Items tagged with 'George Philip'

George Philip stepping down as UAlbany president

george philipUAlbany announced Friday afternoon that president George Philip is retiring. He had been in the job since November 2007, first as interim president, then in June 2009 in a permanent role.

UAlbany says Philip will continue in the role until a new president is named.

In school's press release, SUNY chancellor Nancy Zimpher called Philip "one of the University at Albany's all-time champions." And it notes that the university's endowment increased 26 percent during his tenure, the school exceeded $450 million in research expenditures last year, it added new student housing, broke ground on a new business school building, and the College of Nanoscale Science and Engineering grew significantly.

(there's more)

UAlbany president's pension is head of the class

Thumbnail image for Thumbnail image for UAlbany walkthrough fountainUAlbany president George Philip has the largest annual pension benefit among retired state and local government employees, according to figures published today by the Empire Center. The annual total: $261,037.

Philip racked up the pension working for the New York State Teachers' Retirement System between 1971 and 2007. He eventually served as chief investment officer and executive director of the fund that was then worth $105 billion, according to his UAlbany bio.

The Empire Center's SeeThroughNY database reports that Philip made $282,906 last year as president of UAlbany. That made him the fourth highest paid employee at the university (Alain Kaloyeros topped the chart at $734,353).

The think tank added pension data to the database this week. The average annual pension benefit for people in the system that includes Philip is $25,947, according to the Empire Center.

[via the ASP]

Earlier on AOA: RPI's Jackson tops compensation chart

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For a decade All Over Albany was a place for interested and interesting people in New York's Capital Region. It was kind of like having a smart, savvy friend who could help you find out what's up. AOA stopped publishing at the end of 2018.

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