President Barron Leaving FSU for Penn State

[Gator88NE]

<p>The “new” timeline has been aproved by the advisory committee. Looks like you may have a new President in place before the end of September.</p>

<p>

The search committee met Friday afternoon, along with the newly hired search firm Storbeck/Pimentel & Associates, to approve a timeline.</p>

<p>The advisory committee unanimously approved a schedule that would have the new FSU President in place by the end of September.</p>

<p>The schedule is:</p>

<p>•Sept. 2 – Application deadline
•Sept. 5 – Presidential Search Advisory Committee (PSAC) meeting to discuss candidates and select finalists
•Sept. 8 & 9 – PSAC conducts initial interviews with selected candidates
•Sept. 15-18 – Campus hosts candidates for extensive on-campus interviews
•Sept. 19 – Campus feedback due
•Sept. 22 – PSAC meeting

</p>

<p>I would expect we’ll hear nothing about the candadites, until September 8th or later. At that point they will have to go public with which ones are being interviewed. </p>

[moooop]

<p>People here seem to be missing the important thing Barron mentioned at the end of the third paragraph of his letter…that Penn State U. is “state-related.” PSU is NOT owned by the commonwealth of Pennsylvania, and its workers are not state employees. It’s merely partially funded by the state. Compared to managing FSU, that makes running PSU a lot simpler and involves a lot less red tape and interference from the state govt. </p>

[Gator88NE]

<p>Barron some how left this out of his letter…</p>

<p>

Eric J. Barron, who was named Penn State’s 18th president during a special Board of Trustees meeting Monday in State College, will be among one of the highest-paid university presidents in the nation after his salary nearly doubles once he starts his term at Penn State in May.</p>

<p>The Board of Trustee’s Committee on Compensation approved an $800,000 base salary for Barron, a base that will be reviewed annually at the end of each year throughout his five-year contract. That base salary is nearly double what he made at Florida State as its president. In addition to the base salary at Penn State, Barron will make a one-time $200,000 “transitional payment” once he takes office this year.</p>

<p>On top of that, Barron stands to earn $800,000 in retention payments over five years, as well as a $1 million bonus after the completion of his five-year term. In total, Barron will make $6 million over five years, not including housing, pension or other benefits.

</p>

<p><a href=“At Penn State, Eric Barron's pay will place him among the highest-paid college presidents in the nation - pennlive.com”>At Penn State, Eric Barron's pay will place him among the highest-paid college presidents in the nation - pennlive.com;

[Pasbal]

<p>Basically, Barron left FSU once Penn State showed him the money… </p>

<p>Can’t say that if I was in his position that I wouldn’t do the same thing, but…</p>