New UW-Madison chancellor to make more than UW president
For the first time, the chancellor at University of Wisconsin-Madison will make more than the president of all 26 public campuses.
The Board of Regents voted Thursday to hire Cornell provost Biddy Martin as Madison's new leader, at a salary of $437,000 a year.
System president Kevin Reilly will make $414,000, after he and other top administrators were given 3 percent raises.
There were some rumblings in the Legislature about high UW salaries, at a time of massive layoffs in the private sector.
Regents' president Mark Bradley says the UW must pay to get good talent - and they're not keeping pace with other schools.
In fact, Martin's taking about a 20 percent pay cut.
Tax filings show that she made $534,000 in salary and benefits at Cornell. Here, taxpayers will not cover all of Martin's salary.
The UW Foundation and the Wisconsin Alumni Research Foundation will cover about $50,000 each.
Reilly says he'll donate about $70,000 of his salary to a fund that provides scholarships for needy students.
Also Thursday, the Regents hired Richard Telfer as the new chancellor at Whitewater, and Robert Felner as the new chancellor at Parkside.