Special to the Chronicle
The new University of South Carolina president may be paid more than a $650,000 salary.
That’s what was reported after Gen. Robert Caslen was hired to run the …
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Special to the Chronicle
The new University of South Carolina president may be paid more than a $650,000 salary.
That’s what was reported after Gen. Robert Caslen was hired to run the state’s biggest university.
Caslen is a retired US Army lieutenant general and former West Point military academy president.
What was not disclosed was how much Caslen may be paid from other sources including the university’s non-profit foundation.
Will Caslen receive a percentage of the money he raises for the foundation?
He succeeds retiring President Harris Pastides whose total annual compensation was nearly $1.15 million.
Pastides’ pay rose more than $464,000, nearly 68%, since 2014, according to his Statement of Economic Interests (SEI) filed with the State Ethics Commission.
The Chronicle of Higher Education listed his executive pay at $1,046,899.
University spokesman Jeff Stensland couldn’t say if the university will retain Pas-tides as a paid consultant.
Clemson University President James Clements reported pay at $970,396 but the Chronicle of Higher Education lists $1,016,773.
Most of Clements’ and Pastides’ pay comes from well-funded, nonprofit university foundations.
Clemson’s foundation income jumped by about 25.6% and Carolina’s 103.5% since 2014.
In the last 10 years, instate, undergraduate tuition increased about 35% at Clemson and 38% at Carolina, Commission on Higher Education records show.
Pastides’ foundation income was $823,946 in addition to $325,031 in salary.
Clements’ foundation paid him $627,317, on top of his $312,530 salary and $30,549 in taxable benefits.
Brundrett is the news editor of The Nerve. Contact him at 803-254-4411 or rick@the-nerve.org .
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