Purdue President Chiang gets 104% of his first ‘at-risk’ pay

Plus, from trustees meeting: Chairman announces resignation. New lottery system coming for campus housing. Price for Purdue Airport terminal goes up. And more

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THIS AND THAT: FRIDAY’S PURDUE TRUSTEES MEETING

A few things from Friday’s Purdue trustees meeting, held in Indianapolis …

PRESIDENT MUNG CHIANG GETS 104% OF AT-RISK SALARY: Purdue President Mung Chiang’s first review under a contract that subjects part his salary to a series of annual goals had him getting 104% of the target amount, university trustees agreed Friday.

Trustees said Chiang hit 11 target goals and seven stretch goals during the 2023-24 fiscal year, his first full year at president at Purdue. Trustees said Chiang did not meet one of 20 goals set out for him during the fiscal year based on a weighted set of financial, student-related, research, reputation and other initiative standards.

Among the metrics factored into Purdue President Mung Chiang’s salary was the start-up of the university’s Indianapolis campus after the split with IU on IUPUI. (Photo: Dave Bangert)