Colorado Daily

Interim president contract approved

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The university of Colorado Board of regents approved a $750,000 annual contract for incoming interim President Todd Saliman, who transition­s from his current position as chief financial officer to the interim role on July 1.

Saliman’s annual salary is $100,000 less than outgoing President Mark Kennedy. Saliman will also receive $15,000 per year for transporta­tion expenses.

The contract stipulates that Saliman will not apply for the permanent president position and will return to his current role as Vice President for Budget and Finance when the Board of regents completes the presidenti­al search.

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