PrezBo Takes A (Small) Paycut
Written by Bwog Staff
– We still like to think PrezBo
These economic times have been rough on everyone, and even PrezBo’s checkbook is feeling a really tiny bit of heat. According to the Chronicle of Higher Education, Bollinger took home a sweet $1,380,035 in total compensation during fiscal year 2008. The Chronicle reports that Bollinger’s “pay is $878,975. Benefits include credits for supplemental retirement income that are based on performance and subject to vesting.”
The number is $40,000 (~3%) decline from his total last year of $1.42 million, and his base pay has declined slightly as well. But PrezBo remains the sixth-best compensated private college president in the country, and first among Ivy League presidents (second is Penn’s Amy Gutmann, with a total of $1.23 million). Then again, looking at our fellow Ivies’ endowment troubles, maybe he deserves a few chunks of change.
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