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UConn Foundation to pay ex-leader through June
By PAT EATON-ROBB / Associated Press / August 26, 2013
>>"The school currently has an endowment of just over $328 million, according to the Commonfund Institute and the National Association of College and University Business Officials, which conducts an annual survey of more than 800 higher education institutions in the U.S. That ranks 26th among public universities in the United States."
It is not uncommon for there to be a transition period between leadership in university foundations to ‘‘make introductions and transition relationships,’’ said education fundraising consultant David King, the president and chief executive of Alexander Haas Inc.
He said that a salary of about $500,000 is at the high end of the spectrum for public universities, but does not seem out of line for what UConn is trying to accomplish.
‘‘If this person were the CEO of a $50 million enterprise, what would I expect the CEO of that company to make?’’ he said. ‘‘If you’re trying to become a world-class institution, or even a regional superpower, or top-100 university in the country, then you have to recruit the people who will get you there.’’<<
By PAT EATON-ROBB / Associated Press / August 26, 2013
>>"The school currently has an endowment of just over $328 million, according to the Commonfund Institute and the National Association of College and University Business Officials, which conducts an annual survey of more than 800 higher education institutions in the U.S. That ranks 26th among public universities in the United States."
It is not uncommon for there to be a transition period between leadership in university foundations to ‘‘make introductions and transition relationships,’’ said education fundraising consultant David King, the president and chief executive of Alexander Haas Inc.
He said that a salary of about $500,000 is at the high end of the spectrum for public universities, but does not seem out of line for what UConn is trying to accomplish.
‘‘If this person were the CEO of a $50 million enterprise, what would I expect the CEO of that company to make?’’ he said. ‘‘If you’re trying to become a world-class institution, or even a regional superpower, or top-100 university in the country, then you have to recruit the people who will get you there.’’<<