Richters’ Appointment Terms Said

A copy of the Appointment Letter of Dr. Stephen Richters, Interim President of the University of Louisiana at Monroe (ULM) has been obtained from the University of Louisiana System (ULS). His appointment was formally made this morning in Baton Rouge at a meeting of the board.

See the document here.

Among the highlights:

Salary: $252,866/year
Car Allowance: $900/month for personally owned vehicle, $600/month for vehicle provided by affiliated entity.
Food & Beverage Allowance: Per ULS Rules, Part II, Chapter III, Section IV-C: Presidential Expenses. In accordance with applicable state policies and procedures, an institution shall make adequate provisions within an appropriate expenditure category of its operating budget for funding of campus-related activities and functions that the institution president is expected to host and furnish. Expenditures for these activities may encompass items such as food, beverages, flowers, decorations, and other entertainment-related expenses.

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