Cal State caps pay for university presidents
California State University trustees Wednesday unanimously approved a measure to cap salaries of new executives in the face of steep funding cuts and sharply rising tuition.
The Board of Trustees voted unanimously to enact the new limitations at a meeting in Long Beach.
Trustees and Cal State Chancellor Charles B. Reed had come under criticism for recent salary decisions, including paying the new San Diego State president $400,000 -- $100,000 more than his predecessor.
Now, salaries for new campus presidents will be capped at 10% above that of their predecessor.
The maximum for most presidents would be $325,000 in public funds.
Presidents at five schools in the 23-campus system retired or announced their retirement last year and two or three more vacancies are expected this year.
Photo: California State University Chancellor Dr. Charles B. Reed, left, listens while Ex-Officio board member, Lt. Gov. Gavin Newsom, right, addresses the trustees Wednesday in Long Beach. Credit: Mark Boster / Los Angeles Times