The president of Kentucky’s flagship university is being rewarded with a salary increase and performance bonus.
Citing an outstanding job evaluation, the University of Kentucky Board of Trustees voted Friday to give President Eli Capilouto a two percent salary increase and a $150,000 bonus.
He was praised by trustees for privatizing U-K’s dining services and overseeing a $1 billion construction initiative across campus.
The Lexington Herald-Leader reports the salary hike of about $10,000 brings Capilouto’s total salary to $535,500. The vote allowing the pay raise was upstaged by Capilouto’s announcement that he’s donating $250,000 to the university to develop a health research center.