FAIRBORN, Ohio (WDTN) – The seventh president of Wright State University will start her job July 1.
2 NEWS obtained the contract offered to Cheryl Schrader from the Board of Trustees.
Schrader’s contract is for five years at Wright State with a possible two-year extension. Schrader will be paid a salary of $425,000 and is eligible for a 25-percent bonus each year.
She will be paid $36,000 to defer living expenses because she will not be living in university-owned property. The contract specifies that the private housing will be available for University use “from time to time.”
Schrader will also receive a $12,000 car allowance and will get $42,500 for moving expenses.
Click the image to the right to read the full contract.