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University of Iowa presidential search costs start to trickle in

cigaretteman

HB King
May 29, 2001
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Members of the 21-person search committee charged with identifying candidates to become the next University of Iowa president have requested $15,830 in expense reimbursements to date.

But UI officials say they expect reimbursement requests from search committee members to continue to trickle in, and Parker Executive Search — the firm hired to facilitate the process — hasn’t yet submitted a bill. The Parker bill is expected to include its $200,000 services charge plus additional expenses for candidate travel, lodging, food and other costs.

The $15,830 charged to date includes $4,431 for travel, $6,377 for publication expenses, $2,282 for food and beverages, and $1,523 for “event services.”

For the Iowa State University search that netted President Steven Leath in 2011, final expenses totaled more than $38,000, including $17,000 for travel costs and $14,000 for interview expenses.

The Board of Regents used Parker for that search as well but paid the firm $95,000 for its services, less than half the $200,000 charged this time around. The board also used Parker in 2012 for its University of Northern Iowa presidential search, paying the consultant $90,000 in that case.

For the most recent UI presidential search, search committee members traveled to Chicago in early August to interview nine prospects at the Hyatt Regency O’Hare. From that pool of nine, four candidates were brought to the UI campus in late August and early September.

Those candidates came from Oberlin, Ohio — Oberlin College President Marvin Krislov; New Orleans, La., – Tulane University Provost Michael Bernstein; Columbus, Ohio — Ohio State University Provost Joseph Steinmetz; and Avon, Colo. — former IBM executive J. Bruce Harreld.

They were brought to campus one-by-one — on a Thursday, Friday, Monday and Tuesday. Following those individual visits, they all were brought in for final interviews with the Board of Regents two days later. And Harreld was hired as the 21st UI president that same day.

UI records officials on Friday said they have not yet seen reimbursement requests from any candidates.

Earlier this week, UI faculty members and students passed votes of “no confidence” in the regents for its appointment of Harreld — despite widespread and vocal concern that he’s not qualified for the job.

The votes aimed to reflect “no confidence” in the board’s ability to govern the institutions and in its ability to fulfill its mission and values. And both faculty and students criticized the board for being wasteful, accusing it of bringing three candidates to campus who it never intended to hire and paying a premium to a search firm that missed “glaring errors” in Harreld’s resume.

“The sense of waste in the whole process of our time and of our energy and all of that is pretty devastating,” said UI Faculty Senate President Christina Bohannan during the Tuesday meeting that resulted in the no confidence vote.

Board of Regents President Bruce Rastetter addressed the votes during the board’s regularly scheduled meeting Wednesday, saying those critics were not the only people he heard from. And, he said, the board believes Harreld presented the best vision and plan for moving the university beyond the status quo.

http://www.thegazette.com/subject/n...ial-search-costs-start-to-trickle-in-20150911
 
It seems like Rastetter is being disingenuous when he talks about wanting to cut costs in the state school system. He wasted money on Parker when the candidate was all lined up. Then, he gave Harreld a big raise even though Harreld has said he faces a steep learning curve to get up to speed to do the job.
 
Members of the 21-person search committee charged with identifying candidates to become the next University of Iowa president have requested $15,830 in expense reimbursements to date.

But UI officials say they expect reimbursement requests from search committee members to continue to trickle in, and Parker Executive Search — the firm hired to facilitate the process — hasn’t yet submitted a bill. The Parker bill is expected to include its $200,000 services charge plus additional expenses for candidate travel, lodging, food and other costs.

The $15,830 charged to date includes $4,431 for travel, $6,377 for publication expenses, $2,282 for food and beverages, and $1,523 for “event services.”

For the Iowa State University search that netted President Steven Leath in 2011, final expenses totaled more than $38,000, including $17,000 for travel costs and $14,000 for interview expenses.

The Board of Regents used Parker for that search as well but paid the firm $95,000 for its services, less than half the $200,000 charged this time around. The board also used Parker in 2012 for its University of Northern Iowa presidential search, paying the consultant $90,000 in that case.

For the most recent UI presidential search, search committee members traveled to Chicago in early August to interview nine prospects at the Hyatt Regency O’Hare. From that pool of nine, four candidates were brought to the UI campus in late August and early September.

Those candidates came from Oberlin, Ohio — Oberlin College President Marvin Krislov; New Orleans, La., – Tulane University Provost Michael Bernstein; Columbus, Ohio — Ohio State University Provost Joseph Steinmetz; and Avon, Colo. — former IBM executive J. Bruce Harreld.

They were brought to campus one-by-one — on a Thursday, Friday, Monday and Tuesday. Following those individual visits, they all were brought in for final interviews with the Board of Regents two days later. And Harreld was hired as the 21st UI president that same day.

UI records officials on Friday said they have not yet seen reimbursement requests from any candidates.

Earlier this week, UI faculty members and students passed votes of “no confidence” in the regents for its appointment of Harreld — despite widespread and vocal concern that he’s not qualified for the job.

The votes aimed to reflect “no confidence” in the board’s ability to govern the institutions and in its ability to fulfill its mission and values. And both faculty and students criticized the board for being wasteful, accusing it of bringing three candidates to campus who it never intended to hire and paying a premium to a search firm that missed “glaring errors” in Harreld’s resume.

“The sense of waste in the whole process of our time and of our energy and all of that is pretty devastating,” said UI Faculty Senate President Christina Bohannan during the Tuesday meeting that resulted in the no confidence vote.

Board of Regents President Bruce Rastetter addressed the votes during the board’s regularly scheduled meeting Wednesday, saying those critics were not the only people he heard from. And, he said, the board believes Harreld presented the best vision and plan for moving the university beyond the status quo.

http://www.thegazette.com/subject/n...ial-search-costs-start-to-trickle-in-20150911

I will let you all in on a little secret, the budget for the UI is over 3B a year. 1B goes to the academic side, and 2B is for the business side, the UIHC. The UIHC is run almost exclusively as a business. Academia is not steering the ship, the hospital is. And all of the research dollars that come in to UI, almost all of it is from the hospital. It is all about money, Strategic Plans, and creating measureable metrics to evaluate performance to the plan. Academia is just along for the ride. Unless they want to disown the hospital and strike out on their own.
 
I will let you all in on a little secret, the budget for the UI is over 3B a year. 1B goes to the academic side, and 2B is for the business side, the UIHC. The UIHC is run almost exclusively as a business. Academia is not steering the ship, the hospital is. And all of the research dollars that come in to UI, almost all of it is from the hospital. It is all about money, Strategic Plans, and creating measureable metrics to evaluate performance to the plan. Academia is just along for the ride. Unless they want to disown the hospital and strike out on their own.

I think I read somewhere that the cost incurred to hire a new University president will be less than the weekly electric bill at the UIHC. Yet, we will have people outraged by it.
 
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I think I read somewhere that the cost incurred to hire a new University president will be less than the weekly electric bill at the UIHC. Yet, we will have people outraged by it.

Not sure what they have to do with each other. If I have $10 to spend on dinner tonight and plan to get pizza, so I get a $5 pizza, but just to be safe I get $5 worth of Micky D's even though I never had any intention of eating it; it's still stupid to spend the money. The fact that its still significantly less than my car payment doesn't mean it still wasn't stupid.
 
Not sure what they have to do with each other. If I have $10 to spend on dinner tonight and plan to get pizza, so I get a $5 pizza, but just to be safe I get $5 worth of Micky D's even though I never had any intention of eating it; it's still stupid to spend the money. The fact that its still significantly less than my car payment doesn't mean it still wasn't stupid.

WTF?
 
Not sure what they have to do with each other. If I have $10 to spend on dinner tonight and plan to get pizza, so I get a $5 pizza, but just to be safe I get $5 worth of Micky D's even though I never had any intention of eating it; it's still stupid to spend the money. The fact that its still significantly less than my car payment doesn't mean it still wasn't stupid.

Analogy would be better if you bought the McDonald's just so you could tell people you werent sure whether you wanted pizza.
 
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It takes money to hire outstanding candidates and UI did it up right. Congrats.
 
Could have used that to try and get Skoton back.

Too late. Skorton's done well for himself since leaving UI. He's Secretary of the Smithsonian Institution now. I know Boyd retired from the Field Museum and came back to the university. Maybe someday, so will Skorton.
 
Boyd came back as a law prof and was interim president once. Skorton is gone.

Maybe it makes some sense to split the hospital off from the rest of the UI. Its not a business. It has to take non paying patients as well.

Best case scenario; BH just focuses on monetizing patents and leaves the CLAS alone and lets the Dean run it.
 
I will let you all in on a little secret, the budget for the UI is over 3B a year. 1B goes to the academic side, and 2B is for the business side, the UIHC. The UIHC is run almost exclusively as a business. Academia is not steering the ship, the hospital is. And all of the research dollars that come in to UI, almost all of it is from the hospital. It is all about money, Strategic Plans, and creating measureable metrics to evaluate performance to the plan. Academia is just along for the ride. Unless they want to disown the hospital and strike out on their own.
Wish they would.
 
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