Pitt announces raises for top officials
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Citing a year of extraordinary accomplishments despite adversity, a trustee panel at the University of Pittsburgh today approved raising chancellor Mark Nordenberg's salary by 3.3 percent to $580,000.
The board of trustees' compensation committee also approved salary increases ranging from 15 percent to 3.3 percent for fiscal year 2012-2013 for six other officers of the university.
In a meeting conducted by conference call, committee and board chair Stephen Tritch said the university had managed to move forward despite difficulties that included a rash a bomb threats that traumatized the campus in the spring and a second consecutive year of major proposed funding cuts from the state.
Mr. Nordenberg's salary last year was frozen at his request, said Mr. Tritch, but the committee convinced him to take a raise this year, though Mr. Nordenberg insisted it be no greater than the smallest percentage awarded to other officers.
Mr. Tritch called Mr. Nordenberg "one of the most senior and successful university leaders in the country." The chancellor is in his 18th year at Pitt.
In dollars, Mr. Nordenberg's raise amounts to $18,500. Other raises approved by the committee today include:
• Amy Marsh, chief investment officer, a 15 percent or $53,000 increase, bringing her salary to $405,000;
• Patricia Beeson, provost and senior vice chancellor, a 10 percent or $34,000 increase, bringing her salary to $374,000;
• Jerome Cochran, executive vice chancellor and general counsel, a 3.8 percent or $18,000 increase, bringing his salary to $493,000;
• Arthur Ramicone, chief financial officer, a 3.8 percent or $13,000 increase, bringing his salary to $357,000;
• Jean Ferketish, secretary to the board of trustees and assistant chancellor, a 3.8 percent or $8,000 increase, bringing her salary to $216,000;
• Arthur Levine, senior vice chancellor for health sciences and dean of the School of Medicine, a 3.3 percent or $25,500 increase, bringing his salary to $787,500.
On average, officials said, faculty salaries increased 3.7 percent.
The accomplishments discussed at the meeting ranged from growth in research funding to surpassing the school's $2 billion fundraising goal to another year of record student applications on the Oakland campus to the fact that the university retained the highest share of freshmen in his history despite the spring bomb threats that disrupted the campus.
First Published December 4, 2012 8:57 am