Trent releases new president's contract

July 7, 2009

Following media inquiries, Trent University has posted online a copy of the employment contract with its new president, Steven Franklin. He will receive a $305,000 salary plus benefits, including a $1,200-a-month housing allowance and vehicle expenses. In addition to regular health benefits, Trent will pay for Franklin to get an annual "executive medical examination" at a private Canadian medical clinic, costing an estimated $2,000 a year. Last summer, following the Hamilton Spectator's successful battle in getting McMaster University to release its president's contract, other Ontario universities disclosed their presidents' salaries. Peterborough Examiner | Trent president contract