[lbo-talk] Re: That's Dr. Oink to You!

Tim Francis-Wright tim at francis-wright.com
Mon Nov 20 11:52:59 PST 2006


Doug Henwood wrote:
> E. Gordon Gee, chancellor of Vanderbilt, a top-tier university in
> Nashville, Tennessee, has an enviable distinction: he is the only US
> university head who earns more than $1m a year.
>
> Last year, Mr Gee earned a salary of $905,296 plus $265,915 in
> benefits and a sizable expense account.
>
> While his pay far outstrips that of most college leaders, salaries of
> university presidents – of both public and private institutions – are
> rising rapidly.

I always thought that a main driver of pay to chancellors and university presidents was the need to make sure to earn at least a sizable fraction of the football coach's and men's basketball coach's salaries. But it seems that there are others to envy as well.

At Vanderbilt, the Vice Chancellor for Health Affairs earned $1,159,466 plus $1,131,641 in benefits. And the Vice Chancellor for Investments/Treasurer earned $762,156 plus $1,740,417 in benefits.

But I am only modifying to my original thesis--the top-paid non-officer was indeed the men's basketball coach (salary of $1,304,316) and the football coach was the fifth-highest-paid non-officer. I suspect that the chief of urologic surgery (listed first on the tax return but only second in the money ranking) is, well, pissed.

http://www.guidestar.org/FinDocuments/2005/620/476/2005-620476822-026356a6-9.pdf


> Top earner at a public university was David Roselle, president of the
> University of Delaware, who received $979,571 in pay and benefits.
> Purdue University’s Martin Jischke made $880,950, Mark Emmert of the
> University of Washington $752,700.

Roselle is at least the top earner at his fiefdom. Plus, Delaware plays Division 1-AA football and has no basketball tradition, so the football and men's basketball coaches are not in the top 5 non-officers. Perhaps Roselle is just being preemptive.

--tim francis-wright



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