The Most Overpaid University Presidents

For instance, E. Gordon Gee of Ohio State University was the only president to make seven figures in 2009, with a total compensation of $1,576,825.  While he ranked high in compensation relative to student body and staff, his compensation represents a below-average fraction of the school’s very large endowment.  The presidents that made out list for most over-paid college president are those at made the top ten in each of the three categories, or if they were distinct standouts in one category.

Hohn C. Hitt:  President of the University of Central Florida tops the ranks in terms of compensation as a percentage of endowment.  Last year he made a total of $594,730.  This represents 0.52% of the school’s endowment, over five times the average.  His pay seems more reasonable.  His compensation was about $11 per student and $69 per staff member, both below average.

G. Jay Gogue: President of University of Auburn University made $727,761 last year.  That represented 0.18% of the school’s $402 million endowment.  Thats just shy of two times the average.  He was paid $30 per student, and $606 per staff member, both well over average.

Carol Z. Garrison: President of University of Alabama at Birmingham made $604,161 last year.  That represents 0.18% of the school’s $332 million endowment.  She was paid $30 per student and $295 dollars per staff member.

Charles W. Steger:  President of Virginia Tech made $732,064 last year.  At 0.14% of the $527 million endowment, he ranks seventh on our list by that measure.  He was paid $24 dollars per student, which is only slightly above average.  He also stands out in dollars per staff member, which was $534 in 2009.

David B. Frohnmayer:  President of University of Oregon made $636,445 last year.  That represented 0.13% of the $497 endowment.  He was pad $31 per student and $382 per staff member, both above average.

Garrett W. McIntyre