Personnel and Compensation Committee
Executive Incentive Compensation Plan
September 27, 2018
Danny Gibbs, Vice Chancellor for Business and
PRESENTATION REQUIREMENT: 5 minutes with discussion
Roll Call Vote
At the June Board meeting, the Committee reviewed and approved the executive
incentive compensation plan payments.
Since that time Chancellor Tydings has identified a discrepancy in the original
request for President Bill Seymour of Cleveland State Community College that needs
to be corrected. While the incentive payment request included an amount for
President Bill Seymour, it was only a portion of the amount he was deemed to be
eligible to receive. The original one-time pay request was for $455. The correct
amount should have been $2,321, resulting in an additional one-time payment of
Additionally, it was noted that while President Jerry Young was new in his position
at Morristown, he was eligible to receive an incentive payment for his time as the
previous president of Crossville. The total incentive amount recommended for
President Young is $3,128.
Staff is recommending approval of this request.