UPDATE | YSU trustees extend Tressel contract

YOUNGSTOWN — Youngstown State University trustees today extended President Jim Tressel's contract for at least one more year continuing his annual salary of $300,000.

“In his two and a half years at the helm of YSU, Jim Tressel has led efforts to increase enrollment and retention, raise a record amount of gifts, balance our budget and re-energize the campus and the community,” said Carole Weimer, chair of the YSU Board of Trustees, in a news release.

“We look forward to President Tressel’s continued leadership as we steadfastly pursue excellence across campus and the entire region.”

Tressel thanked the board members for their confidence.

“We are excited about the team we have put into place and the opportunities that exist here at YSU and in the Mahoning Valley,” he said. “We have certainly accomplished much, but we have much more work ahead of us. Ellen and I look forward to working with everyone on campus and throughout the community to increase our excellence in all that we do.”

Tressel was named YSU’s ninth president in 2014 and is under contract through June 2017. The new agreement calls for a one-year extension through June 2018. It also calls for three separate additional one-year extension options that could extend the contract through June 2021.