Board settles Surles’ contract

The termination of former Eastern President Carol Surles’ contract was approved Monday during an executive session of the Board of Trustees.

Surles, who resigned in July to seek treatment for breast cancer, received a one-time sum of $115,728.36 as compensation, Shelly Flock, Media Relations director, said Tuesday.

During the executive session the board approved a final amendment to Surles’ contract, effectively ending her term, Flock said. The amendment states that Surles accepts the one-time payment as full and final compensation.

The amendment terminated her contract with the university as of July 31 and she was paid the sum on Aug. 31, the end of the following pay period. This was after Surles signed the contract amendment and release.

Surles has already received the payment, but Flock said she was not sure when Surles received it. The former president also received $5,920.73 as part of her annual leave.

During the executive session trustees also accepted a contract for interim President Lou Hencken with some revisions that will be finalized by the board counsel and chair. Hencken will receive a salary of $165,000 this year. His contract runs from Aug. 1, 2001 to Aug. 1, 2002 and contains provisions for extensions if necessary.

Flock said it was her understanding that some language changes were being made to the contract in order to tailor it to Hencken’s interim status.