WEST LAFAYETTE, Ind. (AP) — Purdue University’s trustees have approved extending the contract for President Mitch Daniels beyond 2020 in a deal that will pay him up to $930,000 a year.

Purdue board chairman Mike Berghoff says the former Indiana governor is enhancing the university’s reputation nationally.

Board members reportedly cited development projects around the West Lafayette campus and Purdue’s takeover of online-based Kaplan University that’s been dubbed Purdue Global.

The new deal approved Tuesday allows for year-to-year extensions of Daniels’ contract past its previous mid-2020 end date.