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August 27, 2011

College Board Leader Paid More Than Harvard's

Janet Lorin:

The president of the College Board, the nonprofit owner of the SAT entrance exam, has seen his compensation triple since 1999 and now gets more than the head of the American Red Cross, which has more than five times the revenue.

The value of Gaston Caperton's compensation was $1.3 million including deferred compensation in 2009, according to tax filings, also surpassing that of the president of Harvard University. Richard Ferguson, the now-retired chief executive officer of rival testing company ACT Inc., got compensation valued at $1.1 million. Nineteen executives at the New York- based College Board got more than $300,000.

Posted by Jim Zellmer at August 27, 2011 3:41 AM
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