Plan Would Allow Use Of Foundation Funds For California State U Presidents' Pay Raises

Wednesday, May 2, 2012
California State University trustees will consider freezing state-funded pay for new campus presidents next week, but with a catch: Raises could still come from foundation accounts. CSU trustees have come under fire in recent months for giving raises to newly hired presidents as state funding has shrunk and fees have soared, particularly last year when they granted new San Diego State University President Elliot Hirshman a $100,000 raise from $300,000 to $400,000. In January, the board agreed to limit raises for campus presidents to 10 percent above what the outgoing leader made. Trustees in the past have argued that such pay is necessary to attract the most qualified candidates to run CSU campuses. But the 23-campus system continues to face pressure from state leaders and employee unions demanding more action.

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