Friday, May 29, 2015

Penn's Gutmann top-paid at $2.8 million last year

Amy Gutmann
Amy Gutmann

Amy Gutmann, president of the University of Pennsylvania, earned $2.82 million in overall compensation in 2012-13, making her the highest-paid employee at the school for the first time.

Second was Robert Muller, CEO of Penn's health system, who earned $2.37 million. The compensation packages were reported as part of required tax filings and made available for inspection by the university.

Gutmann's compensation package for 2012-13 represented a 35 percent increase over the previous year.

Last year, Gutmann was the sixth-highest paid private university president in the nation, according to The Chronicle of Higher Education, and second-highest paid Ivy League president, behind only Lee C. Bollinger of Columbia University. At the time, Penn board chair David L. Cohen said trustees believe that Gutmann, who took the helm in 2004, is "the best university president in the country" and that "her compensation should reflect that reality."

The board in 2012 extended Gutmann's contract through 2019.

- By Susan Snyder

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