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Trustees Vote To Extend FMU President's Contract

FLORENCE---The Francis Marion University Board of Trustees voted to extend the contract of President Fred Carter during its quarterly meeting Friday (April 20).

 Board chairman Robert E. Lee was authorized by the board to negotiate an 18-month an extension to Carter’s contract.  Lee said this extension would keep Carter at FMU through summer 2007.

“This is something the Board of Trustees wanted to do to show President Carter how much we appreciate the outstanding job he’s doing at FMU,” said Lee, a Florence attorney.  “We are so pleased with his performance that we are committed to keeping him at FMU for as long as he wants to stay.”

Carter also serves as a tenured professor of political science, and at his request teaches one course per semester.

 As president, Carter is responsible for providing educational services 

to more than 3,600 students, an annual operating budget of $38.1 million, nearly 500 employees and a physical plant worth about $120 million.

The trustees also approved a resolution authorizing the university to outsource or privatize service operations where quality, efficiency and financial performance may reasonably be anticipated.  The two areas where the university will seek proposals will be in operation of its dining services and its bookstore.

 In other action, the trustees named Morgan B. Coker dean emeritus of the FMU School of Business.  Coker was the first chair and founding dean of the School of Business.   Now retired, Coker was a member of the FMU faculty from 1971 to 1989.

 Because of the uncertainty of the state’s budget situation, George McIntyre of Bennettsville, chairman of the board’s financial affairs committee, said that there would probably be a special meeting around the third week of June to consider a tuition increase. 

The trustees also re-elected Lee as chairman for next year, along with Gail Ness Richardson of Barnwell as vice chairman and Teresa Anderson of Florence as secretary.

#193 / 4-20-01

Last Published: February 14, 2006 6:38 AM
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