Trustees adopt presidential performance metrics

December 19, 2015  

WEST LAFAYETTE, Ind. — Purdue University’s Board of Trustees on Saturday (Dec. 20) voted to adopt a series of metrics on which President Mitch Daniels’ performance will be reviewed for the 2015-16 fiscal year.

The metrics seek to define and measure progress in the university’s priority areas of student success and institutional excellence, according to Tom Spurgeon, chair of the board’s Compensation Committee, which recommended the metrics for board approval.

“It is important to the board, the president and all Purdue stakeholders that we continue to define and refine our goals to keep accessibility, quality, affordability and value at the forefront of our work here,” Spurgeon said. “A Purdue education is impactful and transformative, and we fully intend that this university remain at the very top of institutions of higher education.”

Daniels’ contract, when approved in December 2012, was a departure from more traditional pay structures for university presidents and put in place a system by which Daniels has a percentage of his salary set aside as “at-risk” funds. In October, trustees extended Daniels contract for two years through June 30, 2020, increased the percentage of his salary that is at-risk from 30 percent to 50 percent, and awarded him 90 percent of the available at-risk funds for his performance in 2014-15.

Metrics for the current fiscal year will continue to measure progress in the areas of student affordability, student success, fundraising, and institutional reputation and excellence. Some adjustments to targets and areas measured have been made, including the addition of a metric for cost of attendance, and are included in the chart available online.

Source: Tom Spurgeon, 

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