LAS CRUCES, N.M. (AP) A draft five-year contract would pay Garrey Carruthers a $385,000 annual salary to be New Mexico State University's president. The salary is the same as former NMSU President Barbara Couture received, and she got $453,000 under a separation agreement with the regents.
The Las Cruces Sun-News reports that the draft contract for Carruthers doesn't have a provision for a separation payment. The regents could terminate the contract immediately by a majority vote, but it requires Carruthers to give six months' notice if he resigns. He'd otherwise be liable for six months of salary.
The NMSU Board of Regents planned to consider the draft contract during a Friday afternoon meeting. The regents chose Carruthers last week.