OSU's Gee remains highest-paid public university president
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Once again, Ohio State University President E. Gordon Gee claims the top spot as the highest-paid public university executive in the country.
Gee has been the highest-paid public university president since 2007, The Columbus Dispatch reported this week.
According to The Chronicle of Higher Education's annual salary survey, Gee received more than $1.3 million in base pay, bonuses and deferred-compensation payouts in 2009-10, and $1.8 million when retirement and other costs of employment are included.
added, according to The Chronicle. His compensation package was worth nearly $1.6 million in 2008-09.
In a story on The Chronicle of Higher Education's website, http://chronicle.com/section/Home/5, Jack Stripling and Andrea Fuller reported that the "median total compensation for college presidents in 2009-10 was $375,442, and the median total cost of employment was $440,487.
"On both measures, Gee topped the list, earning more than $1.3-million in total compensation. His total cost of employment was more than $1.8-million."
The Chronicle added: "As public universities work to demonstrate greater efficiency, high presidential pay could become a symbol of misplaced resources, said Dean A. Zerbe, who helped U.S. Sen. Charles E. Grassley, an Iowa Republican, investigate college spending practices.
"Not unlike the '$800 hammer' cited decades ago by critics of military spending, compensation that appears excessive is an easy political target, Mr. Zerbe said. Such criticism is only likely to grow amid the anti-spending fervor sweeping the country, he said."[[In-content Ad]]
Gee has been the highest-paid public university president since 2007, The Columbus Dispatch reported this week.
According to The Chronicle of Higher Education's annual salary survey, Gee received more than $1.3 million in base pay, bonuses and deferred-compensation payouts in 2009-10, and $1.8 million when retirement and other costs of employment are included.
added, according to The Chronicle. His compensation package was worth nearly $1.6 million in 2008-09.
In a story on The Chronicle of Higher Education's website, http://chronicle.com/section/Home/5, Jack Stripling and Andrea Fuller reported that the "median total compensation for college presidents in 2009-10 was $375,442, and the median total cost of employment was $440,487.
"On both measures, Gee topped the list, earning more than $1.3-million in total compensation. His total cost of employment was more than $1.8-million."
The Chronicle added: "As public universities work to demonstrate greater efficiency, high presidential pay could become a symbol of misplaced resources, said Dean A. Zerbe, who helped U.S. Sen. Charles E. Grassley, an Iowa Republican, investigate college spending practices.
"Not unlike the '$800 hammer' cited decades ago by critics of military spending, compensation that appears excessive is an easy political target, Mr. Zerbe said. Such criticism is only likely to grow amid the anti-spending fervor sweeping the country, he said."[[In-content Ad]]