Professional Documents
Culture Documents
Revised
July 16, 2015
Prepared by:
Mark Reilly, Principal, Head of Executive Compensation Practice
Ben Allen, Senior Associate
Erin Beth Garvin, Associate
Contents
1.
2.
3.
4.
5.
6.
7.
8.
9.
Executive Summary
Project Objective
Project Steps
University of Louisville Compensation Summary
Summary of Base Salary Findings
Summary of Total Cash Findings (Base + Annual Incentives)
Summary of Total Compensation Findings (Total Cash + Deferred Compensation and Benefits)
Findings and Preliminary Recommendations
Next Steps
University of Louisville
.
University of Louisville
Deferred compensation plans are used by many Universities and are considered common
practice. The current vesting schedule used by the Universitys plan is too short and should be at
least 3 years. The is no retention element if the deferred compensation award vests immediately.
A more detailed analysis should be conducted to determine if the deferred compensation plans
are structured to meet the Universitys objectives.
The current compensation philosophy is (appears) to pay market salaries, incentives and provide
deferred compensation plans. We recommend the University develop a formal executive
compensation philosophy document which would be used as a guide for future compensation
decisions.
Matching executives to the market is not an exact science. We used three data sources to
mitigate this weakness: peer group 990s and survey data available from The Chronical of Higher
Education and CUPA.
The peer group 990 data may be understated, as many report income from multiple sources.
Although we did review foundation 990s, its impossible to know if we captured the complete
picture from the 990s. A custom survey should be considered.
Name of Presentation
Project Objective
The University of Louisville has retained Verisight to conduct a competitive market review for six
Executive Officer positions:
President
EVP Provost
SVP Finance and Administration/COO
EVP Health Affairs
EVP Research
VP Strategy and General Counsel
University of Louisville
Project Steps
University of Louisville
University of Louisville
President: Dr. Ramseys base salary is a combination of base salaries paid by the University of
Louisville and the University of Louisville Foundation. He is eligible for an annual performance
bonus in an amount up to 25% of his combined salary, which may then be deferred. He is a
participant in the Key Employee Deferred Compensation Plan and will receive annual deferred
compensation in the amount of $75,000, plus $250,000 a year through 2020. Deferred
compensation payments include a tax gross-up.
EVP Provost: Dr. Willihnganzs base salary is a combination of base salaries paid by the
University of Louisville and the University of Louisville Foundation. Her base salary paid by the
University of Louisville is comprised of a 10-month academic component and an administrative
supplement. She is eligible for an annual performance bonus in an amount up to 20% of her nonFoundation salary. She is a participant in the Key Employee Deferred Compensation Plan and
receives annual deferred compensation in the amount of $50,000. She has also received
additional contributions of $150,000 for the last three years. Deferred compensation payments
include a tax gross-up.
SVP Finance and Administration/COO: Mr. Sands is a FY 2015 hire whose base salary is paid
by the University of Louisville. He is eligible for an annual performance bonus in an amount up to
20% of his base salary. He is a participant in the Key Employee Deferred Compensation Plan and
receives annual deferred compensation in the amount of $100,000. Deferred compensation
payments include a tax gross-up.
University of Louisville
EVP Health Affairs: Dr. Dunns base salary is paid by the University of Louisville, with the
academic component accounting for 75% and the remaining 25% administrative supplement
being at risk and payable upon successful completion of goals agreed to at the beginning of the
fiscal year. He is eligible for an extraordinary performance bonus in an amount up to 10% of his
combined salary.
EVP Research: Dr. Pierces base salary is paid by the University of Louisville, with the academic
component accounting for 90% and the remaining 10% administrative supplement being at risk
and payable upon successful completion of goals agreed to at the beginning of the fiscal year. He
is a participant in the Key Employee Deferred Compensation Plan and receives annual deferred
compensation in the amount of $40,000.
VP Strategy and General Counsel: Ms. Strohm is a FY 2015 hire whose base salary is paid by
the University of Louisville. She is eligible for an annual performance bonus in an amount up to
$40,000.
The value of perquisites (car allowance, bridge loans, club memberships, etc.) received in the past
year was not provided and is not included in determining Total Compensation.
University of Louisville
Position Title
President
1
Incumbent
Dr. James
Ramsey
(a)
(b)
(c)
Deferred
Base Salary
Bonus
$624,000
Deferred
Compensation
$1,905,239
Total
$2,529,239
Each University employee participates in the University Retirement Plan, a 403(b) deferred compensation plan in which the University contributes
7.5% of base salary up to a max of $200,000.
3
Deferred compensation based on University Retirement Plan contributions, along with $75,000 and $500,000 DCPA annual contributions
awarded on 1/1/2014. Deferred compensation payments include a tax gross-up based on a 50% tax rate.
Note: Includes $574,321 in deferred compensation interest earnings, with gross-ups.
University of Louisville
10
Taxes
Net
Earnings
$12,644.60
$6,935.56
$5,709.04
$5,709.04
$76,720.55
$42,081.22
$34,639.33
$34,639.33
$13,032.12
$7,148.13
$5,883.99
$5,883.99
2nd quarter
$102,397.27
$56,164.91
$46,232.36
$46,232.36
$904,383.52
$404,383.52
$500,000.00
$7,917.85
$3,629.75
$4,288.10
$4,288.10
$6,364.00
POP Earnings
Key Employee DC P Earnings
$11,750.93
$5,386.93
$6,364.00
$138,485.23
$63,485.23
$75,000.00
$298,535.38
$136,856.38
$161,679.00
$288,049.28
$132,049.28
$156,000.00
$33,995.35
$15,584.35
$18,411.00
$18,411.00
$1,683,117.54
$761,375.44
$921,742.10
$190,742.10
3rd quarter
POP Earnings
$161,679.00
$ 156,000.00
$9,368.99
$4,372.99
$4,996.00
$4,996.00
$60,545.90
$28,259.90
$32,286.00
$32,286.00
$24,230.74
$11,309.74
$12,921.00
$12,921.00
$25,579.07
$11,939.07
$13,640.00
$13,640.00
$119,724.70
$55,881.70
$63,843.00
$63,843.00
Rounding
2014 W-2
University of Louisville
$0.00
$1,905,239.51
($0.02)
$873,422.03
$ 75,000.00
4th quarter
$ 500,000.00
Grants (net)
$ 731,000.00
$0.02
$1,031,817.48
$300,817.46
$ 731,000.00
11
Position Title
President
1
Incumbent
Dr. James
Ramsey
(a)
(b)
(c)
Deferred
Base Salary
Bonus
$648,961
Deferred
Compensation
$1,023,153
Total
$1,672,114
Each University employee participates in the University Retirement Plan, a 403(b) deferred compensation plan in which the University contributes
7.5% of base salary up to a max of $200,000.
3
Deferred compensation based on University Retirement Plan contributions, along with $75,000 and $250,000 DCPA annual contributions
awarded on 1/1/2015. Deferred compensation payments include a tax gross-up based on a 50% tax rate.
Note: Does not include deferred compensation interest earnings, with gross-ups. In 2014, this total was $574,321.
University of Louisville
12
University of Louisville
13
Total
2012
$2,743,572
$0
$520,833
$3,264,405
2013
$1,339,246
$0
$520,833
$1,860,079
University of Louisville
14
(b)
(c)
Deferred
Base Salary
Bonus
Compensation
Total
EVP Provost
SVP Finance and Administration/COO
EVP Health Affairs
Incumbent
Dr. Shirley
Willihnganz 3,4
Harlan Sands 5,6
7,8
Dr. David Dunn
$394,533
$350,000
$1,047,280
$65,903
$70,000
$0
$429,590
$226,250
$78,546
$890,026
$646,250
$1,125,826
EVP Research
VP Strategy and General Counsel
$316,050
$350,000
$0
$40,000
$63,704
$26,250
$379,754
$416,250
Base salaries are for FY 2015. Salaries for FY 2014: Dr. Willihnganz - $366,684, Dr. Dunn - $1,007,000, Dr. Pierce - $309,851.
Each University employee participates in the University Retirement Plan, a 403(b) deferred compensation plan in which the University contributes
7.5% of base salary up to a max of $200,000. Deferred compensation payments include a tax gross-up based on a 50% tax rate.
3
Deferred compensation based on University Retirement Plan contributions, along with a $50,000 DCPA annual contribution and $150,000 a year
in special DCPA contibutions from 7/1/2012 - 6/30/2015.
5
Eligible for annual performance bonus of up to 20% of base salary. The max bonus amount is shown as Mr. Sands was hired 1/1/2015.
Deferred compensation based on University Retirement Plan contributions, along with a $100,000 DCPA annual contribution.
Eligible for annual extraordinary performance bonus of up to 10% of base salary. No bonus was awarded in FY 2015.
Deferred compensation based on University Retirement Plan contributions, along with a $40,000 DCPA special retirement annual contribution.
10
Eligible for annual performance bonus of up to $40,000. The max bonus amount is shown as Ms. Strohm was hired 2/2/2015.
University of Louisville
15
Data Sources
University of Louisville
16
Peer Universities
Clemson University
University of Cincinnati
University of Utah
University of Virginia
Rutgers University
University of Iowa
University of Washington
SUNY Buffalo
University of Kentucky
Temple University
University of Pittsburgh
University of Louisville
17
Verisight used public filings to collect compensation data for similar executive positions at peer
universities as reported. The data sources used in this study were:
IRS Form 990s
The Executive Compensation at Public and Private Colleges database published by The
Chronicle of Higher Education (reported for Presidents only)
The Administrators in Higher Education Salary Survey published by the College and
University Professional Association (CUPA)
Data from all public filings was aged to July 1, 2015 at an annual rate of 3.0% a year.
Verisight drafted a custom compensation survey that could be used to gather specific
compensation data, at peer universities willing to participate, for similar executive positions.
Verisight and The University of Louisville could partner to identify contact information for
prospective participants, which The University of Louisville indicated they would be able to
acquire, in an effort to maximize participation levels.
University of Louisville
18
Form 990s are filed by non-profit institutions, with key executive compensation typically disclosed
in the Schedule J. The components of compensation provided in the Schedule J include:
Base: Base compensation means nondiscretionary payments to a person (such as salary or
fees)
Bonus: Examples include signing bonuses and payments based on satisfaction of a
performance target (other than mere longevity of service).
Other: Examples include, but are not limited to, current-year payments of amounts earned in
a prior year, payments under a severance plan, deferred amounts, and earnings or losses in
a nonqualified defined contribution plan subject to section 457(f) when they become
substantially vested.
Deferred: All current-year deferrals of compensation for the listed person under any
retirement or other deferred compensation plan, whether qualified or nonqualified.
Nontaxable: Nontaxable benefits are benefits specifically excluded from taxation under the
Internal Revenue Code.
Compensation paid to university leadership positions often comes from multiple sources, the
university and the university foundation for example. These amounts are often reported in
separate Form 990s. In order to capture the complete compensation picture, Verisight aggregated
compensation amounts when reported in separate Form 990s.
University of Louisville
19
The Chronicle of Higher Education compiles compensation data from surveyed public and private
institutions. The data is based on each institution's fiscal year, the most recent of which being
2013/2014. The components of compensation provided include:
Base pay: Total base salary provided, including compensation from private university-related
foundations.
Bonus pay: The value of all bonuses and incentive compensation paid out.
Deferred compensation, paid out: Compensation that was set aside in previous years and
paid out during the fiscal year covered.
Severance pay: Payments made to the chief executive upon his or her resignation or firing,
as determined by his or her contract, separation agreement, or a legal settlement. This can
include severance pay, unused vacation pay, or other agreed-upon separation pay.
Retirement pay: Payments made by the university to a retirement plan that is available to
any university employee during the fiscal year. This can include 401(k) plans, state pension
plans, and other retirement plans that are broadly available. (As this is not paid out during the
reporting year, it is not included in "Total Compensation.")
Deferred compensation, set aside: This is to be paid out in future years, and can include
contributions to supplemental executive retirement plans. (As this is not paid out during the
reporting year, it is not included in "Total Compensation.")
University of Louisville
20
The Administrators in Higher Education Salary Survey (AHESS), published by the College and
University Professional Association (CUPA), collects base salary data for 191 positions with
primary assignments requiring the management of an institution or of a customarily recognized
division within it.
CUPA allows users to create a custom peer group to collect base salary data. All but one of the
university peers identified (Virginia Commonwealth University) participated in the 2014/2015
survey. Verisight created a custom peer group based on the remaining 25 academic institutions
selected by the University of Louisville as peers.
Verisight was able to download individual participant base salary data for similar positions, which
are shown in the appendices; however, the individual institutions are not identified by name so as
to protect their confidentiality.
University of Louisville
21
University of Louisville
22
Position
Incumbent
Incumbent
Base Salary
The Chronicle of
Higher Education
(President Only)
Form 990s
CUPA
Median
Base
Salary
CompaRatio
Median
Base
Salary
CompaRatio
Median
Base
Salary
CompaRatio
President*
Dr. James
Ramsey
$648,961
$518,250
125.2%
$459,550
141.2%
$479,354
135.4%
EVP Provost
Dr. Shirley
Willihnganz
$394,533
N/A
N/A
$353,816
111.5%
$404,500
97.5%
Harlan Sands
$350,000
N/A
N/A
$345,077
101.4%
$263,196
133.0%
Dr. David
Dunn
$1,047,280
N/A
N/A
$875,172
119.7%
$811,446
129.1%
EVP Research
Dr. William
Pierce
$316,050
N/A
N/A
$284,203
111.2%
$336,834
93.8%
VP Strategy and
General Counsel
Leslie Strohm
$350,000
N/A
N/A
$478,011
73.2%
$254,975
137.3%
*Presidents base salary would be above the 75th percentile when compared to all data sources. Of The Chronicle of Higher Education peers, 3
of 23 had a higher base salary. Of the Form 990 peers, 2 of 11 had a higher base salary. And of the CUPA peers, none of 17 had a higher base
salary.
University of Louisville
23
Summary of Total Cash Compensation (Base Salary + Annual Incentives) Findings Median
Position
Incumbent
Incumbent
Total Cash
Form 990s
Median Total
Cash
Compa-Ratio
Median Total
Cash
Compa-Ratio
President*
$648,961
$535,600
121.2%
$511,336
126.9%
EVP Provost
Dr. Shirley
Willihnganz
$460,436
N/A
N/A
$353,816
130.1%
Harlan Sands
$420,000
N/A
N/A
$354,066
118.6%
$1,047,280
N/A
N/A
$875,172
119.7%
EVP Research
$316,050
N/A
N/A
$284,203
111.2%
Leslie Strohm
$390,000
N/A
N/A
$499,229
78.1%
*Presidents total cash compensation would be above the 75th percentile when compared to all data sources. Of The Chronicle of Higher
Education peers, 5 of 23 had a higher total cash compensation. And of the Form 990 peers, 2 of 11 had a higher total cash compensation.
University of Louisville
24
Position
Incumbent
Incumbent
Total Comp
Form 990s
Median Total
Comp
Compa-Ratio
Median Total
Comp
Compa-Ratio
President*
$1,672,114
$690,718
242.1%
$615,221
271.8%
EVP Provost
Dr. Shirley
Willihnganz
$690,026
N/A
N/A
$421,480
163.7%
Harlan Sands
$546,250
N/A
N/A
$410,657
133.0%
$1,125,826
N/A
N/A
$1,236,568
91.0%
EVP Research
$379,754
N/A
N/A
$346,374
109.6%
Leslie Strohm
$416,250
N/A
N/A
$600,801
69.3%
*Presidents total compensation would be above the 75th percentile when compared to all data sources. Of The Chronicle of Higher Education
peers, none of 23 had a higher total compensation. And of the Form 990 peers, none of 11 had a higher total compensation.
University of Louisville
25
University of Louisville
26
.
University of Louisville
27
Deferred compensation plans are used by many Universities and are considered common
practice. The current vesting schedule used by the Universitys plan is too short and should be at
least 3 years. The is no retention element if the deferred compensation award vests immediately.
A more detailed analysis should be conducted to determine if the deferred compensation plans
are structured to meet the Universitys objectives.
The current compensation philosophy is (appears) to pay market salaries, incentives and provide
deferred compensation plans. We recommend the University develop a formal executive
compensation philosophy document which would be used as a guide for future compensation
decisions.
Matching executives to the market is not an exact science. We used three data sources to
mitigate this weakness: peer group 990s and survey data available from The Chronical of Higher
Education and CUPA.
The peer group 990 data may be understated, as many report income from multiple sources.
Although we did review foundation 990s, its impossible to know if we captured the complete
picture from the 990s. A custom survey should be considered.
Name of Presentation
28
Next Steps
Review compensation data from preliminary report with the University of Louisville Compensation
Committee. COMPLETED
Decide on whether to conduct a custom compensation survey that could be used to gather
specific compensation data, at peer universities willing to participate, for similar executive
positions.
University of Louisville
29
Appendix A President
University of Louisville
30
Form 990s
CUPA
Base Salary
25th Percentile
$455,391
$424,173
$445,946
Median
$518,250
$460,808
$479,354
Average
$516,081
$496,760
$460,426
75th Percentile
$549,351
$563,518
$530,349
$468,019
$424,173
N/A
Median
$535,600
$511,336
N/A
Average
$543,544
$518,100
N/A
75th Percentile
$628,047
$585,903
N/A
$568,094
$479,407
N/A
Median
$690,718
$615,221
N/A
Average
$662,393
$674,834
N/A
75th Percentile
$749,013
$887,521
N/A
University of Louisville
31
Severance
(Aged to
7/1/2015)
Deferred
Compensation
from Previous
Year Paid in
Current Year
(Aged to
7/1/2015)
$805,142
$0
$0
$92,216
$623,873
$0
$0
$25,874
$787,686
$0
$0
$669,500
$21,218
$690,718
$0
$0
$30,900
$494,400
$240,153
$734,553
$0
$0
$0
$403,760
$20,198
$423,958
$0
$0
$0
$423,417
$0
$423,417
$0
$0
$0
$669,500
$26,874
$696,374
$0
$0
$107,354
$564,936
$0
$564,936
$0
$0
Deferred
Compensation
Total Cash
Set Aside and
Total
Compensation
Retirement
Compensation
(Aged to
(Aged to
(Aged to
7/1/2015)
7/1/2015)
7/1/2015)
Fiscal Year
End
Name
Base
Compensation
(Aged to
7/1/2015)
6/30/2014
$453,200
9/30/2014
W. Randolph Woodson
$531,657
$0
$531,657
Rutgers University
6/30/2014
Robert L. Barchi
$669,113
$92,700
$761,813
6/30/2014
$669,500
$0
Temple University
6/30/2014
Neil D. Theobald
$463,500
6/30/2014
Michael V. Drake
$403,760
6/30/2014
Pradeep K. Khosla
$423,417
SUNY Buffalo
6/30/2014
Satish K Tripathi
$669,500
9/30/2014
Ray Watts
$457,583
University
Bonus Pay
(Aged to
7/1/2015)
$0
$453,200
$351,942
University of Cincinnati
6/30/2014
Santa Ono
$540,750
$0
$540,750
$30,502
$571,252
$0
$103,000
University of Iowa
6/30/2014
Sally Mason
$528,702
$0
$528,702
$181,280
$709,982
$0
$0
University of Kentucky
6/30/2014
Eli Capilouto
$551,565
$157,075
$708,640
$257,835
$966,475
$0
$0
6/30/2014
Robert G Frank
$369,307
$0
$369,307
$103,000
$472,307
$0
$0
6/30/2014
Carol L Folt
$535,600
$0
$535,600
$18,141
$553,741
$0
$0
University of Pittsburgh
6/30/2014
Mark Nordenberg
$615,425
$0
$615,425
$73,851
$689,276
$0
$0
6/30/2014
Harris Pastides
$547,136
$0
$547,136
$161,514
$708,650
$0
$0
6/30/2014
Judy L Genshaft
$484,100
$192,121
$676,221
$122,937
$799,157
$0
$65,045
University of Utah
6/30/2014
David W. Pershing
$369,616
$0
$369,616
$326,465
$696,080
$0
$83,249
University of Louisville
32
Severance
(Aged to
7/1/2015)
Deferred
Compensation
from Previous
Year Paid in
Current Year
(Aged to
7/1/2015)
$763,474
$0
$0
$667,448
$0
$0
$465,232
$0
$463,500
$795,010
$0
$0
$626,302
$0
$0
$26,327
$568,094
$0
$0
$92,216
$690,718
$0
$0
$543,544
$118,849
$662,393
$0
$31,078
$15,450
$628,047
$203,270
$749,013
$0
$0
Deferred
Compensation
Total Cash
Set Aside and
Total
Compensation
Retirement
Compensation
(Aged to
(Aged to
(Aged to
7/1/2015)
7/1/2015)
7/1/2015)
Fiscal Year
End
Name
Base
Compensation
(Aged to
7/1/2015)
University of Virginia
6/30/2014
Teresa A. Sullivan
$509,541
$0
$509,541
$253,933
University of Washington
6/30/2014
Michael K. Young
$640,668
$0
$640,668
$26,780
6/30/2014
Paula Allen-Meares
$435,132
$0
$435,132
$30,101
6/30/2014
Michael Rao
$518,250
$51,500
$569,750
$225,260
9/30/2014
M. Roy Wilson
$482,837
$0
$482,837
$143,464
25th Percentile
$455,391
$0
$468,019
Median
$518,250
$0
$535,600
Average
$516,081
$27,463
75th Percentile
$549,351
University
Bonus Pay
(Aged to
7/1/2015)
6/30/2014
James P. Clements
$387,866
$0
$387,866
$21,128
$408,994
$0
$0
(a)
6/30/2014
Eric J. Barron
$332,887
$239,990
$572,877
$58,113
$630,989
$96,572
$0
(b)
6/30/2014
Charles W. Steger
$480,177
$26,192
$506,369
$35,157
$541,526
$0
$261,182
(c)
University of Louisville
33
Base
Compensation
(Aged to
7/1/2015)
Bonus &
Incentive
(Aged to
7/1/2015)
Other
Retirement and
Total Cash
Reportable
Other Deferred
Total
Compensation Compensation Compensation
Nontaxable
Compensation
(Aged to
(Aged to
(Aged to
Benefits (Aged
(Aged to
7/1/2015)
7/1/2015)
7/1/2015)
to 7/1/2015)
7/1/2015)
Tax Year
End
Name
Clemson University
6/30/2013
James Barker
$420,119
$0
$420,119
$1,509
$35,096
$16,555
$473,278
(b)
6/30/2013
George Peterson
$460,808
$0
$460,808
$12,731
$0
$11,998
$485,537
(c)
SUNY Buffalo
6/30/2014
Satish Tripathi
$400,313
$0
$400,313
$0
$26,265
$18,838
$445,415
(d)
6/30/2013
$265,225
$0
$265,225
$0
$0
$0
$265,225
Temple University
6/30/2013
Richard Englert
$458,291
$53,045
$511,336
$21,326
$64,948
$17,611
$615,221
(e)
9/30/2013
Ray Watts
$707,133
$136,914
$844,047
$4,338
$181,584
$48,429
$1,078,398
(f)
University of Kentucky
6/30/2014
Eli Capilouto
$525,300
$0
$525,300
$55,829
$254,281
$18,555
$853,966
University of Pittsburgh
6/30/2013
Mark Nordenberg
$600,100
$0
$600,100
$28,840
$72,661
$73,050
$774,651
University
University of Utah
6/30/2014
David Pershing
$428,228
$0
$428,228
$0
$100,407
$0
$528,635
University of Virginia
Virginia Polytechnic Institute and State
University (Virginia Tech)
6/30/2013
Teresa Sullivan
$671,914
$0
$671,914
$0
$244,983
$4,180
$921,077
6/30/2013
Charles Steger
$526,936
$44,770
$571,706
$21,218
$347,820
$41,023
$981,767
25th Percentile
$424,173
$0
$424,173
$0
$30,680
$8,089
$479,407
Median
$460,808
$0
$511,336
$4,338
$72,661
$17,611
$615,221
Average
$496,760
$21,339
$518,100
$13,254
$120,731
$22,749
$674,834
75th Percentile
$563,518
$22,385
$585,903
$21,272
$213,284
$29,930
$887,521
90th Percentile
$671,914
$53,045
$671,914
$28,840
$254,281
$48,429
$981,767
Eric Barron
$417,678
$239,990
$657,668
$7,631
$70,199
$15,703
$751,202
6/30/2014
(a)
University of Louisville
34
University
Survey Data Source #1 (confidential)
$546,157
$536,293
$535,448
$530,349
$530,349
$509,951
$494,652
$492,612
$479,354
$458,956
$456,457
$447,273
$445,946
$431,844
$392,662
$291,896
$247,040
University of Louisville
25th Percentile
$445,946
Median
$479,354
Average
$460,426
75th Percentile
$530,349
35
University of Louisville
36
CUPA
Base Salary
25th Percentile
$265,208
$373,109
Median
$353,816
$404,500
Average
$323,092
$399,889
75th Percentile
$382,700
$425,744
$267,197
N/A
Median
$353,816
N/A
Average
$328,330
N/A
75th Percentile
$382,700
N/A
$305,034
N/A
Median
$421,480
N/A
Average
$404,591
N/A
75th Percentile
$485,302
N/A
University of Louisville
37
Tax Year
End
Name
Clemson University
6/30/2013
Doris Helms
$280,108
$2,652
$282,761
$866
$40,182
$9,402
$333,210
6/30/2013
Rafael Bras
$403,300
$0
$403,300
$10,609
$143,103
$16,347
$573,359
630/2013
$220,506
$0
$220,506
$0
$0
$0
$220,506
Temple University
6/30/2013
Dai Hai-Lung
$434,548
$39,253
$473,801
$62,877
$41,126
$17,611
$595,415
9/30/2013
Linda Lucas
$362,419
$0
$362,419
$2,210
$54,966
$12,139
$431,734
University of Kentucky
6/30/2014
Tim Tracy
$345,213
$0
$345,213
$5,050
$45,786
$15,178
$411,226
University of Pittsburgh
6/30/2013
Patricia Beeson
$375,833
$0
$375,833
$22,252
$45,462
$12,402
$455,949
University of Utah
6/30/2014
Ruth Watkins
$162,807
$0
$162,807
$0
$40,479
$12,041
$215,327
25th Percentile
$265,208
$0
$267,197
$649
$40,405
$11,381
$305,034
$421,480
University
University of Louisville
Bonus &
Incentive
(Aged to
7/1/2015)
Other
Retirement and
Total Cash
Reportable
Other Deferred
Total
Nontaxable
Compensation
Compensation Compensation Compensation
(Aged to
(Aged to
(Aged to
(Aged to
Benefits (Aged
7/1/2015)
7/1/2015)
7/1/2015)
to 7/1/2015)
7/1/2015)
Base
Compensation
(Aged to
7/1/2015)
Median
$353,816
$0
$353,816
$3,630
$43,294
$12,270
Average
$323,092
$5,238
$328,330
$12,983
$51,388
$11,890
$404,591
75th Percentile
$382,700
$663
$382,700
$13,520
$48,081
$15,470
$485,302
38
University
Survey Data Source #1 (confidential)
$530,349
$446,019
$444,677
$428,359
$428,359
$417,898
$416,895
$414,947
$406,139
$402,861
$400,310
$382,463
$378,705
$371,244
$355,202
$329,587
$322,725
$321,269
University of Louisville
25th Percentile
$373,109
Median
$404,500
Average
$399,889
75th Percentile
$425,744
39
University of Louisville
40
CUPA
Base Salary
25th Percentile
$303,025
$248,658
Median
$345,077
$263,196
Average
$330,590
$277,696
75th Percentile
$371,296
$305,970
$326,514
N/A
Median
$354,066
N/A
Average
$347,143
N/A
75th Percentile
$383,918
N/A
$351,664
N/A
Median
$410,657
N/A
Average
$405,340
N/A
75th Percentile
$473,556
N/A
University of Louisville
41
Base
Compensation
(Aged to
7/1/2015)
Bonus &
Incentive
(Aged to
7/1/2015)
Other
Retirement and
Total Cash
Reportable
Other Deferred
Total
Nontaxable
Compensation
Compensation Compensation Compensation
(Aged to
Benefits (Aged
(Aged to
(Aged to
(Aged to
7/1/2015)
7/1/2015)
7/1/2015)
to 7/1/2015)
7/1/2015)
Tax Year
End
Name
Clemson University
6/30/2014
Brett Dalton
$331,570
$0
$331,570
$0
$47,716
$5,915
$385,201
Temple University
6/30/2013
Anthony Wagner
$450,478
$26,523
$477,001
$34,203
$41,127
$17,611
$569,942
9/30/2013
Richard Margison
$383,341
$50,488
$433,830
$5,574
$55,151
$11,333
$505,887
University of Kentucky
6/30/2014
Eric Monday
$358,584
$0
$358,584
$23,936
$36,591
$17,001
$436,112
University of Pittsburgh
6/30/2013
Arthur Ramicone
$367,281
$0
$367,281
$26,671
$53,910
$14,917
$462,779
University of Virginia
Virginia Polytechnic Institute and State
University (Virginia Tech)
6/30/2013
Patrick Hogan
$147,985
$0
$147,985
$0
$30,420
$2,472
$180,877
6/30/2013
Dwight Shelton
$302,166
$9,181
$311,347
$0
$26,735
$14,288
$352,369
9/30/2013
Richard J Nork
$303,311
$46,236
$349,547
$0
$0
$0
$349,547
University
University of Louisville
25th Percentile
$303,025
$0
$326,514
$0
$29,499
$5,054
$351,664
Median
$345,077
$4,591
$354,066
$2,787
$38,859
$12,810
$410,657
Average
$330,590
$16,553
$347,143
$11,298
$36,456
$10,442
$405,340
75th Percentile
$371,296
$31,451
$383,918
$24,620
$49,264
$15,438
$473,556
42
University
Survey Data Source #1 (confidential)
$392,662
$379,913
$316,169
$305,970
$268,397
$267,555
$263,196
$254,975
$252,980
$248,658
$244,183
$213,957
$201,431
University of Louisville
25th Percentile
$248,658
Median
$263,196
Average
$277,696
75th Percentile
$305,970
43
University of Louisville
44
CUPA
Base Salary
25th Percentile
$817,193
$705,317
Median
$875,172
$811,446
Average
$1,008,505
$822,187
75th Percentile
$1,066,484
$870,103
$817,193
N/A
Median
$875,172
N/A
Average
$1,035,027
N/A
75th Percentile
$1,093,006
N/A
$988,084
N/A
Median
$1,236,568
N/A
Average
$1,257,814
N/A
75th Percentile
$1,506,298
N/A
University of Louisville
45
Tax Year
End
Name
Temple University
6/30/2013
Larry Kaiser
$1,469,038
$106,090
$1,575,128
$21,077
$0
$21,880
$1,618,085
6/30/2014
$814,638
$0
$814,638
$296,416
$343,670
$14,311
$1,469,035
University of Pittsburgh
6/30/2013
Arthur Levine
$818,044
$0
$818,044
$76,050
$31,827
$14,114
$940,035
6/30/2014
Vivian Lee
$932,299
$0
$932,299
$0
$71,801
$0
$1,004,101
University
University of Louisville
Bonus &
Incentive
(Aged to
7/1/2015)
Other
Retirement and
Total Cash
Reportable
Other Deferred
Total
Nontaxable
Compensation
Compensation Compensation Compensation
(Aged to
Benefits (Aged
(Aged to
(Aged to
(Aged to
7/1/2015)
7/1/2015)
7/1/2015)
to 7/1/2015)
7/1/2015)
Base
Compensation
(Aged to
7/1/2015)
25th Percentile
$817,193
$0
$817,193
$15,808
$23,870
$10,586
$988,084
Median
$875,172
$0
$875,172
$48,563
$51,814
$14,213
$1,236,568
Average
$1,008,505
$26,523
$1,035,027
$98,386
$111,825
$12,576
$1,257,814
75th Percentile
$1,066,484
$26,523
$1,093,006
$131,141
$139,768
$16,203
$1,506,298
46
University
Survey Data Source #1 (confidential)
$1,631,842
$979,105
$833,769
$832,469
$790,424
$720,010
$661,239
$128,636
University of Louisville
25th Percentile
$705,317
Median
$811,446
Average
$822,187
75th Percentile
$870,103
47
University of Louisville
48
CUPA
Base Salary
25th Percentile
$268,588
$305,892
Median
$284,203
$336,834
Average
$305,960
$333,514
75th Percentile
$300,117
$361,954
$268,588
N/A
Median
$284,203
N/A
Average
$308,257
N/A
75th Percentile
$300,369
N/A
$319,646
N/A
Median
$346,374
N/A
Average
$365,810
N/A
75th Percentile
$357,099
N/A
University of Louisville
49
Tax Year
End
Name
Clemson University
6/30/2014
Larry Dooley
$268,588
$0
$268,588
$0
$41,739
$9,319
$319,646
6/30/2014
Gary Ostrander
$300,117
$251
$300,369
$1,448
$28,853
$15,703
$346,374
University
Bonus &
Incentive
(Aged to
7/1/2015)
Other
Retirement and
Total Cash
Reportable
Other Deferred
Total
Nontaxable
Compensation
Compensation Compensation Compensation
(Aged to
Benefits (Aged
(Aged to
(Aged to
(Aged to
7/1/2015)
7/1/2015)
7/1/2015)
to 7/1/2015)
7/1/2015)
Base
Compensation
(Aged to
7/1/2015)
9/30/2013
Richard Marchase
$421,026
$11,235
$432,261
$3,943
$64,965
$13,040
$514,209
University of Kentucky
6/30/2014
Lisa Cassis
$255,865
$0
$255,865
$1,174
$25,866
$8,819
$291,725
University of Utah
6/30/2014
Thomas Parks
$284,203
$0
$284,203
$0
$72,896
$0
$357,099
$268,588
$0
$268,588
$0
$28,853
$8,819
$319,646
25th Percentile
University of Louisville
Median
$284,203
$0
$284,203
$1,174
$41,739
$9,319
$346,374
Average
$305,960
$2,297
$308,257
$1,313
$46,864
$9,376
$365,810
75th Percentile
$300,117
$251
$300,369
$1,448
$64,965
$13,040
$357,099
50
University
Survey Data Source #1 (confidential)
$415,120
$395,314
$395,127
$387,562
$376,921
$356,965
$356,965
$345,002
$338,709
$338,183
$335,485
$329,896
$324,604
$313,784
$309,265
$295,772
$291,692
$290,672
$254,975
$218,259
University of Louisville
25th Percentile
$305,892
Median
$336,834
Average
$333,514
75th Percentile
$361,954
51
University of Louisville
52
CUPA
Base Salary
25th Percentile
$210,865
Median
$254,975
Average
$253,361
75th Percentile
$295,628
N/A
Median
N/A
Average
N/A
75th Percentile
N/A
N/A
Median
N/A
Average
N/A
75th Percentile
N/A
University of Louisville
53
Tax Year
End
Name
Temple University
6/30/2013
George Moore
$446,010
$42,436
$488,446
$4,463
$64,948
$17,611
$575,468
University of Pittsburgh
6/30/2013
Jerome Cochran
$510,013
$0
$510,013
$27,972
$74,460
$13,689
$626,134
University
University of Louisville
Bonus &
Incentive
(Aged to
7/1/2015)
Other
Retirement and
Total Cash
Reportable
Other Deferred
Total
Nontaxable
Compensation
Compensation Compensation Compensation
(Aged to
Benefits (Aged
(Aged to
(Aged to
(Aged to
7/1/2015)
7/1/2015)
7/1/2015)
to 7/1/2015)
7/1/2015)
Base
Compensation
(Aged to
7/1/2015)
54
University
Survey Data Source #1 (confidential)
$372,264
$338,918
$331,468
$305,970
$300,871
$295,771
$295,484
$279,453
$275,914
$270,503
$268,539
$254,975
$250,896
$245,771
$238,788
$221,866
$221,676
$200,055
$188,682
$183,307
$174,612
$161,873
$149,653
University of Louisville
25th Percentile
$210,865
Median
$254,975
Average
$253,361
75th Percentile
$295,628
55