University presidents decline bonuses - B.A. Morelli, Iowa City Press-Citizen

The presidents of University of Iowa, Iowa State University and University of Northern Iowa have declined the possibility for performance bonuses in light of budget woes, at an Iowa state Board of Regents meeting today. The bonuses amount to a 15 percent cut in UI President Sally Mason’s earning potential, 12 percent for ISU President Gregory Geoffroy and 8 percent of UNI President Ben Allen. This amounts to $155,000 in savings, including $80,000 from Mason, who has $450,000 in base salary before bonuses. “It’s best to simply decline the performance-based part of my salary for the coming year,” Mason said.