IndianaNews

Mitch Daniels gets $200,000 in incentive pay from Purdue

FILE - In this June 21, 2012 file photo, former Indiana Gov. Mitch Daniels speaks after being named as the next president of Purdue University by the school's trustees in West Lafayette, Ind. Daniels, the state leader that Illinois Gov.-elect Bruce Rauner most admires, says Rauner faces steeper challenges, but also has a path to enact real change. Rauner, who takes office Monday, Jan. 12, 2015, says Daniels is the person he "studied under" and wants to emulate during his stint as chief executive. (AP Photo/Michael Conroy, File)

WEST LAFAYETTE, Ind. (AP) — Purdue University has decided its president, former Indiana governor Mitch Daniels, has earned more than $200,000 in incentive pay.

The school’s board of trustees on Friday voted to give Daniels 96 percent of a pool of $210,000 in incentive pay available, meaning he’ll get $201,600. Trustees lauded Daniels for increased graduation rates, large enrollment totals and record-setting fundraising. The money is for the fiscal year that ended June 30.

Daniels is guaranteed $420,000 for his base salary. Daniels received 90 percent of the $126,000 of possible at-risk pay in the 2014-2015 academic year. Trustees extended his contract through 2020 a year ago. If he stays through the full term of his contract he’ll receive a $100,000 retention incentive.

Daniels was graded on student affordability, student success, fundraising and Purdue’s reputation.

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