UA President Robert Robbins was awarded $35,000 in bonuses for meeting his 2017-2018 goals, and his contract was extended through June 2021 at the Arizona Board of Regents meeting this week.
Robbins was required to assemble a new leadership team for the university before July 1, 2018. For this, he earned $15,000 in what was described as “at-risk compensation.”
Robbins also earned $10,000 for developing a strategic plan for the university under his leadership. The final plan will be unveiled at November’s board meeting at the University of Arizona.
Lastly, he organized a marketing leadership team to develop a marketing plan to match his strategic plan, earning him another $10,000.
The money is awarded as incentive and in addition to his base salary of $675,000, plus additional benefits — including $200,000 from the UA Foundation endowment for presidential leadership — totaling a nearly $1 million a year pay package.
Other leaders and their compensation
Arizona State University President Michael Crow earned $100,000 for meeting multiple-year goals and his cash balance retirement plan was increased by 21 percent. His contract was extended through 2023.
Crow and Northern Arizona University President Rita Cheng also reached their yearly at-risk compensation goals and earned $35,000. Cheng’s contract was extended through June 2021.
Former regents President Eileen Klein was also awarded $30,000 by the board for reaching her goals. She left the board earlier this year.
Earlier this year, the board authorized future increases to each president’s base salary of 3.5 percent per year each September from 2019-2021. Unless the board takes action otherwise, the pay hikes would go into effect without further board action, the board said in a news release.