usc board of trustees salary

usc board of trustees salary

Despite the price tag, Rick Caruso, the billionaire chairman of USCs board of trustees, argued that the move was prudent, citing the costly overhead at the Mudd estate, along with a host of plumbing, electrical and seismic upgrades. In 2016, that number was $6,319, records show. The USC Marshall alumna talks about the challenges still facing women leaders today, advises young women on what to look for when entering the workforce and shares her own USC memories. The tax filing revealed a $3 million, no-interest housing loan for Nikias, who lived in the on-campus presidents home through the end of 2018. Board of Trustees Made up of some of the state's most influential and knowledgeable leaders, the board includes the governor, the state education superintendent, members representing each of the state's 16 judicial circuits and the president of the Alumni Association. USC Trustee Thomas J. Barrack Jr. resigned from his position on the USC Board of Trustees on July 21, effective immediately, per a statement from the Board. The problem is money and time. There are a number of white males on the board that I supportedand will vote for again in the future, Powers Norrell said. Salary Information. B.A., English, Washington and Lee University, 1994 | M.Ed., University of Virginia, June 7, 2019. The System confers more than 12,300 undergraduate, graduate, Among the areas hes looking forward to: the continued growth of USCs health system and the important role it will play in the future. The Trojan Family has no boundaries on its power to do good not by geography, not by generation, not by school or discipline, and not by any other difference, she said. It is vital if institutions want to continue to be responsibly impactful.. To Members of the University of South Carolina System Community: We who compose the University of South Carolina (USC) Board of Trustees take seriously TO AMEND SECTION 59-117-10, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE UNIVERSITY OF SOUTH CAROLINA BOARD OF TRUSTEES, SO AS TO REDUCE THE SIZE OF THE BOARD AND THE AREAS FROM WHICH ELECTED MEMBERS ARE . This is a conservative state. Location:Osborne Administration BuildingUniversity of South CarolinaColumbia, SC 29208, Thomas L. Stepp - Board of Visitors Scholarship. In Southern California, he has been a member of the Harvard-Westlake School Board of Trustees since 1995. Barrack, a former advisor to President Trump, was charged on July 20 with illegal foreign lobbying on behalf of the United . We need to make some tough calls right now to address the serious financial consequences we face, said a joint letter from Chief Financial Officer Jim Staten and Provost Charles Zukoski. Nikias, whose tenure began in 2010,was president when a scandal erupted involving then-medical school dean Carmen Puliafito. Bob Beyer is a devoted Trojan and talented businessperson, and his global perspectivemakes him a valuable addition to our Board of Trustees, Trustee Chair RickCaruso said. Max Nikias stepped down in the wake of the scandal in August 2018, he walked away with a compensation package totaling nearly $7.7 million more than three times his previous annual compensation, a USA TODAY review of just-released tax documents shows. A USC publication once touted their daunting entertainment schedule, with more than 15,000 guests in four years. of Education Ellen Weaver. Whenever theyre up for election or reelection, they have to go before the College and University Trustee Screening Commission, an eight-member committee that contains both representatives and senators. I applaud the action taken today by President Amiridis and the Board of Trustees to extend Coach Tanners contract. Flag bearers march into Alumni Park during USC's New Student Convocation. The USC Board of Trustees has elected noted investor and businessexecutive Robert D. Beyer as its newest member. The issue of the boards social and racial makeup took center stage during the presidential search, as the all-male pool of finalists resembled the mostly-male board of trustees. USC's spending ranked slightly less than Missouri ($4.89 million), Ole Miss ($5.03 million), Arkansas ($5.13 million) and Kentucky ($5.45 million), per the report. Carol Folt, USCs 12th president, appears at a news conference on campus last year. This is unusual because of the Final Four trip, said Warr, who has been a board member since 2003 and served as the boards chair from 2012-2016. Our University celebrated superlatives in rankings in 2022, including being recognized Of that, $7,000 was donated to Gov. And we shake hands with every one of them as they come through the door, Nikias said at the time. (August 22, 2019) McMaster named Adams to the board in December. Surgery Fellowship, Medical College of Georgia, 1990-1992 | Board member since 2010; USC educates a higher number of African American students than any four-year college in the state, according to S.C. Commission on Higher Education data. Meetings are on the Columbia campus unless otherwise noted. Not school teachers.. Lembo's up to $465,000. 2005-2023 CBS INTERACTIVE ALL RIGHTS RESERVED. Whether he was building one of the internets earliest social networks or championing equal rights, David Bohnett has made community a priority. Leftists are liberals all the way until their salaries are discussed. Im very involved with politics, said Floyd, who has been a trustee since 1982. Zukoski, who was hired last year, had previewed some financial challenges in a November 2019 speech delivered at his formal installation, long before a disruptive pandemic had taken hold. Feb. 24 (Friday): Alumni Center. Though many hearings do involve substantive questioning about tuition, diversity and other USC-related material, these examples show how USCs board of trustees get sucked into the politics of the day. The 16 trustees who represent judicial districts serve four-year terms and must be elected by the state legislature. "That success includes a fast-growing budget, staff and student body in addition to operating one of the region's largest medical enterprises. In 1991, he cofounded Crescent Capital Corp., a leading alternative investment company that was acquired by TCW in 1995. She currently serves as board chair and chair of the Compensation Committee forIntuit Inc., and is chair of the Audit Committee at Pfizer Inc. She also serves on the boards of the Broad Foundation, the Brookings Institution (co-chair),Americas Frontier Fundandthe Markle Foundation(chair). Los Angeles, California 90089-5013 (Mail Code 5013) Senior executives and deans are also taking 10% pay cuts, and all the savings will be donated to provide financial aid and emergency assistance for students and staff. Suzanne is an exemplary leader who knows USC backwards and forwards, with a tremendous history on the USC Board of Trustees and across the USC community. A graduate of Boston College and the University of Southern California, he joined The Times in 2013. coaching staff; presiding over the ceremonial investiture of President Amiridis; convening for a two-day meeting that focused on the Presidents vision and strategy Its something board members are aware of. After renting it for about $35,000 a month, USC opted to buy it, and after the trustees signed off, the sale closed March 2. As the father of four adult children who recently completed college, Beyer has seen firsthand how the current generation of graduates has enhanced expectations of themselves and their education: They want to make positive change in society and to learn to make career choices that will help them accomplishthat. The move comes after defensive line coach Jimmy. Tanner's previous contract. The second highest cost was football tickets, records show. The board sets tuition rates, controls capital improvement projects, approves high-level faculty hires, sets coaches salaries, approves the schools budget and has final say over faculty tenure. White and Lembo havethree-year deals, which they were on originally. This moment is so important for USC, he said. Trustee Program. He understands how important it is for institutions to evolve and will be a critical voice as the board moves forward on a variety of initiatives.. Stepps proposed contract amendment provides that he will not be obligated to pay USC a buyout if he terminates the contract and accepts employment as a head coach at a college or university or in the NFL, an offensive college or university or an NFL coordinator. Among these duties are to further the mission The proposed contract amendment also contains this provision. We are mindful of the privilege and the responsibility Hell make $350,000 in Year 1 before receiving a bump to $400,000 in Year 2. Tuition rates shown, currently $2,244 per unit, are for the 2023-2024 academic year, are set by the USC Board of Trustees and typically increase each year in the fall term. United States Trustees. | MBA, USC, 1994 | Board member since 2018; current term,2020-2024, Investment Banker | B.S., business administration, USC Upstate, 1983 | Board member The state government is largely hands-off on whom trustees are allowed to name as a presidential candidate, save for one thats enshrined in law: The board of trustees shall take care that the president of the university shall not be an atheist or infidel, state law says. GS - GENERAL SCHEDULE The spread of coronavirus and its impact on in-person classes has students broadly questioning the value of a higher education. Participating in its breadth and depth has been incredibly rewarding, he said of his USC Dornsife service. That year, when lawmakers were interviewing trustee candidates, the book was front and center of the discussion, though neither the lawmakers nor the trustees claimed to have read it. Lindsey's bumped to $375,00. Real-time updates and all local stories you want right in the palm of your hand. In 2017, Warr reported receiving $3,562 in athletic tickets, parking, per diem pay and gifts, records show. I am very proud of USCs heritage the many gifts that we have received from those before us and keenly aware that we are together creating USCs legacy: the institution that we will leave for those who come after us, Nora Johnson said. No one cares more about our university and the success of our student-athletes than Coach Tanner," women's basketball coach Dawn Staley said in a school release. 16, 2022) A Message from USC Board of Trustees Chair Rick J. Caruso (Feb. 15, 2022) Statement from USC Board of Trustees Chair Rick J. Caruso on university's inclusion in recent anti-Semitism top . member since 2020; current term, 2023-2026, 12th Judicial Circuit | Surgeon | B.A., business administration, USC, 1956 | M.D., . candidate John Yancey McGill (R): $4,500, Sen. Hugh Leatherman (R-Florence): $4,500, Rep. William B. officio Chair of the Board and serves for the duration of his tenure as Governor. 30, 2022) A message from the incoming Chair of the USC Board of Trustees (Jun. 2001 | Ph.D., University of Virginia, 2004 | Secretary of the University and of the Operating with a high degree of integrity and accountability has been a top priority for the Board of Trustees in recent years, and Nora Johnson pledged to work closely with the USC community to continue these efforts even as the Board supports Folts strategic priorities. Henry D. McMasterGovernor of South CarolinaPresiding Officer, Thad H. Westbrook11th Judicial CircuitChair, Rose Buyck Newton14th Judicial CircuitVice Chair, C. Dorn Smith III, M.D.3rd Judicial CircuitChair Emeritus, C. Edward Floyd, M.D.12th Judicial Circuit, Henry L. Jolly Jr., D.M.D.7th Judicial Circuit, Richard A. Jones Jr.Gubernatorial Designee. Each coach received a one-year extension with an annual salary increase. Of those, the legislature selects 16 by judicial district; three are ex-officio voting positions and two are appointed by the governor. Law, 1968 | Board member since 1996; current term, 2020-2024 | Board Chairman, 2008-2012, 6th Judicial Circuit | Pharmacist/Business Owner | B.S., pharmacy, USC, 1978 | Board South Carolina is preparing hand Beamer a new deal that will bump his salary from $2.75 million to "the $6.5 million range annually in average salary, per ESPN's Chris Low. of South Carolina, 1996 | Board member since 2023; current term, 2023-2026, Attorney | B.S., business administration, USC, 1968 | J.D., USC School of Law, 1972 Its more expansive than what we planned for ourselves when we graduated, said Beyer, a 1981 USC graduate. He received $5.485 million in "other reported compensation" for that year. Defensive backs coach Torrian Gray is also on his original contract, which has two years remaining. During Tanners tenure, the Gamecocks have won three national championships and 17 SEC regular season and tournament championships. | Board member since 2018, 2nd Judicial Circuit | Attorney | B.S., marketing, USC, 1965 | J.D., USC School of all South Carolinians. I really enjoy going before the special committee they have us go to I think its very positive, Floyd said. Though Powers said she wants more diversity on USCs board of trustees, the biggest factor in deciding on a candidate is that persons judgment as a board member. Thad H. Westbrook, Chair 11th Judicial Circuit | Attorney | B.A., political science, USC Honors College, 1996 | J.D., USC School of Law, 1999 | Board member since . Why is Frank McCourt really pushing it? We know that. Nikias' base pay for the year was listed at $1.467 million, almost identical to what he received for all of 2017. 11th Judicial Circuit | Attorney | B.A., political science, USC Honors College, 1996 The university spent seven months and more than $137,000 to name four presidential finalists before reversing course and re-opening the search. Operating with a high degree of integrity and accountability has been a top priority for the Board of Trustees in recent years, and Nora Johnson pledged to work closely with the USC community to continue these efforts even as the Board supports Folt's strategic priorities. The original charges: Longtime USC gynecologist George Tyndall charged in sex assaults of 16 women. Last week, the Clemson University Board of Trustees gave president Jim Clements a five-year contract extension and an $86,200 raise through the university's private fundraising arm, bringing his total annual salary to nearly $1 million, according to media reports. | J.D., USC School of Law, 2004 | Board member since 2023; current term, 2023-2026, 3rd Judicial Circuit | Physician | B.S., biology, Wofford College, 1980 | M.D., University Beyer is chairman of Chaparal Investments, a personal investment and holding company. The tax documents dont detail the source for the rest of the other compensation, which was about $5 million more than Nikias received in the previous four years combined. current term, 2023-2026 | Board chairman, 2020-2022, 9th Judicial Circuit | Attorney | B.S., psychology, USC, 1965 | J.D., USC School of There, state lawmakers grill them on everything from tuition to diversity to hot-button political topics of the day, according to transcripts of the hearings reviewed by The State. She was a member of the Presidential Search Advisory Committee that led to the hiring of Folt, and she chaired search advisory committees that helped bring Chief Investment Officer Amy Diamond and athletic director Mike Bohn to USC. The 2022 calendar year was momentous for the Board and the USC System. COMMENCEMENT 2022: The well-known names include leaders from the worlds of philanthropy, entertainment, sports and journalism. As part of that legacy, Nora Johnson expressed enthusiasm for the moonshots Folt outlined for the institution during her recent State of the University addresses. In 2023, his paymoves to $525,000. Phone: (213) 740-7922 She was a Henry Crown Fellow at the Aspen Institute. Several of USC's coaches have since pleaded guilty to their involvementin the scandal, which ran from 2011 to 2018. As they do, heres a deeper look at the board and its members. The universitys specific and primary purposes are charitable and educational in nature within the meaning of Section 501(c)(3) of the Internal Revenue Code of 1986, as amended, and Section 214 of the California Revenue and Taxation Code. Listen to this article. Suzanne and I have been friends since we were classmates at USC and she is certain to have a deep impact guiding and leading USC into the future.. Whether he was building one of the internets earliest social networks or championing equal rights, David Bohnett has made community a priority. White will now make $1.1 million annually. April 4, 2020 Updated 10 AM PT USC has purchased an $8.6-million home in Santa Monica for its president, a transaction that closed just before the onset of a global pandemic that has resulted in. Klicken Sie auf Alle ablehnen, wenn Sie nicht mchten, dass wir und unsere Partner Cookies und personenbezogene Daten fr diese zustzlichen Zwecke verwenden. Board of Trustees for the Veterans' Trust Fund of South Carolina 25-21-20 Board of Trustees of the State of South Carolina Governor's School for Science and Mathematics 59-48-20 Law, 1975 | Board member since 2010; current term, 2023-2026. USCs Office of the General Counsel (OGC) is responsible for addressing legal issues arising out of the activities of USC, Keck Medicine of USC, and various subsidiary entities. That would have put him at the topof the most recent list of compensation forprivate university leaders by the Chronicle of Higher Education. Secretary Miscellaneous Clerk And Assistant Payscale Distribution The most common payscale is General Schedule, which pays 90.15% of the employees in the U.S. Sample and his wife also resided there. University of South Carolina board chairman Dorn Smith was one of several trustees questioned by lawmakers as he seeks reappointment to the board of the state's flagship university. economy on an annual basis. Now hes raising money for kids like him, After years of fits and starts, a school voucher bill is headed to SC governors desk, Football tickets and parking worth $29,711, Athletics tickets (sport not specified), $16,162, Per diem pay and mileage reimbursement, $10,792, Gov. There is no requirement in state law that trustees be an alum of USC, nor are they required to have a certain level of education. of each USC System institution; to provide exceptional living and learning communities Over two decades of service as a USC trustee, she has proven to be a collaborative, strategic, insightful and ethical leader who is passionate about our community. I think its really just a recognition that what I do for a living shouldnt narrow my scope too much, he said. Last year, USCs board of trustees reported receiving $143,142 in gifts and compensation, according to the board members 2018 Statements of Economic Interest. Here is a statement from the USC Board of Trustees: "The compensation reflects money owed to him for salary, retirement and other benefits, some of which date back to the employment agreement he entered into when he became President in 2010." . Also, the board approved salary increases for RB coach Des Kitchings and DE coach Mike Peterson from 300-thousand dollars . In the 2016 and 2018 election cycles, USC board of trustees gave $139,773 to S.C. political candidates, according to The States analysis of S.C. Ethics Commission data. Agency Head Salary Commission 8-11-160 to 165 Agriculture Commission 46-5-10 Alzheimer's Disease and Related Disorders Resource Coordination Center . We look forward to working closely with Suzanne and President Folt to continue moving USC forward.. as its Interim President with a celebratory reception in honor of Dr. Pastides and Contact Us Phone: 803-777-3106 Email: trustees@sc.edu Location: Osborne Administration Building You may occasionally receive promotional content from the Los Angeles Times. Matt Hamilton is a reporter for the Los Angeles Times. Weitere Informationen ber die Verwendung Ihrer personenbezogenen Daten finden Sie in unserer Datenschutzerklrung und unserer Cookie-Richtlinie. On Friday afternoon, members of the Board of Trustees governance committee approved contracts for several South Carolina Gamecocks football coaches. of South Carolina, 1985 | General Surgery Residency, USC, 1985-1990 | Cardiothoracic I look forward to working with her to implement our ambitious goals for the future.. His called for a salary increase of $125,000 in Year 2. She has also been a chair and member of various Global Agenda Councils for the World Economic Forum. The USC Board of Trustees Friday morning approved contracts for new offensive coordinator Marcus Satterfield, defensive coordinator Clayton White, secondary coach Torian Gray and strength and conditioning coach Luke Day. does not constitute legal advice. Yesterday, Speaker Jay Lucas. The boards membership matters because the boards work can have a wide-ranging impact on the university.

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usc board of trustees salary

usc board of trustees salary