University of Missouri System President Mun Choie announced an end to the university’s executive performance incentives effective immediately. The decision comes in the wake of a report by Missouri State Auditor Nicole Galloway that pointed to hidden bonuses, incentives and allowances to the tune of more than $2 million paid to UM System administrators and executives.
Choi made the announcement through a news release on Friday morning.
“As the state’s premier public university, we owe it to the state’s taxpayers and our stakeholders to be transparent with respect to what we are trying to accomplish as we move the university forward,” Choi said in the release. “To that end, I will explore options for making our executive performance practices more effective, with any changes fully vetted with the Board of Curators.”
Gall0way’s report sparked ire towards the university administration, including a Facebook post by Missouri Governor Eric Greitens criticizing the system leadership for the incentive pay and lack of performance standards. “I’m all for good pay for people who do a good job, but I won’t support giving tax dollars to people without proven results. And I definitely won’t support doing that at the expense of students and families,” Greitens wrote.
In a draft resolution, the MU Faculty Council denounced the “hidden bonuses and payments” given to UM System officials “during a period of severe austerity.” Some of the payments made could have violated Missouri’s constitution, according to Galloway.
In addition to elimination of the incentive program, Choi said he had ordered a comprehensive review of all elements of compensation for UM System executives, along with exploring options to make executive performance practices more effective under the supervision of the Board of Curators.