MOBILE, Ala. (WKRG) – The new president of the University of South Alabama, Jo Bonner, has signed a contract for $525,000. The former politician has signed for four years. The contract comes into effect on January 1, 2022 and ends on December 31, 2026.
Bonner will also receive a $10,000 relocation allowance to move to Mobile after stepping down as chief of staff to Alabama Governor Kay Ivey in Montgomery. Other perks that come with the job include:
Bonner will receive an $18,000 car allowance that will come in monthly installments, with the first installment in February. He will also have a home office and will be reimbursed for some travel expenses.
He will be entitled to four weeks of vacation and 12 sick days per year.
The university has also agreed to pay membership dues to professional organizations and clubs agreed to by the board’s compensation committee.
Bonner will also receive rent-free housing in the official presidential home on Oakland Avenue. The University will also cover utilities, taxes, and house insurance.
If the university terminates Bonner for cause, all payments stop immediately, except for a lump sum for amounts accrued up to that time. If Bonner left voluntarily, he would be required to give six months’ notice and could not get any severance pay.