Tilghman’s pay nears $900,000

The $881,151 in compensation, which consisted of $764,108 in reportable compensation and an estimated $117,043 in other compensation from the University and related organizations, reflects a 12.5 percent increase from Tilghman’s pay for the 2007-08 academic year, during which she received a total of $783,459.

She is the fourth-highest-paid University employee, behind several executives at the Princeton University Investment Company, or PRINCO. Andrew Golden, president of PRINCO, received $2,549,323 in compensation for the 2008-09 academic year. PRINCO managing directors Jonathan Erickson and Daniel Feder made $1,555,725 and $1,225,202, respectively.

Golden’s compensation total marked a 33 percent increase over the $1,911,659 he received the previous year. Erickson received 45 percent more than he did in the 2007-08 academic year, when his compensation package amounted to $1,074,849, and Feder received 26 percent more than the $971,097 he earned last year.

The salaries of University administrators are determined on a year-to-year basis by a committee composed of members of the Board of Trustees.

The University has a policy of not routinely commenting on personnel or compensation issues.

However, the chair of the board’s executive committee, Stephen Oxman ’67, told The Daily Princetonian in November 2005 that Tilghman’s salary was determined on the basis of performance.

“The compensation committee reviews [her] performance and her salary annually and, among other things, looks at salaries of people in comparable positions,” he said. “Salary is determined based on performance, and performance has a lot of different dimensions, and we try to look at all of them as fairly as possible.”

Tilghman was the sixth-highest-paid Ivy League president for the 2008-09 academic year.

Columbia president Lee Bollinger was the highest-paid Ivy League president, earning $1,753,984. He was followed by Richard Levin of Yale, the longest-serving Ivy League president, who made $1,530,008, and University of Pennsylvania president Amy Gutmann, who earned $1,367,004. Gutmann served as Princeton’s provost from 2001 to 2004.

Cornell president David Skorton made $915,913, while Brown president Ruth Simmons made $884,771. Simmons served as vice provost at Princeton from 1992 to 1995.

The two Ivy League presidents who earned less than Tilghman were Drew Faust of Harvard, who earned $822,011, and James Wright of Dartmouth, who earned $687,404.

Among University administrators, Provost Christopher Eisgruber ’83 had the second-highest compensation with $538,176. Executive Vice President Mark Burstein earned $521,233. Vice President and Secretary Bob Durkee ’69 received $373,552.

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Anne-Marie Slaughter ’80, who served as Wilson School dean until February 2009, when she stepped down to serve as the director of policy planning at the U.S. State Department, received $505,655 for the 2008-09 academic year, according to the University’s tax filings. Slaughter’s compensation was $12,234 more than she received in the 2007-08 academic year, even though she did not complete her term.

Dean of the College Nancy Malkiel, who is due to step down from her post at the end of this academic year, earned a compensation of $339,535.

Federal law requires all nonprofit organizations, including universities, to annually disclose to the Internal Revenue Service the total compensation of its officers, trustees, directors, key employees and five other employees making more than $100,000.