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NRI don in top pay bracket

Dipak Jain is the 4th highest paid official in Northwestern University of USA.

Published on: Dec 15, 2004, 13:41:00 IST
PTI | By , Chicago
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Dipak Jain, the Indian American dean of Kellogg School of Management, is the fourth highest paid official in Northwestern University.

HT Image
HT Image

In 2003, Jain earned $576,137, more than the university's School of Medicine dean Lewis Landsberg, who earned $560,411, a survey by the Chronicle for Higher Education reported.

Northwestern University president Henry Bienen earns more money than other presidents of private institutions in the Chicago area and several peer institutions across the country, the survey said.

In 2003, the university paid Bienen $644,969. Bienen was one of 42 private college presidents with a compensation of more than half a million dollars.

The group of private-college presidents earning a salary that high increased 56 per cent in the 2003 fiscal year.

The average private university president's salary jumped above $400,000 for the first time to hit $459,643.

Alan Cubbage, vice president for Northwestern University relations, said the university could not comment directly on the president's pay and salary trends.

"The salaries are set by the board of trustees and reviewed by the compensation committee," Cubbage said. "It's all up to them to review the president's performance."

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