The University System of Georgia on Friday released data detailing new annual salaries for the presidents of its 26 schools.
The system approved raises for some presidents, but none exceeded 2%. A handful of presidents who are serving in an interim capacity or plan to retire did not get raises.
The new salaries take effect July 1.
The increases were less than last year. Some presidents received 4% salary increases in 2018.
Two presidents, Georgia Tech’s G.P. “Bud” Peterson and Georgia State’s Mark Becker, have compensation packages, which includes deferred payments and allowances, exceeding $1 million. Peterson, who announced his retirement this year, did not receive a raise.
The average base presidential pay in the Georgia system will now be $332,475. Nationally, the 25 highest-compensated public college presidents had base salaries of $694,571, the Chronicle of Higher Education reported in December.
System spokeswoman Jen Ryan said in a statement: “The University System of Georgia competes nationally to recruit and retain top talent in every facet of its institutions, from our classrooms to our research laboratories to our programs and partnerships. Excellence in these fields requires strong leadership, and we are determined to attract and keep the best and brightest. These limited merit increases for our presidents are part of that effort, and we are proud of their hard work and dedication.”
Here’s a breakdown of the top 10 presidential compensation packages:
1) Georgia Tech President G.P. “Bud” Peterson, $1,135,710.27
2) Georgia State University President Mark Becker, $1,129,002.90
3) University of Georgia President Jere Morehead, $911,729.57
4) Augusta University President Brooks Keel, $899,300.66
5) Kennesaw State University President Pamela Whitten, $493,876
6) Georgia Southern University President Kyle Marrero, $440,000
7) Fort Valley State University President Paul A. Jones, $354,326.02
8) Valdosta State University President Richard A. Carvajal, $347,194.80
9) Columbus State University President Christopher Markwood, $341,916.89
10) Middle Georgia State University President Christopher Blake, $340,009.83
Source: University System of Georgia.
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