Three dozen private-college presidents earned more than $1-million in 2012, with the typical leader making close to $400,000, a Chronicle analysis has found.
The millionaire club increased by one from the year before, and the median pay rose by 2.5 percent.
The highest-paid leader was Shirley Ann Jackson of Rensselaer Polytechnic Institute. Ms. Jackson, who has regularly ranked in the top 25, earned just over $7.1-million, up from nearly $1.1-million in 2011. A large portion of her 2012 earnings came from a payout of almost $5.9-million that had been set aside over 10 years as a retention incentive.