NEWS IN BRIEF: Salaries

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President Malcolm Gillis topped the list of Rice's most highly paid officials, according to a survey by The Chronicle of Higher Education in its Sept. 29, 1995 issue.

In 1993-94, he earned $257,000 in regular pay and $38,140 in benefits. He was followed on the list by Vice President for Graduate Studies, Research and Information Services Tony Gorry, who made $237,278 in regular pay and $36,409 in benefits.

Chemistry Professor Richard Smalley was Rice's most highly paid professor. He earned $229,778 in regular pay and made $33,170 in benefits.

The results of the survey featured the salaries and benefits of administration and faculty at 39 of the top research institutions across the country.

Among these institution officials, Boston University President John R. Silber was the most highly paid college president, even without the $300,000 bonus that had made him the best-paid college chief the year before. He made $400,000 in regular pay for 1993-94 and $164,020 in benefits.

Former Rice President George Rupp, now the president of Columbia University, made $275,000 in 1993-94 and $28,615 in benefits.

The highest-paid college administrator in Texas is Charles M. Balch, executive vice president for health affairs at the UT-M.D. Anderson Cancer Center, who earns $353,015 a year.

Another college administrator, University of Houston Chancellor William P. Hobby Jr., is not quite so well paid. Hobby will earn a nominal annual salary of one dollar, putting him in last place on the payroll list of administrators, according to the March 17 issue of the Houston Chronicle .

A former lieutenant governor whose family owned the now-defunct Houston Post and other media properties, Hobby waived all but a dollar of his salary last year when he became chancellor of the University of Houston system.

The Chronicle of Higher Learning compiled the information from the Form 990 filed by each institution in the past two years.

An institution's Form 990 may not tell casual readers all they want to know about the pay scale. A glance at Harvard University's form suggests that no one at the university earns more than $303,150 a year -- the pay for Daniel Tosteson, the medical school dean.

Harvard Management Company, a separate, non-profit organization that oversees Harvard's investments, paid its vice president for equity, Jonathan S. Jacobson, nearly 10 times that -- $2,964,965.

At least five other employees of the management company also earned $1 million or more. Technically, they do not work for the university, but they do work on its behalf.

This item appeared in the News section of the March 22, 1996 issue.

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