Tallahassee, FL - (WTXL) ABC 27 has a sneak peek of what's in the contract of FAMU's new President-designee Dr. Elmira Mangum.
- Annual salary of $425,000
- $1,000 Monthly Car Allowance
- 10% Annual Performance Based Bonus
- An annuity equal to 15% of the base salary
- Upon taking the job she will be recognized as a tenured professor
The Florida Legislature caps the amount that a president can earn at $225,000 annually. The additional dollars will be paid by the FAMU Foundation.
The Florida A&M University (FAMU) Board of Trustees will meet Friday, Jan. 31 at 10 a.m. to approve the employment contract of President-Select Dr. Elmira Mangum.
Upon confirmation by the Board of Governors, Mangum will become the school's first female president. Mangum, 60, said FAMU is ready to move forward after recent controversies, including the hazing death of a drum major and accreditation probation.
The public may access the meeting by dialing (877) 884-1929. The conference ID number is 54810549. For more information click here or call (850) 599-3413.
