In its second annual review of The University of Toledo President Sharon L. Gaber, the UT Board of Trustees recognized her leadership in providing an ambitious strategic direction for the institution.
“In Dr. Gaber, we see a leader who is fully engaged in moving all components of the University forward,” Board Chair Steven Cavanaugh said. “She devotes enormous energy to representing the University to the community, alumni and donors. It’s a 24/7 job, and she has embraced that with grace.”
The recent adoption of the strategic plan, called The University of Toledo’s Path to Excellence, which aims for UT to become a top 100 public research university, was among the criteria the trustees used to evaluate the president’s second year at the University.
The board also recognized Gaber, who began her tenure as UT’s 17th president July 1, 2015, for improving the financial health of the institution, enhancing student enrollment and retention, increasing fundraising, implementing a diversity plan, and re-energizing research and the scholarly reputation of the University.
“The 2016-17 academic year was a year of progress on our road to excellence, but we still have much to do to reach our full potential. The bar moves higher every year,” Cavanaugh said. “What encourages me is that I know Dr. Gaber feels exactly the same way.”
As part of the performance review, the board voted to give Gaber a performance incentive of 20 percent of her salary per her hiring contract. Gaber requested that the performance incentive compensation be deferred until late September after fall enrollment is reviewed. Funding comes from unrestricted funds that were generated from investment earnings and allocated to a Board of Trustees account with the UT Foundation.
Discussion of a salary increase for Gaber has been deferred until the fall when enrollment numbers are reviewed and compensation for professional staff is determined.
Cavanaugh described the board’s philosophy for executive compensation saying that leadership is a key variable in determining the performance of an institution, and the president needs to be held accountable for achieving meaningful goals to move the institution forward.