In 2014, Glotzbach Made More than Most Private College Presidents
On December 4th, The Chronicle of Higher Education updated their data on private and public college president salaries with data from 2014. In 2014, President Philip Glotzbach’s base pay was $456,794, and his total compensation was $532,173. This makes him the 148th highest paid private college president out of 510 others, which is 24 places higher than his 2013 ranking. In 2013, he was ranked 172 out of 531 presidents, and his total compensation was $504,441.
In 2014, the highest paid private college president was Jack Varsalona, president of Wilmington University. His total compensation was $5,449,405, which is significantly more than what President Glotzbach made. However, Glotzbach made more money than presidents at many other Liberal Arts colleges, including Bowdoin, Amherst, Vassar, Ithaca, Oberlin, Bard, Connecticut College, Sarah Lawrence and Middlebury. Among these colleges, Bard College president Leon Botsein made the least amount of money; his total compensation was only $428,191. Presidents at Union, Williams, Colgate, Hamilton, Franklin and Marshall, Hobart William and Smith, and Wellesley made more than Glotzbach, with the 2014 president of Hamilton College receiving a total compensation of $715,979.
The Chronicle of Higher Education also compared Glotzbach’s salary to the other highest-paid employees at Skidmore. Glotzbach was the highest-paid person on campus. The second highest-paid Skidmore employee of 2014 was Michael West, Vice President for Finance & Administration and Treasurer. West made just over half of what Glotzbach earned with a total compensation of $272,946. The highest-paid professor in 2014 was Patricia Fehling, Professor of Health and Exercise Sciences. Her total compensation was $174,298, which makes her the eighth highest-paid employee at Skidmore. The second highest-paid professor is psychology professor Sheldon Solomon. His total compensation was $169,786, which makes him Skidmore’s ninth highest paid employee.
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Photo Courtesy of Skidmore.edu