UNIVERSITY RANKINGS

WHO EARNS WHAT

University heads make more than the PM, less than athletes and CEOs

SANDY FARRAN November 13 2006
UNIVERSITY RANKINGS

WHO EARNS WHAT

University heads make more than the PM, less than athletes and CEOs

SANDY FARRAN November 13 2006

WHO EARNS WHAT

UNIVERSITY RANKINGS

University heads make more than the PM, less than athletes and CEOs

SANDY FARRAN

How much are university presidents paid? And are they underpaid or overpaid? The answer depends to some extent on another question: compared to whom?

Benchmarked against professional athletes and CEOs, Canadian university presidents seem underpaid. Compared to their peers at American private universities (several U.S. private university presidents make over US$1 million) and at U.S. public universities (where the median compensation is

US$360,000), the pay packets of Canadian presidents seem to be about in the ballpark. Compared to other Canadian public officials, however, such as the prime minister and provincial premiers, they appear to be overpaid.

Until recent years, university presidents didn’t make much more than professors. That changed when institutions began to be run more like corporations. Last year, 18 university presidents earned over $300,000, including Alberta president Indira Samarasekera, who broke the half-million mark. Like many of her peers, her package includes house and car allowances, performance bonuses and deferred compensation. Interestingly, the highest-paid university official in the country appears to be Lelix Chee of U of T, who made just under $600,000 in 2005His

job: CEO of U of T Asset Management Corporation, which runs the university’s money.

All figures listed here are for 2005, except where otherwise indicated. In some cases the most recent figures available are for 2004; and in the case of UBC, Brock, Regina and Harvard, the occupant of the president’s chair has changed in the past year. We have listed the name and compensation of the previous

president as that is all that is publicly available. In addition, provincial salary disclosure reports don’t always show full-year compensation for new presidents. David Naylor’s compensation package at U of T, for example, includes the part of the year when he was dean of medicine, and his taxable benefits for housing only represent the part of the year he lived in the university-owned president’s home. M

INSTITUTION PRESIDENT OTHER COMPENSATION Royal Bank Gordon Nixon (CEO) $1,400,000 $8,912,595 $10,312,595 Calgary Flames Jarome Iginla (Captain) US$7,000,000 US$7,000,000 U Michigan* Mary Sue Coleman US$501,458 US$223,146 US$724,604 Alberta Indira Samarasekera $366,000 $190,000 $556,000 Harvard** Lawrence Summers US$522,714 US$31,384 US$554,098 Calgary Harvey Weingarten $309,000 $140,000 $449,000 UBC** Martha Piper $350,000 $84,567 $434,567 McMaster Peter George $410,055 $10,259 $420,314 U.S. President George W. Bush US$400,000 US$400,000 Waterloo David Johnston $382,999 $14,231 $397,230 McGill* Heather Munroe-Blum $369,250 $22,496 $391,746 Victoria David Turpin $290,000 $93,500 $383,500 Lethbridge William Cade $271,000 $111,000 $382,000 Simon Fraser Michael Stevenson $305,000 $68,972 $373,972 Toronto David Naylor $354,117 $8,042 $362,159 York Lorna Marsden $347,347 $3,647 $350,994 Western Paul Davenport $314,574 $19,875 $334,449 UNBC Don Cozzetto (2006) $250,000 $78,200 $328,200 Manitoba Emöke Szathmáry $320,195 $320,195 Queen’s Karen Hitchcock $306,425 $10,968 $317,393 Guelph Alastair Summerlee $273,062 $32,485 $305,547 Ottawa Gilles Patry $293,265 $11,820 $305,085 Wilfrid Laurier Robert Rosehart $291,851 $10,238 $302,089 Prime Minister Stephen Harper $295,400 $2,122 $297,522 Chief Justice Beverley McLachlin $297,100 $297,100 Windsor Ross Paul $280,337 $15,960 $296,297 Dalhousie* Thomas Través $253,653 $42,286 $295,939 Saskatchewan Peter MacKinnon $275,000 $7,200 $282,200 Montréal Luc Vinet $260,000 $260,000 Trent Bonnie Patterson $235,499 $22,475 $257,974 Winnipeg Lloyd Axworthy $249,298 Laurentian Judith Woodsworth $225,825 $21,825 $247,650 Brock** Terrance Boak (acting) $231,139 $11,099 $242,238 Regina** David Barnard $215,710 $26,414 $242,124 Memorial Axel Meisen $230,685 $7,861 $238,546 Acadia Gail Dinter-Gottlieb $213,377 $24,000 $237,377 Lakehead Frederick Gilbert $236,038 $1,137 $237,175 Saint Mary’s Colin Dodds $185,000 $44,300 $229,300 Nipissing Dennis Mock $222,603 $6,169 $228,772 St. Francis Xavier Sean Riley $200,000 $22,287 $222,287 Sherbrooke Bruno-Marie Béchard $211,000 $211,000 Cape Breton John Harker $183,917 $25,526 $209,443 Brandon* Louis Visentin $207,050 Laval Michel Pigeon $205,000 $205,000 Ryerson Sheldon Levy $173,109 $3,370 $176,479 Mt. Saint Vincent Kathryn Laurin (2006) $175,000 $175,000 Carleton David Atkinson $125,051 $30,175 $155,226 Premier (Alberta) Ralph Klein $145,380 $145,380 Bishop’s* Robert Poupart $83,037 $1,152 $84,189 Note: All figures for 2005 unless otherwise noted. No information available for Concordia, Moncton, Mount Allison, New Brunswick, UPEI and St. Thomas.* 2004 data; ** 2004 data, the presidents of these universities have since changed. SOURCES: CAUT Almanac of Post-secondary Education, 2006; The Chronicle of Higher Education, provincial reports, universities.