Current:Home > FinanceWest Virginia University President E. Gordon Gee given contract extension -Secure Horizon Growth
West Virginia University President E. Gordon Gee given contract extension
View
Date:2025-04-14 15:34:54
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! (59226)
Related
- Trump issues order to ban transgender troops from serving openly in the military
- It’s a ‘very difficult time’ for U.S. Jews as High Holy Days and Oct. 7 anniversary coincide
- Budget-Strapped Wyoming Towns Race for Federal Funds To Fix Aging Water, Sewer Systems
- Red Sox honor radio voice Joe Castiglione who is retiring after 42 years
- The Best Stocking Stuffers Under $25
- Fontes blocked from using new rule to certify election results when counties refuse to
- Rashee Rice's injury opens the door for Travis Kelce, Xavier Worthy
- SNL Introduces Its 2024 Presidential Election Cast Playing Kamala Harris, Tim Walz and More
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- She defended ‘El Chapo.’ Now this lawyer is using her narco-fame to launch a music career
Ranking
- Former Danish minister for Greenland discusses Trump's push to acquire island
- 'Shazam!' star Zachary Levi endorses Donald Trump while moderating event with RFK Jr.
- Opinion: Florida celebrating Ole Miss loss to Kentucky? It brings Lane Kiffin closer to replacing Billy Napier
- Phillies become the hunted in MLB playoffs as NL East champs: 'We're ready for it'
- Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
- Travis Hunter strikes Heisman pose after interception for Colorado vs UCF
- Trump lists his grievances in a Wisconsin speech intended to link Harris to illegal immigration
- NASCAR 2024 playoffs at Kansas: Start time, TV, streaming, lineup for Hollywood Casino 400
Recommendation
North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
France’s new government pledges hardline stance on migration as it cozies up to far right
Ryan Williams vs Jeremiah Smith: Does Alabama or Ohio State have nation's best freshman WR?
3 easy mistakes can be deadly after a hurricane: What to know
The White House is cracking down on overdraft fees
Adrien Brody reveals 'personal connection' to 3½-hour epic 'The Brutalist'
Luis Arraez wins historic batting title, keeps Shohei Ohtani from winning Triple Crown
An asteroid known as a 'mini-moon' will join Earth's orbit for 2 months starting Sunday