uw prez

University of Wyoming trustees approve new president's contract

2013-06-11T22:00:00Z 2013-06-13T19:30:47Z University of Wyoming trustees approve new president's contractBy JOSHUA WOLFSON Star-Tribune staff writer Casper Star-Tribune Online

Incoming University of Wyoming President Robert Sternberg will receive $542,000 in total annual compensation under a three-year contract approved Tuesday by the school’s board of trustees.

The university will pay Sternberg a base salary of $425,000 a year. His contract also provides for a $42,000 yearly housing allowance and a $75,000 annual contribution to a deferred compensation plan, said school spokesman Chad Baldwin. He will also be provided with a vehicle.

Sternberg, a provost and senior vice president at Oklahoma State University, takes the helm of Wyoming’s only four-year public university on July 1. He will replace outgoing President Tom Buchanan, who is retiring.

Buchanan received a $350,000 annual base salary and a housing allowance identical to Sternberg’s. He did not receive a contribution to a deferred compensation plan, Baldwin said.

The trustees unanimously approved Sternberg’s contract. They selected him in February to succeed Buchanan.

Sternberg is a psychologist and will also serve as a tenured full professor at the school.

Contact Joshua Wolfson at 307-266-0582 or at josh.wolfson@trib.com. Visit http://trib.com/news/opinion/blogs/wolfjammies to read his blog. Follow him on Twitter @joshwolfson.

Copyright 2015 Casper Star-Tribune Online. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

(6) Comments

  1. supercelifragilistic
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    supercelifragilistic - June 12, 2013 12:40 pm
    pappy, if I may?
    The monies used used for NCAA Coaches as verses Colleges are completely different monies when contracted. The Athletic Depts get their money through ticket sales, concessions, TV contracts, Bowls and more.
    And by NCAA rule, this money can not be spent anywhere else, except what each athletic dept needs for each and every program. Remember hearing of schools leaving for the PAC12 and Big 12 recently? This is money for Athletic Depts and the schools those programs are affiliated with.

    San Diego State remained in the MWC cause another league could not secure the money to fulfill an offer made. The monies promised (but not secured) were up to four (4) times more than the MWC could pay SDSU.
    Again, don't confuse the NCAA with the schools hierarchy running the school itself - two totally different functions of a school. One is to teach and receive degrees while the other offers scholarship (in most cases) to attend while playing competitively in a program for that school.

    And the Athletic Dept. has to have to money from somewhere to pay coaches - the school won't pay for it, so the above mentioned is where that money comes from.
  2. supercelifragilistic
    Report Abuse
    supercelifragilistic - June 12, 2013 12:29 pm
    Well that's "par for the course", University Presidents getting $500k to $1million annually Wyoming's Eight College Presidents are getting anywhere from $150k and up - with only 1/5 of the student body and school to deal with.
  3. ken
    Report Abuse
    ken - June 12, 2013 12:07 pm
    That is a STUNNING amount of money.....
  4. pappy
    Report Abuse
    pappy - June 12, 2013 8:30 am
    Why should the president of the university not make as much as our over paid under achieving coaches. Next we will hear how broke the UW is and how they need to raise tuition or get more money from the state. Sternberg will be leading the charge and the board of Trustees will rubber stamp anything he wants. The alumni association will be beating the drum and making calls for more donations. There have been columns in the paper about how under paid the professors are so get ready. It's pretty easy to offer big salaries when it doesn't cost you anything.
  5. Sassy
    Report Abuse
    Sassy - June 12, 2013 6:29 am
    Yep Sternberg is smiling all the way to the Caribbean...
  6. Don Wills
    Report Abuse
    Don Wills - June 11, 2013 10:42 pm
    $550,000/year! That's a whole lot more of an increase over the previous president than the 2% cost-of-living increases other government employees have been getting. How much does the governor make?

    Something is really wrong with higher education in America. Taxpayers and students with giant loans that can never be paid off are the losers; government teat suckers like this guy are the winners.
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