The Chronicle of Higher Education reports that the president of Johns Hopkins University, Baltimore’s largest employer, was the 16th best-paid executive at a private college in the U.S.
The education magazine, in its annual survey of Executive Compensation at Private Colleges, said Daniels was paid $1,271,043 in 2010, with a base pay of $826,277 and the rest in benefits and deferred compensation.
Daniels took office in March 2009, and among his core objectives has been to improve “town-gown” relations between the institution, with its medical campus in East Baltimore and undergraduate school in North Baltimore, and surrounding communities.
Last week he announced that Hopkins would spend $2 million a year over the next five years to improve the neighborhoods near its Homewood undergraduate campus.
According to the Chronicle’s figures, compiled from IRS forms filed by private colleges, academic compensation and the size or prestige of the institution often have little in common.
The top five highest paid college presidents include those from Birmingham-Southern College, The New School and Rensselaer Polytechnic Institute, with compensation packages of up to $3 million.
In the Baltimore area, the president of Stevenson University, Kevin J. Manning, was paid $1,049,598 in 2010.
In contrast, the compensation package for the president of Harvard University was $875,331 and the president of Princeton $902,205.