By Melissa Benton |Staff Writer| Incoming presidents of CSU campuses will not receive a starting salary of 110 percent of that of the incumbent’s base pay, according to a CSU press release. The new policy, declared by the CSU Board of Trustees on Jan. 25, was first introduced from the Special Committee on Presidential Selection and Compensation which has been reviewing the system’s selection process and executive compensation structure. According to CSU board bhair Herbert Carter, the new policy will aid all presidential candidates, the public and others by maintaining presidential salaries at a reasonable level in the future. “Our continued goal is to recruit and compete for the best … [Read more...] about CSU limits new president salaries to 110 percent of incumbent’ss
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Senate Bill seeks to limit CSU president salaries
By Melissa Benton |Staff Writer| Senate Bill 755, introduced by Senator Ted W. Lieu, would limit CSU president salaries to 150 percent of the salary of California’s Chief Justice. According to the National Center for State Courts, Chief Justice Tani Cantil-Sakauye currently earns $228,856. This means that CSU presidents could earn up to $343,269. SB 755 would require that the CSU Board of Trustees discuss tuition or salary increases in an open session. It also would stop pay increases or bonuses to campus presidents if student tuition was raised in the last three years. This change to the bill was introduced because of San Diego State University (SDSU) which received a new … [Read more...] about Senate Bill seeks to limit CSU president salaries
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