Welcome to Scribd, the world's digital library. Read, publish, and share books and documents. See more ➡
Download
Standard view
Full view
of .
Add note
Save to My Library
Sync to mobile
Look up keyword
Like this
4Activity
×
0 of .
Results for:
No results containing your search query
P. 1
Pres. Mason

Pres. Mason

Ratings: (0)|Views: 1,373|Likes:
Published by GazetteOnline
These documents include UI President Sally Mason's contract and terms of her deferred compensation
These documents include UI President Sally Mason's contract and terms of her deferred compensation

More info:

categoriesTopics, Art & Design
Published by: GazetteOnline on Dec 08, 2011
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as PDF, TXT or read online from Scribd
See More
See less

12/07/2012

pdf

text

original

 
GoverningIowa'spublic
universitiesandspecial
schools
Unlversily
of
Iowa
1awa.g[nle-Ul1iverSlly
Umvero;lyofNor1hernIo~m
IowaSchoolforlh~Oenf
10':la
Brailleami
SighlSavingSchool!.2~p.skJe
LabRe9~nls
ROSDlJ(CD
Gcnler
Quad.CrliesGraduateCemer.
SoulhWI>'SIIOW2
R~gemsResource
Center
Tri-State
Graduate
center'
Michael
G,Ganne',President.
DesMome.'
DavidW.Miles.ProTam.
Wo.'/
Des
MOinesBonnie
J,CemppeU,
Des
MOines
Jenny
l.
Connolly.
CedsrFalls
RobertN.
DOW71!}T.
Iowa
CIty
Jack
B.
Evans.
CedarRapids
Ruth
R.
Harkin,C[lmming
CraigA.lang,
Brooklyn
Rose
A.
Vasquez.Des
Moines
'n(-)
A")I""_
01·"
D
1.
Lt\,.1.)~
R
"'r1GI
'[T'fl.
1'}'10
..~:Lt~L[\!
o
Ga1)'W.Steinke.
E~eCJJtlveDiroctor
June21,2007Dr.SallyK.Mason41AshcroftPlaceWestLaFayette,IN
47Q06
Re:UniversityofIowaPresidentDearDr.Mason:ItisapleasuretoconfirmwithyoutheconditionsofyouremploymentasPresidentoftheUniversityofIowa.TheBoardofRegents,StateofIowa,willprovideyouwithanannualsalaryof
$450,000,
effectiveAugust1,2007.IncludedwithtilesalarywillbetheusualbenefitsavailabletoallUniversityofIowafacultyandadministration.YouwillalsobeprovidedwithanIRSsection
457(f)
deferredcompensationplanandtrust.ThePlanwillcommenceAugust.1,2007.Themonthlycontributiontothetrustwillbe$5,000or$60,000annually.AccruedcompensationandearningswiflvestandbedistributedprovidedyouremaincontinuouslyemployedasPresidentoftheUnIversityofIowathroughJuly31,2012.AccruedcompensationandearningswillalsovestandbedistributedifyoubecomedisabledoraredismissedbytheBoardofRegentsforotherthangoodcause.IfyoudonotremaininthecontinuousemploymentoftheBoardofRegentsthroughJuly31,2012foranyreasonotherthandeath,disability,ordlsrnlssalwithoutcause,allsumsheld
underthe
Plan,togetherwillallaccruedeamlngs,areforfeited.Additionally,youwillbeprovided
$!?O,OOO
inannualsupplementalcompensationcontingentuponyouachievingperformancegoalsasidentifiedbytheBoardofRegents.Thissupplementalcompensationisguaranteedonlyforthefirstyearofyouremployment.Also,theBoardwillprovidetheadditionalbenetltsuniquetothePresidentoftheUniversity,includingspecialallowancesfortheOfficeofthePresident.andh~:)Uslngoryouandyourfamilyat102ChurchStreet.It;saconditionofyouremploymentasPresidentandforthebenefitandconvenienceoftheUniversityInhavingthefunctionsofyourofficemostefflciemtlydischarged,thatyouresideat102ChurchStreet.Asiscustomary,thebuilding
wifl
beavailableandwillbeusedforUniversity-relatedbusinessandentertainmentonaregularandcontinuingbasis,withprivatelivingquartersprovidedtoyouandyourfamilywithinaportionofthestructure.Althoughunlikely,
if
ItshouldhappenthattheIRSortheStateofIowaweretodeemtheuseofthisstructureataxablebenefittoyou,theUniversitywillreimburseyouforthetaxesyoupayonthis·account.BecauseyouwillberequiredtotravelfrequentlyonUniversitybusiness,anautomobilewill
be
providedforyouruse.TheUniversitywillalsocoveryourpersonalmovingexpensesto102ChurchStreet.
11260AuroraAvenue'Urbandale.Iowa50322-7905'Phone515-281-3934Fax
515-261·6420
\W/w.!?state.ia.vs/regents
\
';
 
Page.TwoLetterto:Dr.SallyKMasonJune21,2007Initially,thebasisforyourevaluationwillbe:
1.
Achieveprogressincommitment
to
andimplementationofthecurrentUniversitymission
andvisionand
each
ofthe
majorobjectivescontainedintheUniversityofIowaStrategicPlan.Itiswithinyourprerogative.however.consistentwiththeBoard'splanandplanningschedule,foryoutopresentproposedadjustments/changesintheUniversity'sStrategicPlanandyourpersonalgoats,inthecOmingyear.2.DemonstrateacooperativeattitudeandmeaningfulcoordinationwiththeotherRegentinstitutions,theBoardofRegents,theBoardPresldent,andtheBoardOfficeinimplementingthePlanandintheoveralJadministrationoftheUniversityofIowa.
3.
DemonstrategenuinecommitmentandresponsivenesstotheBoardofRegentsStrategicPlan.Boardinitiatives,Boardgovernanceauthority,Boardpolicies,andBoarddlrectlves.WithyourappointmentasPresident,you
will
beeligiblefortenureasaProfessorintheDepartmentofBiology.Thereafter,atalltimes,yourfacultytenureandstatus
wili
besubjecrto.thesameUn·iversityrulesandprotectionasavailabletoothertenuredfacultyattheUniversity.InthepositionofPresident,youserveatthepleasureoftheBoardofRegents,StateofIowa,andyourperformancewillbeformallyevaluatedonayearlybasis.4.DemonstrateacommitmenttoasststlnqtheStateofIowaineconomicandworkforcedevelopment.·...WhenyourserviceasPresidentends,youmaycontinueyourappointmentasatenuredProfessor,atyouroption,withtheusualfringebenefitsaccordedtofacultyandwithasalaryequalto60%ofyourpresidentialsalaryatthetime
of
transition.You
will
beprovidedwithasuitableofficeandsecretarialsupport,andyouwill
be.
giVenoneyearfreecfteachlnqandserviceobligations,inordertoreinvigorateyourteachingandresearchprogram.TheBoardisverypleasedthatyouacceptedthis
position,
andwelook.forWardtoyourassumingthePresident'sposition.
If
youhave
any
questions,pleasefeel
free
tocontactme.Sincereiy,
\1~n.."'--'
MichaelG.Gartner
cc:
GarySteinke,ExecutiveDirectorRegents
 
.\UCHAELGARTNER
August3.2007Ms.SallyMasonPresidentTheUniversityofIowaJessupHallIowaCity,Iowa52242-1316DearSally,
RECEIVED
AUG08
2007
·OFFfCEOF
THEPRESIDENT
ThisistoclarifyanymisunderstandingsthatmightexistaboutyouremploymentaspresidentoftheUniversityofIowa:asoutlinedtoyouintheletterofJune2L2007.Theinitialemploymentcontractisforafive-yearperiod,beginningAug.1,2007.Ifyouareremovedfromofficewithoutcause-at-aay.timeduringthefiveyears,youwillbepaidinfullyourbasesalaryatthetimeofthedismissalforallremainingmonthsofthefive-yearperiod.
r
hopethisclarifiestheissue.Again,
Iwantto
tel!
youhowpleasedIam
that
youarenow
in
Iowa
City.
~ostreIT'dl\
~(~
MichaelGartnerPresidentBoardofRegents,StateofIowa
~~lh~I~l'
":;1'::'2)':'
{\II~.
i:.'\.\
'::;';';.~."';:--\i~III":.
~~."::.!.I:-:~"'ll·:--:ill\\.l•.
t:~..._~·\:~.
'~:""II'(
1,\~~~!1.I::~:::..·{"~~h.:.~......:·{.:.......
\\~I.•\
v•~..
·tI;--........·.~:-:-;

You're Reading a Free Preview

Download
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->