New ISU President Timothy Flanagan will have a salary of $350,000 a year. That does not include the value of some other perquisites of the office such as a car, a country club membership to assist in doing campus business, and use of the Presidential residence. Flanagan's salary is $50,000 less than the compensation for outgoing President Al Bowman. Bowman retires next week after a decade of service. Flannagan's initial contract is for three years. ISU Student Trustee Aaron Von Qualen says he is excited at Flanagan's appointment and believed the new leader is ready to step in and build on ISU's traditions. At his current job as President of Framingham State University in Massachusetts, Flanagan secured $175 million in capital investment in the last six years and established record-setting levels of fundraising and private support as part of the first comprehensive campaign in Framingham history.
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