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Board Approves Raise, $90,000 Bonus For McDavis
By: Susan Tebben
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Ohio University President Roderick McDavis received a good report and a $90,000 bonus at the end of Thursday’s Board of Trustees meeting.
After reading a memorandum stating the board’s “unanimous” agreement that the president has “done an outstanding job this past year,” Board Chair Sandra Anderson led a unanimous vote to approve a raise in base pay and a bonus for McDavis.
“The board continues to highly regard and deeply appreciate the work and results delivered by your senior leadership team,” McDavis’ evaluation, given to WOUB at the meeting, stated. “We believe you are leading the university in the right direction with strategic vision, boldness, energy and passion.”
Retroactive to July 1, McDavis will now receive a $15,000 addition to his base pay, bringing his total base salary to $480,000.
He also received a $90,000 bonus this year.
First Lady Deborah McDavis received an increase as well, of $1,150 to her salary.
The increase in base salary for President McDavis was less than last year’s $33,700 increase. His bonus, however, was more than the $85,000 bonus he received last year.