5/13/2013: Gottfredson’s compensation is ~10% above comparators:
We all know UO faculty salaries are bad. Check here to see how far you are behind your peers. But the UO salary news isn’t grim for everyone. The Chronicle just reported salaries for 212 presidents and chancellors at public research universities, for 2011. The median total compensation (includes deferred) is $400,000. President Gottfredson’s contract is here. His starting pay was $440K, plus $100K deferred, plus ORP at about $63K, plus $14.4K for a car, plus use of McMorran house or Treetops, worth say $36K – below market, but he’s gotta use it for entertaining too. So, including ORP his total comp is about $653K. Leaving out the house and car, it’s $603K.
Average compensation at our AAU comparators is $612K. If you leave out IU and Michigan, where the presidents run entire systems, the average is $553K. Of course many of these other presidents have years of presidential experience.
Considering overall responsibilities and importance, I’d say they are all out of proportion.
Somewhat outdated info, but still food for thought…
http://wiki.answers.com/Q/Who_is_highest_paid_heads_of_state_in_the_world
George Bush is paid $400,000 a year, while his No. 2, Dick Cheney, pulls down $208,575.
Gordon Brown gets $375,000.
Nicolas Sarkozy draws $346,000.
Angela Merkel is paid $318,000.
Putin’s official salary is $81,000.
Anonymous — worth considering that the Gov of Oregon gets $93K while many UO faculty make a good deal more than that.
A bit of history: When the Old Man came West (1959), no UO salary was allowed to be greater than that of The Governor.
And a manager at a Walmart makes $93k on average as well. http://www.glassdoor.com/Salary/Walmart-Stores-Store-Manager-Salaries-E715_D_KO15,28.htm