UM Board of Curators approves contract extension for President Wolfe

COLUMBIA, Mo. – The University of Missouri Board of Curators has approved an extension to the contract of President Tim Wolfe, effective July 1 of this year. The board extended the president’s original contract, which was slated to run until February 15, 2015, through June 30, 2018.

 “The board is pleased to extend President Wolfe’s contract to demonstrate our support for his performance as our university’s chief administrative officer,” said Don Downing, chair of the University of Missouri Board of Curators.  “President Wolfe has thoughtfully transformed our strategic planning process in a way that focuses our limited resources on priorities while reducing or eliminating waste and redundancies. He has also been a tireless ambassador, traveling to all areas of the state promoting the value of higher education and how the University of Missouri makes a difference in the lives of Missourians every single day. It is not surprising that enrollment and donations have substantially increased under President Wolfe’s watch. We are grateful for his leadership, and look forward to working with him for many years to come.”

Under the terms of the extended contract, the president’s base salary and performance pay will remain the same. His increase in base salary for the coming year will match the average annual increase for all university employees for the coming year.

The 23^rd president of the University of Missouri, President Wolfe joined the university in February 2012. During his tenure, the president’s top priorities have included increasing overall awareness of the role the system’s four campuses play in advancing the education, economy, health, innovation, arts, culture and the overall quality of life across the state of Missouri; leading the campuses in a strategic planning process that sets a clear strategy for success in the next five to ten years; finding and implementing opportunities for more efficiencies across the system; investing in the university’s human capital and expanding research and economic development initiatives.