Current:Home > NewsWest Virginia University President E. Gordon Gee given contract extension -InfinityFinance
West Virginia University President E. Gordon Gee given contract extension
View
Date:2025-04-18 08:07:08
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! (96)
Related
- Don't let hackers fool you with a 'scam
- How long does it take for antibiotics to work? It depends, but a full course is required.
- Thousands enroll in program to fight hepatitis C: This is a silent killer
- Lunchables adding fresh fruit to new snack tray, available in some stores this month
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- Florida shooting puts 2 officers in the hospital in critical condition, police chief says
- A judge has ruled Texas’ abortion ban is too restrictive for women with pregnancy complications
- Horoscopes Today, August 4, 2023
- What do we know about the mysterious drones reported flying over New Jersey?
- Is mining the deep sea our ticket to green energy?: 5 Things podcast
Ranking
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- Ukrainian drones hit a Russian tanker near Crimea in the second sea attack in a day
- Kentucky candidates trade barbs at Fancy Farm picnic, the state’s premier political event
- Valley fever is on the rise in the U.S., and climate change could be helping the fungus spread
- New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
- LL COOL J on preparing to embark on his first arena tour in 30 years: I'm going to dig in the crates
- Whitney Port Says She's Working on Understanding Her Relationship With Food Amid Weight Journey
- Officials order Wisconsin brewery to close. Owner says it’s payback for supporting liberals
Recommendation
All That You Wanted to Know About She’s All That
Fenty Beauty by Rihanna Purple Blush Restock Alert: The Viral Product Is Back by Purple-Ar Demand
FIFA investigating misconduct allegation involving Zambia at 2023 World Cup
Chaos erupts in New York City after promise of free PlayStations
Former Syrian official arrested in California who oversaw prison charged with torture
Why Florida State is working with JPMorgan Chase, per report
7 critically injured in school bus crash that closes major highway in Idaho
Two boaters die in northern Wisconsin lake