Penn State president receives raise after first year on the job
- Trustees at Penn State University approved a 16% raise to $600,000 for President Rodney Erickson that was effective Nov. 1, the university announced Wednesday.
- The raise gives Erickson a median salary based on a survey, conducted by Penn State and the University of Pittsburgh, of 17 comparable research institutions and is in line with his employment agreement, says the school.
- Erickson was promoted from provost to president last year following the departure of his predecessor, Graham Spanier, in the wake of the Jerry Sandusky child sex abuse scandal.
From the article:
STATE COLLEGE, Pa. - Penn State trustees have approved a 16 percent raise for President Rodney Erickson to $600,000 after a review of his performance in the year since he took office. ...