Exiting university chief still gets paid
LAS VEGAS (AP) – UNLV President Carol Harter might be stepping down, but she’ll be well taken care of on her way out, according to a preliminary agreement released by the university system.
After June 30, Harter will become a full-time fundraiser with the University of Nevada, Las Vegas Foundation, and remain in that post until June 30, 2008, when her contract expires.
Until the end of her contract, taxpayers will pay her $234,600 annual base salary but no longer will pay for her annual $18,000 housing and $8,000 vehicle allowances. The foundation will cover the costs.
The foundation will continue to provide her with $90,000-a-year supplements and a bonus of up to $250,000 if she completes the $500-million fund-raising campaign, according to the agreement released Tuesday.
Harter also will get four tickets to all university-sponsored events, including athletics.
The preliminary agreement must be amended into Harter’s contract and signed by Harter and Chancellor Jim Rogers.
UNLV Student Body President Peter Goatz said he was surprised at the cost to the state and university of Harter’s resignation when the campus has so many needs.
“Talk about a golden parachute,” Goatz said.
Rogers and foundation officials have said Harter is well worth the price because she will raise millions from donors during her tenure at the foundation.
Under the agreement, Rogers also will recommend that Harter get the honorary title of president emeritus. She’ll run a proposed, on-campus public policy think tank, and retain tenure rights. When her contract ends, Harter will have the option to become a faculty member in the English department.
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