University of Chicago President Robert J. Zimmer announces the appointed of former Chicago Mayor Richard M. Daley, appointed distinguished senior fellow at the University of Chicago Harris School, during news conference at University of Chicago, Tuesday, May 24, 2011. | John H. White~Sun-Times.
top of the class
Top 10 recipients, in total compensation, among private-college leaders in 2010.
1. Bob Kerrey (x), The New School, $3,047,703
2. Shirley Ann Jackson, Rensselaer Polytechnic Institute, $2,340,441
3. G. David Pollick (x), Birmingham-Southern College, $2,312,098
4. Mark S. Wrighton, Washington University in Saint Louis, $2,268,837
5. Nicholas S. Zeppos, Vanderbilt University, $2,228,349
6. Steven B. Sample (x), University of Southern California, $1,963,710
7. Lee C. Bollinger, Columbia University, $1,932,931
8. Richard C. Levin, Yale University, $1,616,066
9. Robert J. Zimmer, University of Chicago, $1,597,918
10. Jack P. Varsalona, Wilmington University (Del.), $1,550,218
(x) No longer president. Source: The Chronicle of Higher Education
Updated: January 11, 2013 6:23AM
Compensation for private college presidents has continued to drift upward, while the number crossing the $1 million barrier — a signal of prestige and a magnet for criticism — held steady at 36, according to a new survey.
The latest annual compilation by The Chronicle of Higher Education covers data from 2010, due to lag time in the release of federal tax information. That year, median compensation for the 494 presidents in the survey was $396,649, or 2.8 percent higher than in last year’s survey.
The highest paid was Bob Kerrey, who was president of The New School in New York until December 2010 before returning to Nebraska, where he made an unsuccessful run to return to the U.S. Senate. Kerrey’s total compensation was valued at just over $3 million.
The University of Chicago’s Robert J. Zimmer was No. 9 on the list at just under $1.6 million.
Then there’s the other end of the scale — presidents of roughly two dozen Roman Catholic institutions, including Villanova University, Boston College, Marquette and a number of smaller schools, whose compensation is zero. All are either clergy or members of religious orders. AP