Thurs. 12:45 p.m.: YSU board extends Tressel’s contract

YOUNGSTOWN – The Youngstown State University Board of Trustees and President Jim Tressel agreed today to a contract extension for another year through June 2020.

“By every measure, President Tressel has excelled in leading YSU over the past four years,” Trustee Chair Dee Crawford said. “His vision and determination have resulted in unprecedented gains in many important areas of the university’s operations. We look forward to continuing that momentum.”

Tressel said: “Much has been accomplished, and thanks certainly goes to the Board of Trustees, everyone here at YSU, our alumni and supporters. While challenges remain, we are committed to further advancing the university on behalf of our students and the community.”

Tressel was named YSU’s ninth president in 2014 and signed a three-year contract through the end of June 2017. He then signed a new contract that included three separate additional one-year renewal options. Last fall, Tressel and the board agreed to the first one-year renewal option, extending the contract through June 2019. Today, the parties agreed to the second one-year renewal option, extending the contract through June 2020.

The pact includes no pay increase. His annual salary will remain at $300,000.