The chairman of California State University's governing board said Tuesday that he will propose capping the pay of new executives at 10% above what their predecessors made in the wake of stinging criticism of recent salary decisions.
Herb Carter, chairman of the Board of Trustees, said the limit would address concerns raised by several state lawmakers who have introduced legislation that would establish stricter policies and curb the trustees' ability to set compensation.
Trustees gathered Tuesday in Long Beach and will continue their meeting Wednesday. They are scheduled to consider revising the formula used to set salary and benefits for new presidents in the 23-campus system.
That method would use a list of comparison colleges and universities from around the country to determine appropriate compensation. Cal State officials have long argued that they must offer competitive salaries to attract the most qualified candidates.