CSU imposes salary caps on new presidents
LONG BEACH, Calif. (KABC) -- California State University system trustees have put a cap on the salaries of its campus presidents.
The board met in Long Beach Thursday and today to limit the salaries of new CSU presidents to 10 percent above the base pay of previous presidents.
The CSU system has been under fire from students and faculty for offering lucrative contracts to its executives when its budget is being slashed and tuition costs are on the rise.
The board is in the process of hiring five new presidents at its campuses, including Northridge, Fullerton and San Bernardino.
The board capped salaries at $325,000 after an outcry over a $400,000 pay package approved for a new president last year when tuition shot up 12 percent.
The new policy will establish a salary ceiling of $325,000 or raise the salary by no more than 10 percent of the pay received by the outgoing president.
The board approved the new policy without comment. Trustees are currently searching for five presidents in the 23-campus system, a turnover administrators said was unprecedented.
The Associated Press contributed to this report.
- Vandals break in, trash church in Palmdale 49 min ago
- Machete-wielding man shot by Inglewood police
- Greuel, Garcetti rally for undecided voters
- Body found near area where hiker went missing
- Deputies shoot, kill armed man during fight
- Couple arrested in LA pot grow operation
- Police impersonator halts bus in Redlands
- Deaf Yorkie held for ransom is back home
- Frazier Park fire: Crews gain upper hand
- Damaged trains being removed from Conn. site 6 min ago
- abcnews: 1st lady jokes about president's failures
- SKorea: NKorea fires 3 short-range missiles
- Kings lose to Sharks 2-1 in OT of Game 3
- OTRC: Kelly Rowland in talks to be 'X Factor' judge
- Latest weather with Bri Winkler
28 min ago