Wednesday, January 25, 2012

CSU establishes salary cap for campus presidents

CSU has adopted a salary cap for its campus presidents, equivalent of UC chancellors.  Will the Regents take similar action?

The California State University board of trustees on Wednesday capped salaries of newly hired campus presidents at $325,000 after an outcry over a $400,000 pay package approved for a new president last year when tuition shot up 12 percent.  The new policy will establish a salary ceiling of $325,000 or raise the salary by no more than 10 percent of the pay received by the outgoing president...

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