Posted: June 25, 2004

Contact: Doug Anderson,, 651-201-1426

Chancellor James H. McCormick may serve until Aug. 31, 2008, under a 14-month contract extension unanimously approved by the Minnesota State Colleges and Universities Board of Trustees.

"Chancellor McCormick received an outstanding performance review from the board," Board Chair Jim A. Luoma said. "After three years as the top leader of Minnesota State Colleges and Universities, he has established an exceptional record. He has reached out to the business community statewide to find new ways for the system to support and strengthen economic development, from the state's main street businesses to global industries. Above all, he really cares about providing the best education possible for our students."

The board also awarded McCormick a 5 percent pay increase, bringing his annual salary to $262,500. Last year, the board extended his contract two years with high praise, but said it was not in a position to offer a raise because of the system's budget situation after the state appropriation was cut $191.5 million.

McCormick, 65, was the founding chancellor of the State System of Higher Education for the Commonwealth of Pennsylvania before assuming his position July 2, 2001, as head of the Minnesota system. McCormick and his wife, Maryan McCormick, live in Woodbury.