Penn State president's contract extended to 2015
Penn State's Board of Trustees has agreed with President Graham Spanier on a three-year extension of his existing contract, keeping him at the helm of one of the nation's leading research universities until 2015. Spanier's contract extension will take him one year beyond Penn State's recently announced $2-billion capital campaign, scheduled to conclude in 2014. With this extended contract, Spanier would become the second-longest serving Penn State president in the school's 155-year history, tied with Ralph Hetzel, who served from 1927-1947. (more)