The University of Michigan Board of Regents on Sept. 23 announced that President Mark Schlissel would get a 3 percent salary increase.

Board of Regents Chair Jordan Acker said the board wished to thank Schlissel “for his work on issues affecting our university and those we serve.

“We look forward to working with him to implement our shared vision for U-M and approve a 3 percent raise commensurate with a regular faculty increase.”

Acker said U-M is poised “to meet the challenges before us.”

“I’ve been on campus for a number of events this semester,” Acker said. “I’ve seen the level of activity and the resumption of our classes and something that we haven’t seen on our campus in a long time, and that is joy. It makes me proud as a regent to see our university back in action, and we have strong measures in place to protect health and safety.”

“Thank you to everyone in this community who is focused on making U-M a better place,” he added.

The announcement comes as Schlissel begins his eighth academic year leading the university.

Since beginning as president in July 2014, Schlissel has launched a number of initiatives including ones to further academic innovation, strengthen research and education in the biosciences, promote diversity, equity and inclusion, and address issues of poverty.

The increase brings his annual salary to $927,000.

Schlissel thanked the board following the announcement.