UNC-Chapel Hill board approves nearly $99,000 bonus for vice cha - WNCN: News, Weather

UNC-Chapel Hill board approves nearly $99,000 bonus for vice chancellor

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The UNC Chapel Hill Board of Trustees approved an incentive program that would allow the Vice Chancellor for Development to receive an annual bonus of up to nearly $99,000.

The university is currently conducting a nation-wide search to fill the position.

School officials say the Vice Chancellor for Development serves as a critical fundraiser for UNC. They say the market is very competitive, so they have to make the position appealing as possible, to the best candidates. They say it's especially important since they are about to launch a major new fundraising campaign.

The bonus will be based on performance, subject to the achievement of certain goals set by the Chancellor.

The board approved an incentive up to 25% of the Vice Chancellor's base salary. The max salary for the Vice Chancellor is $395,874 according to the UNC General Administration's set salary range. With a 25% bonus, the new Vice Chancellor would receive an additional $98,968.50. School officials say the money for the bonus would not come from state funds. 

The Board of Trustees approved the incentive program at Thursday's meeting. It was the first Board of Trustees meeting for the new Chancellor, Carol Folt. She says her transition from Dartmouth has been a smooth one.    

"The pride that people feel here about being the university of the people, that already moves me every time I hear somebody say it, because it's so real for so many people," Folt said.
Folt took over at UNC earlier this month after the resignation of Holden Thorp, who had been the university's chancellor since 2008. He resigned last year after his leadership was marred by a string of scandals involving academic fraud, improper travel spending by fundraisers, and special treatment for athletes.
She says she has met with state government leaders, including Gov. Pat McCrory, and is visiting each professional school at the university.
"Carolina aspires to have the highest standards," Folt said. "Everybody wants that culture of aspiring and keeping high standards to be the culture that defines us today."
She spent three decades at Dartmouth before she was hired by UNC in April. Her formal installation ceremony is scheduled Oct. 12.
She also announced that UNC-Chapel Hill faculty secured $777.8 million in research funding during the 2013 fiscal year, an increase of nearly $11 million from last year.
Speaking to reporters during a break in the meeting, she said it's her "obligation and interest" to keep informed of potential NCAA issues at the school.
She said she has been "fully informed" and has talked "quite a bit with Bubba" Cunningham, UNC's athletic director, and basketball coach Roy Williams.
Cunningham has said the school is gathering information on potential improper conduct by members of the basketball team.
Williams issued a statement saying leading scorer P.J. Hairston will face "serious consequences" but that he will wait "until the process is complete" before deciding on the punishment.
Hairston was arrested last month on charges - that were dropped earlier this week - of misdemeanor marijuana possession and driving without a license during a traffic stop in Durham while driving a rented car linked to a convicted felon.
The school has been in frequent contact with the NCAA for much of the past three years following the start of an investigation into improper benefits and academic misconduct that led to sanctions against the football program in 2012.
That included regarding the school's investigation into whether NBA agent Rodney Blackstock has improper ties to Hairston or any other UNC athlete.
The school also ordered a company that makes designer mouth guards to stop using senior guard Leslie McDonald to promote its brand. Until recently, McDonald had been listed on Iceberg Guards' website as a user of its products.
It's unclear whether NCAA investigators will return to the Chapel Hill campus.
"I think (NCAA issues) are an area that, as chancellor, it's my obligation and interest to understand what's going on, but I also have wonderful people in place that really have the knowledge and the experience to help me learn, but also to deal with this in a way that makes sense for our students and our institution," she said.
The statements from Cunningham and Williams, she said, "have been very good in this regard."

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