Current:Home > StocksWest Virginia University President E. Gordon Gee given contract extension -WealthRise Academy
West Virginia University President E. Gordon Gee given contract extension
View
Date:2025-04-13 08:19:00
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! (49)
Related
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Oregon lawmakers pass bill to recriminalize drug possession
- Oregon may revive penalties for drug possession. What will the change do?
- Hailey Bieber Shuts Down Justin Bieber Marriage Speculation With Birthday Message
- Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
- Kansas City Chiefs WR Mecole Hardman denies leaking New York Jets' game plans
- Caitlin Clark, the Tiger Woods of women's basketball, changes everything for Indiana, WNBA
- Does Zac Efron Plan on Being a Dad? He Says…
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- Inter Miami vs. Orlando City: Messi relied on too much, coach fears 'significant fatigue'
Ranking
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- Colorado paramedic sentenced to 5 years in prison for Elijah McClain’s death
- Clippers guard Russell Westbrook breaks left hand in first half against Wizards
- Kindness across state lines: Immigrants' kids in Philly are helping migrants' kids in Texas
- Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
- Celebrated stylemaker and self-named 'geriatric starlet' Iris Apfel dies at age 102
- A White House Advisor and Environmental Justice Activist Wants Immediate Help for Two Historically Black Communities in Alabama
- Stop Right Now and See Victoria Beckham’s Kids Harper, Brooklyn and Cruz at Paris Fashion Week Show
Recommendation
Senate begins final push to expand Social Security benefits for millions of people
Olympian Katie Ledecky is focused on Paris, but could 2028 Games also be in the picture?
Rust assistant director breaks down in tears while testifying about fatal shooting of cinematographer Halyna Hutchins
Train derailment leaves cars on riverbank or in water; no injuries, hazardous materials reported
Sonya Massey's father decries possible release of former deputy charged with her death
Lucky You, Kate Spade Outlet Has Effortlessly Cool Crossbodies Up to 75% off, Plus Score an Extra 25% off
Shopping for parental benefits around the world
Vanderpump Rules’ Brittany Cartwright Posts Cryptic Message on Power After Jax Taylor Separation