Current:Home > NewsWest Virginia University President E. Gordon Gee given contract extension -Core Financial Strategies
West Virginia University President E. Gordon Gee given contract extension
View
Date:2025-04-18 00:56:47
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! (53)
Related
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- Kate Spade Outlet’s Extra 20% off Sale Includes Classic & Chic $39 Wristlets, $63 Crossbodies & More
- Elle King breaks silence about drunken Dolly Parton tribute concert: 'My human was showing'
- Texans are acquiring running back Joe Mixon from the Bengals, AP source says
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- Maya van Rossum, the Delaware Riverkeeper, Shouts Down Pennsylvania Gov. Shapiro Over a Proposed ‘Hydrogen Hub’
- Colleges give athletes a pass on sex crimes committed as minors
- Man suspected of robberies fatally shot by Texas officers after the robbery of a liquor store
- Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
- Princess Kate admits photo editing, apologizes for any confusion as agencies drop image of her and her kids
Ranking
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- Wife accused of killing UConn professor and hiding his body pleads guilty to manslaughter
- What to know about a settlement that clarifies what’s legal under Florida’s ‘Don’t Say Gay’ law
- Protesters flood streets of Hollywood ahead of Oscars
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- 4 International Space Station crew members undock, head for Tuesday splashdown in Gulf of Mexico
- Failure to override Nebraska governor’s veto is more about politics than policy, some lawmakers say
- What was nearly nude John Cena really wearing at the Oscars?
Recommendation
Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
Oscars 2024 red carpet fashion and key moments from Academy Awards arrivals
Two pilots fall asleep mid-flight with more than 150 on board 36,000 feet in the air
Pregnant Hilary Duff's Husband Matthew Koma Undergoes Vasectomy Ahead of Welcoming Baby No. 4
Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
Renewed push for aid for radiation victims of U.S. nuclear program
New Hampshire AG’s office to play both offense and defense in youth center abuse trials
A trial begins in Norway of a man accused of a deadly shooting at a LGBTQ+ festival in Oslo