From the Marshall President today (Monday 4/27:
With this in mind, I have already put the following actions into motion:
Marshall University has been through even tougher times than this, and we have a history of perseverance. Although the short term may be challenging, I am certain we will come out much stronger for the future.
Please stay safe and healthy. I look forward to when we can all be together again.
Sincerely,
Jerome A. Gilbert, Ph.D.
President
With this in mind, I have already put the following actions into motion:
- I have asked Chief Financial Officer Mark Robinson to convene a budget work group made up of representatives of the student body, the faculty and the staff. The group will begin meeting virtually on Tuesday to help identify ways to make significant reductions to the university budget for the coming year. I am sorry to say that these cuts will be deep and they will be painful. I have charged the group with identifying savings of $15-25 million. Nothing is off the table, so if you have ideas, I urge you to complete our online form. All submissions will be forwarded to the university’s leadership team for consideration.
- We have put a hard freeze on all hiring of faculty and staff until further notice. Senior leadership is reviewing positions currently posted to decide which are critical to university operations and which can wait.
- We have placed a hold on all state-funded travel for the next year.
- Athletics leadership is planning for significant budget reductions next year. There is considerable uncertainty right now about the future of intercollegiate athletics at all levels, so they will need to be proactive about managing their budget, too. Reorganization and reductions will be necessary in Athletics just as they will be in the rest of the university’s operations.
- Beginning June 1 and extending for up to one year, Provost Taylor and I are taking voluntary pay cuts of 10% and 15%, respectively. Everyone at Marshall will have to make sacrifices in the coming months and, as two of the university’s highest-paid administrators, we wanted the savings to start with us.
Marshall University has been through even tougher times than this, and we have a history of perseverance. Although the short term may be challenging, I am certain we will come out much stronger for the future.
Please stay safe and healthy. I look forward to when we can all be together again.
Sincerely,
Jerome A. Gilbert, Ph.D.
President