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Next up: B&G Tip-Off Luncheon

Marquette
Marquette

B&G Luncheon

Date/Time: Oct 31, 2024 11:30am
TV: NA
Schedule for 2023-24
27-10

Tugg Speedman

The Chronicle of Higher Eduction just published its list University President pay.

http://chronicle.com/article/Executive-Compensation-at/143541#id=table

The list covers 550 Private institutions of higher learning.

Highest Paid
Executive Compensation at Private Colleges, 2011
Robert J. Zimmer University of Chicago $3,358,723 (1st) 5 Years
Joseph E. Aoun Northeastern University $3,121,864 (2nd)   5 years
Dennis J. Murray Marist College $2,688,148 (3rd) 32 years
Lee C. Bollinger Columbia University   $2,327,344 (4th)   9 years
Lawrence S. Bacow Tufts University $2,223,752 (5th)   10 years
Amy Gutmann University of Pennsylvania $2,091,764 (6th)   7 years
Anthony J. Catanese Florida Institute of Technology $1,884,008 (7th)   9 years
Esther L. Barazzone Chatham University $1,812,132 (8th) 19 years
Shirley Ann Jackson Rensselaer Polytechnic Institute $1,752,642 (9th) 12 years
Richard C. Levin Yale University $1,652,543 (10th) 18 years
Anthony W. Marx Amherst College $1,596,283 (11th)   8 years
John E. Sexton New York University $1,473,754 (12th) 9 years
C.L. Max Nikias University of Southern California $1,439,126 (13th) 1 years
Robert A. Brown Boston University $1,381,264 (14th) 6 years
David E. Van Zandt New School $1,364,191 (15th) less than 1 year
Morton O. Schapiro Northwestern University $1,355,062 (16th) 2 years
Cornelius M. Kerwin American University $1,329,847 (17th) 4 years
George Campbell Jr. Cooper Union $1,307,483 (18th)   11 years
Nathan O. Hatch Wake Forest University $1,300,334 (19th)   6 years
S. Georgia Nugent Kenyon College $1,292,619 (20th) 8 years


Lowest Paid
Executive Compensation at Private Colleges, 2011

Gen. Charles (Chuck) KrulakGen. Birmingham-Southern College $0 (517th)   less than 1 year
Rev. William P. Leahy Boston College $0 (517th)   $0 15 years
Rev. Michael C. McFarland College of the Holy Cross $0 (517th)   11 years
Rev. Timothy R. Lannon Creighton University $0 (517th)   less than 1 year
Rev. Bernard F. O'Connor DeSales University $0 (517th) 12 years
Rev. Terence Henry Franciscan University of Steubenville $0 (517th) 11 years
Rev. Robert L. Niehoff John Carroll University $0 (517th)   6 years
Rev. Brian F. Linnane Loyola University Maryland (517th)   6 years
Rev. Michael J. Garanzini Loyola University Chicago $0 (517th)   10 years
Rev. Scott R. Pilarz Marquette University $0 (517th)   less than 1 year
Rev. Robert A. Wild Marquette University $0 (517th)   15 years

Rev. Michael Sheeran Regis University $0 (517th) 18 years
Rev. Thomas B. Curran Rockhurst University   $0 (517th)   5 years
Sister Joan Lescinski St. Ambrose University $0 (517th)   4 years
Rev. Jonathan DeFelice Saint Anselm College $0 (517th) 22 years
Rev. Gabriel J. Zeis Saint Francis University (Pa.) $0 (517th) 7 years
Rev. Lawrence Biondi Saint Louis University $0 (517th) 24 years
Brother Ronald Gallagher Saint Mary's College of California $0 (517th)   6 years
Brother Norman Hipps Saint Vincent College $0 (517th) 1 years
Rev. Michael Engh Santa Clara University $0 2 years
Rev. Kevin J. Mullen Siena College $0 (517th) 4 years
Sister Andrea J. Lee St. Catherine University   13 years
Rev. Donald J. Harrington St. John's University (N.Y.) $0 (517th)   22 years
Rev. Stephen A. Privett University of San Francisco $0 11 years
Rev. Peter M. Donohue Villanova University $0 (517th) 5 years
Rev. Michael J. Graham Xavier University (Ohio)   $0 (517th)   10 years
Brother James A. Liguori Iona College $0 18 years
Sister Paula Marie Buley Rivier University $0 (517th) less than 1 year

----------------------------

Yes, most the religious organization that have a Priest as their president do not pay them.  Note that most of the Big East is on the lowest paid list.

Nevertheless MU does not pay its President, never has.

Why is this important?  Because MU looks like it will hire a lay person as its next President.  And, given the new vision adopted by the Board of Trustees (thread here http://www.muscoop.com/index.php?topic=41035.0) they are going to have to pay, and if they want to transform the University as they hope, they are going to have to pay the President Buzz type money**.

Some Lay person Comparators ...

John J. DeGioia Georgetown University $875,317 (60th) 10 years
Rev. Dennis H. Holtschneider DePaul University $852,906 (66th)   58.5% 7 years
Father Dennis Dease University of St. Thomas (Minn.) $779,500 (72nd)   20 years
Rev. John I. Jenkins Unversity of Notre Dame $746,401 (78th)   6 years
Mark S. Wrighton  Washington University in St. Louis , MO $1,197,274  (29th) 16 years

So how serious is MU's Board of Trustees in adopting its new vision for the University?  Maybe the lay person's pay will tell us?  Will Buzz** be the second highest paid employee of the University?

** Buzz's 2011 salary, according to this story, is $1.7 million (not counting a one-time bonus) http://www.jsonline.com/blogs/sports/154187205.html

GoldenWarrior11

Very interesting, yet unsurprising, information.

I'd assume Marquette would pony up for the next president, assuming he/she is not involved in a religious order?

chapman

Don't know if if the hire will crack the top 10 nationally to pass up Buzz, but the likely lay hire will have a healthy salary.  Works like a lot of expensive hires in hybrid sales/revenue-generating plus management roles, where the expectation is they'll more than pay for themselves - if the hire can't generate more than their own cost in incremental funding to show advantage over a $0 priest they'd have a tenure shorter than Pilarz.

94Warrior


77ncaachamps

Such is the case even with clergy as faculty; they're getting hard to come by because the rank and file is diminishing in number.
SS Marquette

spartan3186

I was under the impression that we didn't pay the president not because they were a priest, but because they were Jesuit. The whole vow of poverty thing.

KC_Warrior

I doubt MU will hire a lay person as prez this time.  The bylaws were changed allowing the BOT to choose a lay person but just because they now have that option doesn't mean they necessarily will use it.

I think the next prez is still a Jesuit and probably the one after that.  I think a lay person is still several hires away.

The Equalizer

Quote from: spartan3186 on December 16, 2013, 08:49:09 AM
I was under the impression that we didn't pay the president not because they were a priest, but because they were Jesuit. The whole vow of poverty thing.

This is correct.   Thats why the list of $0 income presidents contains so many Jesuit schools: Loyola, Loyola MD, Santa Clara, Holy Cross, USF, etc.

Tugg Speedman

#8
Quote from: KC_Warrior on December 16, 2013, 08:52:34 AM
I doubt MU will hire a lay person as prez this time.  The bylaws were changed allowing the BOT to choose a lay person but just because they now have that option doesn't mean they necessarily will use it.

I think the next prez is still a Jesuit and probably the one after that.  I think a lay person is still several hires away.

My understanding is their are less than 10 Jesuits in the world that are available and qualified to run a major university like MU.  Some think it is less than 5.

Now if you factor in the "new vision" of the BoT, it will be even harder to find a Jesuit to fit MU's needs (unless you hire one away from another major University, Jesuits at major universities largely do not switch to other major universities).

This is why the odds favor a lay person this go around.

tower912

The next president's job is going to be nothing but fund-raising.   There is no way to accomplish the BoT's mission statement without money.
Luke 6:45   ...A good man produces goodness from the good in his heart; an evil man produces evil out of his store of evil.   Each man speaks from his heart's abundance...

It is better to be fearless and cheerful than cheerless and fearful.

Tugg Speedman

#10
Quote from: tower912 on December 16, 2013, 11:01:32 AM
The next president's job is going to be nothing but fund-raising.   There is no way to accomplish the BoT's mission statement without money.

Why is this a surprise?  This is what most University Presidents do.  Why do you think they often hire politicians as University Presidents (Larry Summers at Harvard, Mitch Daniels and Purdue, Janet Napolitano to the University of California).

This is why Jeff Joerres make sense.  He's not a politician but he has the savvy, Rolodex, and interest to do this for MU.




tower912

It doesn't surprise me at all.   All I am saying is that with the BoT's vision, that fund-raising is going to have to be job 1, job 2, job 3, and job 4.   If not job 5. 
Luke 6:45   ...A good man produces goodness from the good in his heart; an evil man produces evil out of his store of evil.   Each man speaks from his heart's abundance...

It is better to be fearless and cheerful than cheerless and fearful.

Tugg Speedman

Quote from: tower912 on December 16, 2013, 11:16:46 AM
It doesn't surprise me at all.   All I am saying is that with the BoT's vision, that fund-raising is going to have to be job 1, job 2, job 3, and job 4.   If not job 5. 

I'm sensing you think this is a bad thing.  It is not.

A big reason Pilarz is gone is he did not understand his top 5 priorities (which you accurately described).

Bo Ryan's Massage Therapist

Quote from: spartan3186 on December 16, 2013, 08:49:09 AM
I was under the impression that we didn't pay the president not because they were a priest, but because they were Jesuit. The whole vow of poverty thing.
this is correct.  In fact, the president as a jesuit while not technically paid, has the opportunity to dedicate large amounts of money to charities of their choice.  So, the amount that is paid to a layperson is not paid to a jesuit given the vow of poverty, but instead is divided among various charities of the jesuit's choice with the percent allocated also determined by said jesuit.
"If a player leaves Marquette and doesn't have some of my blood in him, then I don't think I've done a good job."  Al McGuire

4everwarriors

"Give 'Em Hell, Al"

keefe

Quote from: Heisenberg on December 16, 2013, 11:11:51 AM
Why is this a surprise?  This is what most University Presidents do.  Why do you think they often hire politicians as University Presidents (Larry Summers at Harvard, Mitch Daniels and Purdue, Janet Napolitano to the University of California).

This is why Jeff Joerres make sense.  He's not a politician but he has the savvy, Rolodex, and interest to do this for MU.





Actually, Summers is not a politician. He did serve as Sec Trez but he held the Eliot Chair at Harvard for many years. His tenure as President of Harvard was mixed but would be stellar compared with that of Pilarz at either MU or Scranton.


Death on call

GGGG

Quote from: Heisenberg on December 16, 2013, 11:11:51 AM
Why is this a surprise?  This is what most University Presidents do.  Why do you think they often hire politicians as University Presidents (Larry Summers at Harvard, Mitch Daniels and Purdue, Janet Napolitano to the University of California).

This is why Jeff Joerres make sense.  He's not a politician but he has the savvy, Rolodex, and interest to do this for MU.


I may be wrong, but he doesn't have an advanced degree much less a terminal one.  While I am pretty sure they aren't going to hire a priest, I would be amazed if they hire someone who doesn't even have a masters degree. 


Tugg Speedman

Quote from: The Sultan of Syncopation on December 16, 2013, 07:12:54 PM

I may be wrong, but he doesn't have an advanced degree much less a terminal one.  While I am pretty sure they aren't going to hire a priest, I would be amazed if they hire someone who doesn't even have a masters degree. 

You're correct.

Here are the qualifications

http://www.marquette.edu/leadership/documents/presidential-position-description.pdf

* Roman Catholic as required by Marquette's Bylaws;

* An earned doctorate or equivalent terminal degree;

* Superior communication skills, especially the ability to be an articulate advocate for Marquette
to all audiences;

* A bold leader with personal humility;

* A servant leader who is both visible and approachable; and

* Integrity, honesty, enthusiasm, sense of humor, resilience, and a strong work ethic.



Regarding what is expected from the New President ....

* Serve as a compelling spokesperson for Catholic, Jesuit education within the university and beyond;

* Be the chief advocate and leader of the university's mission;

* Nimbly address and meet the challenges facing higher education while enhancing Marquette's
commitment to the almost 500-year-old Jesuit educational tradition;

* Expand the university's resources, in particular through philanthropy by serving in a prominent
role of cultivating and soliciting donors, as well as providing leadership in the largest
comprehensive campaign in Marquette's history;

* Lead efforts to enhance and implement the strategic plan;

* Develop a cohesive leadership team, including hiring a permanent Provost and integrating
him/her into a high-functioning leadership group; and

* Grow and strengthen Marquette's diverse community and culture of inclusiveness.

Dawson Rental

Logically speaking, don't you have to be paid in order to be the "lowest paid"?
You actually have a degree from Marquette?

Quote from: muguru
No...and after reading many many psosts from people on this board that do...I have to say I'm MUCH better off, if this is the type of "intelligence" a degree from MU gets you. It sure is on full display I will say that.

GGGG

Quote from: Heisenberg on December 16, 2013, 07:45:36 PM
You're correct.

Here are the qualifications

http://www.marquette.edu/leadership/documents/presidential-position-description.pdf

* Roman Catholic as required by Marquette's Bylaws;

* An earned doctorate or equivalent terminal degree;


So you are either going to get an academic of some type, an attorney, or perhaps a politician.

Eldon

Quote from: The Sultan of Syncopation on December 16, 2013, 08:19:33 PM

So you are either going to get an academic of some type, an attorney, or perhaps a politician.

A JD is equivalent to a doctorate?  I mean i know the D stands for doctor but...

Anyway, if the president position requires a phd (or similar doctorate), thats a bit much IMO. A doctorate is a research degree. Why does the pres need to be a certified researcher?


ChicosBailBonds

Quote from: tower912 on December 16, 2013, 11:01:32 AM
The next president's job is going to be nothing but fund-raising.   There is no way to accomplish the BoT's mission statement without money.

Can't we just use QE and just print a bunch of it?

Tugg Speedman

Quote from: ChicosBailBonds on December 16, 2013, 09:08:24 PM
Can't we just use QE and just print a bunch of it?

Ben  Bernanke for university President.  His schedule opens up in a few weeks.


warriorchick

Quote from: Heisenberg on December 16, 2013, 10:25:59 PM
Ben  Bernanke for university President.  His schedule opens up in a few weeks.



Did you miss the part about being Catholic as a requirement?
Have some patience, FFS.