UM curators award Floyd a raise of 3 percent

Wednesday, November 15, 2006 | 12:00 a.m. CST; updated 6:00 a.m. CDT, Monday, July 21, 2008

UM System President Elson Floyd has been awarded an $11,130 annual raise by university curators.

The curators deemed Floyd’s job performance satisfactory during an annual performance review behind closed doors at their July meeting in Kansas City, according to meeting minutes.

Eight curators voted unanimously to award Floyd a 3 percent raise, which boosts his annual salary to $382,130. Curator David Wasinger, the ninth voting member, was absent.

The vote was a departure from a similar session last year, when three curators objected to a two-year contract extension and 6 percent pay increase for Floyd. They cited concern over an evaluation process approved in part by outgoing board members.

Floyd responded by donating that $21,000 raise last year to the system’s four campuses in Columbia, Kansas City, Rolla and St. Louis.

University spokesman Scott Charton said Floyd “plans to continue his personal support” of the university by donating a portion of the latest pay raise to the campuses.

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