Alabama State University has released the employment contract of its new president, Gwendolyn Boyd, who takes charge the embattled institution Feb. 1. For her services, Boyd, an ASU alum and 33-year veteran of Johns Hopkins University's Applied Physics Laboratory, will receive an annual salary of $300,000.
That contract duration is two years after which time the board of trustees will have the option of extending the deal for another two years.
In addition to standard fringe benefits such as participation in the state retirement system, medical and life insurance and workers compensation insurance, the university will pay Boyd $1,000 per month for the use of her personal vehicle.
The board of trustees will maintain liability insurance on that vehicle, and the university shall provide Boyd a credit card for the cost of maintenance and fuel. The university will also pay for the cost of registering the vehicle.