Current:Home > FinanceWest Virginia University President E. Gordon Gee given contract extension -Blueprint Wealth Network
West Virginia University President E. Gordon Gee given contract extension
View
Date:2025-04-13 18:03:43
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! (41)
Related
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- Watch live: First Lady Jill Biden unveils 2023 White House holiday decorations
- Texas CEO and his 2 children were among 4 killed in wreck before Thanksgiving
- Amazon is using AI to deliver packages faster than ever this holiday season
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- Roommates sue Maryland county over death of pet dog shot by police
- How much hair loss is normal? This is what experts say.
- ICC prosecutors halt 13-year Kenya investigation that failed to produce any convictions
- Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
- Bills players get into altercation with Eagles fans, LB Shaq Lawson appears to shove one
Ranking
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- Wilders ally overseeing first stage of Dutch coalition-building quits over fraud allegation
- Delaware County’s top prosecutor becomes fifth Democrat to run for Pennsylvania attorney general
- Pope Francis getting antibiotics intravenously for lung problem, limiting appointments, Vatican says
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- What Lou Holtz thinks of Ohio State's loss to Michigan: 'They aren't real happy'
- Elon Musk visits Israel to meet top leaders as accusations of antisemitism on X grow
- Brazilian delivery driver called real Irish hero for intervening in Dublin knife attack
Recommendation
Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
Selena Gomez Debuts Blonde Highlights in Rare Hair Transformation
6 teenagers go on trial for their alleged role in the 2020 beheading of a French teacher
How much hair loss is normal? This is what experts say.
Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
'Today, your son is my son': A doctor's words offer comfort before surgery
Georgia Senate Republicans propose map with 2 new Black-majority districts
Kevin 'Geordie' Walker, guitarist of English rock band Killing Joke, dies of stroke at 64