Dr. Michael Crow will continue to serve as president of Arizona State University for another six years, the Arizona Board of Regents announced today.
At its meeting today, the board extended Crow’s contract, slated to expire in June 30, 2012, through June 30, 2017.
“Under Dr. Crow’s visionary leadership, ASU has not only grown to be the largest public university in the country, but has also achieved widespread recognition as one of the nation’s most innovative and productive,” Anne Mariucci, chair of the Board of Regents, said in a statement. “We are thrilled to have the continuity of his leadership for the university.”
Crow, who has served as ASU president since July 2002, will not be given a salary increase as part of the extension and will still be held to the performance expectations required by ABOR. His current annual salary is $475,000, plus a housing allowance of $50,000, an annual car allowance of $10,000 and supplemental compensation payments of $50,000 from the ASU Foundation.
“I’m very appreciative of the confidence the Arizona Board of Regents has shown in me with this contract extension,” Crow said in a statement.
Earlier this week, University of Arizona President Robert Shelton left his post to become executive director of the Fiesta Bowl. The Board of Regents is in the process of recruiting a replacement.