University CEO Pay

With respect to the previous post ("Is There Anything the Modern University President Won't Do for Money?"), here is a column from Frank Bruni in today's New York Times on the alarming trend of escalating salaries for university presidents.  The huge paycheques and golden parachutes awarded to people like Yale's Richard Levin ($8.5M lump sum retirement nest egg) or Ohio State's E. Gordon Gee ($6M cash-out package) make me wonder what our own fearless leader will take with her when she departs this summer.  By the time we find out, she'll be long gone, and it will be water under the bridge.  But how many times must our BoG throw huge sums of money around for upper administrators, while doing everything they can to screw the rank and file faculty of AASUA before we acknowledge that these people are both incompetent and evil?