University of Alaska regents rescind president's bonus; Gamble says timing was wrong

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ANCHORAGE, Alaska — University of Alaska regents have rescinded a proposed bonus to UA President Pat Gamble at his request.

KTUU-TV (http://bit.ly/1Bpxmdk) reports the vote Monday was 9-1 to rescind the $320,000 bonus that the board had approved if Gamble remained in the post through 2016.

Gamble last week said the timing of the bonus — equal to a year of his salary — was not right. He said that with budget concerns and enrollment challenges, the bonus had become a negative distraction.

Regent Fuller Cowell voted against rescinding the bonus. He says the university wants to attract high-quality leaders and the vote sets a bad precedent.

Gamble says he appreciates the support of the board.


Information from: KTUU-TV, http://www.ktuu.com

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