Current:Home > ScamsWest Virginia University President E. Gordon Gee given contract extension -VitalWealth Strategies
West Virginia University President E. Gordon Gee given contract extension
View
Date:2025-04-16 19:27:22
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! (854)
Related
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- Israeli survivors of the Oct. 7 music festival attack seek to cope with trauma at a Cyprus retreat
- In a Philadelphia jail’s fourth breakout this year, a man escapes by walking away from an orchard
- The Bachelor Alum Matt James’ Holiday Gift Ideas Will Impress Any Guy in Your Life
- $73.5M beach replenishment project starts in January at Jersey Shore
- A teenage girl who says she discovered a camera in an airplane bathroom is suing American Airlines
- Endless shrimp and other indicators
- Harmful ‘forever chemicals’ found in freshwater fish, yet most states don’t warn residents
- Bet365 ordered to refund $519K to customers who it paid less than they were entitled on sports bets
- 102-year-old toy inventor, star of 'Eddy’s World' documentary, attributes longevity to this
Ranking
- From bitter rivals to Olympic teammates, how Lebron and Steph Curry became friends
- Judge dismisses legal challenge against Virginia state senator over residency allegations
- New York could see more legal pot shops after state settles cases that halted market
- Florida Supreme Court rules police using deadly force not protected by Marsy’s Law
- IOC's decision to separate speed climbing from other disciplines paying off
- AP PHOTOS: Rosalynn Carter’s farewell tracing her 96 years from Plains to the world and back
- South Korea launches its first spy satellite after rival North Korea does the same
- Endless shrimp and other indicators
Recommendation
Residents in Alaska capital clean up swamped homes after an ice dam burst and unleashed a flood
AP PHOTOS: Rosalynn Carter’s farewell tracing her 96 years from Plains to the world and back
NFL makes historic flex to 'MNF' schedule, booting Chiefs-Patriots for Eagles-Seahawks
Wisconsin Senate Democrats choose Hesselbein as new minority leader
Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
Ex-correctional officer at federal prison in California gets 5 years for sexually abusing inmates
Macaulay Culkin receives star on the Walk of Fame with support of Brenda Song, their 2 sons
Why NFL Analyst Tony Gonzalez Is Thanking Taylor Swift