Purdue gives President Chiang 30% raise, bigger retention bonus, extended contract

New rolling five-year deal bumps president’s pay by 30% and more than doubles retention bonuses, pushing compensation to $1.4 million, as trustees say Chiang ‘is in high demand’

• Support for this edition comes from Lafayette Master Chorale, presenting Greater Lafayette! at 7:30 p.m. Saturday, Oct. 11, at the Richard Jaeger Theater, Jefferson High School, 1801 S. 18th St., Lafayette. Season 61 will begin with a rousing tribute to this great city we call home, as the City of Lafayette celebrates its Bicentennial. The Lafayette Master Chorale will be joined onstage by the Jefferson High School Varsity Singers and the Purdue University Choir as they join voices to sing praises to this city on the Wabash. Tickets – adults $22/advance, $25/door; college students, $10; K-12 students, free – at lafayettemasterchorale.org

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PURDUE GIVES PRESIDENT MUNG CHIANG A 30% RAISE, BIGGER RETENTION BONUS, EXTENDED CONTRACT

Purdue trustees added two years to President Mung Chiang’s contract, giving him a raise and more than doubling his current annual retention bonuses, saying Friday that the move is a vote of confidence in how he’s been leading the university since 2023 and their hope to keep him in West Lafayette.

“He is in high demand, we know that for a fact,” Gary Lehman, Purdue trustee chair, said Friday during a meeting at the university’s Indianapolis campus.

Purdue President Mung Chiang (Photo: Purdue)

“The success the university has had gives him great marketable status with other ones,” Lehman said. “We don’t want to lose him.”