Current:Home > MyWest Virginia University President E. Gordon Gee given contract extension -Lighthouse Finance Hub
West Virginia University President E. Gordon Gee given contract extension
View
Date:2025-04-18 12:28:19
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! (837)
Related
- Intel's stock did something it hasn't done since 2022
- Gwyneth Paltrow talks menopause and perimenopause: 'It's nothing to be hidden'
- Buyers worldwide go for bigger cars, erasing gains from cleaner tech. EVs would help
- Kentucky train derailment causes chemical spill, forces evacuations
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- Joshua Jackson and Jodie Turner-Smith Reach Custody Agreement Over Daughter
- How NYPD is stepping up security for Macy's Thanksgiving Day Parade
- 4 injured during shooting in Memphis where 2 suspects fled on foot, police say
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- The Excerpt podcast: Israel-Hamas truce deal delayed, won't start before Friday
Ranking
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- Indian authorities release Kashmiri journalist Fahad Shah after 21 months in prison
- Germany’s economy shrank, and it’s facing a spending crisis that’s spreading more gloom
- Kyle Richards and Mauricio Umansky Reunite for Thanksgiving Amid Separation
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- Why Mark Wahlberg Wakes Up at 3:30 A.M.
- Daryl Hall is suing John Oates over plan to sell stake in joint venture. A judge has paused the sale
- Some Virginia inmates could be released earlier under change to enhanced sentence credit policy
Recommendation
The GOP and Kansas’ Democratic governor ousted targeted lawmakers in the state’s primary
Love Hallmark Christmas movies? This company is hiring a reviewer for $2,000
Ex-officer Derek Chauvin, convicted in George Floyd’s killing, stabbed in prison, AP source says
Aaron Rodgers' accelerated recovery: medical experts weigh in on the pace, risks after injury
What polling shows about Minnesota Gov. Tim Walz, Harris’ new running mate
Some Virginia inmates could be released earlier under change to enhanced sentence credit policy
Biden tells Americans we have to bring the nation together in Thanksgiving comments
Gaza cease-fire enters second day with more hostages to be exchanged and critical supplies delivered