Former Webster University President in Millionaire Academics Club, Sort Of
Near the top of the rankings, at number four, is former Webster University president Richard S. Meyers, who earned $1,429,738 in 2007-08. That's more than $150,000 less than his most highly-compensated peer, Shirley Ann Jackson of Rensselaer Polytechnic Institute in Troy, New York, who pulls in $1,598,247.
That must chafe.
According to a report by the Chronicle of Higher Education which Kerth kindly forwarded to Daily RFT, Meyers' actual salary for 2007-08 was a comparatively modest $696,713. The remainder of his million-dollar paycheck was comprised of $733,025 in benefits and a $2,163 expense account.
Portions of Meyers' salary, Kerth says, had been invested over the course of his presidency and allowed to accumulate, tax free. Meyers had the good fortunte of resigning in February, 2008, more than six months before the great crash.
|Fielding Graduate University|
Before 2006-07, his total compensation was never more than $410,000, well below what the Times reported as the national average.
Kerth declined to tell Daily RFT how much Beth Stroble, Webster's current president earns. (Stroble took office in August.) "It's not our police to comment on personnel matters," she said. Except, of course, when they become public record.