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Ex-Penn St head was top paid among public colleges

3:29 PM, May 12, 2013   |    comments
  • Pennsylvania Attorney General Linda Kelly announces charges against former Penn State president Graham Spanier and additional charges against former vice president Gary Schultz and athletic director Tim Curley during a news conference at the Pennsylvania State Capitol Building in Harrisburg, Pennsylvania on Thursday, November 1, 2012. (Christopher Weddle/Center Daily Times/MCT via Getty Images)
  • STATE COLLEGE, PA - OCTOBER 29: A detailed view of the Penn State Nittany Lions logo in the press room after the game against the Illinois Fighting Illini on October 29, 2011 at Beaver Stadium in State College, Pennsylvania. (Photo by Justin K. Aller/Getty Images)
    
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BUFFALO, N.Y. (AP) - The Chronicle of Higher Education has released its annual ranking of what public college presidents make.

Survey results released Sunday show four chief executives earned more than $1 million last year.

Topping the list was ex-Penn State President Graham Spanier (SPAN'-yer). He shot to the No. 1 spot when he was forced out in November 2011 over his handling of the sex abuse scandal involving former defensive coordinator Jerry Sandusky. Spanier received $2.9 million in 2011-12, including $1.2 million in severance pay and $1.2 million in deferred compensation.

The median compensation for public college presidents including pay, benefits and bonuses was $441,000.

Ohio State University President E. Gordon Gee (gee) had the highest base salary: $830,000. That's more than double the median base salary of $374,000.

(Copyright 2013 by The Associated Press. All Rights Reserved.)

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