Edit Module
Edit Module
Edit Module
Edit Module

What Do Chicago-Area University Presidents Make?

We take a look at six of the best-paid.

Saieh Hall for Economics at the University of Chicago   Photos: (UIC) Zbigniew Bzdak/Chicago Tribune; (dollar bill) istockphoto; (presidents) courtesy of the universities

When Roosevelt University’s Charles Middleton landed fifth on the Chronicle of Higher Education’s latest national survey of presidential salaries at private colleges and universities, it was a head-scratcher. The tiny institution (just 3,658 students) rates 91st in the Midwest on U.S. News & World Report’s regional university ranking—not exactly the Ivy League of Chicago. But there’s more to the money than meets the eye: Middleton’s $1.8 million package includes nearly $1.2 million in bonuses, accrued over 10 years and finally awarded now that he’s retiring. His base salary alone doesn’t even crack the top five for the Chicago area.

Charles Middleton

1. Charles Middleton

Roosevelt University
Total 2012 compensation: $1,762,956
How many tuitions cover total comp: 66
National rank: 5th
Base salary: $465,928
Notable perks: Housing and car allowances

Robert Zimmer

2. Robert Zimmer

University of Chicago
Total 2012 compensation: $1,369,856
How many tuitions cover total comp: 29
National rank: 11th
Base salary: $916,620
Notable perks: $106,580 in rent-free mansion living

Morton Schapiro

3. Morton Schapiro

Northwestern University
Total 2012 compensation: $1,123,913
How many tuitions cover total comp: 24
National rank: 24th
Base salary: $829,616
Notable perks: Use of a 10,000-square-foot house

Rev. Dennis Holtschneider

4. Rev. Dennis Holtschneider

DePaul University
Total 2012 compensation: $836,169
How many tuitions cover total comp: 24
National rank: 53rd
Base salary: $505,956
Notable perks: Eternal blessings: He donates his salary to his religious order

Michael Viollt

5. Michael Viollt

Robert Morris University
Total 2012 compensation: $759,913
How many tuitions cover total comp: 32
National rank: 67th
Base salary: $469,839
Notable perks: Personal financial counseling and club dues

John Anderson

6. John Anderson

Illinois Institute of Technology
Total 2012 compensation: $690,123
How many tuitions cover total comp: 17
National rank: 81st
Base salary: $580,948
Notable perks: None

NOTES: Latest figures available. Compensation includes salary, benefits, bonuses, and deferred pay. SOURCES: Chronicle of Higher Education, school 990 tax forms

Share

Edit Module

Advertisement

Edit Module
Submit your comment

Comments are moderated. We review them in an effort to remove foul language, commercial messages, abuse, and irrelevancies.

Edit Module