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Higher Education
Compensation at the top of Florida's universities
State university presidents’ five-year contracts typically include health and life insurance, state employee retirement plan contributions, travel expenses for spouses outside university service areas and a paid sabbatical if they resign from the presidency and remain at the school.
Mark Rosenberg
Florida International University
Base salary: $475,000
Other compensation: Deferred compensation of $75,000 a year
Other benefits: Required to live in president’s house; $10,500 car allowance; tenured professorship
Judy Genshaft
University of South Florida
Base salary: $470,000
Bonuses: Performance stipend of up to $175,000
Other compensation: Deferred compensation of 12% of base salary
Other benefits: Retention stipend at rate of $100,000 annually upon completion of contract (2016); car; membership in Tampa Palms Country Club and University Club; tenured professorship; required to live in president’s house
John Hitt
University of Central Florida
Base salary: $463,500
Bonuses: Undefined lump sum incentive at board’s discretion
Other compensation: Deferred compensation at 20% of base salary
Other benefits: Car; $4,000 monthly for spousal travel, memberships at Citrus Club and Interlachen Country Club; required to live in president’s house
Eric Barron
Florida State University
Base salary: $395,000
Bonuses: $100,000 for each $100 million raised during fundraising campaign
Other compensation: A retention bonus of $400,000 if he stays for eight years; deferred compensation of 15% of annual base
Other benefits: Car; required to live in president’s house; tenured professorship
Bernard Machen
University of Florida
Base salary: $375,000
Bonuses: Retention bonus after five years of $225,000; $300,000 additional potential bonus after eight years, $100,000 more after nine
Other compensation: Annual retirement contribution of $75,000; tenured professorship
Other benefits: Car; house
John Delaney
University of North Florida
Base salary: $370,000
Bonuses: Performance-based “compensation award” of up to 30%
of base salary; retention bonus
Other compensation: Deferred compensation of 20% of base salary
Other benefits: Car; $48,000 annual housing allowance; post-presidential appointment to an academic unit or research or policy center; $5,000 for an executive physical
Mary Jane Saunders
Florida Atlantic University
Base salary: $345,000
Bonuses: Up to $50,000, performance-related
Other compensation: Retirement benefit of up to 15% of annual base salary
Other benefits: Tenured professorship; new car every three years; required to live in president’s home
Wilson Bradshaw
Florida Gulf Coast University
Base salary: $310,000
Bonuses: Up to $60,000 based on performance each year; retention bonus that accumulates at $50,000 annually paid in lump sum of $250,000 after completing five years at the university
Other compensation: Deferred compensation of 15% of base salary; $50,000 housing allowance
Other benefits: Car, tenured professorship
Judith Bense
University of West Florida
Base salary: $275,000
Bonuses: Performance-based merit bonus of up to 15% of base salary
Other compensation: Deferred compensation of 12% of annual
base salary; housing allowance of $24,000 annually
Other benefits: Tenured professorship; $14,000 car allowance
Donal O’Shea
New College
Base salary: $260,000
Other compensation: Deferred compensation of 15% of base salary; $5,000 annual car allowance; $10,000 discretionary fund for expenses; $45,000 for expenses that can’t be funded with state/public funds; $6,000 stipend for academic research activities
Other benefits: $30,000 housing allowance; tenured professorship