CSU trustees cap new presidents' salaries at $325K

[link:http://www.pressdemocrat.com/article/20120125/WIRE/120129689/1350/FRONTPAGE?Title=-CSU-trustees-cap-new-presidents-salaries-at-325K|

LONG BEACH — The California State University board of trustees on Wednesday capped salaries of newly hired campus presidents at $325,000 after an outcry over a $400,000 pay package approved for a new president last year when tuition shot up 12 percent.

The new policy will establish a salary ceiling of $325,000 or raise the salary by no more than 10 percent of the pay received by the outgoing president.

The board approved the new policy without comment. Trustees are currently searching for five presidents in the 23-campus system, a turnover administrators said was unprecedented.

The move comes after two bills were introduced in the state Senate to limit presidents' salaries after the board last year approved a $400,000 pay package for the new president of San Diego State University, Elliot Hirshman, that includes a $350,000 salary and a $50,000 supplement from a campus foundation.

http://www.pressdemocrat.com/article/20120125/WIRE/120129689/1350/FRONTPAGE?Title=-CSU-trustees-cap-new-presidents-salaries-at-325K

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Good. Maybe if enough of this sort of thing continues, the trend will trickle up.