Tuesday, January 31, 2017

Change in Direction

University of California administrators stopped pursuing high-dollar moonlighting positions after scrutiny of former UC Davis Chancellor Linda P.B. Katehi’s corporate board seats prompted tighter restrictions last year. A new UC report shows that only 11 senior managers accepted outside positions between July 21 and Nov. 30. Only three of the positions are paid, and the compensation totaled just $9,510. That marked a dramatic shift from the array of high-paying outside jobs approved in 2015. That year, 17 managers asked to take new jobs paying a total of $720,000, with the highest earning $80,000 annually. Beyond that, some administrators received stock options whose value was undetermined at the time...

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