Regents approve presidential search firm
The University of Nebraska Board of regents today approved Korn/Ferry International as the search firm to provide professional consulting services to assist in the recruitment of the next president of the university. The principal consultant representing the firm during the search process will be R. William Funk. A $75,000 fee, plus fixed direct expenses of $9,000 and reasonable out-of-pocket expenses, will be paid to the firm. The board also authorized its chairman, Regent Randy Ferlic, to approve and execute a written agreement with Korn/Ferry for its professional services. The board took the action in an emergency meeting conducted by telephone.