Previously known as the highest-paid college president in the United States, University President Robert J. Zimmer is now ranked as the administrator with the 11th-largest compensation, according to a survey recently released by the Chronicle of Higher Education.
The results published relied on data from 2012 salary figures, so the statistics do not reflect Zimmer’s current pay.
Zimmer’s ranking reflects a drop from the Chronicle’s 2011 ranking of Zimmer as the highest-paid university president in the U.S. There is a $1.5 million difference in pay between the 2011 and 2012 figures—Zimmer’s pay totaled $2,903,923 in 2011 and dropped to $1,369,856 in 2012. Most of the payment in 2011 was the result of a lump sum of wages Zimmer deferred in earlier years. Figures for 2013 are not currently published.
“The compensation of University officers is consistent with leaders of institutions of similar scale and caliber,” University spokesperson Steve Kloehn wrote in an e-mail to the Maroon in November.
Kloehn said executive compensation was decided by the Board of Trustees with guidance from an outside consultant and a recommendation from the President.