Saturday, July 21, 2018

One Public-College President Made $4 Million Last Year. Now His University Wants It Back. - Dan Bauman, Chronicle of Higher Ed

A deferred-compensation payout from the U. of Louisville made James Ramsey the highest-paid leader of a public college in 2017. The messiest divorces are often the ones that put the most money at stake. And few higher-ed breakups have been more acrimonious — or more costly — than that of the University of Louisville and its former president, James R. Ramsey. Ramsey, who led the university and its foundation, resigned both posts in 2016 after a nearly 14-year term marked equally by growth and controversy. Despite leaving the university just 27 days into the 2017 fiscal year, he became the year’s highest-paid public-college president, earning nearly $4.3 million. https://www.chronicle.com/article/One-Public-College-President/243923