Concordia president's salary going up

ConU’s presidential salary will be rising.

According to a report by The Link, Alan Shepard’s salary will be $ 357 000 a year. This rise is $7 000 more per year than the last three presidents.

According to his contract which was obtained by The Link, Shepard will also receive $4 200 per month as a housing allowance.

The news of the rise in salary has not been well received among Concordia students. Concordia student and former undergrad rep on Concordia’s Board of Governors, Cameron Monagle took issue with how Shepard’s contract was negotiated last Spring.

With this increase Concordia University’s presidents remain some of the highest paid in the province.

Flickr photo by: Viola Ng