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November 3rd, 2009

Brody Paid $1.1m for 2007-2008

Former Johns Hopkins president Bill Brody received $1,105,833 for the 2008 fiscal year according to a Chronicle of Higher Education report detailing executive compensation at American universities. Brody, who has since left the University for the Salk Institute in San Diego, was once one of the highest paid university presidents, peaking at $1,938,024 in the 2006 fiscal year.

The Chronicle’s figure includes Brody’s pay and benefits which broke down to $950,352 and $155,481, respectively. He was the 18th highest paid university president overall. He was behind president Harold J. Raveche of Stevens Institute of Technology in Hoboken, N.J., who received $1,119,685 for the same period. However, Brody ranked 7th among universities the Chronicle considers “very high research universities.”

The University paid Brody $1,060,772 in the 2007 fiscal year, a significant drop from his all time high in 2006.

The title of “highest paid university executive” went to Shirley Ann Jackson, president of Rensselaer Polytechnic Institute in Troy, N.Y., who collected $1,598,247.

For perspective, 23 private university presidents reaped over $1 million in total compensation. Sister Janet Eisner, president of Emmanuel College in Boston received the least compensation at $7,166. A number of other university executives received no compensation but they mostly come from religiously affiliated universities.

The Chronicle also reported the University’s revenue at $3.7 billion and expenditures at $3.5 billion.

Nothing has been made public about president Ron Daniels’ compensation from the university.

–Michael Szeto
blogs.jhunewsletter.com

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