Sunday, June 17, 2012 at 9:05pm
The search is on.
After more than 18 months under the direction of interim president Dr. Portia Shields, Tennessee State University is on the hunt for a permanent leader.
Last week, Tennessee Board of Regents Chancellor John Morgan told the TBR committee chairs that search firm Greenwood/Asher had already started to identify potential presidential candidates. The job will be posted with the Chronicle of Higher Education after July 4, then a search committee will be formed in August. The hope is to have a new president take over for Shields on Jan. 1.
At the same meeting, TBR Vice Chancellor for Business and Administration Dale Sims presented the board with findings about the school system’s salaries for university presidents. The picture wasn’t pretty.
According to Sims, the TBR has a double-digit percentage gap between the current presidents’ salaries and 90 percent of the market value for similarly situated presidents. (Sims said the system uses the 90 percent figure because it’s consistent with past packages and has room for advancement.)
And TSU has one of the larger gaps. TSU’s presidential salary of $235,735 was a whopping 21.7 percent off 90 percent of market value. Judging by those figures, the target salary of the TSU president job would be slightly above $300,000, a more than $60,000 gap.