Presidential salaries unrelated to university size

April 1, 2008

Tony Keller of Maclean's observes that 2007 salary figures disclosed under Ontario's “sunshine law” indicate that the province’s highest-paid university president is McMaster’s Peter George, paid just under $505,000, followed by Lorna Marsden of York ($487,000, though she retired in the middle of the year), David Johnston of uWaterloo ($482,000), and Alastair Summerlee of UoGuelph ($447,000).  David Naylor, president of the largest university in Canada (uToronto), was "a relative bargain" at just $430,000.  The highest-paid university administrator is Felix Chee, CEO of the uToronto Asset Management Corporation (the body that oversees the university’s endowment and pensions), who earned $562,000 in 2007.  Maclean's | 2007 Disclosure Document (PDF)  

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