MADISON, WI (WTAQ) - The next president of the University of Wisconsin System could make a lot more money than the outgoing president.
The UW Board of Regents will consider higher salary ranges for all of its top executives, plus pay hikes for the current chancellors at campuses throughout the state.
Regents' president Michael Falbo says UW chancellors, like other state employees, have not been given pay raises in five years. He says it's more economical to keep the UW's talented leaders, instead of watching them leave for other schools that pay a lot more.
UW President Kevin Reilly, who's leaving at the end of the year, now makes $418,000 a year. The proposed pay range for the next president would be between $399,000 and $598,000.
The next provost at UW-Madison could also be in for a six-figure increase from the current range.
The Regents' business and finance panel will consider the higher pay scales and chancellors' raises Thursday.
A final vote is expected Friday during the full Regents' meeting at UW-Parkside near Kenosha.