The WSU Board of Regents unanimously approved president-elect Kirk Schulz’s employment contract at a special meeting on Friday.

Schulz, who is currently president of Kansas State University, will take over at WSU on June 13. He will receive an annual salary of $625,000, as well as a $25,000 retention payment at the end of each year.

The regents unanimously approved a resolution granting Schulz delegation of authority, allowing him to act on behalf of the Board of Regents in WSU administration and governmental matters, said Ryan Durkan, chair of the board.

Reporting by Darold Lee Bivens