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Smatresk’s contract extended to 2019

Smatresk’s contract extended to 2019

February 29
19:36 2016

Sarah Sarder | Staff Writer

@sarderrr

The Board of Regents voted last week to approve school president Neal Smatresk for another term ending in 2019 and to raise his salary based on market salaries.

The decision was based on the evaluation from Lee Jackson, chancellor of the UNT System. UNT presidents serve three-year terms. Smatresk’s current term, which began in 2013, is his first. This term will end in January 2017.

 Neal Smatresk chats with faculty and staff at a recent Welcome to UNT gathering. Photo by Junebug Clark / Contributing Photographer

Neal Smatresk chats with faculty and staff at a gathering.  Junebug Clark | Contributing Photographer

“We’re on a really good course in terms of goal setting,” Smatresk said of his present term. “I think we’re really doing well as a university.”

While only a simple majority is needed to reapprove the president, all 10 regents voted to keep Smatresk. Jackson also recommended the salary raise, which was approved by the regents.

The exact amount of the increase has not yet been determined, but will be based on the pay of other university presidents in the region. Smatresk is currently paid $505,000 base pay per year, not including bonuses or allowances he could receive if approved by the board.

“I have never once asked for a raise in my life,” Smatresk said. “But if people choose to give me a raise, I’m not going to turn it down.”

Smatresk said the reapproval does not change his plans for the university, though he is considering accelerating current plans.

“We’ve got fairly aggressive plans for growing the academic and research components,” Smatresk said. “It’s nice to know those plans won’t necessarily be changing soon.”

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