vanderbilt chancellor salary
But the university's announcement that annual merit salary increases would be ... the interim chancellor and provost of Vanderbilt, that also described a freeze in merit salary increases. Vanderbilt University's search for its next chancellor has intensified, after Chancellor Nicholas Zeppos said goodbye to the role he's held for more than a decade.. Currently, Gloria Vanderbilt is a descendant of Vanderbilt family. The answer: tuition dollars are supporting a huge education machine where, in the case of Vanderbilt, nearly half of the total expenses ($640 million out of $1.4 billion in expenses, not including depreciation) are compensation-related costs for the 37,165 employees in 2016 (an average of $17,000 per employee – compare this to $75,000 at Yale, $68,000 at Penn and $64,000 at Princeton) although the prior year, it is interesting to note, $2.3 billion was used to compensate 36,272 individuals, which equates to an average of $64,000 – more in line with the industry averages above. Vanderbilt University salary statistics is not exclusive and is for reference only. "Vanderbilt has plenty of money, but itâs not all going to football," Simmons said. $136,642 in employment compensation was given to Gail P Carr-Williams, family member of officer, David Williams, II. Each salary is associated with a real job position. But at Vanderbilt, they were spread across the campus: Four of the 10 employees earning more than $1-million worked at the medical center, two were coaches, and four were administrators. In Louisiana, nine of the top 10 highest-paid public university leaders served For example, David Williams II, vice chancellor for university affairs and general counsel, earned $1,339,968 from the retirement planâalmost twice as much as he earned from his base salary. SUBSCRIBE NOW As low as $3 for 3 months. A free inside look at Vanderbilt University salary trends based on 2623 salaries wages for 579 jobs at Vanderbilt University. Salaries at Vanderbilt University range from an average of $40,596 to $105,071 a year. Vanderbilt University isnât afraid to pay to get what it wants: Ten of its employees earned more than $1-million in 2008, and four of those employees broke the $2-million mark, according to the universityâs most recent tax filing. Executive Compensation at St. Jude's (2018), $19 a Month to St. Jude's: How Much Goes to the Kids, Executive Compensation at Save the Children. Vanderbilt University Community Service Officer in Nashville, TN makes about $15.00 per hour. $425,416 in employment compensation was given to Andrea Birch, family member of trustee, Adolpho Birch, III. What do you think? Human Resources is responsible for determining which job classifications are exempt and non-exempt. In 2016, Vanderbilt Chancellor Nicholas S. Zeppos was credited with $4.3 million in total compensation, including a $2.9 million bonus. In addition, the university posted a nearly $200 million charge to net assets from “discontinued operations” (no detail provided) and a $236 million reduction in net assets due to a net unrealized loss on investments to end the year with $5.4 billion compared to $6 billion at the end of the previous year. Indeed.com estimated this salary based on data from 10 employees, users and past and present job ads. Sorry, your blog cannot share posts by email. Post was not sent - check your email addresses! There are federal and state laws that regulate wage and hour issues including child labor, minimum wage, overtime pay and record-keeping. Those rumors now have come true with the resignation of Malcolm Turner as athletic director. When the former chancellor, E. Gordon Gee, left for a second term as president at Ohio State University in 2007, Vanderbilt wanted to be sure he didnât take his team with him. David Posch, CEO of Vanderbilt University Adult Hospital and Clinics and executive director for the Vanderbilt Medical Group, has been named to the newly created position of associate vice chancellor for Population Health. To some extent, new federal reporting requirements underlie the apparent jump in compensation. Speculation has been going around the Vanderbilt community that things inside McGugin Center were not good. Exempt status is based on the duties and responsibilities of an individual position, the required educational level and the salary received. Costs for the buy-up depend on your annual salary. At some other universities, the top earners were concentrated in athletics. Â At nearly $70,000 a year for tuition, room, and board, Vanderbilt’s fees are right in line with other top private colleges and, yet people still wonder why a 4-year education at Vanderbilt costs nearly $300,000? Salaries posted anonymously by Vanderbilt University employees. An internationally renowned political scientist and management scholar, Daniel Diermeier is the ninth chancellor of Vanderbilt University. $117,653 in tuition assistance was provided to three interested persons (typically relatives of officers or employees). The numbers, which resulted in part from large retention bonuses paid to top administrators, are unprecedented. ... are in good hands with Chancellor â¦ Diermeier is a fellow of the American Academy of Arts and Sciences, the Guggenheim Foundation and the Canadian Institute of Advanced Research. Chancellor Faculty Fellow, 2019-21 Faculty Co-director, LL.M. The remaining revenue – about $14 million (which equates to less than 1% return on the $6 billion in net fund assets) – came from investment income while $33 million came from Â royalties, rental income, and the sale of assets. In the universityâs eyes, the plan has worked. Cornelius Vanderbilt had made around $1000 in the first year of his shipping business. Executive Compensation at the National Pork Producers Council, Executive Compensation at Sentara Hospitals, Executive Compensation at Sentara Healthcare, $2,721,834: Â Derek Mason, BS, Head Football Coach, $2,261,761: Â Kevin E Stallings, MS, Head Mens Basketball Coach, $1,967,806: Â Jeffrey R Balser, MD, PhD, VC for Health Affairs, Dean, School of Med, $1,939,305: Â Paul A Thomas, MD, Assoc Prof of Clinical Orthopedic Surgery, $1,821,566: Â Anders W Hall, MBA, VC for Investments, Chief Investment Officer, $1,618,461: Â Charles W Pinson, MD, MBA, DVC for Health Affairs, Sr Assoc Dean, $1,581,099: Â Nicholas S Zeppos, JD, Chancellor, $1,556,921: Â Michael J McNamara, MD, Assoc Prof of Orthopedics, Surgery, and Rehabilitation, $1,413,017: Â Todd R Worth, MD, Asst Professor of Orthopedic Surgery, $1,193,193: Â Brett C Sweet, MBA, VC for Finance and CFO, $1,062,693: Â David Williams, II, MBA, JD, LLM, VC for Athletics, $ Â 997,015: Â John M Lutz, AB, VC for IT, $ Â 942,452: Â John F Manning, Jr, PhD, MBA, AVC for Health Aff, Chief Admin Officer, Sr Assoc Dean, $ Â 858,137: Â David R Posch, EVP, Population Health, $ Â 793,119: Â Audrey Jane Anderson, JD, VC, General Counsel, and University Secretary, $ Â 786,685: Â Susan Wente, PhD, Provost and VC for Academic Affairs and Prof of Biology, $ Â 729,724: Â Charles L Gregory, MA, MBA, MHA,Chief Bus Dev Off, Asst VC/CEO Children’s Hosp, $ Â 640,106: Â Richard C McCarty, MS, PhD, Former Provost, Current Professor of Psychology, $ Â 630,807: Â Mitchell Edgeworth, MBA, CEO, Vanderbilt U Hospital and Clinics, $ Â 605,360: Â Susie S Stalcup, BBA, CFP, Vice Chancellor for Development and Alumni Relations, $ Â 497,378: Â Eric C Kopstain, MBA, Vice Chancellor for Administration, $ Â 455,008: Â Beth A Fortune, MA, Vice Chancellor for Public Affairs. The top 14 most highly compensated individuals were men who received $800,000 – $2,700,000. Faculty leaders, too, say they understand the reason for the unusually high compensation numbers. Enter your email address to follow this blog and receive notifications of new posts by email. Vandy pays an SEC salary and to this point has accepted below average results. Vanderbilt reports on the Form 990 that the university paid for first class or charter travel and travel for companions but it is unclear how much of the $24 million was spent on these benefits. The Form 990 (2015 for the year beginning July 1, 2015 and ending June 30, 2016) reported 3,721 individuals received more than $100,000 in compensation, with the 22 most highly compensated individuals (note: Â titles are quite lengthy so they have been shortened where VC = Vice Chancellor, DVC=Deputy Vice Chancellor) listed below: Of the 22 individuals listed above, 18 (82%) are men, while 4 (18% are women). When the former chancellor, E. Gordon Gee, left for a second term as president at Ohio State University in 2007, Vanderbilt wanted to be sure he didnât take his team with him. Malcolm Turner is an American athletics administrator and a former Vice Chancellor for Athletics and University Affairs and Athletic Director at Vanderbilt University. $165,812 in employment compensation was given to Gary Robert Kimball, family member of trustee, Carroll E Kimball. âIf thatâs what it takes when there is a competitive hiring environment to keep somebody, then thatâs what it takes,â Ms. Paschal said. Where Does $100 to Samaritan’s Purse Go (2019)? ... Oh, yeah, and they fired the last guy (an alum!) Seven-figure salaries could become more common in higher education as colleges try to attract top talent. Â In addition, Vanderbilt paid for health or social club dues but it is unclear what the amount is. âThe compensation for executives that year reflects the strategic decision of the Board of Trust to offer additional incentives to keep the universityâs management team in place,â said Beth A. âAs a result of keeping a talented and skilled management team largely intact during a leadership transition,â Ms. Fortune said, âVanderbilt has continued to make great strides.â.
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