June 1, 2007
College CFO's Outpace Other Leaders in Pay Raises
Business leaders got 13.8% median increase at private institutions
Chief financial officers at the nation's private colleges have bigger workloads than ever before, and in return, many are taking home much larger paychecks.
A Chronicle survey of 103 private doctoral institutions shows that between the 2003 and 2005 fiscal years, the median compensation package for the top financial position, which includes such titles as vice president for business and finance and vice president
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