[Tsa] Hexter's Salary

[Rae Henaghan]

Subject: pres salary

Here's what I find--from 2008, be it note:

Published on GazetteNET (http://www.gazettenet.com)

Pay increases for college presidents vary widely

By Kristin Palpini
Created 11/18/2008 - 05:21


amherst amherst college hampshire college local mount holyoke
college smith college umass amherst
While the average American employee earned less than a 4 percent
raise in 2007-08, the same can't be said for the average university
president.

According to a new study by the Chronicle of Higher Education,
compensation for a chancellor or president at a public research
university increased by 7.6 percent between 2007 and 2008, giving
executives an average $427,400 pay package for the year.

The annual study of higher education chiefs' earnings also reported
that in 2006-2007, the most recent information available, the
average private college president earned a 6 percent raise.

In the Valley, wage increases for top academic brass ranged from
below average, a 1 percent raise for University of Massachusetts
President Jack M. Wilson, to above average, a 30 percent gain for
Hampshire College President Ralph J. Hexter.

Despite Hexter's $76,527 one-year raise, which brought his
compensation up to $328,139, he still earns less than his Five
College colleagues. Hexter received the raise after about one year
of service. He was hired in August 2005.

"The board of trustees is clearly very pleased with the strong
leadership President Hexter provides for the college," said Elaine
Thomas, Hampshire College's director of communications, noting that
trustees set the president's compensation.

Last year, UMass President Wilson's total compensation rose by 1
percent, or $4,934, to $473,200. The compensation package included
$360,000 in his salary, a $45,000 housing allowance, a car, $25,000
deferred compensation and $43,200 for retirement pay. Wilson
oversees the UMass five-campus system.

Robert P. Connolly, a spokesman for the UMass president's office,
said the president's salary is set by the Board of Trustees and is
based on performance. Salary packages are also weighed against
executive compensation at peer institutions.

"We make extensive use of peer data in establishing the salaries of
senior administrators," Connolly said. "It has to be comparable."

As a comparison, president of the University of Connecticut earned
$610,000 in total compensation during the 2007-08 academic year. The
University of New Hampshire president earned $381,870 and the
Rutgers University of New Jersey president earned $666,999.

The highest paid university president of all was David J. Sargent of
Suffolk University in Boston. He earned $2.8 million in 2007-08,
according to the Chronicle of Higher Education.

Loss of bonuses

This year, Wilson's base salary is $425,000, according to UMass.
Wilson's salary was increased by 18 percent over the $360,000 he
earned last year because, following a change in compensation
protocol instituted by trustees, the president is no longer eligible
to receive performance bonuses.

At Amherst College, President Anthony W. Marx received a 12.7
percent increase, or an additional $53,629, in compensation between
2005-06 and 2006-07. Marx earned a total of $475,026 that year,
which included $143,497 in benefits and $331,529 in salary.

"Amherst makes every effort to ensure that President Anthony W. Marx
is fairly compensated and takes a number of factors into
consideration, including the length and quality of his service to
the college, among many others," said Caroline J. Hanna, Amherst
College's director of media relations.

Smith College President Carol T. Christ received a 6 percent, or
$23,426, raise in compensation. She earned $411,852 during the
2006-07 academic year, which included $88,816 in benefits and
$322,036 in salary.

Kristen A. Cole, Smith's media relations director, cited a host of
Christ's accomplishments as president, including developing a
campuswide strategic plan, showing leadership in the college's
environmental commitments, promoting a capital plan and, along with
Mount Holyoke College President Joanne V. Creighton, she began the
organization Women's Education Worldwide, which comprises 50
colleges. The organization is committed to increasing access to
quality education for girls and women.

"While developing Smith's ties across the country and around the
world, Christ is equally committed to strengthening relations
between the college and its local community," Cole said.

Mount Holyoke College President Creighton received a 2.9 percent, or
$12,081, raise in compensation. She earned $371,018 that year, which
included $45,670 in benefits and 378,409 in salary.

Creighton's compensation "reflects her successful presidency and her
more than 12 years at Mount Holyoke College," said Jesse H. Lytle,
assistant to the president. "As president, she both guides the
strategic planning for the college's forward movement and leads the
institution on a day-to-day basis, not only setting the tone, but
becoming directly involved in the many aspects involved in carrying
out our mission."

Data on private college presidential compensation in 2007-08 will
not be available until 2009, according to the Chronicle of Higher
Education which obtains information on private college president pay
from the IRS. Up-to-date information on public research university
pay packages was available to the weekly publication because all
compensation records at such universities are a matter of public
record.

Daily Hampshire Gazette © 2008 All rights reserved


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