The elected board has created controversy and made partisan decisions in recent years. Incoming members, who hold the first Democratic majority in 40 years, hope to do better moving forward.
Spiegel, the incoming regent, said along with increasing collaboration between the campuses and the board, she wants to make the board more accessible and accountable.
“I’m definitely one of those people that believes that transparency is a form of an antiseptic on things,” Spiegel said.
The other two regents-elect, Rennison and Chavez, also touted transparency in their campaign messaging.
“We’re a public institution, with taxpayer dollars at least supplementing it, and that should have more transparency,” Rennison said.
Kennedy’s current contract, which expires on June 30, 2022, had a base salary of $650,000 for his first year and jumps to $850,000 per year for the second and third. CU’s top administrators, including Kennedy, accepted a 10% pay cut through furlough days earlier this year in response to pandemic-induced budgetary concerns.
The incoming board will have about a year and a half to assess Kennedy’s performance and decide whether to extend his contract or amicably part ways.