Posted: June 20, 2007
Contact: Doug Anderson, email@example.com, 651-201-1426
Chancellor James H. McCormick may serve until July 31, 2011, under a 12-month contract extension approved Wednesday by the Minnesota State Colleges and Universities Board of Trustees.
"Once again this year, the information gathered from trustees and constituency groups concerning the chancellor's performance was overwhelmingly positive," said Trustee Cheryl Dickson, who chaired the committee that evaluated the chancellor's performance.
McCormick's annual salary will be $340,000, which is the same amount that he earned this year. In addition, he is eligible for a performance bonus of up to $25,000.
McCormick, 68, 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, Dr. Maryan Garner McCormick, live in Woodbury.