Three People at the University of Michigan Make More Than the School President
Nice work if you can get it. By the way, why does college tuition keep going up?
MLive reports.
Salary search for all 41,000 University of Michigan employees
In 2015, three University of Michigan employees had a higher base pay than President Mark Schlissel, and that two of them are assistant football coaches, the newly released annual salary report shows.
According to the report — which the school releases every December — Marschall Runge, the executive vice president for medical affairs and the CEO of the U-M Health System, has the highest base pay of any university employee at $871,250.
As expected, football coaches are next on the list, but neither person is head coach Jim Harbaugh. Two of Harbaugh’s assistants, Dan Durkin and Tim Drevino, each had $800,000 base salaries in 2015, tying them as the employees with the second highest base pays.
Their boss Jim Harbaugh had a base pay of $500,000, but he also took home $5 million in additional compensation along with a $2 million signing bonus in 2015 for a salary package of more than $7 million in his first year. His base pay ranks him as the 13th-highest paid U-M employee.
Schlissel’s $772,000 salary is good for fourth on the list. The president accepted a $22,500 raise earlier this year after the Board of Regents gave him a satisfactory first-year review.
Erik Lundberg, the school’s chief investment officer, made $690,000 in base pay. It was a $90,000 raise over the $600,000 base salary he was paid in 2013 and 2014.