CHICAGO — University of Illinois President Tim Killeen is being offered a new contract that would extend his tenure four years and hike his annual compensation by about 40%, officials revealed Tuesday.
The contract would extend Killeen’s presidency to 2024. His base pay would increase from $600,000 to $835,000.
In making the contract proposal, board members noted it “reflects the trust of the board in President Killeen’s leadership.”
Officials note that since Killeen became president in 2015, enrollment at the university system’s campuses in Urbana-Champaign, Springfield and Chicago has increased 9.5% to 89,270 last fall.