UA-R-GC-1914-01-01-1990-05_Page-050

May 18,1990 AUC Board of Trustees - Executive Committee Minutes Meeting of the Executive Committee The American University in Cairo Meridian House International Trustees Attending: Friday 8:30AM Mr. Crary, Mrs. Driscoll, Mr. Hedlund, Mr. Hinds, Mr. Kelberer (Chainnan), Dr. Lamont, Mr. McCloy, Dr. Pedersen 1. The agenda was approved as presented. 2. The minutes of the last meeting were approved as revised. 3. Appointment of New President - The Executive Committee had an oral report on the appointment of the Dr. McDonald, AUC's new President. 4. Deferred Equipment Expenditures - The deferred equipment expenditures were approved as presented. 5. Allocation of Anticipated Unexpected 1989/90 Funds- The Committee approved the recommendation to allocate the expected $1.5 million of antici­pated unexpended 1989/90 funds: $750,000 to Endowment and $750,000 to Plant Fund for the Dormitory and the Rare Book Library. 6. "Differential" Compensation: Status of Studies - The report on the status of compensation studies was accepted. 7. Comparative Faculty Compensation: AUC "Relocated" and US II-A Private Averages,