Penn State and Texas A&M win the game when it comes to overall presidential pay.
The public universities’ presidents are the only university leaders in the United States to earn more than $1 million — with Pennsylvania State University President Rodney A. Erickson earning a total compensation of nearly $1.5 million, according to the Chronicle of Higher Education.
The Chronicle published its executive-compensation package data for the 2014 fiscal year today. The data were broken down in a number of ways, including base pay and total compensation (which includes base pay, bonuses, deferred compensation paid out and severance).
Total compensation
- Rodney A. Erickson, president, Pennsylvania State University at University Park: $1,494,603
- R. Bowen Loftin, president, Texas A&M University at College Station: $1,128,957 (partial-year compensation)
- Joseph A. Alutto, interim president, Ohio State University: $996,169
- Elson S. Floyd, president, Washington State University: $877,250
- Paula Allen-Meares, chancellor and vice president, University of Illinois at Chicago: $872,458
Base pay
- Francisco G. Cigarroa, chancellor, University of Texas system: $752,160
- Elson S. Floyd, president, Washington State University: $725,000
- Renu Khator, president and system chancellor, University of Houston: $700,000
- Patrick T. Harker, president, University of Delaware: $682,502
- Satish K. Tripathi, president, University at Buffalo: $650,000; and Samuel L. Stanley Jr., president, State University of New York at Stony Brook: $650,000
To learn about the compensation of more public employees, check out “10 Public Employees Who Make More Money Than the President” — the president of the United States, that is.
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