Plan would allow CSU foundations to pay president salary raises
A special committee of the California State University Board of Trustees voted Tuesday to approve a new plan that will freeze state-funded pay for new campus presidents but allow school foundations to raise funds to boost their salaries.
Under the plan, nonprofit campus foundations would be able to augment taxpayer-funded pay for new executives up to 10% above that of their predecessors. The policy would be reviewed in 2014.
Four members of the Special Committee on Presidential Selection and Compensation meeting in Long Beach voted for the change with one member absent. The full board will vote on the new policy Wednesday.
The proposal stemmed from a public outcry over recent pay hikes at a time of tuition increases, enrollment freezes and curriculum cuts.
Cal State East Bay President Leroy Morishita will receive a base salary of $303,660 and Cal State Fullerton President Mildred Garcia will receive a base salary of $324,500 -- 10% more than their current salaries and 10% percent more than their predecessors earned. Students and faculty say that money could have been used for more student scholarships and classes.
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-- Carla Rivera in Long Beach
Photo: Members of the California Faculty Assn. protest outside the CSU trustees meeting Tuesday in Long Beach with a cartoon caricature of Chancellor Dr. Charles Reed. Credit: Mark Boster / Los Angeles Times.
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