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W&M president, other top leaders taking pay cuts

Posted at 12:31 PM, Aug 15, 2020
and last updated 2020-08-15 12:31:05-04

WILLIAMSBURG, Va. -- Top leaders at the College of William & Mary are taking pay cuts in response to financial uncertainty related to the COVID-19 pandemic.

President Katherine Rowe will ask the governing board of the Williamsburg school to decrease her compensation by 15% through the end of 2020.

The school provost and chief operating officer already have voluntary reduced compensation by 12%.

These reductions and a voluntary furlough program are part of cost-reduction moves designed to prepare for significant funding gaps.

Classes start on Wednesday.