18 May
BALTIMORE (AP) — The number of public college presidents earning over $1 million more than doubled in the 2012-2013 fiscal year from the year before, according to a new survey.
The Chronicle of Higher Education study found that nine college presidents earned more than $1 million in total compensation in 2013, compared to just four in 2012.
Public college presidents first exceeded the $1 million total compensation mark in 2004, according to the survey.
Gordon Gee topped the list, earning $6.1 million as the head of Ohio State University. Gee resigned that post last year after making comments about Roman Catholics, the University of Notre Dame and Southeastern Conference schools. He is now president of West Virginia University.
The study took into account base salary, bonuses, retirement, severance and deferred pay — an incentive offered to presidents who stay in their positions for an agreed-upon period of time.
http://news.yahoo.com/9-public-college-presidents-pay-tops-1-million-224337556.html