Bryant, JWU, Brown chiefs lead private college pay in region

BRYANT UNIVERSITY President Ronald K. Machtley led private college chief pay in the region in 2013, receiving total compensation of $795,570, according to the Chronicle of Higher Education.
BRYANT UNIVERSITY President Ronald K. Machtley led private college chief pay in the region in 2013, receiving total compensation of $795,570, according to the Chronicle of Higher Education.

PROVIDENCE – Bryant University President Ronald K. Machtley led private college chief pay in the region in 2013, receiving total compensation of $795,570, according to the Chronicle of Higher Education.
Machtley’s pay ranked him 65th out of 531 private college chiefs in the country.
Deferred compensation, which may also include retirement and is not included in the total compensation figure, amounted to an additional $28,800 for Machtley, the Chronicle said.
But when deferred compensation is added for John J. Bowen, president of Johnson & Wales University, who ranked 75th, he jumps into first place for being the highest paid private education chief in the region.
Bowen’s total compensation was listed as $730,059, by the Chronicle, and his deferred compensation at $774,069, boosting his total to $1,504,128, more than any other president in the region.
Brown University President’s Christina H. Paxson, in comparison, ranked 72nd for $739,680 in total compensation. The report also listed an additional $220,400 in deferred compensation for Paxson.
Chronicle authors Sandhya Kambhampati and Brian O’Leary reviewed data for institutions with the 500 largest endowments, compiling information from the Internal Revenue Service and university websites to come up with their findings.
The Chronicle featured data on 558 chief executives at 497 private, nonprofit colleges in the United States, noting the median salary for leaders in office for the full year was $436,429 and 32 presidents earned more than $1 million. The Chronicle said that in 2013, the typical college president earned 85.9 percent of his or her income as base pay.
Other total compensation amounts for private college chiefs in Rhode Island and Bristol County, Mass. are as follows:

  • New England Institute of Technology, Richard I. Gouse, total compensation, $712,437; deferred compensation, $98,798
  • Roger Williams University, Donald J. Farish, total compensation, $563,594; deferred compensation, $45,400
  • Providence College, Rev. Brian J. Shanley, total compensation, $57,343
  • Salve Regina University, Sister Jane Gerety, total compensation, $39,775; deferred compensation $195,208
  • Wheaton College, Ronald A. Crutcher, total compensation, $423,934; deferred compensation of $47,170
  • Information was unavailable for Stonehill College as Rev. Mark T. Cregan left the position in June 2013. In 2012, he made $42,838.

Information also was unavailable for Rhode Island School of Design, as its endowment was not among the 500 largest as reported by the U.S. Department of Education.

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