UW President Tom Buchanan
The University of Wyoming Board of Trustees today (Friday) approved a one-year extension of President Tom Buchanan's contract through June 30, 2015, but Buchanan refused a salary increase.
Buchanan's salary will remain at $350,004.
"While I appreciate the board's generous offer and the spirit in which it is made, I cannot in good conscience accept a salary increase at a time when other members of UW's faculty and staff will not receive salary increases," Buchanan says.
"The Board of Trustees has tremendous confidence in Tom Buchanan's leadership and we continue to be impressed by UW's progress during his presidency," says Jim Neiman, president of the Board of Trustees. "The hallmark of Tom's presidency has been the pursuit of excellence in teaching, research and service to Wyoming and, as a result, UW is on a forward trajectory to be among the top public universities in the nation."
Trustees also made modifications in Buchanan's contract related to retirement.
If Buchanan returns to a faculty position at UW following his service as president, his placement will not be restricted to his home department of geography, and Buchanan requested his salary after retirement be stipulated at an amount less than he is entitled under existing university regulation. The disposition and ownership of the president's vehicle, upon conclusion of his presidency, was also clarified, and trustees established a scholarship for Buchanan's only grandson.
This marks the third time in three years that trustees have extended Buchanan's contract. He received a three-year extension in 2009 and a one-year extension in 2010.
Buchanan has been UW president since 2005.
