopes Today, January 20, 2024
- Rory McIlroy makes DP World Tour history with fourth Hero Dubai Desert Classic win
- Nikki Haley goes on offense against Trump days before New Hampshire primary
- Former Syrian official arrested in California who oversaw prison charged with torture
- Colorado newspaper copies stolen from stands on same day a rape report is released
Ranking
- A South Texas lawmaker’s 15
- Stanford's Tara VanDerveer: Timeline of success for all-time winningest college basketball coach
- Second tropical cyclone in 2 months expected to hit northern Australia coast
- Trump may testify in sex abuse defamation trial, but the court has limited what he can say
- Former longtime South Carolina congressman John Spratt dies at 82
- Justin Timberlake debuts new song 'Selfish' at free hometown concert, teases 2024 album
- Second tropical cyclone in 2 months expected to hit northern Australia coast
- Albom: Detroit Lions' playoff run becomes center stage for dueling QB revenge tour
Recommendation
2 killed, 3 injured in shooting at makeshift club in Houston
Ohio State adds 2024 5-star quarterback Julian Sayin through transfer portal from Alabama
Guinea soccer team appeals to fans to ‘celebrate carefully’ following supporter deaths
Milan keeper Maignan wants stronger action after racist abuse. FIFA president eyes tougher sanctions
The Daily Money: Spending more on holiday travel?
Military ends rescue search for Navy SEALs lost in maritime raid on ship with Iranian weapons
Adrián Beltré is a Hall of Fame lock. How close to unanimous will it be?
Caitlin Clark collides with court-storming fan after Iowa's loss to Ohio State