Inside INdiana Business is reporting that the Purdue University Board of Trustees made several approvals this week, ranging from a sports betting policy to President Mitch Daniels’ “report card.”
The trustees approved the adoption of a sports wagering policy which bans faculty, staff and non-athlete students across the university system from gambling on sporting events involving any Purdue teams, coaches or student-athletes.
The university says this includes all Purdue-affiliated campuses, not just the main campus in West Lafayette.
After sports betting became legal in Indiana this year, some faculty members and the university’s Department of Intercollegiate Athletics urged the adoption of the policy.
Specific sanctioning guidelines have yet to be developed. The university says the vice provost for faculty affairs and vice president for human resources will develop the rules in conjunction with the Executive Policy Review Group.
The policy will become effective when officially published under EPRG procedures.
The university says Purdue faculty and staff would face discipline up to and including termination for violating the policy.
NCAA rules already prohibit wagering by certain officials of a university, student-athletes, and coaches, among others.
President Daniels’ Pay
The Purdue University Board of Trustees has given President Mitch Daniels very high marks for his performance of the 2018-19 school year. As such, the board approved his at-risk pay at 103 percent.
The at-risk portion of Daniels’ salary is based on performance outcomes of goals set by the board. It’s in addition to his base pay of $430,500. The four areas of performance are student affordability, student success, fundraising, and operations.The university says Daniels will receive approximately $222,000 in at-risk funds.
Tom Spurgeon, chair of the board’s Compensation Committee, says Daniels reached 11 of the 14 metrics that make up his at-risk pay. He exceeded the goal in three of the metrics, said Spurgeon.
The board pointed to several major university successes in rewarding Daniels:
- Purdue wrapped up the Ever True fundraising campaign with more than $2.5 billion total raised, surpassing the $2.019 billion goal by more than 25 percent.
- Purdue attracted new priority partnerships with the Saab fighter jet plant announced in May.
- New facilities for the College of Veterinary Medicine.
- Announcement of Gateway Complex for the College of Engineering and Purdue Polytechnic Institute.
Other Board Action:
The board of trustees approved the naming of an entryway at a teaching facility, currently under construction, for Nobel Prize recipient and Purdue chemistry professor Ei-Ichi Negishi.
In December 2010, he received the Nobel Prize in Chemistry for “developing metal-based reactions called palladium-catalyzed cross-coupling, that allow for easy and efficient synthesis of complex organic compounds,” according to the university.
The entrance and foyer in the future STEM teaching lab facility will be called the “Dr. Ei-Ichi Negishi Atrium.” He’s been a researcher at Purdue for more than 40 years.
Trustees also approved Guardian Life Insurance as third-party administrator for the university’s disability plans and Purdue University Global’s long-term disability plan. The university says the three-year, $4.7 million contract is expected to save the university $675,000 annually on long-term disability premiums, which means lower premium rates for employees.
The board voted to approve a new Master of Science degree in cybersecurity and trusted systems at IUPUI. The university says this program will focus on addressing local industry needs by delivering hands-on cybersecurity courses.