FAU President’s $weet Deal (3/3/2014)

Big job ahead at FAU: New president faces several challengesFlorida Atlantic University’s new president, John Kelly, who has officially begun work, will be paid at least $440,000 his first year, in addition to benefits and retirement compensation, bringing the whole package to a minimum $500,000.

The FAU Board of Trustees approved Kelly’s five-year contract February 18th, which includes $400,000 base salary and a $40,000 sign-on bonus.

He is also eligible for a performance bonus of up to $40,000 a year. An additional $60,000 a year will be set aside for retirement compensation.

Read article at Sun-Sentinel.com

Download and view PDF of President John Kelly’s Contract