Make us your home page

Today’s top headlines delivered to you daily.

(View our Privacy Policy)

Trustees approve $93,525 performance bonus for USF president Judy Genshaft

TAMPA — University of South Florida trustees Wednesday approved a $93,525 performance bonus for USF president Judy Genshaft, but she won't see that money anytime soon.

Like last year, the bonus will be deferred until the economy improves or Genshaft reaches the end of her contract, which goes through June 2012.

Genshaft's base salary is $395,000 a year — $225,000 in state funds and $170,000 from the USF Foundation.

She also is eligible for a yearly bonus of up to $100,000 based largely on how she meets goals set in consultation with trustees.

This year, trustees praised the way Genshaft has guided USF through a rough economy and said she met three of five goals:

• Working to ensure that USF St. Petersburg had its accreditation removed from probation.

• Increasing graduate enrollment, which is up slightly.

• Bringing in freshmen with higher average SAT scores and grade point averages, as well as more National Merit, National Achievement and National Hispanic scholars.

But trustees said Genshaft had mixed success on two other goals, including the most important one: increasing graduation rates. Given the most weight by trustees, it was the area of greatest disappointment.

Six-year graduation rates fell from 49.3 percent in 2008 to 48 percent in 2009, while three-year graduation rates for transfer students rose from 48 to 51.3 percent. The freshmen retention rate rose from 81 to 85.3 percent.

"The conclusion of the committee was that we all shared in this responsibility and we thought it deserved about a 'C' grade," said trustee John Ramil, who chairs the board's compensation committee.

The final goal was working with state officials on new initiatives in three areas.

One was establishing new doctoral programs in history, sociology, political science and pharmacy. That part of the goal was met. But two other parts were not.

USF sought the Legislature's approval for certification of the pharmacy program, which is necessary for a program that will result in a student getting a state-issued license. And the university sought a state certificate of need for a hospital focused on diabetes treatment at USF.

The Legislature did not sign off on the pharmacy program this spring, and USF withdrew its request for the hospital certificate of need. Genshaft has since worked with the local legislative delegation to make the pharmacy program a high priority for the 2010 legislative session.

"It has been a very difficult year from many, many perspectives," Board of Trustees chairwoman Rhea Law said. "However, I have been very, very impressed with the president's capacity to quickly address the issues and get out in front of them."

Trustees approve $93,525 performance bonus for USF president Judy Genshaft 12/16/09 [Last modified: Wednesday, December 16, 2009 9:45pm]
Photo reprints | Article reprints

© 2017 Tampa Bay Times


Join the discussion: Click to view comments, add yours

  1. Photos: Snooty the manatee remained lovable over the years


    Snooty, the world's oldest living manatee in captivity, and arguably the world's most famous, has died, the South Florida Museum announced on Sunday. 

    Carol Audette, manatee aquarium curator, touches noses with Snooty the manatee in 2001.
  2. Surviving the graveyard shift: Convenience store work is fraught with anxiety

    Human Interest

    TAMPA — It's 10 p.m. when the alarm clock goes off and Kara Patnoe gets ready for her overnight shift at a local convenience store.

    Deputies investigate a stabbing at a Riverview 7-Eleven in 2013. [Luis Santana  |   Times]
  3. Snooty, world's oldest captive manatee, dies in accident at Bradenton's South Florida Museum (w/video)


    BRADENTON — Snooty, who was the world's oldest manatee in captivity, was found dead Sunday morning, the South Florida Museum announced.

    Snooty, the Manatee County mascot, turns 60 on Monday. Hundreds of people came to the Parker Manatee Aquarium to see Snooty at his birthday party on Saturday. He was the first manatee to have a recorded birth date on July 21, 1948.

 [Times (2008)]
  4. Deputies: Tampa man killed after car strikes tree


    TOWN 'N COUNTRY — A 24-year-old man was killed early Sunday after he lost control of his car, causing it to hit a pine tree.