Gerry Canavan

the smartest kid on earth

Run the University Like a Business

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In Gee’s own case, the sums of money involved are disgusting. At the time he was apparently forced out after having made a few tactless jokes in a private meeting, Gee was getting paid about  two million dollars per year.  This does not include the $7.7 million that the university paid for Gee’s travel, housing and entertainment between 2007 and 2012 – a sum which included at least $895,000 for soirees at Gee’s university-provided mansion, more than a half million dollars for private jet travel, and  “$64,000 on his trademark bow ties, bow tie cookies, O-H lapel pins and bow tie pins for university marketing.”

Ah yes, “marketing.”

Gee also increased the size of the university’s senior staff by 30%, and raised their average salaries by 63%, to $539,390 in 2011.  To get a sense of how out of control university administrator compensation has become, consider that a year before Gee began his first tenure as Ohio State’s president, the president of Harvard was paid $138,044 ($256,000 in 2012 dollars), and only eight university presidents  in the entire nation made more than $200,000. Now, thanks to E. Gordon Gee and his ilk, there are literally dozens of administrators at the Ohio State University alone who would consider that sum an insult.

The Lessons of the Megalomaniac University President.

Written by gerrycanavan

June 10, 2013 at 12:52 pm

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