Posted
12:34 PM
by Gene
What do posturing over inequality and CEO-type wages increasingly have in common?
HYER EHDYUKAYSHUN!Several presidents earned substantially more because of retirement bonuses or deferred compensation, including Benjamin Ladner, who received $4.3 million in pay and benefits in fiscal 2006 from American University. Ladner stepped down following revelations of excessive personal spending of university money, and most of his compensation came from severance and deferred payouts.Yep. sounds like a CEO.
The highest-paid public university president listed in the survey was David P. Roselle of the University of Delaware, who received $874,687 in 2005-2006.And all that moolah didn't prevent his SKOOL from donning a dunce cap for an ultra-PC speech code.