![]() |
SEND TO PRINTER |
|
Insight & Intelligence : Sep 16, 2013 25 Top-Paid Research Institute LeadersWho in academia is raking it in this year?Following is a list of 25 current or former senior executives of independent nonprofit research institutes, ranked by total compensation for the most recent two years such information was available as furnished by Form 990s filed annually by each institution with the Internal Revenue Service and made public through Guidestar.org and Foundation Center. In most cases, the most recent years available were fiscal years ending in 2011 and 2010. In isolated cases, no new Form 990s had been made public since last year. Unlike the first edition of this list last year, the percent change in annual pay for each executive was listed. Perhaps reflecting continued pressure on the institutions and other nonprofits to account for executive pay, 10 of the top 25 compensated executives listed either received below-inflation-rate raises, or were paid less than the previous year. However, another 10 executives listed saw double- or triple-digit pay raises, some of which included severance or payments from organizations related to the research institutions. In four cases, double- and triple-digit raises followed a promotion or extra responsibilities added on an interim basis. Also unlike last year, the list was expanded beyond CEOs to include other senior-level executives, such as executive vice presidents, board chairs, and C-suite officers. The expansion explains why the top 11 highest-paid executives in this year’s list received total pay exceeding $1 million, compared with the top four CEOs in the 2012 list. Executives on the list come from 13 research institutions. HHMI alone accounted for eight people, followed by Sanford-Burnham, Stowers, and the J. William Gladstone Institutes (two each), and one each for the other institutions. In some cases the listed chief executives have been succeeded by others; such leadership changes are detailed in footnotes. FY denotes fiscal year; CY denotes calendar year. #25. Leland (Lee) H. Hartwell, Ph.D.1Title: President and Director, 1997–20101 Institution: Fred Hutchinson Cancer Research Center FY ending June 30, 2011: $634,1831,2 FY ending June 30, 2010: $722,0111 % Change: -12.2% #24. J. Craig Venter, Ph.D.Title: Founder, Chairman, and CEO Institution: J. Craig Venter Institute 2011 calendar year: $648,539 2010 calendar year: $645,929 % Change: 0.4% #23. Richard HilleTitle: Former Executive Director3 Institution: The J. David Gladstone Institutes 2011 calendar year: $699,6534 2010 calendar year: $372,153 % Change: 88.0% #22. Charles Hewett, Ph.D.Title: EVP and COO; Interim leader overseeing all administrative, operating, and mouse resources activities and services, 2011–2012 Institution: The Jackson Laboratory Seven months ending December 31, 2011: $719,2735,6 FY ending May 31, 2011: $599,9945 % Change: 19.9% #21. Bruce Stillman, Ph.D.Title: President Institution: Cold Spring Harbor Laboratory 2011 calendar year: $745,552 2010 calendar year: $751,839 % Change: -0.8% #20. Gerald M. Rubin, Ph.D.Title: VP and Executive Director, Janelia Farm Research Campus Institution: Howard Hughes Medical Institute FY ending August 31, 2012: $782,366 FY ending August 31, 2011: $801,717 % Change: -2.4% #19. Jack E. Dixon, Ph.D.Title: VP and CSO, 2007–20137 Institution: Howard Hughes Medical Institute FY ending August 31, 2012: $808,290 FY ending August 31, 2011: $794,421 % Change: 1.7% #18. Eric S. Lander, Ph.D.Title: Founding Director and Director of the Genome Biology Program Institution: Broad Institute FY ending June 30, 2011: $818,876 FY ending June 30, 2010: $712,468 % Change: 14.9% Following is a list of 25 current or former senior executives of independent nonprofit research institutes, ranked by total compensation for the most recent two years such information was available as furnished by Form 990s filed annually by each institution with the Internal Revenue Service and made public through Guidestar.org and Foundation Center. In most cases, the most recent years available were fiscal years ending in 2011 and 2010. In isolated cases, no new Form 990s had been made public since last year. Unlike the first edition of this list last year, the percent change in annual pay for each executive was listed. Perhaps reflecting continued pressure on the institutions and other nonprofits to account for executive pay, 10 of the top 25 compensated executives listed either received below-inflation-rate raises, or were paid less than the previous year. However, another 10 executives listed saw double- or triple-digit pay raises, some of which included severance or payments from organizations related to the research institutions. In four cases, double- and triple-digit raises followed a promotion or extra responsibilities added on an interim basis. Also unlike last year, the list was expanded beyond CEOs to include other senior-level executives, such as executive vice presidents, board chairs, and C-suite officers. The expansion explains why the top 11 highest-paid executives in this year’s list received total pay exceeding $1 million, compared with the top four CEOs in the 2012 list. Executives on the list come from 13 research institutions. HHMI alone accounted for eight people, followed by Sanford-Burnham, Stowers, and the J. William Gladstone Institutes (two each), and one each for the other institutions. In some cases the listed chief executives have been succeeded by others; such leadership changes are detailed in footnotes. FY denotes fiscal year; CY denotes calendar year. #17. R. Sanders Williams, M.D.Title: President Institution: The J. David Gladstone Institutes 2011 calendar year: $851,894 2010 calendar year: $862,505 % Change: -1.2% #16. Sean B. Carroll, Ph.D.Title: VP for Science Education Institution: Howard Hughes Medical Institute FY ending August 31, 2012: $886,4768 FY ending August 31, 2011: $362,2388 % Change: 144.7% #15. Richard A. PenderTitle: Managing Director, Global Equities Institution: Howard Hughes Medical Institute FY ending August 31, 2012: $923,731 FY ending August 31, 2011: $858,787 % Change: 7.6% #14. Cheryl A. MooreTitle: EVP and COO Institution: Howard Hughes Medical Institute FY ending August 31, 2012: $940,87810 FY ending August 31, 2011: $684,40911 % Change: 37.5% #13. William R. Brody, M.D., Ph.D.Title: President Institution: The Salk Institute for Biological Studies FY ending June 30, 2012: $946,823 FY ending June 30, 2011: $951,743 % Change: -0.5% #12. Thomas R. Cech, Ph.D.Title: Investigator Institution: Howard Hughes Medical Institute FY ending August 31, 2012: $985,112 FY ending August 31, 2011: $1,000,204 % Change: -1.5% #11. Kristiina Vuori, M.D., Ph.D.Title: President and Interim CEO12 Institution: Sanford-Burnham Medical Research Institute FY ending September 30, 2011: $1,011,753 FY ending September 30, 2010: $522,93312 % Change: 193.5% #10. David A. WelteTitle: EVP and General Counsel Institution: Stowers Institute for Medical Research 2011 calendar year: $1,032,41413 2010 calendar year: $966,46313 % Change: 6.8% Following is a list of 25 current or former senior executives of independent nonprofit research institutes, ranked by total compensation for the most recent two years such information was available as furnished by Form 990s filed annually by each institution with the Internal Revenue Service and made public through Guidestar.org and Foundation Center. In most cases, the most recent years available were fiscal years ending in 2011 and 2010. In isolated cases, no new Form 990s had been made public since last year. Unlike the first edition of this list last year, the percent change in annual pay for each executive was listed. Perhaps reflecting continued pressure on the institutions and other nonprofits to account for executive pay, 10 of the top 25 compensated executives listed either received below-inflation-rate raises, or were paid less than the previous year. However, another 10 executives listed saw double- or triple-digit pay raises, some of which included severance or payments from organizations related to the research institutions. In four cases, double- and triple-digit raises followed a promotion or extra responsibilities added on an interim basis. Also unlike last year, the list was expanded beyond CEOs to include other senior-level executives, such as executive vice presidents, board chairs, and C-suite officers. The expansion explains why the top 11 highest-paid executives in this year’s list received total pay exceeding $1 million, compared with the top four CEOs in the 2012 list. Executives on the list come from 13 research institutions. HHMI alone accounted for eight people, followed by Sanford-Burnham, Stowers, and the J. William Gladstone Institutes (two each), and one each for the other institutions. In some cases the listed chief executives have been succeeded by others; such leadership changes are detailed in footnotes. FY denotes fiscal year; CY denotes calendar year. #9. David M. Chao, Ph.D.Title: President and CEO Institution: Stowers Institute for Medical Research 2011 calendar year: $1,180,91613 2010 calendar year: $1,006,40813 % Change: 17.3% #8. Robert Tjian, Ph.D.Title: President Institution: Howard Hughes Medical Institute FY ending August 31, 2012: $1,199,437 FY ending August 31, 2011: $1,143,070 % Change: 4.9% #7. Roderick L. SturgeonTitle: EVP and CFO Institution: Stowers Institute for Medical Research 2011 calendar year: $1,209,82113 2010 calendar year: $1,149,15413 % Change: 5.3% #6. Stephen M. Prescott, M.D.Title: President Institution: Oklahoma Medical Research Foundation FY ending June 30, 2012: $1,249,438 FY ending June 30, 2011: $1,059,638 % Change: 17.9% #5. Jeffrey M. Trent, Ph.D.Title: President and Scientific Director Institution: Translational Genomics Research Institute (TGen) FY ending November 30, 2011: $1,346,435 FY ending November 30, 2010: $1,063,599 % Change: 26.6% #4. Landis ZimmermanTitle: VP and Chief Investment Officer Institution: Howard Hughes Medical Institute FY ending August 31, 2012: $1,357,181 FY ending August 31, 2011: $1,134,467 % Change: 19.6% #3. Richard A. Lerner, M.D.14Title: President and CEO, 1991–201214; Researcher, Skaggs Institute for Chemical Biology, 2012–present Also served as director of predecessor organization, 1987–1991 Institution: The Scripps Research Institute FY ending September 30, 2011: $1,370,494 FY ending September 30, 2010: $1,370,328 % Change: 0.01% #2. John C. Reed, M.D., Ph.D.Title: CEO, 2010-2013; President and CEO, 2002–201015 Institution: Sanford-Burnham Medical Research Institute FY ending June 30, 2011: $1,476,406 FY ending June 30, 2010: $1,561,725 % Change: -5.5% #1. Richard W. BrownTitle: Chairman, Board of Directors Institution: Stowers Institute for Medical Research 2011 calendar year: $1,780,90213 2010 calendar year: $1,693,29713 % Change: 5.2% Notes: To enjoy more articles like this from GEN, click here to subscribe now! |
|
© 2012 Genetic Engineering & Biotechnology News, All Rights Reserved
