{"id":2213,"date":"2023-10-06T12:29:00","date_gmt":"2023-10-06T12:29:00","guid":{"rendered":"https:\/\/new.www.purdue.edu\/newsroom\/?p=2213"},"modified":"2024-06-10T12:32:33","modified_gmt":"2024-06-10T12:32:33","slug":"trustees-approve-chiangs-performance-metrics-for-2023-24","status":"publish","type":"post","link":"https:\/\/www.purdue.edu\/newsroom\/2023\/Q4\/trustees-approve-chiangs-performance-metrics-for-2023-24","title":{"rendered":"Trustees approve Chiang\u2019s performance metrics for 2023-24"},"content":{"rendered":"

WEST LAFAYETTE, Ind. —<\/p> \n

Purdue University<\/a>\u2019s Board of Trustees<\/a> on Friday (Oct. 6) approved the metrics on which President Mung Chiang\u2019s performance will be measured for the 2023-24 fiscal year, the first performance metrics of his presidency.<\/p>\n<\/div>\n\n\n

The goals and metrics will be annually reviewed and revised by the board, as they were for Chiang\u2019s predecessor, Mitch Daniels, and will define and measure progress in five priority areas, according to trustee Malcolm DeKryger, chair of the board\u2019s Compensation Committee, which recommended the metrics for board approval.<\/p>\n\n\n\n

\u201cOur university continues to make giant leaps forward in all aspects, thanks to our outstanding faculty, staff and students, led by an administration that sees opportunity at every corner,\u201d DeKryger said. \u201cWe continue to set high goals to ensure our university remains at the top of institutions of higher education to the benefit of our students, our state and our world.\u201d<\/p>\n\n\n\n

Upon his selection as Purdue\u2019s 13th president, Chiang requested his contract follow the same structure as Daniels\u2019 before him, with a substantial portion of the pay being at risk and determined based on annual performance, and that his starting base salary be less than Daniels\u2019 and less than his then-base salary as faculty.<\/p>\n\n\n\n

Metrics will measure progress for 2023-24 in:<\/p>\n\n\n\n