CSU Board Of Trustees To Consider Capping Presidents’ Pay
LONG BEACH (AP) — The California State University board of trustees is set to consider capping raises given to newly hired campus presidents after an outcry over a $100,000 raise given to a new president last year.
The board’s subcommittee on presidential pay on Wednesday approved the new policy, which will be voted on by the full board later in the day.
The policy will cap salaries at $325,000 or raise the salary by no more than 10 percent of the pay received by the outgoing president.
The move comes after a bill was introduced last year in the state Senate to limit presidents’ salaries after the board gave a $100,000 raise to the new president of San Diego State University in the same meeting in which it approved a 12 percent tuition hike.
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