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Caption: Board of Trustees Minutes - 1986
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324 BOARD OF TRUSTEES ANNOUNCEMENTS FROM THE PRESIDENT OF THE BOARD President Shepherd called attention to the schedule of meetings for the next few months: July 18, Urbana-Champaign; September 12, UrbanaChampaign; October 10, Chicago. ADJOURNMENT FOR LUNCH During the luncheon, Mr. Munoz and Dr. Byrd discussed their hopes and plans for die improvement of public education in Chicago. They, President Ikenberry and Chancellor Langenberg exchanged suggestions of means by which the Chicago school system and the University of Illinois might work together toward that end. EXECUTIVE SESSION CONTINUED At 1:25 p.m., the board reconvened in executive session with the president, secretary, and vice president and comptroller present. Executive Compensation (40) President Ikenberry reviewed the office of the presidency in the past year and the problems and challenges associated with it. He then left the meeting in order that the trustees might consider information pertinent to setting the salary of the president for 1985-86. Dr. Bazzani presented data obtained confidentially from other institutions. Within the Big Ten group, the range of presidential salaries is from $78,000 to $122,500. (The current salary of the president of the University of Illinois is $99,750.) At other public institutions, especially those that are multicampus or University "systems" in character, the range is from $100,000 to $165,000 per year. He also reported on the genera] plan for salary increases for next year, based on present assumptions with regard to the University appropriation and summarized the tentative recommendations for faculty, the general officers, and other staff. In the discussion, the trustees expressed some concern at the relative status of the University of Illinois as compared with other institutions; and gave special attention to the "compression" of salaries administratively, i.e., the limited gap between the salary of the president and the next higher officers of the University. At length, on motion of Trustee Madden, the board voted unanimously to set die salary of the president for 1985-86 at $110,000 a year. The action directs that the salary be so listed in the internal operating budget for 1985-86 to be presented for formal action of the board at the September 1985 meeting. There being no further business, the board adjourned. EARL W. PORTER NINA T. SHEPHERD Secretary President
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