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OSU Extends Drake's Contract

president.osu.edu

Ohio State University trustees have extended the contract of school president Michael Drake by two years, until June 30, 2021. The extension maintains Drake's annual salary of 832 thousand dollars, but raises current benefits including a car and social-club memberships to 100 thousand dollars per year. Trustees also provided Drake with medical care for life, and created a retirement benefit through a life insurance package.

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