NotesFAQContact Us
Search Tips
ERIC Number: EJ825465
Record Type: Journal
Publication Date: 2008-Nov-21
Pages: 1
Abstractor: ERIC
Reference Count: 0
ISSN: ISSN-0009-5982
After 50 Years, Suffolk University's President Has a Big Pay Day
Fain, Paul
Chronicle of Higher Education, v55 n13 pB5 Nov 2008
This article reports that the nation's highest-compensated college chief is David J. Sargent, Suffolk University's veteran president, according to The Chronicle's latest survey of executive pay. Mr. Sargent's total compensation of $2,800,461 in 2006-2007 topped that of 784 presidents of public and private universities, as well as of 64 community colleges. Officials at Suffolk say the figures, which are the most recent available, include $436,000 in base pay and a $436,000 longevity bonus. His benefits included a $1,190,000 deferred sabbatical bonus, $555,667 in deferred compensation, a performance bonus of $87,200, and $56,262 in health, dental, and other retirement benefits. Two other large numbers help put Mr. Sargent's compensation in context, however. Mr. Sargent, who is 77, has been an employee at the university for 52 years, including two decades as president. His compensation is largely consistent with that of a long-serving private college president's severance pay at retirement. In this case, Mr. Sargent remains on the job.
Chronicle of Higher Education. 1255 23rd Street NW Suite 700, Washington, DC 20037. Tel: 800-728-2803; e-mail:; Web site:
Publication Type: Journal Articles; Reports - Descriptive
Education Level: Higher Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A