University of Illinois' new president likely to be paid more

URBANA - The University of Illinois is searching for a new president, and one employee of a firm that's aiding in the search says the school should expect to pay more than what current President Bob Easter earns.

On Wednesday, Parker Executive Search employee Laurie Wilder presented data to the university's search committee, suggesting that the new president should expect a salary in line with U of I's status as a top university.

According to university spokesman Jan Dennis, Wilder informed committee members the average salary for Big Ten presidents is $780,000 a year, and the average for presidents at top public universities is $969,000.  Easter is paid $552,375.

University officials hope to have a new president hired by November.  Easter has announced his intent to retire at the end of June.

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