CORVALLIS, Ore. -- Oregon State athletic director Bob De Carolis has been diagnosed with Parkinson's disease but he plans to fulfill his contract with the Beavers.

The Portland Tribune newspaper first reported De Carolis' diagnosis. The university confirmed it late Monday.

Earlier this year, De Carolis signed a five-year contract extension with Oregon State that keeps him in the AD's office through June 2016.

De Carolis, 58, has served as the Beavers' athletic director since August 2002. Since then, the Beavers baseball team has won two College World Series titles, the football team has competed in nine bowl games and the gymnastics team has been to the national championships six consecutive years.

He oversees an annual $54 million athletic budget.