AMES, Iowa (AP) — The Iowa Board of Regents is approving pay raises for two university presidents.
The board gave Iowa State University President Steven Leath a 5 percent increase Wednesday, bumping his base salary to $525,000.
The board also approved a five-year deferred compensation plan for Leath that will pay him $125,000 annually through 2020.
Regents approved a smaller raise of 2.5 percent for University of Northern Iowa President William Ruud, pushing his base salary to more than $357,000. Ruud will also receive a two-year deferred compensation plan worth $150,000.
Later in the meeting, the board gave initial consideration to a plan to raise tuition by $100 on resident undergraduate students in the spring semester. No regent raised an objection, and a final vote is scheduled for next month.
