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Penn State President Neeli Bendapudi gets retirement, bonus increases

Penn State’s board of trustees voted Friday to increase the financial bonus President Neeli Bendapudi will get for her second five years with the university from $1.25 million to $1.5 million and increase her retirement benefits, while not changing her current base salary of $950,000. ....

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Penn State president could get $1.5 million bonus if she stays through June 2032

Penn State University trustees on Friday showed they want to retain President Neeli Bendapudi long term by approving incentives including a $1.5 million bonus if she stays in office through June 30, 2032. The vote to amend her compensation package came as the state’s flagship public university confronts what some ....

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