The Shorewood School Board put the final stamp on Martin Lexmond taking the helm as superintendent, unanimously approving a two-year pact Tuesday.
The contract, which covers the 2012-13 and 2013-14 school years, calls for a $150,000 salary and no less than a 1.5 percent increase after the first year, and the first extension of the contract.
The contract goes into effect on July 1, when Lexmond takes over.
"I'm really looking forward to getting started," Lexmond said Tuesday. "Just being present and interacting with teachers, and interacting with the community really starts the learning process and even adds to the excitement."
, after a four-month search. He comes from the Kohler Public School system in Kohler, WI, where he served as superintendent and high school principal for the past two years. He beat out current Principal Kirk Juffer for the post.
Under the contract, Lexmond will contribute 12.6 percent to his health care premium. He will also pay 50 percent of contributions made to the Wisconsin Retirement System, or his pension.
The district will pay 100 percent of Lexmond’s dental insurance premium and term life insurance policy.
During each of the first four years of the Lexmond's tenure, the district will annually deposit $5,000 in a longevity incentive account. Upon completion of four years of employment, Lexmond will receive a $20,000 longevity bonus.
For each complete year of service rendered after the effective date of this contract, Shorewood will make a $5,000 employer contribution in 12 equal monthly payments to a 403(b) tax-deferred annuity.
In comparison, Lexmond’s latest salary with Kohler is $151,800, and Shorewood superintendent Blane McCann's current salary is $152,250.
Lexmond comes from a small school district serving 600 students, according to the district’s website. Shorewood serves roughly 2,000 students.
The search for a new superintendent started after McCann , after nearly a decade in Shorewood.
Shortly after, school officials for a new superintendent.
McCann will take over as , next year.