FOR IMMEDIATE RELEASE
June 20, 2013 

Excellent Leadership is Critical to Success
 

(Topeka) - Today, the Board of Regents approved the salary increases of the six state university CEO’s to a more competitive level with their peer institutions so that these outstanding leaders can be retained. The funding for this compensation initiative is funded 100% by private funds.

Chairman Tim Emert stated “this action reflects our trust and commitment to these Presidents and Chancellor as they lead the Kansas universities. The Board believes these are excellent leaders who have proven to be skillful managers and prudent custodians of public funds. We appreciate the foundation’s assistance because without the financial contributions of the foundations, the Board would not be able to bring the CEO salaries to competitive levels.”

“We are pleased to recognize the tremendous engagement President Kirk Schulz has demonstrated with donors, alumni and all other members of the K-State family," said Curt Frasier, chairman of the KSU Foundation board of directors. "His leadership has played an integral role in advancing philanthropic giving to the Foundation to unprecedented heights. We sincerely appreciate his passion and tireless efforts in ultimate support of the university." Dale Seuferling, chairman of the University of Kansas Endowment Association, echoed this sentiment by saying “we are pleased to support the Board of Regents request that we provide additional support for the coming year.”

“These CEO’s are tremendous leaders and we do not want to lose the momentum that has been building at these universities. We are happy to partner with the university foundations to ensure the continuance of this excellent leadership at our state universities” said Fred Logan, Vice Chairman of the Kansas Board of Regents.

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About the Kansas Board of Regents:
The nine-member Kansas Board of Regents, founded in 1925 and established in the Kansas Constitution, is the governing board of the six state universities and the statewide coordinating board for the state’s 32 public higher education institutions (six state universities, one municipal university, 19 community colleges, and six technical colleges). In addition, the Board administers the state’s student financial aid, adult education, GED, career and technical education programs, and the state university retirement plans. The Board also approves private proprietary schools and out-of-state institutions to operate in Kansas, and administers the Kan-ed network, a statewide network that provides broadband Internet access and distance learning capabilities for schools, hospitals, and libraries.

For more information, contact Mary Jane Stankiewicz at (785) 296-3421 or mjstankiewicz@ksbor.org.

Visit the Kansas Board of Regents online at www.kansasregents.org.