Seconds often make the difference between life and death and new technology makes the difference…
Brandeis University disclosed that it paid former university president Jehuda Reinharz $811,000 for accumulated sabbatical leave that he never took during his 17-year presidency.
The payment was part of a $4.9 million lump sum payment Reinharz received Jan. 2 as deferred compensation, according to a statement issued by Brandeis.
The amounts paid were set aside in previous years’ budgets and will not impact the university’s current finances, Brandeis said.
The voluntary announcement came as part of changes to the school’s executive compensation policies, unanimously approved on Jan. 22 by its board of trustees. Among the changes are a commitment to full transparency about compensation and inclusion of a faculty representative on the compensation committee.
The changes follow a harsh and vocal backlash against the school by alumni, faculty and students after disclosures about Reinharz’s pay since leaving the presidency in 2010.
Reinharz reportedly receives more than $600,000 a year in retirement pay. According to the Boston Globe, Reinharz has earned at least $1.2 million for part-time advisory work since stepping down as president at the end of 2010.
“Our new policies set very high standards,” said Perry Traquina, the university’s board chair.
Addressing the controversial payments for the first time, Brandeis University president Frederick Lawrence said, “I welcome the thoughtful approach taken by our board. Our intention is that these changes will put Brandeis on the leading edge in terms of governance best practices.”
Faculty Senate president Eric Chasolow told the Boston Globe that while the accumulated payment is a “very bitter pill for the faculty to swallow,” he hopes the changes will help avoid a similar situation in the future.
The Trustees also announced that Reinharz, who it credits with an unprecedented campus expansion and more than quadrupling the school’s endowment, will maintain his half-time appointment on the faculty through 2024, at an annual salary of $180,000.
Reinharz is also director of the Tauber Institute and also chairs the advisory board for Brandeis’ Crown Center for Middle East Studies.
About the Author:
If you don't see your comment after publishing it, refresh the page.
Comments are closed.
Shira Klein was seriously injured in the April 15th Jerusalem terror attack that killed Shalom Yochai Sherki.
Arab media said several bases with long-range missiles were attacked on Saturday and last Wednesday.
Israel is the 11th happiest nation among 156 countries in the annual World Happiness Report for a second year. USA ranks 15.
Biden gleefully announced two of his three Catholic children married Jews – not thrilling his Jewish audience.
In Jerusalem, the bells from 18 churches in the Old City of Jerusalem rang 100 times on Thursday evening, April 23, to remember the Armenian Genocide.
The IDF has come up with an 81-second video showing 67 years of Israeli land, sea and ground soldiers in action.
Tennessee becomes the first state to formally condemn the BDS movement.
Snow fell in Tzfat (Safed) Friday morning, not enough to stick to the ground but enough to make residents wonder if they were dreaming or perhaps it is January. Several inches of snow fell on the Hermon as a rare mid-April storm faded away after blowing away Israelis’ Yom Ha’Atzmaut plans for cook-outs and hiking, […]
All polls show Clinton would win against any Republican, but has she peaked too soon?
Armenians marched with Armenian flags, signs, and torches from the Armenian Quarter of Old City as they mark the 100th anniversary of the Armenian Genocide, on April 23, 2015.
Iranian warships neared Yemen to support Houthi rebels despite the presence of US vessels in the area.
Poet Erez Biton, who was awarded the Israel Prize for Literature on Yom Ha’Atzmaut, used the occasion to warn against sponsors of the Boycott Israel movement. “Strident voices are being heard in the world including those who are challenging the very existence of the State of Israel,” he said. “There are even those among them […]
The man was tied up and bleeding from multiple stab wounds.
IDF tanks shelled a site in Gaza in response to the rocket(s) launched at Israel.
More than 20 cars and buildings in a Jewish community in north London were vandalized with swastikas. The Nazi symbol was drawn on approximately 27 cars in the Osbaldeston Road area of Stoke Newington on Sunday night, The Daily Mail reported. An unnamed 32-year-old man was arrested in connection with the vandalism Tuesday. The neighborhood […]
New York State Assemblyman Dov Hikind called on the Jewish community to attend the funeral of an assassinated New York police officer. “The brave men and women of the NYPD risk their lives every day to protect us. We value them and stand with them,” Hikind, a Democrat who represents Brooklyn, said in a statement […]
“Move Jew” scrawled on a Philadelphia home and slurs written on a synagogue and 10 garages in Chicago.
Cuba has “the largest pool of untapped baseball talent in the world, and Major League Baseball may tap and leave Cuba dry.
Argentina’s president Christina Fernandez has accepted an official Jewish godson for the first time in the country’s history to help counter legend of death to a seventh son. She described in seven tweets her meeting with her new godson, Yair Tawil, a member of a Chabad-Lubavitch family. He was adopted as a godson under a […]
Printed from: http://www.jewishpress.com/news/breaking-news/brandeis-paid-former-president-reinharz-811000-for-unused-sabbatical/2014/01/25/
Scan this QR code to visit this page online: