Purdue’s Board of Trustees is set to finalize contracts for the university’s next president and football coach.
The Compensation Committee agreed to pay Mitch Daniels $420,000 annually.
Trustees chairman Keith Krach says the contract is performance-based.
“We will decide all of those (benchmarks) by June," he said. "From a directional standpoint it's along the lines student success, graduation rates, faculty excellence, philanthropic development those types of things.”