1. FGCU Presidential Compensation Preliminary Review

2. Base Components Base Salary: – Begins at $358,864 – “Targeted” for 5% annual increases based on a “satisfactory review” by the BoT – For 2016-2017 Base Salary with full 5% increases will be $436,201 “Base” Retention Bonus: – “Base” because it is a mandatory, non-performance based payment at end of fiscal year unless Dr. Bradshaw chooses to leave or is removed for cause* – Begins at $25,000 and increases by $25,000 per year to $125,000in 2016-2017 – Totals $375,000 over five years Long Term Disability – “Dr. Bradshaw will be reimbursed up to $8,000 (less taxes) for purchase….”

3. Performance Components Performance Raise – “…the annual base salary will be increased up to 5% (5% being the target) at the board’s sole discretion, effective each July 1 based upon a satisfactory annual review by the Board.” – All raises to date have been increased to the maximum amount of the contract. Performance Bonus – “…satisfactory services (defined as meeting or exceeding goals set by the President and approved by the Board)…performance incentives of $80,000…may be awarded….” – “if the President has not met all his goals, the Board may, at its sole discretion, award performance incentives up to $80,000.” – The BoT has always awarded the full performance bonus during Dr. Bradshaw’s tenure. Some targets set in the performance goals have been missed.

4. Overview Does not include LTD reimbursement

5. Total Cash Compensation With Full Bonuses and Incentives 2012-2013 $ 463,864.00 2013-2014 $ 506,807.20 2014-2015 $ 550,647.56 2015-2016 $ 595,429.94 2016-2017 $ 641,201.43

6. SUSPeer Group and Aspirational Peers MGT completed a salary survey comparing Presidential compensation to: – SUS Schools – 78 Peer Institutions – 9 “Aspirational” Peer Institutions MGT proposed the compensation structure that was adopted by the board in its draft Employment Agreement.

7. SUS Total Compensation Comparison 1.UCF: $766,200 2.UF: $616,000 (plus possible $400,000 retention) 3.USF: $592,400 4.FIU:$550,000 5.UNF:$475,000 6.FGCU:$463,864 (first year plus bonuses) 7.FSU:$454,250 8.FAU:$446,750 9.FAMU:$364,000 10.NC:$326,662 11.UWF:$224,000 Source: MGT Analysis, Attachment 1; BOT Agenda Item 11; September 20, 2011 Meeting

8. 78 Peer Institutions Base salary comparison (not counting bonuses and incentives) – FGCU:$358,864 – Mean:$269,634 – Minimum:$150,336 – Median:$259,000 – 75 th %ile$310,660 – Maximum:$387,984

9. Aspirational Peers Appalachian State Eastern Kentucky James Madison Marshall Murray State Central Arkansas North Carolina- Wilmington South Alabama Western Kentucky Average:$334,266 Minimum:$246,568 Median:$305,620 75 th %ile:$382,433 Maximum:$486,948 FGCU: $358,864

10. ASPIRATIONAL PEER PERFORMANCE COMPARISONS All Data Taken from http://nces.ed.gov/ipeds/datacenter/http://nces.ed.gov/ipeds/datacenter/ National Center for Education Statistics, Standard Reports US Department of Education

11. Average Instructional Salary

12. Retention Rate

13. Undergraduate Total Enrollment

14. Total Unduplicated Headcount Graduate and Undergraduate

15. 4-Year Graduation Rate* *From the IPEDS Data Center “Graduation Rates” tab. “Frequently Used/Derived” tab generates a different view of graduation rates that is comparable but different.

16. 8-Year Graduation Rate *From the IPEDS Data Center “Graduation Rates” tab. “Frequently Used/Derived” tab generates a different view of graduation rates that is comparable but different.

17. Number of Instructional/Research/Public Service Staff

18. Number of Exec/Admin/Mgmt Staff

19. Total Unduplicated G & UG Headcount per Instructional/Research/Public Service FTE

20. Total Unduplicated G & UG Headcount per Executive/Administrative/Management FTE

21. Instructional/Research/Public Service FTE per Executive/Administrative/Management FTE

22. Instructional Expenses as a Percent of Total Core Expenses

23. Institutional Support Expenses as a Percent of Total Core Expenses

24. Institutional Support A functional expense category that includes expenses for the day- to-day operational support of the institution. Includes expenses for general administrative services, central executive-level activities concerned with management and long range planning, legal and fiscal operations, space management, employee personnel and records, logistical services such as purchasing and printing, and public relations and development. Also includes information technology expenses related to institutional support activities. Other Categories (GASB): – Academic Support – Other Core – Student Services – Public Service – Research

25. 2008-09: Instructional Credit Hours Per Instructional Faculty FTE

26. Total price for in-state students living on campus 2009-10