FAYETTEVILLE, Ark. (AP) -The University of Arkansas Board of Trustees has
approved a 3.1 percent salary increase for the chancellor at the system’s flagship campus in Fayetteville.
The raise for Joe Steinmetz, approved Tuesday, brings his annual total
compensation to $714,000. According to the Arkansas Democrat-Gazette, that
amount includes an annual salary of $464,000 and annual deferred compensation of $250,000 for Steinmetz.
The board of trustees also approved pay increases for other employees Tuesday during a teleconference meeting, including 10 percent increases for the deans of UA’s Fay Jones School of Architecture and Design and the J. William Fulbright College of Arts and Sciences.
Also Tuesday, the board approved a 2.1 percent pay increase for UA Chancellor Emeritus G. David Gearhart, bringing his annual salary to just under $290,000.
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