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March 27, 2008

In California, Yudof Gets the Nod -- and an $828,000 Compensation Package

As expected, the University of California’s Board of Regents today voted unanimously to appoint Mark G. Yudof as the system’s next president. Mr. Yudof’s total annual compensation will be $828,000 in his first year on the job, including a $591,084 base salary, supplemental pension payments, and a car allowance, according to a university news release.

In a brief statement to regents, Mr. Yudof said he took the job because the university system is the “premier public university in the world.” But it also faces many challenges, he said, noting that budget, morale, and other problems are inevitable at such a large system.

“There are always crises,” said Mr. Yudof, currently chancellor of the University of Texas system, but “it will all work out.” —Paul Fain

Posted on Thursday March 27, 2008 | Permalink |

Comments

  1. who cares?

    — g.    Mar 27, 11:19 PM    #

  2. Seems like a good job — if you can get it….. But seriously, I hope he gets a house. $828k won’t get you far in the housing market on the Left Coast.

    — GT    Mar 28, 07:43 AM    #

  3. Best of luck, Professor Yudof. As one of many who owe a debt to the University of California, I hope you can begin to overcome more than two decades of poor UC leadership.

    — John King    Mar 28, 09:46 AM    #

  4. He won’t have to worry about housing. That’s part of the package. Sweet deal.

    — tman    Mar 28, 03:26 PM    #