Board of Trustees extends and amends President Folt’s contract

The Board finalized the decision before the end of President Carol Folt’s first term, a University spokesperson confirmed to the Daily Trojan on Tuesday afternoon. The spokesperson declined to provide further details about the length of the extension or the nature of the amendments to Folt’s contract.

By SASHA RYU

The Board of Trustees has amended and extended President Carol Folt’s contract, a University spokesperson confirmed to the Daily Trojan on Tuesday afternoon.

The Board’s decision was finalized before the end of Folt’s first term July 1.

The spokesperson declined to provide further details about the length of the extension or the nature of the amendments to Folt’s contract.


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UPDATE: “President Folt’s contract remains in full force. Like all university officers, the president is subject to annual review and reappointment, which occurred this last spring,” the University wrote in a statement to the Daily Trojan Tuesday evening. “The Board remains pleased with the university’s strong direction under President Folt’s leadership.”

This is a developing story.

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