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Texas Higher Ed Leaders Higher Paid

Photo by KUT News
UT President William Powers, Jr (center) is among the highest-compensated college presidents in the nation, according to one report

The Chronicle of Higher Education has released a report on the compensation that higher education leaders, and the University of Texas ranks very high.

According to the report released this morning, UT System Chancellor Francisco Cigarroa received $750,000 in annual compensation, not including $63,892 that the state kicks in for retirement for the 2009-2010 fiscal year.  That puts Cigarroa second on the overall list.  Over the same period, UT-Austin President William Powers, Jr. ranked third, getting a base salary of $600,600, plus deferred compensation of $146,138 for a grand total of $746,738.

But both Cigarroa and Powers are well behind the best-paid on the list: Ohio State University President E. Gordon Gee received over $1.3 million in compensation for the '09-'10 fiscal year.

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