U Of I President Gets Raise, Bonus In Final Year

University of Illinois trustees have voted to give President
Robert Easter a raise and a $180,000 bonus as he works his last year before
retirement.
 
The bonus and 3.5 percent pay raise were approved by trustees on Thursday at
their regular quarterly meeting in Chicago. The university says the bonus was
based on performance targets set by trustees in education, research and other
areas.
 
The raise will increase Easter's base pay from $462,375 a year to $478,558. His
compensation is ninth among the 14 Big Ten school presidents and less than the
$651,000 predecessor Michael Hogan was paid. The average Big Ten pay is $780,000
a year.
 
Easter plans to retire in June after taking over in March 2012.
 
The university is expected to name a replacement this month.