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New FSU president: Dr. Richard McCullough

Posted at 12:11 PM, Jun 23, 2021
and last updated 2021-06-23 14:57:56-04

TALLAHASSEE, Fla. (WTXL) — The Florida Board of Governors approved Dr. Richard McCullough as the new president of the university Wednesday.

Dr. Richard McCullough's said he’s incredibly excited and a little stunned at being chosen as Florida State University’s next president.

“I just can't wait to get there and get to work. Although, I am working already,” McCullough told ABC 27 in a one-on-one interview in May.

President-Elect Richard McCullough Employment Contract:

The terms reflect standard provisions contained in presidential employment contracts nationally and within the Florida SUS. Specifically:

  • 5-year employment contract term beginning August 16, 2021
  • Proposed base salary of $700,000
  • Car allowance of $1,000 per month
  • Startup package and signing bonus for moving expenses
  • Standard University benefits (health, disability, life, retirement)
  • 25% of base salary for retirement/deferred compensation
  • Requirement to reside in the University-owned President's house
  • Provides for annual performance bonus up to $150,000 Provides for retention payment of $500,000 after completion of 5 years
  • Allows for termination with or without cause
  • Requires 90 days' notice of resignation
  • Appointment as Full Professor in the College of Arts and Sciences