yale university president salary

Blyth has since been replaced in his role at Harvard by Nirmal Narvekar, who earned $6 million in 2015 while leading Columbia Universitys investments office. In 1716 the school was moved to New Haven, and in 1718 it was renamed Yale . The IRS Form 990 (2015 for the year beginning July 1, 2015 and ending June 30, 2016) reports 3,585 individuals received more than $100,000 in compensation with the 22 most highly compensated individuals listed below: $4,238,803: David F Swensen, Chief Investment Officer. Austin has also served as Senior Vice President of Strategy for . Nikias stepped down in 2018 after 200 professors signed a letter accusing him of mishandling allegations of sexual assault involving a former campus gynecologist. Quinnipiac, Yale presidents top list of college salaries in Connecticut, Hamden school board member Walter L. Morton IV to run for mayor, New Haven's 'Tent City' residents get a reprieve, for now. Accessibility not specifically part of South Quad construction planning, university official says, Why QU law and other schools are dropping out of this popular college ranking. View details. He became president of the university . Yale University pays an average salary of $270,438 and salaries range from a low of $234,063 to a high of $314,860. The Department of Chemistry and Physics at Saint Mary's College, Notre Dame, IN, is seeking to fill a one-year visiting assistant professor line in any sub-discipline of physics. The most recent data is as of 2017 for private university presidents, and 2019 for public university presidents. Associate Vice President for Public Relations John Morgan did not respond to questions about what projects each contractor worked on. Johns Hopkins University . Yale University; Yale Phonebook; Library & Reference . At the low end on that comparison list was Christopher Eisgruber, president of Princeton University, earning $938,839. He was student body president from May 2019 to September 2020. Salovey and Lahy were among a group of 58 presidents earning more than $1 million in 2015. Despite being the second highest-paid university president in 2019 due to his sizable compensation package for the year, Klasko's total pay in 2019 was an 18% decrease from the $5.4 million he earned the previous year. Swensen's compensation consisted of a salary and bonus as well as benefits and deferred compensation. Since the salaries in the 990 form were reported by calendar year (2019) instead of fiscal year, Olians income did not include the 20% pay reduction she took last school year beginning in April 2020 due to the COVID-19 pandemic. Actors Equity Association: How Membership Dues areSpent, Executive Compensation at Actors EquityAssociation, Executive Compensation at Shriners Hospitals(2020). This category of expenditures also includes: the operation of dining halls that provided 2,884,447 meals to students, faculty and staff; maintenance of dormitories housing 4,988 undergraduates and 1,161 . Architectural company Centerbrook, one of Quinnipiacs lead architects that was. An annual report by the Chronicle of Higher Education in December 2017 provides data on the executive compensation at private colleges. as well as other partner offers and accept our, Stan Godlewski/The Washington Post via Getty Images, Sharon Pulwer/The Washington Post via Getty Images, Ronen Tivony/Pacific Press/LightRocket via Getty Images, Ian McVea/Fort Worth Star-Telegram/Tribune News Service via Getty Images, Neilson Barnard/Getty Images for the New York Times, Lane Turner/The Boston Globe via Getty Images. President George H.W. Now hes indicted on federal cocaine trafficking charges, Do Not Sell/Share My Personal Information. Where Does $100 to Shriners Hospitals Go(2020)? The top ten most highly compensated individuals are all men. The following costs only included the estimated costs listed in the building permit of each project, it did not include costs listed in its electrical, mechanical and plumbing permits. It tracks the rising number of Yale administrators and how their salaries have soared, even as faculty pay has remained relatively stagnant. Compensation: $5,037,567. Executive Compensation at the Alliance Defending Freedom(2020). Yale Conferences & Events. Earlier this month, the Harvard Crimson reported that the schools then-chief investment officer Stephen Blyth earned about $14.8 million in 2015. Marc Tessier-Lavigne. University President Peter Salovey, by comparison, was paid about $1.4 million in the same year. His pay was on the lower end of the ten institutions selected by the Chronicle as comparison schools for Yale, with Robert Zimmer of the University of Chicago topping that list at $2.86 million, followed by Lee C. Bollinger of Columbia University bringing in $2.5 million. Hamden PZC approves South Quad project after three months of public hearings, 10% of students respond to Inclusive Excellence Survey, over 45% say campus is not diverse, Quinnipiac agrees to $2.5 million settlement in COVID tuition refund case, The Student News Site of Quinnipiac University, Your email address will not be published. Quinnipiac paid interior construction and furniture company Strategic Spaces $743,257 in 2019. Postgraduate Year. As part of its report, the Chronicle compared the presidents salaries to those at ten similar institutions. Investment income and the sale of assets resulted in $2.1 billion in income (an 8% return) in income (although there was $1.7 in unrealized losses on investments which if recognized means the return was less than 2%. However, 40 percent of his income was due to deferred compensation. Richard C. Levin, Yale University, New Haven, Conn. Total compensation: $1,375,365. "There are various add-ons [in these contracts] that sometimes aren't even defined," said Judith Wilde, a research professor at George Mason University. The office is also responsible for overseeing the academic calendar, annual reports, and registration of non-undergraduate . Another set of permits were issued the same year in September for a full interior renovation of the three residence halls, the estimated cost for each hall was at $1.9 million. A rain garden is an area dug slightly below the surrounding area that can catch and collect rainfall and keep it from carrying pollutants downstream. The gap between what faculty members and presidents earn has also risen. Architectural company Centerbrook, one of Quinnipiacs lead architects that was not chosen to develop the 10-year master plan, also received $425,786 from the university in the same year. Johns Hopkins University's Ronald J. Daniels made $1,734,651 in 2017. When accounting for the performance of Yales investments office over the past three decades, several finance experts contend that Swensen and his colleagues more than earn their keep. As WBUR reporter Curt Nickisch pointed out a couple years ago, it's because Harvard is so much more prestigious. Salovey's compensation included $948,084 in base pay, $53,741 in nontaxable pay and . Although the organization primarily relies on program service revenue (i.e. QU President Judy Olian addresses campus news. for the fiscal year ending June 2020 that the IRS released in June. Likewise, Princeton University President Shirley M. Tilghman ranked 51st with $935,326 in compensation. What do President George W. Bush, writer William F. Buckley Jr., and actress Meryl Streep have in common? Those salaries were earned in the 2015 calendar year the most recent year available from the Internal Revenue Service, according to the Chronicle. According to the Chronicle's senior reporter Jack Stripling, presidential pay is "chiefly driven by comparisons among peers.". Here are the highest-paid university presidents from private and public colleges in the US: Ratio of total compensation to average full-professor salary: 16:1, Ratio of total compensation to average full-professor salary: 9:1, Ratio of total compensation to average full-professor salary: 4:1, Ratio of total compensation to average full-professor salary: 11:1, Ratio of total compensation to average full-professor salary: 12:1, Ratio of total compensation to average full-professor salary: 27:1, Ratio of total compensation to average full-professor salary: 10:1, Ratio of total compensation to average full-professor salary: 13:1. Enter your email address to follow this blog and receive notifications of new posts by email. Over the last decade, experts have noted significant increases in university presidents' pay that show no signs of slowing down soon. While the salary for a specific position will fall within this range, there are a number of factors also taken into consideration to determine the final salary. By clicking Sign up, you agree to receive marketing emails from Insider All residents are employees of Yale-New Haven Hospital, and are provided with a comprehensive benefits package. The unspent portion of revenue more than a billion in 2016 and $2 billion in 2015 went to the net fund assets, a portion of which was offset by unrealized losses on investments. Box 208229, New Haven, CT 06520-8229, President Peter Salovey addresses the Yale College Class of 2026, Yales new commitments to mitigating climate change. But Faust is "one of the least-well-compensated presidents relative to budget," the Chronicle says. California, film director, writer | 775 views, 8 likes, 5 loves, 78 comments, 217 shares, Facebook Watch Videos from Mike Netter: REBUILD CALIFORNIA TOWN. . The estimated base pay is $151,651 per year. An annual report by the Chronicle of Higher Education in July 2017 ranks University of Connecticut President Susan Herbst as the state'stop-paid public university president for the 2015-16 school year. With her colleague, Jim Finkelstein, she has analyzed approximately 250 presidential contracts. Executive Compensation at the International Fellowship of Christians and Jews (2020), Executive Compensation at UPMC (Pittsburgh, PA), Executive Compensation at the American Red Cross (2021), Executive Compensation at the Girl Scouts, Executive Compensation at the Girl Scouts (2021), Executive Compensation at Kaiser Health (2019), Executive Compensation at United Way (2019), Executive Compensation at UnityPoint Health, Executive Compensation at the San Diego Zoo Wildlife Alliance(2020). The Office of the President is located in Woodbridge Hall, a 1901 building erected specifically for administrative purpose. Yale University Dislikes. Required fields are marked *, Building permit for air conditioning unit installation in Larson Hall, Building permit for interior renovation to Quinnipiac President Judy Olian's house, Quinnipiac University President Judy Olian earned $1,023,741 during her first full year at the university in 2019, according to. However, after going through building permits issued by Hamden and North Haven, the following were some of the major construction projects that happened in 2019 besides the three residence halls. Access your favorite topics in a personalized feed while you're on the go. Data for 2009 reflect 519 chief executives at 482 colleges. 3:41 pm, May 26, 2017. Assistant Professor (minimum) 90,000. According to tax filings from 2016, Swensen received about $930,000 more in compensation in the 2014 calendar year than in 2015. Class of 2021. It utilizes . Transportation . Howard Roberts Lamar '51 Ph.D., a venerable expert on the American West and Sterling Professor Emeritus of History who helped guide Yale through a turbulent period as university president in the early 1990s, died on Feb. 22. Lecturer Convertible (minimum) 84,000. Based on the current Yale University-Local 35, FUE, Unite Here contract, the hourly rates in effect as of January 22, 2023 are posted below. At Yale, he served as Dean of Yale College and the Edmund S. Morgan . *Effective July 1, 2022. Yale's former president Richard C. Levin was, at the time, one of the highest paid university presidents in the United States with a 2008 salary of $1.5 million. 1. Faust made $899,734 in 2011, putting her at the 54th highest paid. On benefits, the AAUP found that about 97 percent of full-time professors earn contributions toward their retirement plans from their employers or state or .