University of Illinois President Timothy Killeen will be paid a $100,000 performance bonus for his first year on the job. Under his contract, the bonus was the maximum Killeen could have received for reaching performance goals. His salary is $600,000 per year.
Killeen leads the university system and its campuses in Urbana-Champaign, Chicago and Springfield. He finished his first year on the job in May. The university has increased enrollment on all three campuses during that period.
Killeen also has pushed cost-cutting measures intended to help the three campuses deal with diminished state funding and the ongoing state budget crisis. And for tuition freezes that trustees agreed to.
