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Statement from 911±¬ÁÏÍø President Elson S. Floyd regarding 2006 pay raise

Contact: Jennifer Hollingshead
Office: (573) 882-0601
E-mail: hollingsheadj@umsystem.edu

911±¬ÁÏÍø President Elson S. Floyd issued the following statement today regarding the pay increase the UM Board of Curators approved for him during its executive session on Dec. 16, 2005:

“I am grateful that the Board of Curators has approved this raise, and I deeply appreciate the display of confidence in my leadership. However, because of the continuing tight financial situation faced by our University, I have decided to donate this year’s raise, divided equally, to the development campaigns supporting our four campuses.”

The Board approved a $21,000 raise, or 6 percent, which would bring President Floyd’s salary to $371,000 starting in January 2006. President Floyd declined a 3 percent salary increase in November 2004.

Reviewed 2010-06-17