|
COPYRIGHT 2002 Knight-Ridder/Tribune Business News
By Linda B. Blackford, Lexington Herald-Leader, Ky. Knight Ridder/Tribune Business News
Jun. 30--In the year since he left the University of Kentucky presidency to become a fund-raiser for the school, Charles Wethington has traveled from Boston to Florida to the local lunch circuit in pursuit of potential donors.
But there are questions about whether Wethington's fund raising is worth the nearly $400,000 a year -- in salary and administrative expenses -- that he costs UK at a time when its budget is strapped and the financial situation appears gloomy for the foreseeable future.
While UK officials say they're satisfied with what Wethington is doing to earn his $265,000 salary, they can't quantify his work or accomplishments.
"It's a terrible way to spend money," said Joan Callahan, director of UK's women's studies department. "Why is this going on when the university can't give its faculty members raises?"
Because of state budget cuts, President Lee Todd elected this year to give one-time merit bonuses of up to 3 percent instead of recurring raises.
UK officials say there is no way to assess exactly what Wethington is bringing to the university in his new role.
"He has done everything we've asked...
Read the full article for free courtesy of your local library.
|