Board memberships for presidents at colleges with the 50 largest endowments
| Rank | Chief executive | Board memberships and compensation | Total board earnings | College compensation | College and board compensation | How much board earnings increase college compensation |
|---|---|---|---|---|---|---|
| 1 | Drew Gilpin Faust, Harvard U. | none | $0 | $874,559 | $874,559 | 0.0% |
| 2 | Richard C. Levin, Yale U. | American Express Company | $268,836 | $1,627,649 | $1,896,485 | 16.5% |
| 3 | Shirley M. Tilghman, Princeton U. | Google Inc. | $504,206 | $910,626 | $1,414,832 | 55.4% |
| 4 | Francisco G. Cigarroa, U. of Texas system | none | $0 | $813,892 | $813,892 | 0.0% |
| 5 | John L. Hennessy, Stanford U. | $433,187 - Google Inc. $287,100 - Cisco Systems Inc. | $720,287 | $985,569 | $1,705,856 | 73.1% |
| 6 | Susan Hockfield, Massachusetts Institute of Technology | General Electric Company | $298,542 | $931,603 | $1,230,145 | 32.0% |
| 7 | Mary Sue Coleman, U. of Michigan system | $229,940 - Johnson & Johnson $195,448 - Meredith Corporation | $425,388 | $783,850 | $1,209,238 | 54.3% |
| 8 | Lee C. Bollinger, Columbia U. | Washington Post Company | $70,000 | $1,527,217 | $1,597,217 | 4.6% |
| 9 | Morton O. Schapiro, Northwestern U. | Marsh & McLennan Companies | $205,000 | $597,863† | $802,863 | 34.3% |
| 10 | John Sharp, Texas A&M U. system | none | $0 | n/a | n/a | n/a |
| 11 | Amy Gutmann, U. of Pennsylvania | none | $0 | $1,321,040 | $1,321,040 | 0.0% |
| 12 | Robert J. Zimmer, U. of Chicago | none | $0 | $1,276,950 | $1,276,950 | 0.0% |
| 13 | Mark G. Yudof, U. of California system | none | $0 | $783,103 | $783,103 | 0.0% |
| 14 | Rev. John I. Jenkins, U. of Notre Dame | none | $0 | $705,302 | $705,302 | 0.0% |
| 15 | Richard H. Brodhead, Duke U. | none | $0 | $879,024 | $879,024 | 0.0% |
| 16 | James W. Wagner, Emory U. | none | $0 | $1,170,648 | $1,170,648 | 0.0% |
| 17 | Mark S. Wrighton, Washington U. in St. Louis | $236,131 - Corning Inc. $181,900 - Brooks Automation Inc. $130,703 - Cabot Corporation | $548,734 | $861,979 | $1,410,713 | 63.7% |
| 18 | David J. Skorton, Cornell U. | none | $0 | $861,950 | $861,950 | 0.0% |
| 19 | Teresa A. Sullivan, U. of Virginia | none | $0 | n/a | n/a | n/a |
| 20 | David W. Leebron, Rice U. | none | $0 | $1,517,854 | $1,517,854 | 0.0% |
| 21 | Nicholas S. Zeppos, Vanderbilt U. | none | $0 | $1,890,274 | $1,890,274 | 0.0% |
| 22 | Jim Yong Kim, Dartmouth College | none | $0 | $612,718† | $612,718 | 0.0% |
| 23 | C.L. Max Nikias, U. of Southern California | Synopsys Inc. | n/a | n/a | n/a | n/a |
| 24 | John E. Sexton, New York U. | none | $0 | $1,513,723 | $1,513,723 | 0.0% |
| 25 | Ronald J. Daniels, Johns Hopkins U. | none | $0 | $916,634† | $916,634 | 0.0% |
| 26 | Eric W. Kaler, U. of Minnesota system | none | $0 | n/a | n/a | n/a |
| 27 | Ruth J. Simmons, Brown U. | $450,876 - Goldman Sachs Group* $203,872 - Texas Instruments Inc. | $654,748 | $656,683 | $1,311,431 | 99.7% |
| 28 | Mark A. Nordenberg, U. of Pittsburgh | Bank of New York Mellon Corporation | $211,159 | $524,752 | $735,911 | 40.2% |
| 29 | Holden Thorp, U. of North Carolina at Chapel Hill | none | $0 | $444,768 | $444,768 | 0.0% |
| 30 | E. Gordon Gee, Ohio State U. | $160,488 - Bob Evans Farms Inc. $39,644 - Hasbro Inc.* | $200,132 | $1,818,911 | $2,019,043 | 11.0% |
| 31 | Michael K. Young, U. of Washington | SkyWest Inc.* | $95,150 | n/a | n/a | n/a |
| 32 | France A. Córdova, Purdue U. | $250,009 - SAIC Inc. $195,266 - Edison International | $445,275 | $566,440 | $1,011,715 | 78.6% |
| 33 | Edward L. Ayers, U. of Richmond | none | $0 | $719,278 | $719,278 | 0.0% |
| 34 | Marc Tessier-Lavigne, Rockefeller U. | none | $0 | n/a | n/a | n/a |
| 35 | David Ward, U. of Wisconsin at Madison | none | $0 | n/a | n/a | n/a |
| 36 | Jean-Lou A. Chameau, California Institute of Technology | $203,042 - MTS Systems Corporation n/a - John Wiley & Sons Inc. | $203,042 | $792,861 | $995,903 | 25.6% |
| 37 | Adam F. Falk, Williams College | none | $0 | n/a | n/a | n/a |
| 38 | Rev. William P. Leahy, Boston College | none | $0 | $0 | $0 | 0.0% |
| 39 | Barbara R. Snyder, Case Western Reserve U. | KeyCorp | $99,000 | $778,874 | $877,874 | 12.7% |
| 40 | David W. Oxtoby, Pomona College | none | $0 | $474,724 | $474,724 | 0.0% |
| 41 | Lou Anna K. Simon, Michigan State U. | none | $0 | $572,000 | $572,000 | 0.0% |
| 42 | Carolyn A. (Biddy) Martin, Amherst College | none | $0 | n/a | n/a | n/a |
| 43 | Michael A. McRobbie, Indiana U. system | none | $0 | $570,061 | $570,061 | 0.0% |
| 44 | Rodney A. Erickson, Pennsylvania State U. system | none | $0 | n/a | n/a | n/a |
| 45 | Joel Seligman, U. of Rochester | Eastman Kodak Company | $70,000 | $748,126 | $818,126 | 9.4% |
| 46 | H. Kim Bottomly, Wellesley College | none | $0 | $648,015 | $648,015 | 0.0% |
| 47 | Michael J. Hogan, U. of Illinois system | none | $0 | n/a | n/a | n/a |
| 48 | Raynard S. Kington, Grinnell College | none | $0 | n/a | n/a | n/a |
| 49 | Rebecca S. Chopp, Swarthmore College | none | $0 | $330,752† | $330,752 | 0.0% |
| 50 | Carol T. Christ, Smith College | none | $0 | $471,198 | $471,198 | 0.0% |
* No longer on board
† Reflects partial-year compensation.
Note: Only U.S. colleges and companies are included. University compensation is for the 2009-10 fiscal year for public-college presidents and the 2009 calendar year for private-college presidents. These figures are not directly comparable. The most recent board compensation data is typically for the fiscal year ending in 2010 and is not yet available (n/a) for those leaders whose board terms began in 2011. Board terms are based on data available in December 2011.
Sources: Board service and compensation data collected by GMI from 2011 Securities and Exchange Commission filings. Public-college president-compensation data collected by The Chronicle. Private-college president data from Internal Revenue Service Form 990. Endowment data collected by the National Association of College and University Business Officers.
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