planomateo
Member
Hmm, kinda surprised who's on the list. $2.5m ($1.8m of that is deferred according to the linke.
http://www.nytimes.com/2013/05/13/e...esidents-are-prospering-study-finds.html?_r=0
Public University Presidents Are Prospering, Annual Compensation Study Finds
By TAMAR LEWIN
Published: May 12, 2013
In the 2011-12 fiscal year, the nation’s highest paid public university president was Graham B. Spanier, the president of Pennsylvania State University, who was forced out in November 2011 over his handling of a child sex abuse scandal involving a football coach.
According to the annual compensation report by The Chronicle of Higher Education, Mr. Spanier was paid $2.9 million in 2011-12, including $1.2 million in severance pay and $1.2 million in deferred compensation.
“The fact that Graham Spanier turns out to be the highest paid president in the country says something about the nature of compensation packages for people who leave under a cloud,” said Jack Stripling, the Chronicle reporter who worked on the survey. “Severance agreements are often very lucrative.”
Three other public university presidents also had compensation topping $1 million: Jay Gogue of Auburn University, at $2,542,865; E. Gordon Gee of Ohio State University, at $1,899,420; and Alan G. Merten of George Mason University, at $1,869,369. Mr. Merten retired from George Mason last June after 16 years as president.
Mr. Gee, who in 2007 became the first public university president to earn more than $1 million, had a base salary last year of $830,439, the highest among the 212 chief executives included in the Chronicle report. He is known for prodigious fund-raising energy, which has brought the university more than $1.6 billion since he took the post, and for the lavish lifestyle his job supports, including a rent-free mansion with an elevator, a pool and a tennis court and flights on private jets.
Mr. Stripling said there had been a sea change in the last few years, with the rich getting richer and some pay packages exceeding not just $1 million, but $2 million. Deferred compensation agreements can increase pay drastically, as was the case with Mr. Gogue, whose pay went from $720,000 to $2.5 million in a single year when he completed a five-year contract.
But the biggest growth last year, Mr. Stripling said, was in the $600,000 to $700,000 range, a category that included 28 chief executives, up from only 13 the previous year.
According to the Chronicle report, the median total compensation for the presidents of public research universities was $441,392, up 4.7 percent from the previous year’s $421,395. The median base salary, $373,800, was up 2 percent from $366,519 the previous year.
Rounding out the top 10 earners were Jo Ann M. Gora of Ball State University ($984,647); Mary Sue Coleman of the University of Michigan system ($918,783); Charles W. Steger of Virginia Tech ($857,749); Mark G. Yudof of the University of California system ($847,149); Bernard J. Machen of the University of Florida ($834,562); and Francisco G. Cigarroa of the University of Texas system ($815,833).
http://chronicle.com/article/Executive-Compensation-at/139093#id=table
[TABLE="class: interactive_table, width: 957"]
<thead class="headers">[TR]
[TH="class: col_first, bgcolor: #666666"]President
* Partial-year compensation[/TH]
[TH="class: sorting, bgcolor: #004276"]Total compensation (Rank)[/TH]
[TH="bgcolor: #666666"]Base pay[/TH]
[TH="bgcolor: #666666"]Base pay as
% of total[/TH]
[TH="bgcolor: #666666"]Assumed office in[/TH]
[/TR]
</thead><tbody>[TR="class: result odd"]
[TD="class: col_EmpNameLast col_first"]
Graham B. Spanier *[SUP]†[/SUP]
Pennsylvania State University at University Park
Full profile →[/TD]
[TD="class: col_EmpTotalComp, align: right"]$2,906,721 (1st)[/TD]
[TD="class: col_EmpPayBase, align: right"]$350,959[/TD]
[TD="class: col_PercentBaseComp, align: right"]12.1%[/TD]
[TD="class: col_daysToDate col_last, align: right"]September 1995[/TD]
[/TR]
[TR="class: result even, bgcolor: #F5F5F5"]
[TD="class: col_EmpNameLast col_first"]
Jay Gogue
Auburn University
Full profile →[/TD]
[TD="class: col_EmpTotalComp, align: right"]$2,542,865 (2nd)[/TD]
[TD="class: col_EmpPayBase, align: right"]$482,070[/TD]
[TD="class: col_PercentBaseComp, align: right"]19.0%[/TD]
[TD="class: col_daysToDate col_last, align: right"]July 2007[/TD]
[/TR]
[TR="class: result odd"]
[TD="class: col_EmpNameLast col_first"]
E. Gordon Gee
Ohio State University-Main Campus
Full profile →[/TD]
[TD="class: col_EmpTotalComp, align: right"]$1,899,420 (3rd)[/TD]
[TD="class: col_EmpPayBase, align: right"]$830,439[/TD]
[TD="class: col_PercentBaseComp, align: right"]43.7%[/TD]
[TD="class: col_daysToDate col_last, align: right"]October 2007[/TD]
[/TR]
[TR="class: result even, bgcolor: #F5F5F5"]
[TD="class: col_EmpNameLast col_first"]
Alan G. Merten
George Mason University
Full profile →[/TD]
[TD="class: col_EmpTotalComp, align: right"]$1,869,369 (4th)[/TD]
[TD="class: col_EmpPayBase, align: right"]$427,369[/TD]
[TD="class: col_PercentBaseComp, align: right"]22.9%[/TD]
[TD="class: col_daysToDate col_last, align: right"]July 1996[/TD]
[/TR]
[TR="class: result odd"]
[TD="class: col_EmpNameLast col_first"]
Jo Ann M. Gora
Ball State University
Full profile →[/TD]
[TD="class: col_EmpTotalComp, align: right"]$984,647 (5th)[/TD]
[TD="class: col_EmpPayBase, align: right"]$431,244[/TD]
[TD="class: col_PercentBaseComp, align: right"]43.8%[/TD]
[TD="class: col_daysToDate col_last, align: right"]August 2004[/TD]
[/TR]
[TR="class: result even, bgcolor: #F5F5F5"]
[TD="class: col_EmpNameLast col_first"]
Mary Sue Coleman
University of Michigan system (Ann Arbor)
Full profile →[/TD]
[TD="class: col_EmpTotalComp, align: right"]$918,783 (6th)[/TD]
[TD="class: col_EmpPayBase, align: right"]$585,783[/TD]
[TD="class: col_PercentBaseComp, align: right"]63.8%[/TD]
[TD="class: col_daysToDate col_last, align: right"]September 2002[/TD]
[/TR]
[TR="class: result odd, bgcolor: #F3F7FD"]
[TD="class: col_EmpNameLast col_first"]
Charles W. Steger
Virginia Tech
Full profile →[/TD]
[TD="class: col_EmpTotalComp, align: right"]$857,749 (7th)[/TD]
[TD="class: col_EmpPayBase, align: right"]$496,688[/TD]
[TD="class: col_PercentBaseComp, align: right"]57.9%[/TD]
[TD="class: col_daysToDate col_last, align: right"]January 2000[/TD]
[/TR]
[TR="class: result even, bgcolor: #F5F5F5"]
[TD="class: col_EmpNameLast col_first"]
Mark G. Yudof
University of California system
Full profile →[/TD]
[TD="class: col_EmpTotalComp, align: right"]$847,149 (8th)[/TD]
[TD="class: col_EmpPayBase, align: right"]$591,084[/TD]
[TD="class: col_PercentBaseComp, align: right"]69.8%[/TD]
[TD="class: col_daysToDate col_last, align: right"]June 2008[/TD]
[/TR]
[TR="class: result odd"]
[TD="class: col_EmpNameLast col_first"]
Bernard J. Machen
University of Florida
Full profile →[/TD]
[TD="class: col_EmpTotalComp, align: right"]$834,562 (9th)[/TD]
[TD="class: col_EmpPayBase, align: right"]$515,158[/TD]
[TD="class: col_PercentBaseComp, align: right"]61.7%[/TD]
[TD="class: col_daysToDate col_last, align: right"]December 2003[/TD]
[/TR]
[TR="class: result even, bgcolor: #F5F5F5"]
[TD="class: col_EmpNameLast col_first"]
Francisco G. Cigarroa
University of Texas system
Full profile →[/TD]
[TD="class: col_EmpTotalComp, align: right"]$815,833 (10th)[/TD]
[TD="class: col_EmpPayBase, align: right"]$751,920[/TD]
[TD="class: col_PercentBaseComp, align: right"]92.2%[/TD]
[TD="class: col_daysToDate col_last, align: right"]February 2009[/TD]
[/TR]
</tbody>[/TABLE]
http://www.nytimes.com/2013/05/13/e...esidents-are-prospering-study-finds.html?_r=0
Public University Presidents Are Prospering, Annual Compensation Study Finds
By TAMAR LEWIN
Published: May 12, 2013
In the 2011-12 fiscal year, the nation’s highest paid public university president was Graham B. Spanier, the president of Pennsylvania State University, who was forced out in November 2011 over his handling of a child sex abuse scandal involving a football coach.
According to the annual compensation report by The Chronicle of Higher Education, Mr. Spanier was paid $2.9 million in 2011-12, including $1.2 million in severance pay and $1.2 million in deferred compensation.
“The fact that Graham Spanier turns out to be the highest paid president in the country says something about the nature of compensation packages for people who leave under a cloud,” said Jack Stripling, the Chronicle reporter who worked on the survey. “Severance agreements are often very lucrative.”
Three other public university presidents also had compensation topping $1 million: Jay Gogue of Auburn University, at $2,542,865; E. Gordon Gee of Ohio State University, at $1,899,420; and Alan G. Merten of George Mason University, at $1,869,369. Mr. Merten retired from George Mason last June after 16 years as president.
Mr. Gee, who in 2007 became the first public university president to earn more than $1 million, had a base salary last year of $830,439, the highest among the 212 chief executives included in the Chronicle report. He is known for prodigious fund-raising energy, which has brought the university more than $1.6 billion since he took the post, and for the lavish lifestyle his job supports, including a rent-free mansion with an elevator, a pool and a tennis court and flights on private jets.
Mr. Stripling said there had been a sea change in the last few years, with the rich getting richer and some pay packages exceeding not just $1 million, but $2 million. Deferred compensation agreements can increase pay drastically, as was the case with Mr. Gogue, whose pay went from $720,000 to $2.5 million in a single year when he completed a five-year contract.
But the biggest growth last year, Mr. Stripling said, was in the $600,000 to $700,000 range, a category that included 28 chief executives, up from only 13 the previous year.
According to the Chronicle report, the median total compensation for the presidents of public research universities was $441,392, up 4.7 percent from the previous year’s $421,395. The median base salary, $373,800, was up 2 percent from $366,519 the previous year.
Rounding out the top 10 earners were Jo Ann M. Gora of Ball State University ($984,647); Mary Sue Coleman of the University of Michigan system ($918,783); Charles W. Steger of Virginia Tech ($857,749); Mark G. Yudof of the University of California system ($847,149); Bernard J. Machen of the University of Florida ($834,562); and Francisco G. Cigarroa of the University of Texas system ($815,833).
http://chronicle.com/article/Executive-Compensation-at/139093#id=table
[TABLE="class: interactive_table, width: 957"]
<thead class="headers">[TR]
[TH="class: col_first, bgcolor: #666666"]President
* Partial-year compensation[/TH]
[TH="class: sorting, bgcolor: #004276"]Total compensation (Rank)[/TH]
[TH="bgcolor: #666666"]Base pay[/TH]
[TH="bgcolor: #666666"]Base pay as
% of total[/TH]
[TH="bgcolor: #666666"]Assumed office in[/TH]
[/TR]
</thead><tbody>[TR="class: result odd"]
[TD="class: col_EmpNameLast col_first"]
Pennsylvania State University at University Park
Full profile →[/TD]
[TD="class: col_EmpTotalComp, align: right"]$2,906,721 (1st)[/TD]
[TD="class: col_EmpPayBase, align: right"]$350,959[/TD]
[TD="class: col_PercentBaseComp, align: right"]12.1%[/TD]
[TD="class: col_daysToDate col_last, align: right"]September 1995[/TD]
[/TR]
[TR="class: result even, bgcolor: #F5F5F5"]
[TD="class: col_EmpNameLast col_first"]
Auburn University
Full profile →[/TD]
[TD="class: col_EmpTotalComp, align: right"]$2,542,865 (2nd)[/TD]
[TD="class: col_EmpPayBase, align: right"]$482,070[/TD]
[TD="class: col_PercentBaseComp, align: right"]19.0%[/TD]
[TD="class: col_daysToDate col_last, align: right"]July 2007[/TD]
[/TR]
[TR="class: result odd"]
[TD="class: col_EmpNameLast col_first"]
Ohio State University-Main Campus
Full profile →[/TD]
[TD="class: col_EmpTotalComp, align: right"]$1,899,420 (3rd)[/TD]
[TD="class: col_EmpPayBase, align: right"]$830,439[/TD]
[TD="class: col_PercentBaseComp, align: right"]43.7%[/TD]
[TD="class: col_daysToDate col_last, align: right"]October 2007[/TD]
[/TR]
[TR="class: result even, bgcolor: #F5F5F5"]
[TD="class: col_EmpNameLast col_first"]
George Mason University
Full profile →[/TD]
[TD="class: col_EmpTotalComp, align: right"]$1,869,369 (4th)[/TD]
[TD="class: col_EmpPayBase, align: right"]$427,369[/TD]
[TD="class: col_PercentBaseComp, align: right"]22.9%[/TD]
[TD="class: col_daysToDate col_last, align: right"]July 1996[/TD]
[/TR]
[TR="class: result odd"]
[TD="class: col_EmpNameLast col_first"]
Ball State University
Full profile →[/TD]
[TD="class: col_EmpTotalComp, align: right"]$984,647 (5th)[/TD]
[TD="class: col_EmpPayBase, align: right"]$431,244[/TD]
[TD="class: col_PercentBaseComp, align: right"]43.8%[/TD]
[TD="class: col_daysToDate col_last, align: right"]August 2004[/TD]
[/TR]
[TR="class: result even, bgcolor: #F5F5F5"]
[TD="class: col_EmpNameLast col_first"]
University of Michigan system (Ann Arbor)
Full profile →[/TD]
[TD="class: col_EmpTotalComp, align: right"]$918,783 (6th)[/TD]
[TD="class: col_EmpPayBase, align: right"]$585,783[/TD]
[TD="class: col_PercentBaseComp, align: right"]63.8%[/TD]
[TD="class: col_daysToDate col_last, align: right"]September 2002[/TD]
[/TR]
[TR="class: result odd, bgcolor: #F3F7FD"]
[TD="class: col_EmpNameLast col_first"]
Virginia Tech
Full profile →[/TD]
[TD="class: col_EmpTotalComp, align: right"]$857,749 (7th)[/TD]
[TD="class: col_EmpPayBase, align: right"]$496,688[/TD]
[TD="class: col_PercentBaseComp, align: right"]57.9%[/TD]
[TD="class: col_daysToDate col_last, align: right"]January 2000[/TD]
[/TR]
[TR="class: result even, bgcolor: #F5F5F5"]
[TD="class: col_EmpNameLast col_first"]
University of California system
Full profile →[/TD]
[TD="class: col_EmpTotalComp, align: right"]$847,149 (8th)[/TD]
[TD="class: col_EmpPayBase, align: right"]$591,084[/TD]
[TD="class: col_PercentBaseComp, align: right"]69.8%[/TD]
[TD="class: col_daysToDate col_last, align: right"]June 2008[/TD]
[/TR]
[TR="class: result odd"]
[TD="class: col_EmpNameLast col_first"]
University of Florida
Full profile →[/TD]
[TD="class: col_EmpTotalComp, align: right"]$834,562 (9th)[/TD]
[TD="class: col_EmpPayBase, align: right"]$515,158[/TD]
[TD="class: col_PercentBaseComp, align: right"]61.7%[/TD]
[TD="class: col_daysToDate col_last, align: right"]December 2003[/TD]
[/TR]
[TR="class: result even, bgcolor: #F5F5F5"]
[TD="class: col_EmpNameLast col_first"]
University of Texas system
Full profile →[/TD]
[TD="class: col_EmpTotalComp, align: right"]$815,833 (10th)[/TD]
[TD="class: col_EmpPayBase, align: right"]$751,920[/TD]
[TD="class: col_PercentBaseComp, align: right"]92.2%[/TD]
[TD="class: col_daysToDate col_last, align: right"]February 2009[/TD]
[/TR]
</tbody>[/TABLE]
