Chicago State University's new president will make less than his predecessor, who retired in January following controversy over her spending practices and leadership.Watson, the outgoing chancellor of the City Colleges of Chicago, faces a tough task in turning around the troubled South Side university. Only 16 percent of its full-time freshmen graduate in six years and only 4 percent after four years.
University trustees today unanimously approved a 5-year contract this morning for incoming president Wayne Watson, a contract that will pay him just over $229,000 a year.
Former President Elnora Daniel, who announced her retirement in January 2008 after her spending practices and leadership came under fire, was paid $241,025 annually.
There are 6,800 Chicago State students, down about 20 percent from a decade ago despite more high school graduates enrolling in college than ever before.
Dispatches from Chicago's south side.
Wednesday, May 13, 2009
Chicago State OKs contract for new leader
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