MSU Extends President Simon's Contract

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Michigan State University President Lou Anna Simon has received a contract extension from the school's governing board.

The university's board of trustees unanimously voted to extend Simon's contract through September 2011.

Her annual salary remains at $425,000 a year.

Simon's original three-year contract as Michigan State's president was set to expire in January 2008.

Trustees cited Simon's leadership in fundraising and her involvement in efforts to improve and diversify Michigan's economy.