Erie Community College's new interim president will make $160,000 a year under a contract approved Wednesday by the college's board of trustees.
William D. Reuter, the college's chief administrative and financial officer, last month was named ECC's interim president, until a permanent replacement can be found for William J. Mariani, who is stepping down at the end of the year.
The $160,000 figure was settled upon because Reuter will serve as interim president but continue his responsibilities as the college's chief financial officer, said Raymond F. Gallagher, chairman of the ECC board.
"He's going to do both jobs," Gallagher said. "It was his decision, and he feels he can do it."
The salary is less than the $185,498 Mariani earned for serving as president of the two-year institution over the past nine years.
Gallagher has said the board would like to have Mariani's successor in place by next fall, but won't hurry into a decision. A search committee is being assembled.
Reuter will receive fully paid health coverage, use of a vehicle provided by the college and reimbursement for "reasonable" business expenses, according to the contract.
Reuter's contract also stipulates that after his time as interim president, he can remain as chief administrative and financial officer for at least two years, while earning at least his present salary of $110,275.
Reuter, a certified public accountant and graduate of Binghamton University, has been responsible for the day-to-day financial operations at ECC since 1998.