Compensation for UF President May Top $1 Million

GMTplus7
Tue, 02 Sep 2014 07:36:03 +0000

A $1 million annual compensation for that level of responsibility seems entirely reasonable to me.

Compare that to the $100 million packages the Masters of the Universe get for driving the global economy into a tail spin (e.g., goldman sachs, AIG, leman brothers)
http://www.theguardian.com/commentisfree/cifamerica/2011/dec/12/lehman-brothers-bankrupt

Of course, Lehman Brothers’ top bank executives rewarded themselves stupendously while directing Lehman Brothers into collapse. In October 2008, the CEO of Lehman Brothers, Richard S Fuld, argued over pay with Congressman Henry Waxman during public hearings on the bankruptcy. Fuld insisted he had taken “only” $310m in compensation during the seven years before 2008, whereas Waxman’s figure was $485m.



$1million at UF is a bargain.