Three NC college presidents paid more than $1 million
Three North Carolina college presidents are among the top-paid private university leaders in the nation, the News & Record reported.
This trio — Richard Brodhead at Duke University, Nathan Hatch at Wake Forest University and Nido Qubein at High Point University — are three of the 39 private university presidents paid more than $1 million in 2014.
These numbers are part of an annual report on executive compensation released Monday by the Chronicle of Higher Education, a Washington, D.C. publication that covers colleges and universities.
According to the Chronicle’s review of the 500 private colleges with the largest endowments, presidents were paid an average of $489,927 in 2014. For presidents who served in both 2013 and 2014, their average pay increase was 8.6 percent.