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Gordon Gee, who is now president of West Virginia University, made $6.1 million in his last year at Ohio State University. Andrew Harrer/Bloomberg/Getty

Million dollar club: University presidents’ salaries surge

May 19, 2014

FORTUNE -- Nine presidents of public universities made more than $1 million in 2013, more than doubling the total of four who received seven-figure salaries for the 2012-13 period, according to The Chronicle of Higher Education.

The top earner on the list? Gordon Gee, who made $6.1 million in his last year at Ohio State University. That figure includes some severance pay, as Gee has since left the Columbus school and is now president of West Virginia University.

MORE: B-school professors earn that much in speaking fees?

Among those earning more than $1 million per year, the longest tenured is Michael F. Adams at the University of Georgia, who has been in his job since 1997. The most recent appointee: Bowen Loftin, who took the reins at Texas A&M at College Station in 2010. Three women and six men were part of the $1 million club.

The salaries of top employees at public universities, including presidents and athletic coaches, have been the subject of scrutiny in an age of increasing student loan debt.

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