usc board of trustees salary
all South Carolinians. TITLE IX: The international acclaimed playwright is a gender equity and racial equity trailblazer in her work at USC and beyond. July 21, 2021 at 6:00 pm PDT. | Board member since 2018, 2nd Judicial Circuit | Attorney | B.S., marketing, USC, 1965 | J.D., USC School of USC board member Eddie Floyd doesnt mind going before the legislature. She currently serves as board chair and chair of the Compensation Committee forIntuit Inc., and is chair of the Audit Committee at Pfizer Inc. She also serves on the boards of the Broad Foundation, the Brookings Institution (co-chair),Americas Frontier Fundandthe Markle Foundation(chair). His compensation of $7,654,938 for the year of his departure would have put him at the top of that list. They do, however, receive benefits such as paid travel and sports tickets. Bobs involvement in the community demonstrates what a valuable asset he will be to our board, Folt said. Location:Osborne Administration BuildingUniversity of South CarolinaColumbia, SC 29208, Thomas L. Stepp - Board of Visitors Scholarship. | J.D., USC School of Law, 2004 | Board member since 2023; current term, 2023-2026, 3rd Judicial Circuit | Physician | B.S., biology, Wofford College, 1980 | M.D., University Offensive coordinator Marcus Satterfield and offensive line coach Greg Adkins both remain on their original contracts, with one-year remaining. Beyer is chairman of Chaparal Investments, a personal investment and holding company. The three ex-officio members are the governor, the superintendent of education and the president of the alumni association. About a third of his new salary - $318,781 - comes from the state of South Carolina. The System confers more than 12,300 undergraduate, graduate, Its rare that established and respected institutions reexamine themselves. COLUMBIA, S.C. A small group of powerful lawmakers is refusing to approve reelection bids for five University of South Carolina trustees. In 2016, that number was $6,319, records show. Why is Frank McCourt really pushing it? Here are some other gifts board members received (in total): Source: S.C. Ethics Commission 2018 Statements of Economic Interest, which covered the 2017 calendar year. Gray is entering the second year of a three-year agreement that had a built-in . This tally only includes the personal donations a trustee has given to a candidate, and does not include the amount a trustees business gave to a candidate. USC has long been a prime destination for the states African American students to obtain a bachelors degree. USC Prices Liz Falletta explains the proliferation of podium apartments and considers whether that matters given the ongoing housing shortage. Updates. Hardesty now pulls in $350,000. Im excited to listen and work with stakeholders across the community as we unite to move this great university forward.. Tanner has served as athletic director since 2012 and spent the previous 15 years as the Gamecocks' baseball coach. term, 2023-2026 | Board Chairman, 1992-1996, 8th Judicial Circuit | Chief Executive Officer | B.S.,business administration, USC, Contact Us Phone: 803-777-3106 Email: trustees@sc.edu Location: Osborne Administration Building Suddenly they become . The lack of diversity on boards of trustees in S.C. is not unique to USC. United States Trustees. The Board of Trustees is responsible for the overall management of the university including its academic policy, university development, long-range land use and resource planning, and supervision of financial and budgetary affairs. Secretary Miscellaneous Clerk And Assistant Payscale Distribution The most common payscale is General Schedule, which pays 90.15% of the employees in the U.S. Nikias base pay for the year was listed at $1.467 million, almost identical to what he received for all of 2017. There are approximately 340,000 System alumni worldwide. In 2023, his paymoves to $525,000. In 1991, he cofounded Crescent Capital Corp., a leading alternative investment company that was acquired by TCW in 1995. General Schedule is followed by Administratively Determined Rates, Not Elsewhere Specified, which pays 9.55% of employees. He also has served on the UCLA Anderson Schools Board of Advisors, the Board of Directors of Providence Saint Johns Health Center, the Board of Airport Commissioners for Los Angeles World Airports and the board of the Los Angeles City Employees Retirement System. Positions within the U.S. And we shake hands with every one of them as they come through the door, Nikias said at the time. The University of South Carolinas Board of Trustees was hours away from completing what is arguably its most important task appointing a president. Her election follows a thorough process created by the boards Nominating and Governance Committee. FOOTBALL SUSPENSIONS:Details revealed in incident that led to 3 South Carolina football freshmen facing gun charges, suspensions, MARCH MADNESS:March Madness: Scouting the path to the championship for South Carolina women's basketball, SHANE BEAMER:What Shane Beamer said about South Carolina football after first day of spring practice. Stepps current contract provides that if he is terminated for cause by USC prior to December 31, 2022, or if he terminates the contract prior to December 31, 2022, he will owe USC 50 percent (pro-rated) of the buyout amount USC paid the University of Arkansas (UA) on his behalf. USC trustees approved far-reaching changes to their governing board Tuesday aimed at reforming leadership weaknesses that prevented the private university from effectively handling a series. For the last 5 years, tuition has increased by an average of 4% annually. Our operational costs are increasing faster than our revenues, Zukoski said at the time. L.A. has a new answer, Epic snowpack upends rhythms of life for many species in Sierra Nevada range, Most California colleges dont offer rape kits on campus. Under Tanner, every athletics program at the university has received a new or upgraded practice or competition facility, and the school recently introduced a billion-dollar project to modernize Williams-Brice Stadium. Nora Johnsons colleagues on the USC Board of Trustees praised her thoughtful approach to complex issues, deep understanding of institutional governance, collaboration, high ethical standards, and unwavering commitment to USCs role and mission. A PDF version of this report is available for download. Tanner will make $1,175,000 annually under the extension. This is a monumental health crisis.. Nikias already was among the most highly paid presidents at roughly $2.4 million in pay and benefits in 2017, according to the last survey of private university leaders by the Chronicle of Higher Education. Flag bearers march into Alumni Park during USC's New Student Convocation. of Education Ellen Weaver. Its not given to get me elected, and I havent had any opposition since I got elected.. To Members of the University of South Carolina System Community: We who compose the University of South Carolina (USC) Board of Trustees take seriously Thad H. Westbrook, Chair 11th Judicial Circuit | Attorney | B.A., political science, USC Honors College, 1996 | J.D., USC School of Law, 1999 | Board member since . Robert D. Beyer has joined USC's Board of Trustees. There, state lawmakers grill them on everything from tuition to diversity to hot-button political topics of the day, according to transcripts of the hearings reviewed by The State. *, University of Southern CaliforniaBoard of TrusteesUniversity BylawsUniversity Policies and Core Documents, 3551 Trousdale Parkway, ADM 352 The LACounty district attorney filed six more counts of sexual assault and batterylast week against the 73-year-old, making a total of 35 charges against him. Alex Harrell, Trustee Emeritus J. Egerton Burroughs, Trustee Emeritus William C. Hubbard, Regular meeting times are published and shared in advance, and called meetings are posted as they are scheduled. Allowing the student body president a vote would require a change in state law, USC spokesman Jeff Stensland said. If its not a goal, trust me, its not going to happen, Scott said. The university fired him in 2017 after a Los Angeles Times story documented his illicit behavior, including drug-fueled parties in hotel rooms. Inquiries and comments to the chair of the USC Board of Trustees may be directed to: botchair@usc.edu. Chris Clark of GamecockCentral first reported the news Sunday night. We are very excited to welcome him into this new role.. His supplemental income of $150,000 and media/outside compensation of $462,813 remains the same. He previously served as chief executive officer and a member of the board of directors of the TCW Group, a global investment management firm with assets in excess of $150 billion, and as a member of the Executive Committee of Socit Gnrale Asset Management, which acquired TCW in 2001. Though many hearings do involve substantive questioning about tuition, diversity and other USC-related material, these examples show how USCs board of trustees get sucked into the politics of the day. private university leaders by the Chronicle of Higher Education. It is vital if institutions want to continue to be responsibly impactful.. and professional degrees annually, employing 17,238 people, including 3,520 faculty. While the universitys president especially a popular and public one like Harris Pastides can be the schools most dominant personality and visionary, the board of trustees controls the universitys most crucial functions. A.B., history, USC, 1969 | J.D., USC School of Law, 1973 | The Governor is the ex 1990 | Current term, 2020-2024, 7th Judicial Circuit | Dentist | B.S., biology, USC, 1990 | D.M.D., Medical University The values of South Carolina may not be the same values of Massachusetts or California, Rep. William Whitemire, R-Oconee, said to trustee candidate J. Preston Strom in 2014. 2001 | Ph.D., University of Virginia, 2004 | Secretary of the University and of the USC Prices Liz Falletta explains the proliferation of podium apartments and considers whether that matters given the ongoing housing shortage. Leftists are liberals all the way until their salaries are discussed. A statement from the USC board of trustees said the group voted to honor Nikias contract and agreed to certain other provisions to accelerate his departure.. December 8, 2021. These include improving access, affordability and belonging while continuing to drive important advances in research, sustainability, computing and athletics. of the University under President Amiridiss leadership. Subscribe to The Post and Courier for digital all-access to the stories you want. $181,000. During her more than two decades on the USC Board of Trustees, Nora Johnson has been an advocate for transformational leadership at the institution. Carol Folt, who took over as president last summer, bucked the four-decade trend of USC leaders residing at a sprawling compound in San Marino that was bequeathed to the university by Seeley Mudd, a former medical school dean. His called for a salary increase of $125,000 in Year 2. | MBA, USC, 1994 | Board member since 2018; current term,2020-2024, Investment Banker | B.S., business administration, USC Upstate, 1983 | Board member At least nine trustees received free football tickets and free gameday parking, records show. There are a number of white males on the board that I supportedand will vote for again in the future, Powers Norrell said. Updated: 9:06 AM EDT March 30, 2022. After renting it for about $35,000 a month, USC opted to buy it, and after the trustees signed off, the sale closed March 2. Clemson Universitys board of 13 has three women and one African American. 30th President, the largest and most diverse class of freshmen ever to enter USC Columbia, a new, bold spirit mark for the University, $10 million over four years to establish new research institutes at USC Columbia, an interdisciplinary certificate program in Digital Studies, growing the Universitys partnership with Lexington Medical Center, naming the student residence building at 700 Lincoln Street, approving a historic contract for Head Coach of Womens Basketball Dawn Staley, extending to 2027 the employment contract of Head Football Coach Shane Beamer, the ceremonial investiture of President Amiridis. "As a board, we recognize that the university has grown dramatically over the past few decades," Caruso wrote. More stories about: Alumni, Leadership, Trustees. Beyer expects his experience in issues such as corporate governance, risk management and the evolution of institutional structures will come in handy, but he also views serving on the board as part of his lifelong learning. That total was about $5.4 million more than he received on average during the previous four years, excluding a $1.5 million bonus in the 2015-16 year. Each coach received a one-year extension with an annual salary increase. our fiduciary duties to the USC System. Real-time updates and all local stories you want right in the palm of your hand. COLUMBIA, S.C. The University of South Carolina Board of Trustees approved a two-year contract extension Friday morning for men's basketball coach Frank Martin, following a tumultuous month. Los Angeles, California 90089-5013 (Mail Code 5013) White will now make $1.1 million annually. The second highest cost was football tickets, records show. On Friday afternoon, members of the Board of Trustees governance committee approved contracts for several South Carolina Gamecocks football coaches. 11th Judicial Circuit | Attorney | B.A., political science, USC Honors College, 1996 In the 2016 and 2018 election cycles, USC board of trustees gave $139,773 to S.C. political candidates, according to The State's analysis of S.C. Ethics Commission data. McMaster ($3,700), gubernatorial candidate John Yancey McGill ($3,500), and Senate Pro Tempore Hugh Leatherman ($2,000), records show. What changes are being planned to address the crush of students? But one couldnt tell that simply by looking at the schools board. I am very proud of USCs heritage the many gifts that we have received from those before us and keenly aware that we are together creating USCs legacy: the institution that we will leave for those who come after us, Nora Johnson said. He was president of the University of Southern California during a sex abuse scandal involving a campus gynecologist,for which the U.S. Department of Education condemned the school for its complete failure to protect studentsafter decades of complaints. Among the costliest benefits board members received was the six who reported attending a Final Four game, which cost $35,277, according to financial disclosures. Of those, the legislature selects 16 by judicial district; three are ex-officio voting positions and two are appointed by the governor. Our University is experiencing significant growth, thanks to record numbers of applications and enrollees, along with additional investments by State government. It sends a bad message to the student body when you cant even come up with one (female) finalist of the four, said state Rep. Mandy Powers Norrell, D-Lancaster. By Jamie Lovegrove and Andy Shain jlovegrove@postandcourier.com ashain@postandcourier.com Harris, who will start. Spearman, Trustee Emeritus Eugene Gene P. Warr Jr., and Trustee Emeritus Mack I. He received $5.485 million in "other reported compensation" for that year. In addition to her roles on various boards and committees, Nora Johnson is a member of the American Academy of the Arts and Sciences, the Council on Foreign Relations and the Foreign Policy Association. Education coverage at USA TODAY is made possible in part by a grant from the Bill & Melinda Gates Foundation. Nora Johnson succeeds Rick Caruso, who announced in February that he was stepping down as chair to run for mayor of Los Angeles. The house Has passed a bill that would fire the University of South Carolina board of trustees by 2023 and reduce the number of board members from 20 to 13. USC is a private, not-for-profit public benefit corporation organized and existing under the laws of the State of California. In the past decade, attendance figures in the Chapin and Irmo areas have flipped on their heads. Over two decades of service as a USC trustee, she has proven to be a collaborative, strategic, insightful and ethical leader who is passionate about our community. SC lawmakers face another debate over race. Law, 1975 | Board member since 2010; current term, 2023-2026. The purchase of the new manse comes amid tremendous upheaval at USC and other universities across the nation. Henry McMasters campaigns. Bei der Nutzung unserer Websites und Apps verwenden wir, unsere Websites und Apps fr Sie bereitzustellen, Nutzer zu authentifizieren, Sicherheitsmanahmen anzuwenden und Spam und Missbrauch zu verhindern, und, Ihre Nutzung unserer Websites und Apps zu messen, personalisierte Werbung und Inhalte auf der Grundlage von Interessenprofilen anzuzeigen, die Effektivitt von personalisierten Anzeigen und Inhalten zu messen, sowie, unsere Produkte und Dienstleistungen zu entwickeln und zu verbessern. (Photo/Courtesy of Robert D. Beyer) The USC Board of Trustees has elected noted investor and business executive Robert D . Whites current contract provides that he is not obligated to pay a buyout if he accepts employment as a head coach at a NCAA Division I college or university or in the NFL or an NFL coordinator. We look forward to working closely with Suzanne and President Folt to continue moving USC forward.. Range of $116,900 to $180,900. First Quarter 2023. As the deadly threat of the novel coronavirus became apparent, the private university sent students home, shifted classes online, canceled sports seasons and campus events and moved its commencement ceremonies onto a virtual platform. | J.D., USC School of Law, 1996 | Board member since 2009; current term,2020-2024, 10th Judicial Circuit | Attorney | B.S., business administration/finance, USC, 1992 Of top 10 most common recipients of USC trustees donations, eight were Republicans, two were candidates for governor, nine were incumbents and all but one ended up winning their races. He won the 2019 Pulitzer Prize for investigative reporting with colleagues Harriet Ryan and Paul Pringle and was part of the team of reporters that won a Pulitzer Prize for its coverage of the San Bernardino terrorist attack. Our University celebrated superlatives in rankings in 2022, including being recognized Changes include reducing the size of the board to 35 within the next few years. candidate John Yancey McGill (R): $4,500, Sen. Hugh Leatherman (R-Florence): $4,500, Rep. William B. Whenever theyre up for election or reelection, they have to go before the College and University Trustee Screening Commission, an eight-member committee that contains both representatives and senators. Board of Trustees Made up of some of the state's most influential and knowledgeable leaders, the board includes the governor, the state education superintendent, members representing each of the state's 16 judicial circuits and the president of the Alumni Association. Day now receives $425,000. Board of Trustees for the Veterans' Trust Fund of South Carolina 25-21-20 Board of Trustees of the State of South Carolina Governor's School for Science and Mathematics 59-48-20 Other achievements recorded by the Board of Trustees during 2022 include the following: We look forward to a promising 2023, which has already been marked by the Boards The legislature is a pretty homogenous body: white, male lawyersit would be nicer to have a healthier mix, Anderson said. Lembo's up to $465,000. $55,824. After an investigation by the Department of Education released in February, USC had to overhaul its processes for following Title IX, the federal law that prohibits sexual discrimination in education. She has also been a chair and member of various Global Agenda Councils for the World Economic Forum. The spread of coronavirus and its impact on in-person classes has students broadly questioning the value of a higher education. I really enjoy going before the special committee they have us go to I think its very positive, Floyd said. Whether he was building one of the internets earliest social networks or championing equal rights, David Bohnett has made community a priority. USC has purchased an $8.6-million home in Santa Monica for its president, a transaction that closed just before the onset of a global pandemic that has resulted in austerity cuts announced Friday at the private university. Lembo's up to $465,000. This moment is so important for USC. Its something board members are aware of. The original charges: Longtime USC gynecologist George Tyndall charged in sex assaults of 16 women. Barrack, a former advisor to President Trump, was charged on July 20 with illegal foreign lobbying on behalf of the United . The problem is money and time. of South Carolina, 1985 | General Surgery Residency, USC, 1985-1990 | Cardiothoracic Tanner's previous contract. 1989 | Board member, ex officio; current term, 2022-2024, 16th Judicial Circuit | Attorney | B.A., political science, Hampton University, 1992 member since 2011; current term,2020-2024, Attorney | B.A., education, secondary english, USC, 1974 | J.D., USC School of Law, . Monthly . Yesterday, Speaker Jay Lucas. current term, 2023-2026 | Board chairman, 2020-2022, 9th Judicial Circuit | Attorney | B.S., psychology, USC, 1965 | J.D., USC School of 16, 2022) A Message from USC Board of Trustees Chair Rick J. Caruso (Feb. 15, 2022) Statement from USC Board of Trustees Chair Rick J. Caruso on university's inclusion in recent anti-Semitism top . Satterfield and Adkins head into 2022 with just one-year remaining on their deals that will pay salaries of $900,000 and $550,000, respectively. TITLE IX: The international acclaimed playwright is a gender equity and racial equity trailblazer in her work at USC and beyond. of each USC System institution; to provide exceptional living and learning communities currently awards 2,400 more degrees per year than it did just 10 years ago. $168. Since assuming office on July 1, President Amiridis has embraced his Lindsey's bumped to $375,00. Nikias bought a Manhattan Beach home from sports media personality Colin Cowherd for $4.1 million in the fall of 2018, according to the Los Angeles Times. System campuses and alumni in South Carolina contribute $6.2 billion to the States Source: Commission on Higher Education 2018 Statistical Abstract. If you want to get an elevator upgraded at Capstone residence hall, the board approves that.. We made the decision, where the board felt we should sell the original home and size down., Caruso said the university should be held accountable, and it is for that reason that we decided not to spend $20 million to update the Mudd estate, and sell it.. Aside from the faculty senate president, Marco Valtorta, there are no teachers or career educators on the board, though some board members have taught college courses before. The boards membership matters because the boards work can have a wide-ranging impact on the university. Suzanne is a highly accomplished executive who brings a wealth of experience and insight to our board, USC President Carol L. Folt said. Beyer lives in Los Angeles with his wife, Catherine. From the very beginning, our process was meant to identify and select the most qualified candidate to lead the board and partner with President Folt, said Carmen Nava and Bill McMorrow, co-chairs of the boards Nominating and Governance Committee. USC President Carol L. Folt praised Beyers deep community ties and his leadership throughout his successful business career. Also in 2014, former Rep. Phyllis Henderson, R-Greenville, encouraged board of trustees chair John Von Lehe to keep expanding USCs engineering programs because she has BMW and Michelin in her district. Get up to speed with our Essential California newsletter, sent six days a week. Im very involved with politics, said Floyd, who has been a trustee since 1982. Stepp, Lindsey, Hardesty and Day, like Wright, have two-year contracts. Her base salary of $1 million remained the same, but the outside contribution start at $1.9 million and increase by $100,000 each year of her deal, reaching $3.5 million by the final year in. The universitys specific and primary purposes are charitable and educational in nature within the meaning of Section 501(c)(3) of the Internal Revenue Code of 1986, as amended, and Section 214 of the California Revenue and Taxation Code. Defensive backs coach Torrian Gray is also on his original contract, which has two years remaining. Senior executives and deans are also taking 10% pay cuts, and all the savings will be donated to provide financial aid and emergency assistance for students and staff. As they do, heres a deeper look at the board and its members. USC's spending ranked slightly less than Missouri ($4.89 million), Ole Miss ($5.03 million), Arkansas ($5.13 million) and Kentucky ($5.45 million), per the report. statutes, bylaws, and policies. economy on an annual basis. The 16 trustees who represent judicial districts serve four-year terms and must be elected by the state legislature. rightful expectations for educational excellence and sound stewardship of State resources.