William & Mary president, other top leaders taking pay cuts

William & Mary sign
Posted at 5:02 PM, Aug 15, 2020
and last updated 2020-08-15 17:03:33-04

WILLIAMSBURG, Va. (AP) — 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.