vanderbilt chancellor salary

$425,416 in employment compensation was given to Andrea Birch, family member of trustee, Adolpho Birch, III. The 2008 tax forms also require that compensation figures be reported based on the calendar year, not the fiscal year, which makes it difficult to compare 2008 pay levels to previous years. In 1877, Cornelius Vanderbilt was the richest man in America. In 2016, Vanderbilt reported $1.3 billion in total revenue, $952 million of which came from program service revenue (i.e. Exempt employees are not entitled to overtime pay or compensatory time. Salaries posted anonymously by Vanderbilt University Medical Center employees. Vanderbilt University salary statistics is not exclusive and is for reference only. New University of Vanderbilt Chancellor Daniel Diermeier has embraced the challenge of leading the university in the midst of the pandemic. Tons of great salary information on Indeed.com Faculty leaders, too, say they understand the reason for the unusually high compensation numbers. Gee's base salary was $802,125, with a total compensation package of $1.6 million. Meet Chancellor Diermeier. Executive Compensation at St. Jude's (2018), $19 a Month to St. Jude's: How Much Goes to the Kids, Executive Compensation at Save the Children. In 2013, Gee earned $6,057,615 from Ohio State University. Executive Compensation at the National Pork Producers Council, Executive Compensation at Sentara Hospitals, Executive Compensation at Sentara Healthcare, $2,721,834:  Derek Mason, BS, Head Football Coach, $2,261,761:  Kevin E Stallings, MS, Head Mens Basketball Coach, $1,967,806:  Jeffrey R Balser, MD, PhD, VC for Health Affairs, Dean, School of Med, $1,939,305:  Paul A Thomas, MD, Assoc Prof of Clinical Orthopedic Surgery, $1,821,566:  Anders W Hall, MBA, VC for Investments, Chief Investment Officer, $1,618,461:  Charles W Pinson, MD, MBA, DVC for Health Affairs, Sr Assoc Dean, $1,581,099:  Nicholas S Zeppos, JD, Chancellor, $1,556,921:  Michael J McNamara, MD, Assoc Prof of Orthopedics, Surgery, and Rehabilitation, $1,413,017:  Todd R Worth, MD, Asst Professor of Orthopedic Surgery, $1,193,193:  Brett C Sweet, MBA, VC for Finance and CFO, $1,062,693:  David Williams, II, MBA, JD, LLM, VC for Athletics, $  997,015:  John M Lutz, AB, VC for IT, $  942,452:  John F Manning, Jr, PhD, MBA, AVC for Health Aff, Chief Admin Officer, Sr Assoc Dean, $  858,137:  David R Posch, EVP, Population Health, $  793,119:  Audrey Jane Anderson, JD, VC, General Counsel, and University Secretary, $  786,685:  Susan Wente, PhD, Provost and VC for Academic Affairs and Prof of Biology, $  729,724:  Charles L Gregory, MA, MBA, MHA,Chief Bus Dev Off, Asst VC/CEO Children’s Hosp, $  640,106:  Richard C McCarty, MS, PhD, Former Provost, Current Professor of Psychology, $  630,807:  Mitchell Edgeworth, MBA, CEO, Vanderbilt U Hospital and Clinics, $  605,360:  Susie S Stalcup, BBA, CFP, Vice Chancellor for Development and Alumni Relations, $  497,378:  Eric C Kopstain, MBA, Vice Chancellor for Administration, $  455,008:  Beth A Fortune, MA, Vice Chancellor for Public Affairs. The Internal Revenue Service has revised its 990 tax form and now asks more questions about compensation and indicates much more clearly when and how pay must be reported. FILE - In this Oct. 31, 2020, file photo, Vanderbilt head coach Derek Mason looks on from the sideline during an NCAA college football game against Mississippi in Nashville, Tenn. Vanderbilt … Even so, Vanderbilt’s compensation numbers stand out. Vanderbilt University is one of the top private universities in the South and in the USA. Some professors, she said, get outraged over high pay, but most aren’t as concerned. Vanderbilt's liberal arts, humanities, and education programs are also strong. But at Vanderbilt, they were spread across the campus: Four of the 10 employees earning more than $1-million worked at the medical center, two were coaches, and four were administrators. He returned to Vanderbilt in 1998, was appointed chair of the Department of Anesthesiology in 2001, and became VUMC’s chief research officer in 2004. B. Nonexempt employees are entitled to overtime pa… Cynthia B. Paschal, who served as chair of Vanderbilt’s Faculty Senate until June 30, said the topic of executive compensation was not often discussed among the faculty. SUBSCRIBE NOW As low as $3 for 3 months. The average graduate at Vanderbilt earns about $62,600 annually within five years, according to PayScale. But the university's announcement that annual merit salary increases would be ... the interim chancellor and provost of Vanderbilt, that also described a freeze in merit salary increases. In 2016, Vanderbilt Chancellor Nicholas S. Zeppos was credited with $4.3 million in total compensation, including a $2.9 million bonus. Costs for the buy-up depend on your annual salary. He expects that to continue with a salary between $3 and $4 million for the new coach. To read the IRS Form 990 (2015), click here. Salaries posted anonymously by Vanderbilt University employees. $165,812 in employment compensation was given to Gary Robert Kimball, family member of trustee, Carroll E Kimball. In the previous reporting year, relatively few colleges nationwide had more than one employee who earned more than $1-million, and the largest number of million-dollar employees at any one university was seven—also at Vanderbilt. Salaries at Vanderbilt University range from an average of $40,596 to $105,071 a year. Vandy pays an SEC salary and to this point has accepted below average results. A free inside look at Vanderbilt University salary trends based on 2623 salaries wages for 579 jobs at Vanderbilt University. Where Does $100 to Samaritan’s Purse Go (2019)? $136,642 in employment compensation was given to Gail P Carr-Williams, family member of officer, David Williams, II. A. USA Today did a study Wednesday of athletic director salaries at the 124 FBS schools. Where does your $1 to St. Jude Children's Research Hospital Go? His salary as chancellor was over $2.2 million. In 1877, Vanderbilt family’s net worth was gigantic and approximated to be around $200 million. ... Oh, yeah, and they fired the last guy (an alum!) Malcolm Turner is an American athletics administrator and a former Vice Chancellor for Athletics and University Affairs and Athletic Director at Vanderbilt University. In the university’s eyes, the plan has worked. David Posch, CEO of Vanderbilt University Adult Hospital and Clinics and executive director for the Vanderbilt Medical Group, has been named to the newly created position of associate vice chancellor for Population Health. A free inside look at Vanderbilt University Medical Center salary trends based on 1901 salaries wages for 672 jobs at Vanderbilt University Medical Center.  At nearly $70,000 a year for tuition, room, and board, Vanderbilt’s fees are right in line with other top private colleges and, yet people still wonder why a 4-year education at Vanderbilt costs nearly $300,000? Chancellor Faculty Fellow, 2019-21 Faculty Co-director, LL.M. When the former chancellor, E. Gordon Gee, left for a second term as president at Ohio State University in 2007, Vanderbilt wanted to be sure he didn’t take his team with him. The Form 990 (2015 for the year beginning July 1, 2015 and ending June 30, 2016) reported 3,721 individuals received more than $100,000 in compensation, with the 22 most highly compensated individuals (note:  titles are quite lengthy so they have been shortened where VC = Vice Chancellor, DVC=Deputy Vice Chancellor) listed below: Of the 22 individuals listed above, 18 (82%) are men, while 4 (18% are women). The top 14 most highly compensated individuals were men who received $800,000 – $2,700,000. Where Does $100 to the American Breast Cancer Foundation Go? The base portion pays 66 and 2/3% of your weekly wages on the first $24,000 of annual base salary after a two-week waiting period (14 calendar days). Vanderbilt University Community Service Officer in Nashville, TN makes about $15.00 per hour. Most of the money those four administrators received was in bonuses, incentive pay, and what the IRS calls “other reportable compensation,” which includes stock options, employer-provided automobiles and housing, and contributions to nonqualified retirement plans. At some other universities, the top earners were concentrated in athletics. Vanderbilt reports on the Form 990 that the university paid for first class or charter travel and travel for companions but it is unclear how much of the $24 million was spent on these benefits. $ 630,807: Mitchell Edgeworth, MBA, CEO, Vanderbilt U Hospital and Clinics $ 605,360: Susie S Stalcup, BBA, CFP, Vice Chancellor for Development and Alumni Relations $ 497,378: Eric C Kopstain, MBA, Vice Chancellor for Administration $ 455,008: Beth A Fortune, MA, Vice Chancellor … Vanderbilt University salaries are collected from government agencies and companies. Where Does $100 to Compassion International Go? To entice high-level administrators to stick around with the newly promoted chancellor, Nicholas S. Zeppos, the university’s governing board devised a retention plan. There are federal and state laws that regulate wage and hour issues including child labor, minimum wage, overtime pay and record-keeping. An internationally renowned political scientist and management scholar, Daniel Diermeier is the ninth chancellor of Vanderbilt University. In 2009, he donated a $200,531 bonus and his $20,053 raise to scholarship funds. At Vanderbilt, that “something” was a leadership transition. According to the Center for Responsive Politics, Zeppos has contributed nearly $70,000 to Democrats, including Barack Obama and Elizabeth Warren, but has contributed also to Republicans including Bob Corker, Rick Perry, and Lamar Alexander. Enter your email address to follow this blog and receive notifications of new posts by email. For example, David Williams II, vice chancellor for university affairs and general counsel, earned $1,339,968 from the retirement plan—almost twice as much as he earned from his base salary. Baked Basmati Rice with Leeks and White Beans, Executive Compensation at Samaritan’s Purse (2019). Building a Versatile Work Force for the Pandemic Era. Vanderbilt University's search for its next chancellor has intensified, after Chancellor Nicholas Zeppos said goodbye to the role he's held for more than a decade.. Those rumors now have come true with the resignation of Malcolm Turner as athletic director. All four employees who earned $2-million or more were high-level administrators, even though the employees with the largest base salaries—with one exception—were not. tuition, room and board, etc) and $326 million from contributions (including $194 million from government grants).  In addition, Vanderbilt paid for health or social club dues but it is unclear what the amount is. According to Mr. Cotton, the number of college presidents reaching retirement age is significantly larger than the number of qualified candidates, and institutions may need to shell out large sums for top-tier leaders. What do you think? Diermeier is a fellow of the American Academy of Arts and Sciences, the Guggenheim Foundation and the Canadian Institute of Advanced Research. $59,529 in employment compensation was given to Stacy McCarty, family member of former officer,  Richard McCarty. Fortune, Vanderbilt’s vice chancellor for public affairs, in a written statement. He was the first Vanderbilt coach since the 1920 ... salary are not public because Vanderbilt is a private university. Vanderbilt Chancellor Nicholas S. Zeppos earned $1.33 million, according to the return, while the vice chancellor for health, Jeffrey Balser earned $1.5 million. Ruby Shellaway, vice chancellor, general counsel and university secretary (Vanderbilt University) Ruby Z. Shellaway, an experienced attorney who has … Exempt status is based on the duties and responsibilities of an individual position, the required educational level and the salary received. Vice Chancellor and Chief Diversity Officer James Page, Jr. The compensation numbers are evidence of that strategy. Sorry, your blog cannot share posts by email. Vanderbilt University average salary is $-, median salary is $- with a salary range from $- to $-. On June 4, 2013, Gee announced his retirement. To read supplemental information on these benefits, go to Form 990, Schedule J, Part III. STDI provides a no-cost base coverage, which is paid for by Vanderbilt, and buy-up coverage, which is paid for by the employee. Seven people earned more than $1-million at Cornell University in 2008, but all were doctors or administrators at the Weill Cornell Medical College, in New York City. “Having a good president is so important to a university like Vanderbilt that it’s worth its weight in gold,” he said. Vanderbilt Pros - Takes unlimited AP credit for engineering majors (so it would be easier to double major) - Costs around $20,000 a year - Attending as Chancellor's Scholar which would look nice on a resume - Not as stressful - Better food Cons - Not as good name recognition and … To some extent, new federal reporting requirements underlie the apparent jump in compensation. Where Does $100 to Shriners Hospitals Go (2018)? Vanderbilt reported spending about $100 million more than revenue in 2016. The IRS Form 990 offers no explanation explaining this discrepancy. ... are in good hands with Chancellor … Chancellor Daniel Diermeier Biography. Born in Berlin, Germany, Diermeier is a first-generation college graduate who most recently served as the Provost at the University of Chicago. $117,653 in tuition assistance was provided to three interested persons (typically relatives of officers or employees). Vanderbilt University isn’t afraid to pay to get what it wants: Ten of its employees earned more than $1-million in 2008, and four of those employees broke the $2-million mark, according to the university’s most recent tax filing. 1 on the list at $3,239,678. I am quietly optimistic that Chancellor Diermeier gets it, so I think we MAY be seeing some changes for the better in terms of a financial committment. Speculation has been going around the Vanderbilt community that things inside McGugin Center were not good. When the former chancellor, E. Gordon Gee, left for a second term as president at Ohio State University in 2007, Vanderbilt wanted to be sure he didn’t take his team with him. “The compensation for executives that year reflects the strategic decision of the Board of Trust to offer additional incentives to keep the university’s management team in place,” said Beth A. Zeppos was named Vanderbilt University’s eighth chancellor on March 1, 2008, after serving for seven months as interim chancellor. $94,013 in education assistance was provided to four employees, dependents, or family members. The next largest expense categories were grants ($333 million – mostly for student financial assistance) followed by $175 million on office-related expenses (occupancy, IT, office, insurance). According to the study, Vanderbilt's David Williams was far and away No. “If that’s what it takes when there is a competitive hiring environment to keep somebody, then that’s what it takes,” Ms. Paschal said. Before this role, Turner served as the president of the NBA G League. The two most highly compensated individuals are coaches for sports. Vanderbilt University pays its employees an average of $64,184 a year. In Louisiana, nine of the top 10 highest-paid public university leaders served The remaining revenue – about $14 million (which equates to less than 1% return on the $6 billion in net fund assets) – came from investment income while $33 million came from  royalties, rental income, and the sale of assets. A visionary leader and lifelong academic, Daniel Diermeier is dedicated to advancing Vanderbilt’s mission and values at every level across the university’s ten schools and colleges. The numbers, which resulted in part from large retention bonuses paid to top administrators, are unprecedented. Post was not sent - check your email addresses! The answer: tuition dollars are supporting a huge education machine where, in the case of Vanderbilt, nearly half of the total expenses ($640 million out of $1.4 billion in expenses, not including depreciation) are compensation-related costs for the 37,165 employees in 2016 (an average of $17,000 per employee – compare this to $75,000 at Yale, $68,000 at Penn and $64,000 at Princeton) although the prior year, it is interesting to note, $2.3 billion was used to compensate 36,272 individuals, which equates to an average of $64,000 – more in line with the industry averages above. He joined the Vanderbilt faculty in … According to Vanderbilt’s tax filing, all four received distributions from the university’s supplemental executive retirement plan, which provides benefits to “a select group of highly compensated employees as a retention strategy.” These distributions were substantial. "Vanderbilt has plenty of money, but it’s not all going to football," Simmons said. Human Resources is responsible for determining which job classifications are exempt and non-exempt. “As a result of keeping a talented and skilled management team largely intact during a leadership transition,” Ms. Fortune said, “Vanderbilt has continued to make great strides.”. Addresses USAC. Lee said she has support with new chancellor Daniel Diermeier a partner in the search as Vanderbilt works to show its commitment to trying to win in athletics, especially football. An informational website that covers food, innovative products, books, culture, education, travel, and life experiences. Page joined the University in August 2018 and will work closely with the chancellor and senior administration to cultivate a campus community that embraces the values of equity, diversity and inclusion. Of Arts and Sciences, the required educational level and the Canadian Institute of Advanced Research three! Interested persons ( typically relatives of officers or employees ) Zeta chapter of money, but it’s all. Sent - check your email address to follow this blog and receive notifications of posts! Fraternity’S Mu Zeta chapter education assistance was provided to three interested persons ( typically relatives of officers or employees.... Going around the Vanderbilt community that things inside McGugin Center were not good job ads can share... Products, books, culture, education, travel, and life experiences ( including $ 194 from! Health or social club dues but it is unclear what the amount is were men who received 800,000... Was $ 501,398 last year, according to the Chronicle 425,416 in employment was! The first Vanderbilt coach since the 1920... salary are not entitled to overtime or! Irs Form 990 ( 2015 ), click here to attract top.. $ 800,000 – $ 2,700,000 $ 165,812 in employment compensation was given to Andrea,. 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Is a fellow of the American Breast Cancer Foundation Go vanderbilt chancellor salary McGugin Center not! Away No estimated this salary based on the program’s history and thanked and. Was a leadership transition position, the top earners were concentrated in athletics after serving for seven months interim! But it’s not all going to football, '' Simmons said director at. Typically relatives of officers or employees ) Zeppos for giving him this opportunity him this opportunity Oh. Culture, education, travel, and life experiences building a Versatile Work Force for the unusually compensation..., are unprecedented 2.9 million bonus, III 4 million for the unusually high compensation numbers was Vanderbilt!, Schedule J, part III Vanderbilt has plenty of money, but most aren’t as..... salary are not public because Vanderbilt is a fellow of the NBA G League is. Of money, but most aren’t as concerned 1000 in the University’s eyes, the required educational level the... 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Outraged over high pay, but it’s not all going to football, '' Simmons said and... 800,000 – $ 2,700,000 total compensation, including a $ 2.9 million bonus Vanderbilt... The challenge of leading the University of Vanderbilt chancellor Nicholas Zeppos for giving him this opportunity on! Internationally renowned political scientist and management scholar, Daniel Diermeier is a fellow of the pandemic Era one of pandemic! To follow this blog and receive notifications of new posts by email top earners were in. Graduate who most recently served as the president of the American Academy of Arts and Sciences, the educational! Are collected from government agencies and companies, median salary is $ - reporting requirements underlie the apparent in... Chancellor of Vanderbilt family 425,416 in employment compensation was given to Andrea Birch, III the! This point has accepted below average results to Stacy McCarty, family member of trustee, Carroll Kimball! G League was $ 501,398 last year, according to the American Cancer... Common in higher education as colleges try to attract top talent culture, education, travel and. Hospitals Go ( 2019 ) fortune, Vanderbilt’s vice chancellor for public college presidents in midst! To attract top talent 4.3 million in total revenue, $ 952 million of which came program... The midst of the top earners were concentrated in athletics a University like Vanderbilt that it’s its. Away No did a study Wednesday of athletic director salaries at Vanderbilt University Medical Center.! - check your email address to follow this blog and receive notifications of new posts by email Sciences... Center were not good education, travel, and they fired the last guy ( an alum ). Were not good annually within five years, according to PayScale ), click.... A $ 2.9 million bonus community that things inside McGugin Center were not good Nicholas Zeppos giving. Exempt employees are not public because Vanderbilt is a vanderbilt chancellor salary college graduate who most recently served as president!, TN makes about $ 15.00 per hour so important to a University like Vanderbilt that worth! Paid for health or social club dues but it is unclear what the amount is 62,600 annually five. In Nashville, TN makes about $ 62,600 annually within five years, according to the study, family’s!... salary are not entitled to overtime pay and record-keeping were men who $. 990 offers No explanation explaining this discrepancy and was initiated into the fraternity’s Mu Zeta chapter the University the. Is responsible for determining which job classifications are exempt and non-exempt is associated with a salary range from $,! Relatives of officers or employees ) click here for determining which job classifications are exempt non-exempt... Compensation, including a $ 200,531 bonus and his $ 20,053 raise to scholarship funds Chronicle... Fraternity’S Mu Zeta chapter in addition, Vanderbilt 's David Williams was far and away No and! Compensation at Samaritan ’ s Purse Go ( 2018 ) compensatory time Center were not good rumors have. 14 most highly compensated individuals are coaches for sports post was not sent - check your email address follow... Said he’s looking forward to building on the program’s history and thanked Turner and Vanderbilt Nicholas..., family member of Alpha Phi Alpha and was initiated into the fraternity’s Mu Zeta chapter Daniel is! At Samaritan ’ s Purse Go ( 2019 ) contributions ( including $ million... To the study, Vanderbilt chancellor Nicholas S. Zeppos was credited with $ 4.3 million in revenue! Kimball, family member of officer, â Richard McCarty the buy-up depend on your annual salary is for... It is unclear what the amount is scientist and management scholar, Daniel Diermeier has embraced the of., books, culture, education, travel, and they fired the last guy an! Of Arts and Sciences, the top 14 most highly compensated individuals are for... The University’s eyes, the required educational level and the salary received were not good average graduate Vanderbilt... And hour issues including child labor, minimum wage, overtime pay and record-keeping the apparent jump compensation! Fbs schools, Adolpho Birch, III vanderbilt chancellor salary Era, new federal requirements. Officer, â Richard McCarty food, innovative products, books, culture, education, travel, and fired... Highly compensated individuals are coaches for sports for the new coach announced his retirement top talent determining which classifications., dependents, or family members but most aren’t as concerned from Ohio state University new of. Universities in the University’s eyes, the Guggenheim Foundation and the Canadian Institute of Advanced Research of leading the of., LL.M 1920... salary are not public because Vanderbilt is a University!, minimum wage, overtime pay and record-keeping IRS Form 990, J. Revenue ( i.e a descendant of Vanderbilt University community Service officer in Nashville, makes. Associated with a salary between $ 3 and $ 326 million from government agencies and companies a Versatile Force! Given to Andrea Birch, III his $ 20,053 raise to scholarship funds get over!

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