A meeting of the Compensation Committee of the Board of Trustees convened at 8:56 a.m. CDT on Friday, April 6, 2018, in the Great Hall of the Dworkin Student Services and Activities Complex on the Westville, Indiana, campus of Purdue University Northwest.

All members of the Committee were present: Thomas Spurgeon, chair; Gary Lehman; and Don Thompson. All other trustees were present: Sonny Beck; Michael Berghoff; JoAnn Brouillette; Vanessa Castagna; Malcolm DeKryger; Michael Klipsch; and Daniel Romary.

Officers and administrators in attendance were: Mitch Daniels, president; Jay Akridge, provost and executive vice president for academic affairs and diversity; Steve Schultz, legal counsel; Janice Indrutz, corporate secretary and executive assistant to the Board; Ron Elsenbaumer, chancellor of Purdue University Fort Wayne (PFW); and Tom Keon, chancellor of Purdue University Northwest (PNW).

I. APPROVAL OF MINUTES

Upon proper motion made and duly seconded, the Compensation Committee voted unanimously to approve the minutes of its last meeting held on December 8, 2017.

II. APPROVAL TO AMEND AND ADOPT REVISED SUMMER PAY POLICY

Because Treasurer Sullivan could not be in attendance for the meeting, Trustee Spurgeon called on Legal Counsel Schultz to explain the request to amend and adopt the revised summer pay policy. Mr. Schultz referred to a memo authored by Treasurer Sullivan which had been provided to the members of the Board and outlined the following three requests related to summer pay for academic year faculty and staff: 1) make permanent an interim policy change the Board had approved in April 2012, which affixed the rate of pay for summer employment of academic year faculty and staff at a weekly rate of 2.778% of the faculty or staff member’s annual salary, an increase from 2.5%; 2) change the number of compensable weeks for academic year faculty summer employment from 12 weeks to 13 weeks; and 3) grant authority to the treasurer to establish policies, procedures, and administrative practices to formalize these changes. Mr. Schultz explained the basis for the requests, about which the Committee had no questions or comments. Upon proper motion duly made and seconded, the Compensation Committee voted unanimously to recommend full Board approval of the requests with regard to summer pay as outlined by Mr. Schultz. A supporting document was filed with the minutes.

III. ADJOURNMENT

By consent, the meeting adjourned at 9:00 a.m. CDT.