President Performance Review June 7, 2024

The Board of Visitors convened a second meeting on June 7, 2024 in the Freeman Center, Meeting Room 201, with Rector Lindsey Carney Smith presiding.

Present from the Board

Mr. Brentley K. Archer
Regina P. Brayboy
Lindsey Carney Smith, Esq., Rector
William A. Estrada, Esq.
Mr. John R. Lawson, II
Kelli Purdy Meadows, CPA, CCIFP
Ms. Christy T. Morton, Secretary
The Honorable Ronald L. Tillett
Dr. Lee Vreeland

Absent from the Board

Ms. Terri M. McKnight, CPA, Vice Rector
Dr. Daniel M Gade
Mr. Sean D. Miller
Mr. C. Larry Pope

Remote Participants

Present from the University

Ms. Amie Dale, Liaison to the Board of Visitors
President William G. Kelly
Ms. Jennifer Latour, Chief of Staff

Others in Attendance

None

Call to Order and Welcome: Rector Lindsey Carney Smith

On June 7, 2024 at 2:01 p.m. Rector Carney Smith called the meeting to order and welcomed everyone present.

Closed Session Pursuant to the Code of Virginia §2.2-3711(A)(1) Personnel

Rector Carney Smith called for a motion to enter Closed Session to hold the President’s Annual Performance Review pursuant to the Code of Virginia §2.2.3711(A)(1) Personnel.

Mr. Estrada provided the motion, it was seconded by Ms. Morton and the motion was passed by unanimous vote of the Board.

Return to Open Session: Secretary Christy Morton

The Board returned to Open Session, and Secretary Morton asked for a roll call certifying that only public matters that were identified in the motion by which the executive or closed meeting was called were discussed. All Board members certified to the above by roll call: Mr. Archer, Ms. Brayboy, Rector Carney Smith, Mr. Estrada, Mr. Lawson, Ms. Meadows, Secretary Morton, Mr. Robinson, Mr. Tillett, and Dr. Vreeland.

Rector Carney Smith said that after reviewing the annual goals and accomplishments of the President, the Board voted for President Kelly to receive a performance bonus of $110,000 and a 3.0% increase in his base compensation effective June 10, 2024. Mr. Tillett provided the motion, which was seconded by Mr. Estrada, and the Rector asked Ms. Dale to certify the vote by roll call. All in Favor: Mr. Archer, Ms. Brayboy, Rector Carney Smith, Mr. Estrada, Mr. Lawson, Ms. Meadows, Secretary Morton, Mr. Robinson, Mr. Tillett, and Dr. Vreeland. Any opposed: None.

Adjournment: Lindsey Carney Smith

Rector Carney Smith called for discussion or questions. There being no further business, the meeting was adjourned at 3:06 p.m.