LINCOLN, Neb. — The University of Nebraska Board of Regents will consider increasing the salary of the university system’s president to $510,400.
The recommendation for the 6.3 percent salary increase for Hank Bounds came Friday from the Board of Regents’ executive committee, The Lincoln Journal Star reported (http://bit.ly/2cNtVeU ). The full board meets to consider the recommendation on Sept. 16 in Lincoln. The meeting is open to the public.
Bounds was hired early last year as president of the University of Nebraska — which oversees campuses in Lincoln, Omaha and Kearney, as well as the Nebraska College of Technical Agriculture in Curtis. In December, the regents extended his contract through 2020.
In addition to his state-funded salary, Bounds receives $20,000 a year in private funds from the University of Nebraska Foundation, along with perks that include a home, the use of a vehicle and a country club membership.
NU also contributes 11.5 percent of his base salary each year to a deferred compensation package.
Regents are also set to approve salary increases for some campus chancellors recommended by Bounds.
That recommendation would see Dr. Jeffrey Gold, chancellor at the University of Nebraska Medical Center, make $838,661 this academic year, a 3 percent increase. John Christensen, chancellor at the University of Nebraska at Omaha, would make $296,000, a 2 percent increase, and University of Nebraska at Kearney Chancellor Doug Kristensen would make $257,364, a 2.8 percent increase.
Ronnie Green, who in April was named chancellor at the University of Nebraska-Lincoln, will make $464,000 in his first year
Information from: Lincoln Journal Star, http://www.journalstar.com