The University of California Board of Regents on Thursday approved average 16 percent raises for four chancellors and hired a fifth at a 24 percent increase, amid discussions about increasing compensation across the board for its 10 campus leaders.
“Our chancellors have
not had raises for years,” and they are paid far less than leaders of
large public universities in other states, UC President Janet Napolitano
said during a board meeting in San Francisco...
Full story at http://www.sacbee.com/2014/09/18/6718794/uc-regents-approve-new-chancellor.html
Hard Times (for chancellors) are coming to an end!