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April 16, 2014 / 16 Nisan, 5774
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Posts Tagged ‘Jehuda Reinharz’

Brandeis Paid Former President Reinharz $811,000 for Unused Sabbatical

Saturday, January 25th, 2014

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.

Brandeis Alumni, Students Protest Pay to Reinharz

Tuesday, December 31st, 2013

More than 1,600 alumni and students of Brandeis University and others with ties to the institution have signed an online petition protesting pay to former university president Jehuda Reinharz.

Reinharz reportedly receives more than $600,000 a year in retirement pay and at least $800,000 a year from the Mandel Foundation, which he serves as president. The Boston Globe reported last month that Reinharz has earned at least $1.2 million for part-time advisory work since stepping down as president at the end of 2010.

The petition calls on the university’s board of trustees to institute a policy of transparency regarding past, current, and future executive compensation, and to overhaul its compensation policies.

“We owe a great deal to the university, which taught us the tenets of social justice that continue to influence our lives and careers. We expect to see these values reflected in the decisions the university makes,” the petition says. “The gulf of inequality at Brandeis University is growing.”

The petition also accused the university of undermining “its own values when it prioritizes donor relationships and institutional prestige over student access to scholarship and good stewardship of our communal resources.” It warns: “This path is financially unsustainable and irresponsible.”

Brandeis spokeswoman Ellen de Graffenreid told the Globe that the board is considering making changes to its compensation policies and could vote on a proposal at its next meeting in late January.

The university also acknowledged last week that it paid Reinharz’s wife, Shulamit Reinharz, an extra $30,000 a year for hosting university events and fundraising, in addition to her salary as director of the Women’s Studies Research Center and as a professor of sociology.

Printed from: http://www.jewishpress.com/news/breaking-news/brandeis-alumni-students-protest-pay-to-reinharz/2013/12/31/

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