After 50 Years, Suffolk U.’s President Has a Big Pay Day

by E Wayne Ross on November 17, 2008

The Chronicle: After 50 Years, Suffolk U.’s President Has a Big Pay Day

The nation’s highest-compensated college chief is David J. Sargent, Suffolk University’s veteran president, according to The Chronicle’s latest survey of executive pay.

Mr. Sargent’s total compensation of $2,800,461 in 2006-7 topped that of 784 presidents of public and private universities, as well as of 64 community colleges. Officials at Suffolk say the figures, which are the most recent available, include $436,000 in base pay and a $436,000 longevity bonus. His benefits included a $1,190,000 deferred sabbatical bonus, $555,667 in deferred compensation, a performance bonus of $87,200, and $56,262 in health, dental, and other retirement benefits.