June 9, 2014

Presidential Compensation at Public Colleges and Universities

The Chronicle of Higher Education (subscription required) recently published a database of presidential compensation at public colleges and universities in fiscal year 2013. The Chronicle analyzed the compensation of 227 chief executives and found that nine of them earned more than $1 million in total compensation, led by former Ohio State president E. Gordon Gee at $6.06 million. Gee also had the highest base salary ($851,303). In addition to the base salary, a president’s compensation includes bonuses, deferred compensation, severance pay, and retirement pay.