by Moxye Staff
Morgan State University President David Wilson will be sticking around a while longer. The university’s board of regents announced a five-year contract extension Wednesday that will keep Wilson with the school through 2023. Wilson took the helm at Morgan State in July 2010 as the Baltimore institution’s 10th president.
Under the new agreement, Wilson will receive a 3 percent increase, bringing his annual salary to $445,737, along with a deferred compensation retirement plan. Wilson has said he plans to reinvest the additional money back into the university over the next several years. He will also relinquish his right to professional tenure at Morgan State at the conclusion of his time as president. All new terms are effective immediately.
“The Board of Regents of Morgan State University has been generally very pleased with the performance, administration and leadership of Dr. David Wilson during his tenure as university president and the board wishes to underscore that satisfaction in good faith with a five year employment contract,” Board Chair, Kweisi Mfume, said in a statement. “We hope that this demonstrated commitment signals to donors, potential donors, our governor, the state legislature, the larger world of academia, alumni, supporters and most of all our students, that we support the leadership of President Wilson.”
Morgan State highlighted several of the contributions Wilson has made thus far in Wednesday’s announcement:
He established a 10-year Strategic Plan to act as a blueprint for building a transformative educational environment for current and future Morgan State students.
He spearheaded the founding of the new School of Global Journalism and Communication.
He oversaw the expansion of a new West Campus and of campus construction valued at more than $271 million. There are also plans for another $300 million committed over the next several years, toward the construction of the Health and Human Services Building and a new Science Complex.
He launched the “$5 Endowed Scholarship Fund,” which is currently valued at $1,041,227, to assist students looking to participate in Morgan State’s Study Abroad Program. Wilson personally contributed more than $107,000 to the effort.
He established Morgan State’s first online degree program. The school now has 10 online degree programs and four certificate programs.
He launched the university’s “50 by 25” initiative to boost the graduation rate by more than 35 percent.
And since Wilson has been president, enrollment has increased to nearly 8,000 students, the endowment has increased 123 percent, from $14.3 million to $31.8 million, and there has been a 183 percent increase in the alumni participation-in-giving rate.
“It is a true honor to be in a position to continue serving as Morgan’s president with the backing and support of the board of regents,” Wilson said in a statement. “I appreciate the board’s confidence in my ability to lead this university as well as their belief that we are indeed on the right path to securing a stronger position for the future. Morgan is a great university, and I welcome this opportunity to extend my time working alongside such an exceptional faculty and staff in service to our brilliant and phenomenal students.”