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Amid Complaints About His High Pay, U. of Louisville President Gets Smaller Merit Raise

James Ramsey, the University of Louisville’s president, got a lot of attention last week for his compensation after The Courier-Journal, in Louisville, reported that he made $1.67 million last year, considerably more than presidents at similar institutions.

On Friday the university’s Board of Trustees still gave him a merit raise, but cut it from the recommended 6 percent to 3 percent.

One trustee called Mr. Ramsey’s pay “unfathomable.” Another said giving him a raise was hurting the morale of the faculty. But other trustees defending his pay, pointing out that he’s brought in millions of dollars to the university and is sought after for other jobs.

After the startling revelation that University of Louisville president James Ramsey will make $2.5 million this year – not the $1.1 million reported by a consultant Monday – the Board of Trustees voted Friday to increase his merit pay by 3 percent rather than 6 percent.

Read more at: www.courier-journal.com

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