Radford Univ. president Kyle awarded $1 million bonus, new 5-year contract

Tim Goral's picture

Patience can be as rewarding as it is virtuous.

After five sometimes tumultuous years, Radford University President Penelope Kyle recently qualified for a controversial $1 million “stay bonus” approved in 2009.

Additionally, a new five-year contract became effective this month and provides a significant potential boost in Kyle’s deferred compensation, as well as one other perk. A new post-presidential consulting provision could be worth nearly $1,000 a day at Kyle’s current salary.

Radford Board of Visitors Rector Linda Whitley-Taylor could not be reached for an interview, but wrote in an email that the board “sets ambitious goals for the President to advance RU and position it for the future. Through her hard work and commitment she has been successful in leading the institution to achieve these goals.

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