John Sexton, New York University President
Total compensation: $1,366,878
Thirty college and university presidents earned more than $1 million during the 2008 fiscal year, according to the Chronicle of Higher Education’s recently released report on Executives’ Compensation at Private Institutions.
This marks a significant increase from previous years — the Chronicle’s last report listed 23 presidential salaries above the million dollar mark. In 2004, none had hit this benchmark.