President Gee Gets a Raise and a Bonus

November 9, 2012 at 1:23p    by Chris Lauderback    
32 Comments

Comments

GABuckeye's picture

That's a lot of money to spend on bowties!!

Alhan's picture

Good for him. He deserves it for the amount of money he's bringing in.

You can kill a fly with your slipper or a cannon. Either way, the fly dies. -Ramzy

William's picture

Why does he need a raise? He's already the highest paid public university president in the United States. 

Pam's picture

So what? I get a raise and a bonus every year if I do my job well, make and save the company money.  Why shouldn't EGG?

hodge's picture

So much this.  Besides, even with the raise, he's still making less than a quarter of what Urban's making, and (as I've said previously) we're just as lucky to have Gee as we are our head football coach.  Granted, the Athletic Department is a separate entity from the University, but he's gone far and above the established call for our university president.
With all the construction that he's been driving, he's ensuring a massive new cashflow into the university with new and renovated dorms, making a two-year stay on campus mandatory for students, improving facilities and research (which, admittedly, was one of Holbrook's pet projects--Gee is furthering her strides, tough), and leading the charge in promoting green energy on campus.  He is the  reason that Ohio State's brand is so successful outside of athletics, well worth a raise if you ask me.

William's picture

Let me get this straight. The man is set to make another $25,000 a year and is getting a $333,000 bonus, but my tuition is still going to go up? Seems entirely logical. 

buck-I.8's picture

And anyone that has ever been to a USG meeting will tell you: For as much good as the guy does, he simply doesn't give a shit about the high costs of the education.

William's picture

 
Pam, I'd also like to point out that a university isn't a Fortune 500 company where it's main goal is to generate a profit. I understand that a school must at least make enough to remain operational, and while under Gee the school has definitely reached new heights (I've previously defended Gee in many posts), the point of the university system is to socialize, and educate the nation's citizens, not make a nice buck off of them. The guy isn't hurting and already has a nice expense credit/fund as well, so again I fail to see why he needs a raise when the school just raised tuition rates again.

William's picture

Also it doesn't even make sense to compare Meyer and Gee's salaries when the Athletic Department is a separate fiscal entity from the university.

rdubs's picture

One reason he might need a raise is that they want to retain him.  He left before and he could leave again if he doesn't feel that he is being compensated appropriately.  
I know he loves OSU and is unlikely to leave, but given his successes I don't see the harm in ensuring that he is retained.  Also I am sure that most of this was already written into his contract, so it isn't like this was a new decision, it is just being executed now.

buck-I.8's picture

Rumors are he already has plans to leave and run for governor, while Dr. Javaune Adams-Gaston would assume the spot of president. If these plans are already in place, the board would be foolish to advocate retention money.

Pam's picture

If that is a rumor going around, wouldn't the trustee's have heard it as well?  EEG running for Gov. sounds pretty far fetched to me.

buck-I.8's picture

That's exactly my point. And why is it far-fetched for a skilled businessman with the support of the community, the money and power to run, and a great track record to run for governor?

BrewstersMillions's picture

Gee looks to see $358,000 more this year. That means the 42,916 under grads (Per Wikipedia) are going to have to pony up $8 more per year per person to cover that nut.
 

4-6 seconds from point A to point B and when you get to point B, be pissed off

William's picture

That's beside the point. OSU has no legitimate reason for raising tuition if they're going to cough up an extra $350,000 a year for Gee. 

cbusbuckeye's picture

Pretty sure Gee pay comes from endowed funds...i.e. our tuition does not go towards his pay. 

BrewstersMillions's picture

My point was that his raise and increased tuitions don't have anything to do with each other.

4-6 seconds from point A to point B and when you get to point B, be pissed off

OSUBias's picture

So his bowtie allowance doesn't lose ground to inflation?

Shitter's full

BED's picture

In b4 "Gee sucks"

The Ohio State University, College of Arts & Sciences, Class of 2006
The Ohio State University Moritz College of Law, Class of 2009

BrewstersMillions's picture

I don't think OSU is hurting financially like some institutions (looks at U of I). If Gee is part of the reason, like any good employee the man deserves his new paper.

4-6 seconds from point A to point B and when you get to point B, be pissed off

UrbzRenewal's picture

Appicability and a great (student) discussion on Gee's salary (and his executive staff) vs how much they make for the university: http://www.reddit.com/r/OSU/comments/12o7ry/osu_doubled_executive_pay_while_students_struggle/
 
The link also includes a citation from 11W!

kr66osu's picture

That man makes some good money!
I don't really see how anyone can complain about this, he's doing great things for this university.

SilverBulletNYC's picture

Don't like it. This is unacceptable as they continue to raise tuition.
We need to address the educational- industrial complex in this country.

The South will NOT rise again!

ArTbkward's picture

"In 2010, Gee gave back his entire $296,786 bonus. In 2008, he established a scholarship fund with a $1 million pledge. Gee created the fund to cover tuition and fees for one student at each class rank for four years."

We should strive to keep thy name, of fair repute and spotless fame...
(Also, I'm not a dude)

Kalamazoo Steve's picture

Yes.  The man has given more than most of us make.  Stupid people that aren't worth that kind of money don't make that kind of money.  Smart people realized he was worth whatever he earned, and gave it to him.  Just by retaining him this money will come back to the university many times over.

Jugdish's picture

It costs to get the best and Gee is no exception. OSU is an elite university and the students are very fortunate to be going there. I really hate that the tuition is still going up, but Kasich has cut funding to state universities. I also would wager that Gee puts a great deal of his money back into OSU. The market determines the cost for university presidents as well as coaches.

Remember to get your wolverine spade or neutered. TBDBITL

Denny's picture

lol but he wears glasses and tweed and bowties I am so angries

Taquitos.

dbit's picture

How much has tuition increased recently?

Jdadams01's picture

For students:
EGG makes your degree worth more by improving the school. 

Run_Fido_Run's picture

In celebration, Gee should send a bottle of Louis XIII to The Dayton Daily News

cajunbuckeye's picture

Go Gordon! Really, how can you not love this guy?

An angry fan...rooting for an angry team...led by angry coaches

Boom777's picture

Why can people mind their buisness. Some hater wrote an article because someone gets paid more than they do. I haven't heard tOSU is in some financial down slide and he shouldn't be making more money. Stop the hate child! 

Wherever you are, there you be!