Tuesday, November 21, 2006

College President Salaries!!

College president salaries approach $1m per year, and $500,000 is now very common, is that excessive CEO pay?

Detroit News article.

Chicago Sun-Times article.

Audrey K. Doberstein, retired president of Wilmington College in Delaware, topped the list with a compensation package totaling $2.7 million; much of it represented one-time payments upon her retirement.

Doberstein was followed by Donald E. Ross, retired president of Lynn University in Boca Raton, Fla., ($1.3 million) and Vanderbilt's E. Gordon Gee ($1.2 million).

David P. Roselle of the University of Delaware is the highest-paid public university president this year, receiving $979,571 in pay and benefits.

He is followed by Purdue University's Martin C. Jischke ($880,950), Mark A. Emmert of the
University of Washington ($752,700), and J. Bernard Machen of the University of Florida ($751,725).

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