The Arizona Board of Regents voted unanimously Thursday to raise ASU President Michael Crow’s salary, along with those of NAU’s President Rita Cheng and U of A’s President Robert Robbins.
In a special board meeting, members voted to give Crow a $90,000 increase, Cheng an $85,000 increase and Robbins a $75,000 increase. The main reason cited by the board was retaining talent in the state, which benefits from the economic and workforce development the universities provide, according to an ABOR press release.
“We are very pleased with the presidents’ accomplishments and are confident they are each making lasting contributions to our state,” ABOR Chair Bill Ridenour was quoted saying in the press release.
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Crow’s baseline salary before the recent ABOR decision was $600,000. He will now receive $690,000. The board also agreed on a 3.5 percent increase per year for three years, effective September 1, 2019, unless the board makes a new decision.
“We task these presidents with developing the strategies, tactics and structures to advance the
educational, human, financial, entrepreneurial, and capital resources necessary for student success, which is the board’s primary goal,” Ridenour said.
Including various allowances, benefits and additional money from the ASU Foundation, President Crow could be bringing in more than $1.1 million this fiscal year, The Arizona Republic reported Thursday.
Reach the reporter at parker.shea@asu.edu or follow @laconicshamanic on Twitter.
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