$100K bonus approved for University of Illinois president
CHICAGO (AP) — The University of Illinois board has approved a $100,000 bonus to system President Tim Killeen for the third straight year.
Board of Trustees members voted during Thursday’s meeting in Chicago to award the performance bonus to Killeen. The university says that bonus gives Killeen a total compensation of $700,000 for this year, the same as last year.
The (Champaign) News-Gazette reports the bonus is based on goals tied to the university’s strategic plan, including teaching innovation, public outreach, innovation, economic development, affordability and financial health. A summary of the board’s evaluation said trustees were “extremely pleased” with initiatives such as the Discovery Partners Institute, the UI Chicago John Marshall Law School and the Carle Illinois College of Medicine.
Killeen became the university’s president in 2015.
Information from: The News-Gazette, http://www.news-gazette.com