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The University President. The University shall be headed by a president, who shall render full time service. He shall be appointed by the Board, upon recommendation of a duly constituted search committee. He shall have a term of four (4) years and shall be eligible for reappointment for another term.
The president of the University shall be assisted by a vice president for Academic Affairs and a vice president for Administration Affairs who shall be appointed by the Board upon the recommendation of the president without prejudice to the appointment of more than two (2) vice presidents when so warranted.
In case of vacancy in the office of the president by reason of death, compulsory retirement, resignation, removal for cause of incapacity of the president to perform the functions of his office, the Board shall have the authority to designate an officer-in-charge of the University pending the appointment of a new president.
In case of vacancy in the office of the president as mentioned in the immediately preceding paragraph, his successor or the officer-in-charge shall hold office for the unexpired term only.
The powers and duties of the president of the University, in addition to those specifically provided in this Act, shall be those usually pertaining to the office of the president of similar universities and those delegated by the Board.
The salary of the president of the University shall be in accordance with the Revised Compensation and Position Classification System and shall be comparable to that being received by the presidents of similar educational institutions of like standing.
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