Latest News and Comment from Education

Monday, November 2, 2009

23 Private College Presidents Made More Than $1 Million - NYTimes.com


23 Private College Presidents Made More Than $1 Million - NYTimes.com:

"The presidents of the nation’s major private research universities were paid a median compensation of $627,750 in the 2007-8 fiscal year — a 5.5 percent increase from the previous year — according to The Chronicle of Higher Education annual executive compensation survey."

The highest paid private university executive was Shirley Ann Jackson, president of Rensselaer Polytechnic Institute in Troy, N.Y., with a pay package totaling $1,598,247 in fiscal 2008. Ms. Jackson, a physicist and former chairwoman of the federal Nuclear Regulatory Commission, has been at Rensselaer since 1999, and first became the highest-paid university president just two years later.

In this year’s survey, she was followed by David J. Sargent of Suffolk University in Boston, the top earner in last year’s survey, who took in $1,496,593 in fiscal 2008, and Steadman Upham of the University of Tulsa, whose pay package was $1,485,275.

Executive Compensation

A list of resources from around the Web about Executive Compensation as selected by researchers and editors of The New York Times.

Center for Corporate Policy
Speech by SEC Commissioner Roel C. Campos to the 2007 Summit on Executive Compensation
SEC Spotlight on Options Backdating
Chairman Cox Unveils New Internet Tool With Instant Comparisons of Executive Pay
SEC Dec 2007

Executive Pay Finder
SEC

The Crystal Report on Executive Compensation
Maintained by Graef Crystal, Executive Compensation Specialist
Other Coverage

Reining In the Overpaid (and Underperforming) Chief Executive
Booz Allen Hamilton Strategy + Business Feb 19, 2008

Executive Compensation
Forbes, May 3, 2007

Documents
Executive Pay - Conflicts of Interest Among Compensation Consultants
U.S. House of Representatives Dec. 2007
2007 Summit on Executive Compensation
Highlights
Staff observations in the review of executive compensation disclosure
Securities and Exchange Commission, October 2007
Executive Compensation Disclosure Update
SEC, August 2007
Speech by John White, Division of Corporation Finance
SEC, August 2007
Executive Excess 2007
Institute for Policy Studies
Current Issues in Executive Compensation
NYU Journal of Law and Business June 21, 2007
Executive Compensation: A new view from a long-term perspective, 1936-2005
Federal Reserve Board, 2007
Excessive CEO Pay
CRS Report for Congress, 2007
The Economics of Corporate Executive Pay
CRS Report for Congress, 2007