Wednesday, November 21, 2012

New Cal State chancellor asks for salary cut to help budget - LA Times

The incoming chancellor of the California State University system surprised trustees Wednesday by requesting that his proposed salary be reduced to help the institution climb out of a deep financial hole. The gesture by Timothy P. White, who begins duties Dec. 31, drew cheers from a board room packed with students, faculty and members of the public. The trustees are holding their scheduled meeting in Long Beach. The request was included in a letter read by board chairman A. Robert Linscheid as trustees were set to consider a compensation package that would have included an annual salary of $421,500, plus an annual salary supplement of $30,000 from the California State University. In the letter, he said the request for a 10% reduction in the state-funded portion of his salary was in the best interests of the university, which has weathered steep funding cuts. http://latimesblogs.latimes.com/lanow/2012/11/cal-state-chancellor-salary.html