November 1, 2009

NYU's President Receives $1.3-million and Unusually Structured Retirement Pay

NYU's President Receives $800,000 in Unusually Structured Retirement Pay 1

Nathaniel Welch, Redux

The annual retirement benefit of John E. Sexton, NYU's president, would be reduced by the value of any other university retirement contributions he receives.

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close NYU's President Receives $800,000 in Unusually Structured Retirement Pay 1

Nathaniel Welch, Redux

The annual retirement benefit of John E. Sexton, NYU's president, would be reduced by the value of any other university retirement contributions he receives.

By Paul Fain and Emma L. Carew

The total compensation earned by John E. Sexton, New York University's president, ranks ninth among private-college chiefs, according to The Chronicle's latest review of presidential salaries. But that sum does not include an unusually structured retirement plan that is part of his benefits.

Pay data taken from 2007-8 tax forms, the most recent available from private colleges, show Mr. Sexton with compensation of just under $1.3-million, including $32,000 in benefit-plan

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