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Administrators' Salaries Top 200K

Rudenstine Earns More Than Bok Ever Did; Tosteson Takes Home $289,025

By Todd F. Braunstein

Top Harvard administrators continued to received salaries approaching $300,000 for the year ending in June 1993, according to documents filed recently with the Massachusetts Office of Public Charities.

President Neil L. Rudenstine made $227,544 in salary from Harvard during his second year here, putting him in the mid-range of Ivy League presidents.

Rudenstine's salary represents a healthy jump of 9.6 percent from his first year as president, when he made about $207,000. In 1992-93, for the first time, Rudenstine's salary surpassed that of his predecessor, Derek C, Bok. Bok received $213,389 in salary during his last year on the job.

Two veteran Harvard deans continued to do well for themselves. Dean of the Medical School Daniel C. Tosteson '46 earned $289,025, the highest salary among University officials. Tosteson received a full $337,587 in total remuneration including benefits and "other compensation."

Meanwhile, Dean of the Business School John H. McArthur earned $215,000 in salary and $42,469 in benefits and other compensation.

The benefits include employer contributions to pension plans and medical, dental and life insurance; "other compensation" encompasses such items as loan interest subsidies and taxable expense.

Tosteson's salary was up 4.7 percent from the $276,060 he earned the year before, while McArthur's raise was 8.2 percent from $198,708.

Two professors rounded out the list of the five best-compensated officials.

Ford Professor of Business Administration Michael C. Jensen took home $192,333 in salary and more than $50,000 in benefits and other compensation.

Jensen said he thinks his unusually high "other compensation" package stems from a reduced interest rate on a loan from Harvard.

And Lamont University Professor Amartya K. Sen earned $176,500 in salary and more than $70,000 in benefits, for a total compensation approaching $250,000. Sen is presently in India, according to his office.

Other top Harvard salaries reported on the forms included those of outgoing Provost Jerry R. Green ($185,000) Vice President for Administration Nancy S. Zeckhauser ($180,000), Vice President for Finance Robert H. Scott ($177,000) and Vice President for Alumni Affairs and Development Fred L. Glimp '50 ($170,000).

The number of Harvard employees earning over $30,000 increased dramatically. Exactly 6,172 employees took home $30,000-plus, up about seven percent from last year's total of 5,731.

Compensation figures for Harvard's money managers were filed months earlier on a separate tax return for the Harvard Management company.

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