Aoun’s compensation tops $1mil for second-straight year
By Zack Sampson, News Staff
Northeastern President Joseph E. Aoun received more than a million dollars in compensation for the second straight year in 2010, according to a recently released university tax filing.
Aoun earned $1,069,510 in salary and other benefits in 2010, a five percent increase from the previous year, when he topped the million-dollar mark for the first time. The 2010 tax filing is the most recent available for Northeastern.
For comparison, Boston University President Robert Brown received $1,141,330, making him the only president of a major private university around the city with a larger compensation package than Aoun.
Susan Hockfield, then-president of the Massachusetts Institute of Technology, made $1,006,969 in 2010. Harvard University President Drew Gilpin Faust earned $875,331 and Lawrence S. Bacow, then of Tufts University, earned $793,665.
David Sargent, the president of Suffolk University who resigned in October 2010 after he was criticized for his high compensation, earned at least $526,639 that year. Sargent, who made $1,481,787 in 2009, received $96,657 in severance pay and $159,000 in contributions to his retirement in 2010, but it is unclear if these figures were included in his package total.
In a statement released via executive vice president Nick Naraghi, Northeastern Student Government Association President Pete Petrin wrote that Aoun’s compensation is determined by the Board of Trustees and students should have more of a say.
“SGA and the students do not currently have a say in the compensation of the university president,” he wrote. “It is our understanding that the Board of Trustees currently determines that compensation package. That said, it is our belief that the students deserve more of a voice in the conversations regarding this and all issues that impact the present and future of our university.”
A spokesperson from Northeastern could not be reached for comment Wednesday night.
Marc H. Meyer, the Robert J. Shillman Professor of Entrepreneurship, was the university’s second-highest earner, bringing in a total of $737,043 according to the latest available tax filing.
Stephen W. Director, the Northeastern provost, earned $652,510. Also among the university’s top earners were Philomena Mantella, senior vice president for enrollment management and student affairs, who made $459,068; then-Senior Vice President for Administration and Finance Jack McCarthy received $569,970; Alexandros Makriyannis, the George D. Behrakis chair in pharmaceutical biotechnology and director of the Center for Drug Discovery, made $500,306. Diane MacGillivray, senior vice president for university advancement, brought in $477,254.
The highest paid contractors that Northeastern works with were also listed in the filing, including dining service provider Chartwells, to which the school paid $20,130,608 for food services.
The university earned $1,077,933,073 in total revenue in 2010, up from $940,052,241 the previous year. That tally includes contributions, grants and investment income, among other sources. Northeastern made $890,511,072 in revenue from tuition and fees, including room and board.