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Presidential Salaries

November 26, 2000

Presidents of private colleges and universities brought in handsome salaries in the 1998-99 academic year. The highest paid that year was Harry C. Payne, who has since resigned as president of Williams College. Nearly three-fourths of Paynes $878,222 was related to a buyout package. The salary survey of private institutions was conducted by the Chronicle of Higher Education, pulling together financial information from federal tax returns, which must be filed by all nonprofits. Here are some of the top salaries for 1998-99:

Private university presidents with largest salaries

*--*

L. Jay Oliva New York University $626,000 Judith Rodin University of Pennsylvania $603,165 George Rupp Columbia $472,750 Joe B. Wyatt* Vanderbilt $462,000 William R. Brody Johns Hopkins $445,428 Stephen J. Trachtenberg George Washington $421,035 Harold T. Shapiro Princeton $413,000 James M. Shuart Hofstra $407,527 Rev. Leo J. O'Donovan** Georgetown $400,000 Malcolm Gillis Rice $399,719 Mark S. Wrighton Washington (Mo.) $398,700 Gerhard Casper* Stanford $398,500 Hugo F. Sonnenschein* University of Chicago $397,433 Steven B. Sample USC $391,667 Richard C. Levin Yale $391,250 David Baltimore Caltech $375,000

*--*

Salaries at some Southern California private institutions

*--*

Jerry C. Lee National University $335,000 Jack L. Stark* + Claremont McKenna $267,279 James R. Appleton University of Redlands $217,909 Peter Stanley Pomona $204,266 Nancy Y. Bekavac Scripps $195,825 John B. Slaughter* Occidental $192,355 James L. Ash* Whittier $188,700 Marilyn Chapin Massey Pitzer $178,104 James L. Doti Chapman $174,290 Clyde Cook*** Biola $168,500 Rabbi Robert Wexler University of Judaism $159,962 Luther Luedtke California Lutheran $156,633 B. Lyn Behrens Loma Linda $117,391 Sister Karen Kennelly* Mt. St. Mary's $103,774 Thomas E. Dillon Thomas Aquinas $68,786

*--*

* No longer with institution

** Compensation donated to the Society of Jesus

*** Also receives $23,000 yearly housing allowance.

+ Includes $76,125 in deferred compensation plan, paid upon retirement.

Source: Chronicle of Higher Education

Compiled by MALOY MOORE / Los Angeles Times

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