Two Brown University Execs Paid More Than $3M, Paxson’s Comp Jumps 73%

Two Brown University Execs Paid More Than $3M, Paxson’s Comp Jumps 73%

While Brown University is slashing staffing, selling assets, and borrowing hundreds of millions, top executives are seeing their compensation packages grow.

Two Brown executives are now paid more than $3 million a year in compensation at the not-for-profit Ivy League school.

Brown’s Jane Dietz, the Vice President and Chief Investment Officer, received a total compensation package of $3,230,378 — a 12% increase from the previous reported year.

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Paxson’s Compensation Jumps 73%

The other $3 million executive at Brown, President Christine Paxson, has seen her pay package rocket upwards — a one-year increase of 73%.

Paxson jumped from $1,831,198 to $3,177,590, according to the recently released 990 IRS filings just released by the IRS.

It was announced in May that Paxson had her contract extended, but the salary increase was not made public.

It should be noted that these raises were awarded as the University was coming under fire for antisemitism.

The cutting and borrowing have taken place in the past few months.

 

Millionaire Club

Others taking down more than $1 million a year at Brown, according to the IRS filing, including: