Mangum to earn $425,000 annual base salary from proposed contract

This morning, the FAMU Board of Trustees will meet to approve a contract offer for Elmira Mangum, the 11th president-designate.

The Tampa Bay Times obtained a copy of the document and posted highlights. If approved, Mangum will earn $100,000 more in base salary than her predecessor did he he began back in 2007. Former FAMU President James Ammons made a starting base salary of $325,000 per year when he was hired. Trustees increased his base salary to $341,250 in 2011. Mangum would make a starting base salary of $425,000 per year, with the possibility of a ten percent annual bonus ($42,500).

The proposed employment agreement is for three years with a starting date of April 1, 2014.

It does not appear that Mangum will have a “super-majority clause” similar to Ammons or former Florida Atlantic University Presidents Frank Brogan and Mary Jane Saunders. Their contracts all required a two-thirds vote of the Board of Trustees in order to terminate them with or without cause.

According to the Tampa Bay Times, “a majority of board members can vote to terminate Mangum at any time, though depending on whether or not the termination is ‘with cause’ there are different stipulations.”

Mangum also plans to live in the official university president’s house on 1810 S. Adams Street.

Below is the rest of the contract summary, as posted by the Tampa Bay Times:

• -An annuity equal to 15 percent of the base salary.
• -A car allowance of $1,000 a month.
• -The university will pay for membership in the private Governor’s Club, which is a well known networking and hobnobbing locale.
• -The university will also shoulder the costs of a membership to a yet-to-be-determined country club. Mangum is a recreational golfer.
• -A monthly cell phone allowance.
• -Mangum will be allowed to serve on the board of directors for private and non-profit organizations as long as she receives prior approval from the Board of Trustees. That includes compensated board appointments.
• -Upon taking the job, Mangum will be recognized as a tenured professor at FAMU’s College of Education . This means if/when she retires or steps down, she may remain on the faculty after taking a sabbatical.
• -A majority of board members can vote to terminate Mangum at any time, though depending on whether or not the termination is “with cause” there are different stipulations.
• -Mangum can resign at any time, as long as she gives the university 90-days notice.