Executive Compensation

 

Given current budgetary constraints, we should now consider ways to fund the salaries of our executives and attract & retain qualified personnel without raising student tuition.

 

802.6 Salaries; Presidents

 

Board Policy:

No president or chancellor of a campus of the Montana University System shall accept compensation receivable by virtue of his service as president or chancellor from any source other than the campus which he serves, unless the Board gives specific prior approval for the compensation. “Compensation receivable by virtue of his service as president or chancellor” includes, but is not limited to, all personal benefits or compensation received from any entity organized, in whole or in part, to further one or more interests of the campus of the university system. Such entities include, but are not limited to, endowment foundations, research institutes, alumni associations, and booster clubs.

 

As approved

January 16-17, 2003