President Performance Review June 8, 2022

Present from the Board

Ms. Regina Brayboy
Mr. William R. Ermatinger
Rector Robert R. Hatten, Esq.
Ms. Maria Herbert
Mr. C. Bradford Hunter
Mr. Steven S. Kast
Ms. Terri M. McKnight, CPA
Mr. Sean Miller
Lindsey Carney Smith, Esq.
Dr. Lee Vreeland
Ms. Judy Ford Wason
Dr. Ella Ward

Rector Hatten asked Ms. McKnight to entertain a motion to enter closed session under Freedom of Information Act Section 2.2.3711(a)(1) Personnel. Ms. Wason provided the motion, seconded by Ms. Herbert and the motion passed by unanimous vote of the Board.

The Board returned to open session and Secretary McKnight asked for a roll call certifying that only public matters were discussed that were identified in the motion by which the executive or closed meeting was called. Board members Ms. Terri McKnight, Ms. Judy Wason, Ms. Maria Herbert, Ms. Lindsey Carney Smith, Mr. Steve Kast, Ms. Regina Brayboy, Mr. Brad Hunter, Mr. Bill Ermatinger, Mr. Sean Miller, Dr. Ella Ward, Dr. Lee Vreeland and Mr. Bobby Hatten certified to the above.

Rector Hatten said that after reviewing the annual goals and accomplishments of the President, the Board determined that President Trible has provided outstanding leadership to the university and contributed greatly to the success of our students.

As discussed, pursuant to the President’s contract, Rector Hatten called for a motion to authorize payment to the President, based on his outstanding review, his Success Bonus of $200,000 and, also as discussed, to authorize a 5% increase in President Trible’s base compensation from $475,284 to $499,048, subject to the final adoption of the budget by the General Assembly. Mr. Ermatinger provided the motion, seconded by Ms. Wason and the motion was passed by unanimous consent of the Board.

There being no further business the meeting was adjourned.