Crow Gets Big Raise

According to an article in today’s Arizona Republic, Arizona’s State University president, Michael Crow, will get that big raise after all (see a previous blog entry).

The Arizona Board of Regents on Thursday gave a 25 percent raise in pay and benefits to Arizona State University President Michael Crow.

The board voted unanimously on the unprecedented five-year contract, which raises Crow’s annual salary and benefits to more than $720,000 a year. He also gets a one-time bonus of $600,000, paid with private funds, if he remains president for five years.

Crow can earn a bonus of up to $150,000, approved in March, if he meets 10 performance goals next year.

Members of the board told reporter Anne Ryman he’s earned it:

Regent Dennis DeConcini said he is impressed with Crow’s effort to make ASU accessible to many students and his progress in increasing student diversity.

“He’s worth every dollar he gets paid because he delivers,” DeConcini said.

Some faculty members, however, are less impressed; they feel his “business values have intruded too much on the university’s core academic mission,” Ryman writes.