Ending a Well-Paid Presidency Often Comes at High Cost

Source: Jack Stripling, Chronicle of Higher Education, May 18, 2014

The three highest-paid public-college leaders in the 
nation have something in common: They earned hundreds of thousands of dollars on their way out the door. The size of the parting packages given to these men—two who resigned amid long-churning controversies and one 
who quit unexpectedly—demonstrates just how expensive it can be for a college to end the presidency of a well-paid chief. E. Gordon Gee, the popular and gaffe-prone former president of Ohio State University, earned more than $6-million in 2012-13, making him the nation’s top-paid college leader for that period, a Chronicle analysis has found. Mr. Gee has maintained that he resigned of his own accord last summer, but the decision came as trustees expressed impatience and disappointment with his often-ill-considered jokes….