What time is the BOR meeting today

[lahorns]

Got a lot of things going on this morning and will not we able to F5 all morning. IMO that after BOR meeting is when we will know who our OC is. I hope they announce the whole staff at that time too.

 

[CardSID]

10 a.m. conference call is what I read elsewhere.

 

[sdhornesq]

10 a.m. conference call is what I read elsewhere.

What is on the agenda? Approval of salary? Approval of OC hire?

 

[HornEsch]

What is on the agenda? Approval of salary? Approval of OC hire?

Just the approval of Strong's contract. Just a formality.

 

[lahorns]

BOR would have to approve the salaries of over a million right? JMHO, that is what UT is waiting on to announce staff. No insight here just hoping

 

[Randolph Duke]

CONVENE THE BOARD IN OPEN SESSION TO RECESS TO EXECUTIVE

SESSION PURSUANT TOTEXAS GOVERNMENT CODE, CHAPTER 551

10:00 a.m.

1. Consultation with Attorney Regarding Legal Matters or Pending and/or Contemplated Litigation or Settlement Offers – Section 551.071 U. T. System Board of Regents: Discussion with Counsel on pending legal issues

2. Personnel Matters Relating to Appointment, Employment, Evaluation, Assignment, Duties, Discipline, or Dismissal of Officers or Employees – Section 551.074

a. U. T. Austin: Discussion and appropriate action regarding employment contract for Charles R. Strong as Head Football Coach (Regents’ Rules and Regulations, Rule 10501, Subsection 2.2.12, regarding Athletic Employment Agreements and Rule 20204, regarding highly compensated employees)

b. U. T. System: Discussion and appropriate action regarding individual personnel matters relating to appointment, employment, evaluation, compensation, assignment, and duties of presidents (academic and health institutions), U. T. System Administration officers (Executive Vice Chancellors and Vice Chancellors), other officers reporting directly to the Board (Chancellor, General Counsel to the Board, and Chief Audit Executive), and U. T. System and institutional employees

10:50 a.m. RECONVENE IN OPEN SESSION TO CONSIDER ACTION, IF ANY, ON EXECUTIVE SESSION ITEMS

ADJOURN

11:00 a.m. approximate

http://www.utsystem.edu/sites/utsfiles/offices/board-of-regents/board-meetings/agenda-book-full/1-13-2014ab.pdf

 

[Juan]

<blockquote class="twitter-tweet" lang="en"><p>Texas regents approve Charlie strong 5 year contract. 5 million 1st year with 100k annual raise</p>— Jim Vertuno (@JimVertuno) <a href="

https://twitter.com/JimVertuno/statuses/422778081577693184">January 13, 2014</a></blockquote><script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script>

 

[hornag]

The BOR meeting should be over. So we are still in a holding pattern on the OC hire?

 

[colepeyton]

The BOR meeting should be over. So we are still in a holding pattern on the OC hire?

yep

 

[Texdoc]

C'mon !

It's a weekday.

Don't they know we have things we need to do ???

 

[Bevo11]

Contract approved by BOR:

5-year, $25 million

An added 3% of his salary for top five finish, 2% for a top ten finish

Buyout to Louisville paid: $4.375 million.

An annual raise of $100K

$100K for Big 12 title

$100K for a national title game appearance

$250K for a national championship

$100K for national coach of the year

 

[aowells]

Contract approved by BOR:
5-year, $25 million

An added 3% of his salary for top five finish, 2% for a top ten finish

Buyout to Louisville paid: $4.375 million.

An annual raise of $100K

$100K for Big 12 title

$100K for a national title game appearance

$250K for a national championship

$100K for national coach of the year

Those incentives look pretty token. Even if he accomplished all that, it's not much more than a 10% bonus on the year. A NC should be worth at least $1M.

 

[texasdobbs]

Those incentives look pretty token. Even if he accomplished all that, it's not much more than a 10% bonus on the year. A NC should be worth at least $1M.

He will get a new contract if he wins the NC anyway

 

[Topstarr]

That is all we did today, just approve one salary.