By Associated Press
Tuscaloosa, AL – Trustees at the University of Alabama have approved pay raises for the school's top administrators, putting them all in the range of half a million dollars or better.
UA System Chancellor Malcolm Portera's base salary remains at $500,000, but trustees added a $104,541 deferred payment if he meets performance measures - a 7.9 percent raise.
UA President Robert Witt and Carol Garrison, president of the University of Alabama at Birmingham, will receive $592,161 in salary, with $104,541 of that coming at the end of the year in a deferred compensation arrangement approved by UA trustees Thursday. It amounts to a 3.4 percent increase.
Portera said David Williams, president of the University of Alabama at Huntsville, was not eligible for a raise because he arrived in July. Williams' salary remains at $400,000 annually.
Auburn University President Jay Gogue signed a five-year contract this summer paying $450,000 annually, but the $1.25 million in deferred salary that he'd get if he's still president in 2012 means the contract would be worth $700,000 for each year.
The average pay for presidents of large universities in the Southeast in 2006 was $317,568.
(Copyright 2007 by The Associated Press. All Rights Reserved.)