Items tagged with 'Shirley Jackson'
The Chronicle of Higher Education has posted its latest analysis of private college president compensation, and RPI's Shirley Ann Jackson is #2 on the list at a little more than $2.3 million. The total is for 2010.
Bob Kerrey -- the former US Senator -- ranked ahead of Jackson for his $3 million in compensation from the New School. Kerrey left the school at the end of 2010. The Chronicle says his compensation total includes a $1.2 million retention bonus the school gave him to stay on through the end of his contract. (Kerrey had been flirting with a job heading up the MPAA -- it fell through). [New School Free Press] [LAT]
If you take out Kerrey's retention bonus, Jackson would hold the top overall spot, though her base pay ranks 8th. (The president of NYU had the highest base pay.)
The Chronicle draws much of its information for this analysis from the Form 990 that non-profits must file with the IRS. You can check out those forms for yourself at Guidestar -- here's the 990 for RPI.
Earlier this year we pulled compensation data for all the college presidents in the Capital Region. Like the Chronicle's report, it's for 2010.
copies follows up on Bloomberg's "college presidents on corporate boards" story -- you know, the one that featured RPI president Shirley Ann Jackson.
Again, Dr. Jackson is one of the examples highlighted:
In the case of Dr. Jackson and her five board appointments, Ms. Minow says, "it is just physically impossible to do the work necessary to be a good director" on so many boards. The Corporate Library estimates that board members must invest 240 hours a year, including meetings and preparation, to do the work properly. But it can become a full-time job if the company runs into trouble. ...
Dr. Jackson would not comment for this article. A Rensselaer spokesman, William N. Walker, said she regularly worked on her board duties through vacation and on weekends. As proof that she was not being distracted from her Rensselaer duties, he cited the hiring of more than 270 new faculty members, $700 million in construction and renovation including four new centers on campus, and a $360 million anonymous donation in 2001 as part of a $1.4 billion capital campaign. Her networking at I.B.M. paid off by helping to bring a $100 million supercomputer to the campus in partnership with I.B.M. and New York State, he said. In June, Rensselaer's board of trustees voted to give Dr. Jackson another 10-year term.
EMPAC, which is a part of RPI, advertises on AOA.
In a meeting with the Troy Record's editorial board, Shirley Ann Jackson addressed many of the ongoing story lines that involve RPI and the city: the relationship with city officials, the old Proctor's theater, the new president's house, the proposed public safety fee and the alert siren. From the article by Troy Record Jess:
Jackson was adamant that she didn't understand why city officials in Troy seem to direct so much ire toward RPI and her personally.
"We try to be a good neighbor," said Jackson. "We want to be helpful."
She believes the media's portrayal of her is unfair, and she said she would rather focus on the positive aspects of current town-gown relations.
Dr. Jackson has been the head of RPI for a decade. The RPI Board of Trustees recently "invited" her back for another 10 years.
She topped the pay chart for private college presidents in the 2007-2008 school year at almost $1.6 million, according to the Chronicle of Higher Ed (the school said last year she'd be donating five percent of her salary to a scholarship fund). A recent Bloomberg piece figured that she earned about $1.4 million serving on corporate boards last year.
RPI president Shirley Ann Jackson is mentioned prominently in a Bloomberg piece today about college presidents "struggling to reconcile the demands and values of academia with shareholder skepticism about their boardroom commitments."
From the article by Janet Lorin:
Jackson of RPI, in Troy, New York, sits on five corporate boards, more than most college presidents, after stepping down from a sixth in April. She traveled to Milwaukee and Houston to attend shareholder meetings for International Business Machines Corp. and Marathon Oil on two successive April days.
Shareholders at IBM, Marathon Oil, FedEx Corp. and NYSE Euronext filed proxy statements this year or in 2009 questioning Jackson's ability to juggle jobs.
"Nobody should be sitting on that many boards," said Emil Rossi, the trustee for shares who filed a proxy statement with his son to protest Jackson's board nomination at Armonk, New York-based IBM, the world's largest computer-services provider. Of 14 candidates, Jackson placed 11th in the voting and retained her seat. While getting the fewest votes for election at Public Service Enterprise Group Inc., a Newark, New Jersey-based utility, she also held her board post there.
There's more in the article, including comments from an RPI spokesman, a faculty member and reps from a few of the corporations.
Based on proxy statement data, Lorin figures Dr. Jackson earned almost $1.4 million in compensation from her work on corporate boards last year. The Chronicle of Higher Ed reported that Dr. Jackson topped the pay chart for private college presidents in the 2007-2008 school year, at almost $1.6 million.
NPR's Tell Me More... recently asked Shirley Ann Jackson about what music is playing in her collection.
On Dr. Jackson's list:
- Beethoven's 9th Symphony
- Aretha Franklin's version of "Respect"
- and... Whitney Houston's "Greatest Love of All"
Earlier, Dr. Jackson talked with host Michel Martin about women in science and science education:
... as far as young women and minorities, we can't afford to ignore half to two-thirds of the talent pool and feel weve tapped all the talent. And talent comes from everywhere. So we have to continue to be attractive to those who would come from abroad - very talented people - and have them stay. But we also have to understand we have talent right here.
And whether we're talking the young man from Iowa, the young Latino girl from the Bronx, the African-American youth from Washington, D.C., or the young woman from Scarsdale, these are talented young people and we have to invite them. We have to excite them. We have to prepare them. And we have to celebrate them when they are successful.
Bonus Shirley Ann Jackson item: she was recently part of an Economist-sponsored Oxford-style debate on innovation with Robert Reich, Tyler Cowen and John Perry Barlow. Jackson and Reich "won the debate in a landslide."
We'll just cut to the chase (er, race): she used aerodynamics to win a race against the mean and jealous boys in the neighborhood.
The cartoon is part of a National Academies of Science site aimed at getting girls interested in math and science. Shirley Jackson is listed as one of the site's "10 cool scientists." As the site's cartoon host informed us: "Shirley can explore anything using just math and physics."
image: The National Academies