Regents Approve Raises for Three Public University Presidents
Iowa State University President Steven Leath is getting a $33,000 raise and a new five-year contract. The Board of Regents voted Thursday to boost Leath's pay by 7.1 percent to $500,000 after conducting a performance evaluation in closed session. The board also approved a new five-year employment contract that makes Leath eligible for tenure and allows him to collect $625,000 in deferred compensation if he stays until 2019. The board also approved 2.5 percent increases for University of Iowa President Sally Mason and University of Northern Iowa President Bill Ruud.