May 15, 2016

University President Salaries Skyrocket

Columbia University President's Salary, $4.6 million

[From article]
In his last year as the head of public markets for the Harvard Management Company, Stephen Blyth—now the CEO of Harvard’s investment arm—earned $3 million less than he did the year before, making about $8.3 million in the 2014 calendar year compared to $11.5 million in 2013.
University President Drew G. Faust saw a pay increase—though her compensation was again dwarfed by those of top HMC executives—taking home $1.2 million over the course of the year, roughly $91,000 more than she received in the previous year. The figure includes $810,884 in salary and $153,460 in benefits such as her residence at 33 Elmwood Ave. in Cambridge, according to recent Internal Revenue Service tax filings. Still, the presidents of other peer institutions often make much more than Faust; Lee C. Bollinger, the president of Columbia University, made $4.6 million in 2013, according to a Chronicle of Higher Education database. Amy Gutmann ’71, the president of the University of Pennsylvania, made more than $3 million that year.

Faust Made $1.2 Million in 2014
Stephen Blyth, then head of public markets for HMC, made $8.3 million in calendar year 2014
May 15, 2016
UPDATED: May 15, 2016, at 6:57 p.m.

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