Study Finds OSU President One of The Best Paid In The Nation

By Jim McCoy Mon 13th May News
A study by the Chronicle of Higher Education says Oregon State University's president, Ed Ray, made more than $700,000 in the last school year, putting him at 20th in compensation among the nation's public university presidents. But Oregon higher education officials say the publication's annual survey got it wrong, and Ray made about $590,000. The university system's general counsel, Ryan Hagemann, tells The Oregonian that the Chronicle counted a retirement payment twice. He says it made the same mistake with all of Oregon's public university presidents. In 2011-12, Ray was paid a salary of $426,000, part from taxpayers, part from the OSU Foundation. Taxpayers also paid $38,000 into a state retirement system, and the foundation paid $126,000 into a supplemental retirement account.

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