Albuquerque Journal (Albuquerque, NM)

UNM, New President To Seal Deal.(Final)

Byline: Olivier Uyttebrouck Journal Staff Writer

University of New Mexico regents expect to sign a contract today hiring Louis Caldera as the school's 18th president.

The agreement will include a financial incentive intended to keep Caldera at UNM for the duration of the four-year contract, regents said Monday.

"It's not final until it's signed, but we've reached a tentative agreement that I think the regents will accept and Louis will accept," Regent Jack Fortner said Monday.

Fortner and others declined to discuss a salary figure, the incentive package or other details.

Regents will meet in closed session at 2 p.m. today in UNM's Scholes Hall to discuss the contract. …

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