12 INVESTIGATES: VA private college presidents' pay - NBC12.com - Richmond, VA News

12 INVESTIGATES: VA private college presidents' pay

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RICHMOND, VA (WWBT) -

The list is in of the 500 top paid private college presidents in 2011. The Chronicle of Public Education created this database. The organization does this once a year.

The highest paid private college president in Virginia is Washington and Lee's Kenneth Ruscio. His total compensation was $922,542 in 2011.

Ruscio is followed by University of Richmond President Edward Ayers. He was ranked 68th on the list. His total compensation in 2011 was $836,289. His base pay was $469,021.

Virginia Union's president, Claude Perkins raked in around $381,000 in total compensation. He's followed closely by Randolph Macon College President, Robert Lingren, who pulled in $379,571.

So how does this compare with a public school? The largest in our area is Virginia Commonwealth University. Michael Rao's total annual compensation sits at around $800,000. his base pay this year was $503,155.

Here is a link to the database from the Chronicle of Higher Education: http://chronicle.com/article/Executive-Compensation-at/143541/#id+table

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