The Philadelphia Inquirer: College presidents work in halls of higher earning
Anyone thinking about a career change might want to consider university president, as salaries are rising rapidly at public and private institutions, according to a survey released today.
The region’s earning champ was James P. Gallagher, who stepped down from 3,200-student Philadelphia University in August with $2.6 million, the second-highest wage at a private university in the nation in 2005-06, the most recent year available.
That whopper of a payoff included $2.2 million in deferred compensation that accrued over five years, said Elizabeth Gemmill, chairman of the board of trustees.
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