Thur. 4 p.m.: YSU extends contract for President Jim Tressel
YOUNGSTOWN – The Youngstown State University Board of Trustees today approved a contract extension for President Jim Tressel that will keep him at YSU through at least June 2018.
Tressel became YSU’s ninth president in 2014 and is under contract through June 2017. The new agreement calls for a one-year extension through June 2018. It also calls for three separate additional one-year extension options that could extend the contract through June 2021.
The pact includes no pay increase. His annual salary will remain at $300,000.
Under Tressel’s leadership, YSU’s enrollment is up for the first time in six years, and incoming freshmen have the highest standardized test scores and grade point averages in the university’s history. Residence halls are at capacity, and the university spearheaded a private development plan for the construction of a 382-bed apartment complex and a new Barnes & Noble student bookstore on the West Side of campus.
“In his two and a half years at the helm of YSU, Jim Tressel has led efforts to increase enrollment and retention, raise a record amount of gifts, balance our budget and re-energize the campus and the community,” said Carole Weimer, chair of the YSU Board of Trustees. “We look forward to President Tressel’s continued leadership as we steadfastly pursue excellence across campus and the entire region.”
“Ellen and I look forward to working with everyone on campus and throughout the community to increase our excellence in all that we do,” Tressel said.