BOT approves Genshaft for salary increase

By Miki Shine, Managing Editor
On March 9, 2017

USF System President Judy Genshaft was approved by the Board of Trustees for a one-year contract with a 2.5 percent salary increase.
ORACLE FILE PHOTO/JACKIE BENITEZ

The USF Board of Trustees (BOT) approved System President Judy Genshaft for a new one-year contract that increases her total compensation package to as much as $924,547, including base salary, a performance-based stipend and benefits.

At Thursday’s meeting of the BOT, trustee Jordan Zimmerman presented a contract renewal that increased her base salary to $505,873 and a performance-based stipend of up to $300,000.

“I’m not sure there are enough words to articulate the leadership and the success we’ve had under (Genshaft’s) leadership,” BOT Chair Brian Lamb said. “I will tell you bluntly, it’s really impressive.  I think the conversation we’re having right now I hope is a testament to our commitment to (Genshaft), to the stability of this institution, having the right leadership in places of responsibility. I’ve said a number of times that we’ve really got one employee at the board level and that’s our president. That’s really where we’ve got to spend our time, energy and focus.”

The board unanimously passed the new contract, which includes a 2.5 percent salary increase from last school year, when she made a base salary of $493,500 with a performance stipend of up to $275,00. According to university spokesman Adam Freeman, the 2.5 percent is proportionate to the average increase faculty and staff have seen over the past year.

Zimmerman said the committee reviewed the contracts of other university presidents in Florida. While the comparison can be hard to make, University of Central Florida president John Hitt has a contract for the 2016-17 school year with a base salary of $505,739. Hitt also has a performance stipend of up to $360,000.

John Thrasher, president at Florida State – a pre-eminent university, which is a distinction USF Provost Ralph Wilcox hopes to reach by 2018 – has a base salary of $521,210 with a performance-based stipend of up to $100,000. Thrasher is on a five-year contract until 2019.

Genshaft is in her 17th year as USF president. 

“I just thank everybody for all the work that we do together to move the institution, the University of South Florida system, to a next level,” Genshaft said. “To the team that’s not only in this room, but throughout the system, thank you. Thank you very, very much.”

Get Top Stories Delivered Weekly

More usforacle News Articles

Recent usforacle News Articles

Discuss This Article

MOST POPULAR USFORACLE

GET TOP STORIES DELIVERED WEEKLY

How do you most commonly view stories from the Oracle

FOLLOW OUR NEWSPAPER

TODAY'S PRINT EDITION

Log In

or Create an account

Employers & Housing Providers

Employers can list job opportunities for students

Post a Job

Housing Providers can list available housing

Post Housing

Log In

Forgot your password?

Your new password has been sent to your email!

Logout Successful!

You just missed it! This listing has been filled.

Post your own housing listing on Uloop and have students reach out to you!

Upload An Image

Please select an image to upload
Note: must be in .png, .gif or .jpg format
OR
Provide URL where image can be downloaded
Note: must be in .png, .gif or .jpg format