Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nasdaq  >  Alaska Communications Systems Group Inc    ALSK

SummaryQuotesChartsNewsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Alaska Communications : UA president's contract extended by 2 years

share with twitter share with LinkedIn share with facebook
share via e-mail
0
11/10/2017 | 04:00pm CET

Nov. 10--University of Alaska President Jim Johnsen will remain at the helm of the state's public university system until at least August 2022 after the UA Board of Regents voted Thursday to extend his contract by two years.

Johnsen's current annual base salary of $325,000 and his annual performance bonus of up to $75,000 will remain intact until Aug. 10, 2020. Johnsen and the regents will later negotiate his compensation for the following years, according to the amended contract.

In 2015-16, the average pay among public-college presidents nationwide who served the whole year was about $521,0000, according to The Chronicle of Higher Education, a publication that specializes in news for college faculty and administrators.

Johnsen, 60, took over as the UA president in August 2015. He had most recently worked as the senior vice president at Alaska Communications.

In the regent's unanimous vote Thursday to amend Johnsen's contract, they also agreed to keep him on a rolling five-year contract.

Every year, starting in August 2018, Johnsen's contract will be automatically extended for one additional year until he or the regents decide to stop the extensions.

Gloria O'Neill, chair of the board of regents, said the contract extension would give Johnsen time to complete "strategic goals," including increasing enrollment.

On Thursday, regents also approved tuition increases and operating and capital budget requests for next academic year.

___

(c)2017 the Alaska Dispatch News (Anchorage, Alaska)

Visit the Alaska Dispatch News (Anchorage, Alaska) at www.adn.com

Distributed by Tribune Content Agency, LLC.

© Tribune Content Agency, source Regional News

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on ALASKA COMMUNICATIONS SYST
11/16 GCI reports $9M loss in 3Q; gets OK for Liberty merger
11/16 ALASKA COMMUNICATIONS : gains in broadband as FCC funds slip
11/10 ALASKA COMMUNICATIONS : UA president's contract extended by 2 years
11/10 ALASKA COMMUNICATIONS : Expands Network with Satellite Offering
11/09 ALASKA COMMUNICATIONS : MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDIT..
11/08 ALASKA COMMUNICATIONS : posts 3Q profit
11/08 ALASKA COMMUNICATIONS : Reports Third Quarter 2017 Results
11/08 ALASKA COMMUNICATIONS SYSTEMS GROUP : Results of Operations and Financial Condi..
11/07 ALASKA COMMUNICATIONS : Expands Network with Satellite Offering
10/25 ALASKA COMMUNICATIONS : to Announce Q3 2017 Financial Results Nov. 8
More news
News from SeekingAlpha
11/08 Alaska Communications Systems Group, Inc. 2017 Q3 - Results - Earnings Call S..
11/08 Alaska Communications Systems Group's (ALSK) CEO Anand Vadapalli on Q3 2017 R..
11/08 Alaska Communications trims guidance; shares -7.7%
11/08 Alaska Communications misses by $0.02, misses on revenue
11/07 Notable earnings before Wednesday?s open
Financials ($)
Sales 2017 230 M
EBIT 2017 19,7 M
Net income 2017 -
Debt 2017 -
Yield 2017 -
P/E ratio 2017 -
P/E ratio 2018
Capi. / Sales 2017 0,49x
Capi. / Sales 2018 0,49x
Capitalization 112 M
Chart ALASKA COMMUNICATIONS SYST
Duration : Period :
Alaska Communications Syst Technical Analysis Chart | ALSK | US01167P1012 | 4-Traders
Technical analysis trends ALASKA COMMUNICATIONS SYST
Short TermMid-TermLong Term
TrendsBearishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 1
Average target price 2,90 $
Spread / Average Target 36%
Managers
NameTitle
Anand Vadapalli President, Chief Executive Officer & Director
Edward J. Hayes Chairman
Laurie M. Butcher Principal Financial & Accounting Officer, SVP
Peter D. Ley Independent Director
David W. Karp Independent Director
Sector and Competitors