CommonWealth Column: College Presidents Need to Be Paid Well

Posted by Barry Koslow on Fri, Aug, 01, 2014 @ 12:08 PM

CommonWealth magazine recently posted an opinion piece by Barry Koslow that focuses on executive compensation for leaders of private colleges and universities. The article begins:

Private colleges and universities – and the board members and presidents who lead them – must recognize that they operate within a new age of transparency and disclosure of executive compensation policies. The days of quiet side deals, of surreptitiously padding the paychecks of presidents through the creative use of footnotes or financial gymnastics, are over. The pay packages at institutions of higher learning, whether they represent base salaries, bonuses, deferred retirement compensation, or all of the above and more, eventually will see the light of day.

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Tags: Deferred Compensation Plans, Board Responsibility, Executive Compensation