LINCOLN — University of Nebraska President J.B. Milliken appears in line to get another three years on his contract and a 2.5 percent boost in pay.
The NU Board of Regents is slated to vote on both changes at next Friday's meeting in Lincoln. The board's executive committee recommended the changes.
Board Chairman Tim Clare of Lincoln said the proposal reflects the board's high degree of confidence in Milliken.
“The University of Nebraska today is as strong as it has ever been and that is a testament to the vision and leadership of President Milliken,” he said.
Clare pointed particularly to Milliken's success in keeping the university focused on its strategic goals.
He said he was “very pleased” with the university's progress on expanding affordable quality education to more people, conducting research that is important to Nebraskans and helping build the state's knowledge economy.
“We are fortunate to have President Milliken at the helm,” he said.
Milliken, who has been NU president for nine years, has been mentioned as a possible candidate for other top academic positions.
Earlier this year, the Los Angeles Times listed him as a potential candidate to head the University of California system. U.S. Homeland Security Secretary Janet Napolitano has since been named to that post.
The proposed contract extension would push the expiration date for Milliken's contract to July 31, 2018.
In addition, the proposal calls for raising his salary to $431,276 for the fiscal year that began July 1, up from $420,757 for the 2012-13 year.
Milliken started as NU president in 2004 with a three-year contract. In 2006, the board extended the contract three years, to July 2010.
The board extended it again in 2009, to July 2015.
Other terms of the contract remain unchanged. Milliken's salary figure does not count deferred compensation and retirement contributions, which are part of his contract.
During 2012, he got $240,000 in deferred compensation and retirement contributions in addition to his salary, which was then set at $411,370.
The university compensation is in addition to the $230,000 in cash and stock awards Milliken is expected to receive as a member of Valmont's corporate board in 2013.
The regents approved his joining the board in 2011.
At Friday's meeting, the board also will receive a report on salary increases for the chancellors of the four NU campuses and hear an update on plans for the Peter Kiewit Institute in Omaha.
The chancellor pay increases are:
» University of Nebraska-Lincoln Chancellor Harvey Perlman, current $341,053, new $349,579, increase 2.5 percent;
» University of Nebraska Medical Center Chancellor Harold Maurer, current $443,367, new $461,102, increase 4 percent;
» University of Nebraska at Omaha Chancellor John Christensen: current $268,756, new $275,475, increase 2.5 percent;
» University of Nebraska at Kearney Chancellor Doug Kristensen: current $231,480, new $237,267, increase 2.5 percent.
The salary for the new medical center chancellor likely will be much higher than Maurer is receiving. Maurer plans to step down as chancellor to become a fundraiser for the new cancer center at UNMC.
University officials have said they need to pay more to be competitive for top candidates.