CSU Trustees Approve Pay Raises For Two Presidents
LONG BEACH (AP) — California State University trustees have approved 10 percent pay hikes for two campus presidents after hearing that the system faces sweeping funding and enrollment cuts.
The trustees took the action at their meeting Tuesday in Long Beach.
CSU East Bay President Leroy Morishita will receive a base salary of $303,660, while CSU Fullerton President Mildred Garcia will earn a base salary of $324,500.
The presidents also receive a $12,000 car allowance and a $60,000 housing allowance.
Ten percent is the maximum raise allowed under a policy approved by the board in January amid a firestorm of criticism over executive pay raises while tuition is being hiked and enrollment slashed.
(Copyright 2012 The Associated Press.)
