New UW president's contract inked for $425,000 salary plus added compensationJun 12, 2013 The Associated Press
LARAMIE -- The University of Wyoming Board of Trustees has approved a three-year contract with incoming President Robert Sternberg that will pay a base salary of $425,000 a year.
Additional compensation pushes his total pay package to more than $500,000.
Trustees unanimously approve the contract on Tuesday.
Sternberg will take over as UW president on July 1, succeeding retiring President Tom Buchanan.
The contract also calls for UW to contribute to a deferred compensation plan, and to provide a housing allowance and a vehicle.
Sternberg, 63, comes to UW from Oklahoma State University, where he has served as provost and senior vice president since 2010.
"We're delighted to have finalized our agreement with Dr. Sternberg and are excited for UW's new era to begin --even as we prepare to bid farewell to President Buchanan and salute him for his outstanding leadership of the university," Board of Trustees President Dave Bostrom says.
Sternberg comes to UW from Oklahoma State University, where he has served as provost and senior vice president since 2010. An accomplished psychologist and scholar, he will have a dual appointment as a tenured full professor in UW's Department of Psychology in the College of Arts and Sciences, and the Department of Professional Studies in the College of Education.
He is a graduate of Yale University and Stanford University.