Current:Home > reviewsWest Virginia University President E. Gordon Gee given contract extension -Trailblazer Wealth Guides
West Virginia University President E. Gordon Gee given contract extension
View
Date:2025-04-18 08:07:20
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! (4488)
Related
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- An electric car-centric world ponders the future of the gas station
- Rail cars carrying hazardous material derail and catch fire in North Dakota
- Hiring in the U.S. slowed in June, raising hopes for interest rate cuts
- South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
- What to watch: All hail the summer movies of '84!
- How to talk to your kids about climate anxiety, according to an environmental educator
- Ronaldo comforts disconsolate Pepe as Portugal’s veterans make cruel exit at Euro 2024
- Sonya Massey's father decries possible release of former deputy charged with her death
- LSU offers local freshmen $3,000 to live at home this semester
Ranking
- 2 killed, 3 injured in shooting at makeshift club in Houston
- How to boil hot dogs: Here's how long it should take
- How a 'hungry' Mia Goth revamped the horror final girl in 'MaXXXine'
- WWE Money in the Bank 2024: Time, how to watch, match card and more
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- Kevin Bacon recalls wearing a disguise in public: 'This sucks'
- National Fried Chicken Day is Saturday: Here's where to find food deals and discounts
- 'Dangerous' heat wave settles over California and Oregon, expected to last days
Recommendation
As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
Proof Julia Roberts and Danny Moder Are Closer Than Ever After 22 Years of Marriage
See Brittany and Patrick Mahomes Ace Wimbledon Style
WWE Money in the Bank 2024: Time, how to watch, match card and more
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
LSU offers local freshmen $3,000 to live at home this semester
You can get a car with a bad credit score, but it could cost $10,000 more
Multiple injuries reported after July 4 fireworks malfunction in Utah stadium, news report says