How much does a Chief Investment Officer at an Ivy League school make?
Endowment chiefs at Ivy League and other elite schools are often the highest compensated employees at their institutions, surpassing even the presidents. Harvard paid Narvekar $9.25 million in 2017, which included $2.75 million of pay he forfeited when leaving Columbia. Yale University’s David Swensen made $4.7 million. The generous packages have sometimes garnered criticism from student groups and alumni.
Holland’s performance bonus dropped to $2.8 million in 2017 from about $3.2 million the year prior, while his base salary rose slightly, according to the filing.
By the way, you can now visit the new buildings at Columbia’s Manhattanville campus.
Designed by Renzo Piano Building Workshop, the glass, metal panel, and concrete buildings form most of the first phase of Columbia University’s Manhattanville campus. Ultimately, 6.8 million square feet costing $6.5 billion will rise on 17 acres in a narrow valley just a few blocks north of the main campus, which presides from Morningside Heights.With about a third of the new campus completed or in construction, Columbia President Lee Bollinger’s 16-year-old vision is coming into focus.
Manhattanville’s mandate is to better connect the university to the world, a place where disciplinary barriers fall and collaborations blossom. It’s a sensible aspiration for an academic institution, but it has left neighbors in the surrounding diverse and mixed-income neighborhoods asking, “What about us?”
Post by Marcelino Pantoja