FAYETTEVILLE, Ark. (AP) - The University of Arkansas Board of Trustees has approved a 3.1% salary increase for the chancellor at the system’s flagship campus in Fayetteville.
The raise for Joe Steinmetz, approved Tuesday, brings his annual total compensation to $714,000. According to the Arkansas Democrat-Gazette , that amount includes an annual salary of $464,000 and annual deferred compensation of $250,000 for Steinmetz.
The board of trustees also approved pay increases for other employees Tuesday during a teleconference meeting, including 10% increases for the deans of UA’s Fay Jones School of Architecture and Design and the J. William Fulbright College of Arts and Sciences.
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Also Tuesday, the board approved a 2.1% pay increase for UA Chancellor Emeritus G. David Gearhart, bringing his annual salary to just under $290,000.
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Information from: Arkansas Democrat-Gazette, http://www.arkansasonline.com
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