Lefton gets $102,402 Bonus, Pay Raise
$90,000 longevity bonus also effective July 1; Kent State trustees approve contractual pay awards following 'exhaustive' performance review
Editor's note: this story was updated at 8:30 p.m. June 6, as it initially incorrectly stated Lefton's longevity bonus was $95,000.
For the second consecutive year, Kent State University President Lester Lefton's bonus will exceed $100,000 for his performance as head of Ohio's second largest public university.
The Kent State University Board of Trustees voted this afternoon to give Lefton a $104,402 bonus.
The bonus, which is stipulated in Lefton's contract, is 25 percent of his $409,608 base salary, which includes a 2 percent retroactive pay increase also approved by the board Wednesday.
Kent State spokesperson Emily Vincent said in an email after the meeting that Lefton's pay raise is the same raise awarded to all university employees.
For all non-union employees, which includes Lefton, the board voted in December 2011 to grant a 1.5 percent pay raise retroactive to September 2011.
"An additional 0.5 percent was approved at today’s meeting," Vincent said.
Last year, Lefton received a $100,394 bonus, which at the time was 25 percent of his $401,576 base pay.
On top of the performance bonus, Lefton's contract stipulates that he will receive a $90,000 longevity bonus provided he is still employed with the university on July 1, 2012. Lefton has a multi-year contract with Kent State.
Effective July 1, Lefton will enter his seventh year as president having just received in excess of $600,000 in annual compensation that includes the one-time longevity bonus.
Jacqueline Woods, chair of the university trustee board, said this year the board chose to undergo a more thorough evaluation of the president, rather than just the regular annual review by the board, that included hiring an outside consulting firm to analyze Lefton's performance.
The board hired Westlake, OH, based Aldridge Group to conduct the review, which consisted of interviewing members of the university administration, students and city leaders — 29 people in all — to weigh his performance. His performance was viewed favorably by all those interviewed, Woods said.
"This was a very exhaustive process," she said. "As a board, we are delighted and proud of the university's performance during the last year and during (his) six year tenure."
Woods said each year several goals are laid out for Lefton, and if he meets those goals as determined by the board then he is guaranteed the pay awards as stipulated in his contract.
As evidence of meeting those goals, just some of the successes Woods pointed to included: the university's record enrollment in fall 2011; the success of the Centennial Campaign fundraising efforts, which just exceeded $260 million; this year's freshmen retention rates tracking 1.8 percent higher than the previous year; and the acquisition of the Ohio College of Podiatric Medicine, which will merge and become the Kent State University College of Podiatric Medicine effective July 1.
"The university is in a very strong position and the board of trustees recognize that," Woods said.
Several other members of the trustee board said Lefton has been critical to the ensuring Kent State's success.
Kent State Trustee Steve Colecchi, who also serves as CEO of Robinson Memorial Hospital, said as a Kent resident he has talks to someone about the university almost everyday in one capacity or another.
"I’ve never heard more positive comments about the university, the town-gown relationship, all the great progress that’s occurring," Colecchi said. "I think that’s reflective of (his) leadership."
Patrick Mullin, who officially retired as a Kent State trustee this afternoon, served on the hiring committee that brought Lefton to Kent six years ago.
"I could not be prouder of the choice that we made and the job (Lefton) has done," he said.
Chris Mallin
8:51 pm on Wednesday, June 6, 2012
Makes one wonder what the ratio might be, between the compensation of the CEO and the compensation of the entry-level, full-time academic employee, or the entry-level, full-time administrative employee, or the entry-level, full-time maintenance employee.
Ian Simpson
9:12 pm on Wednesday, June 6, 2012
Chris,
Help me out here? Dr. Lefton is a state employee, not a CEO. As you know, there is a HUGE difference between operating a business and managing a public institution! BUT, I'm certain the comparison between the part-time resident hall janitor and the president of KSU (and ALL state universities) is similar to the CEO and entry level employee in the private sector. But there is a HUGE difference in risk without the financial support of the taxpayers of Ohio as well as the rest of the taxpayers of America.
Paxton Crenshaw
9:02 pm on Wednesday, June 6, 2012
how vile that the president of kent state earns more for his job than does the president of our country.
Gary Michaels
1:34 pm on Thursday, June 7, 2012
Lefton had a better year.
Colleen Thorndike
9:09 pm on Wednesday, June 6, 2012
here's Lefton's 2011 compensation package information from The Chronicle of Higher Education facts & figures about college presidents:
2011 Compensation Details
Compensation figures are for this college’s 2011 financial year, July 2010–11.
Category Amount
Base pay $401,576 ?
Bonus pay $170,394 ?
Terminal pay $0 ?
Deferred compensation, paid $0 ?
Deferred compensation, set aside $0 ?
Total compensation $571,970 ?
Provisions: car, $65,000 housing allowance, $32,929 retirement/pension contribution ?
Kent State University
Kent, Ohio
www.kent.edu
Category Value Rank
Enrollment 26,589 students 69/ 157
Graduation Rate 50% 100/ 157
Endowment NA NA/ 134
Fund raising $35.8-million 77/ 141
Average Full Professor Compensation $135,000 88/ 155
Expenditures $492-million 92/ 177
Revenue $523.2-million 93/ 177
Note: Data is for the main campus.
Endowments, fund raising, and professor compensation are for 2010-11. Enrollment is for fall 2010. Revenues and expenditures are for the 2009-10 fiscal year.
HalloweenWife
11:43 am on Saturday, July 7, 2012
The fact he gets a housing allowance on top of all the other stuff is what gets me. He can't afford his own housing on nearly half a million? In NEO? Seriously? That $65k could have gone to hiring a new adjunct professor to lighten the load for large classes thus giving students a better education. And yet they raise the tuition again. *shakes head* How is this legal?
Ian Simpson
9:19 pm on Wednesday, June 6, 2012
Where is my dividend check?
Pat
8:12 am on Thursday, June 7, 2012
Mr. Colecchi needs to talk to real Kent residents and not his high end friends. We have seen what Lefton has done to Kent and it is not favorable in my opinion. No man should received such a high income for over seeing a university. He is much like our president--spending all of our hard earned money and putting us all in debt.
Paxton Crenshaw
9:23 am on Thursday, June 7, 2012
@pat - GWB isn't our president any longer.
john
9:20 am on Friday, June 8, 2012
@ Paxton - the current president has spent more than all the other presidents before him combined.
Troy McClure
11:05 am on Friday, June 8, 2012
"the current president has spent more than all the other presidents before him combined."
BWHAHAHA. Oh, I love people who try to re-write history.
Robert Elliott Ingersoll
1:36 pm on Thursday, June 7, 2012
Unfortunately this is the trend in higher ed - we professors (I work at another state university) get all the media flack while this trend is rarely challenged as ludicrous. His bonus of over $100,000 is far more than my annual salary as a full professor and "distinguished faculty." When legislators advocated higher ed functioning more like a business, I guess this was what they had in mind. Ughhh!
Hefty compensation packages for presidents, new rec centers, state-of-the-art dorms for students and the malignant multiplication of "vice president" positions are some of the real culprits behind the cost of higher education. Other administrative positions in higher education are not so lavishly compensated - especially those that "promote from within" (e.g. department chairs, associate deans etc.).
Lisa Regula Meyer
3:09 pm on Thursday, June 7, 2012
Well-stated and all too true. And the increasing reliance on part-time faculty and teaching assistants is a whole other can of worms, but frees up a decent amount of money that would have gone to full-time faculty to be used for these great bonuses instead.
Lisa Regula Meyer
10:38 am on Friday, June 8, 2012
@john, while your statement that Obama has spent more than all presidents before him combined may be an interesting point, it's not actually true. Depending on the analysis, one can argue that he's seen a decrease in inflation-adjusted spending. http://www.politifact.com/truth-o-meter/statements/2012/may/23/facebook-posts/viral-facebook-post-says-barack-obama-has-lowest-s/