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Category: Editorials Editorials
Published: 02 November 2017 02 November 2017

To the Editor:
Compensation of WNMU President over half a million dollars

As part of his new employment contract the Regents paid President Shepard for all of his accumulated annual leave, 800 hours at $129.80 per hour a total of $103,842.16 paid on October 12, 2017.

This fiscal year from July 1, 2017 until June 30, 2018 President Shepard will earn the following: Base Pay $270,000, Bonus paid in Sept. 2017, $25,000, Annual leave $103,842, Car allowance $10,800, Annuity for 9 months $10, 800, President Shepard's share of retirement paid by University $27,445, President Shepard's share of health insurance paid by University $7,296, Educators retirement contribution $8,100, total cash for fiscal year $463,283.

Add to this use of the President’s house $30,000, and $50,000 from the Foundation, we have compensation of $543,283. Over half a million dollars.

Alfred Milligan
Silver City NM