James P. Clements’ salary of $900,000 over two years is nearly $200,000 more each year than former WVUÂ president Mike Garrison earned. Clements will also receive annual salary increases as long as he remains as president, according to his employment agreement with WVU. (You can also view that letter here.)
The agreement with the WVU Board of Governors also spells out automobile, air service and other means of transportation and travel available to Clements, his wife and children. Vehicles will be provided to Clements and his wife, Beth, no later than July 1.
Clements will also have access to a presidential discretionary account, as determined by the WVU Foundation, for any University-related purpose, which includes business entertainment.
Beth Clements can be reimbursed by the university or the WVU Foundation when she devotes “substantial time and energy” to WVU activities.
President-elect Clements will also be reimbursed up to $24,000 for moving expenses, which might include short-term housing needs.
If Clements is terminated without cause prior to June 30, 2010, he would be entitled to 12 months salary after the termination date. If he is terminated without cause after June 30, 2010, but prior to June 30, 2011, he would be entitled to six months of pay.