Penn State's Erickson to quit in 2014
STATE COLLEGE — Penn State President Rodney Erickson, who was brought in to lead the university out of the sex-abuse scandal that engulfed top administrators, will be paid $515,000 annually through June 2014 and then step down, the school said Tuesday.
The deal Erickson signed could see him get raises based on his annual evaluations. The contract also calls for the use of a university car and “standard benefits” for school executives.
Erickson intends to step down at the end of the contract, university spokeswoman Lisa Powers said. He first revealed his intentions in an interview Tuesday with the Pittsburgh Post-Gazette.
Erickson was promoted from provost to president on Nov. 9 after the resignation of Graham Spanier in the aftermath of child sex abuse charges against retired assistant football coach Jerry Sandusky. In a statement, Erickson said he was grateful for the trustees’ support and proud of the university’s “heritage and accomplishments in teaching, research” and public service.
The announcement about the salary came just a day before Erickson embarks on a three-day tour of meetings with alumni, including two in Pennsylvania and one in New York.
The school has previously fought efforts to force disclosure of its employees’ salaries, but revisions to the Right-to-Know Law enacted in 2008 require it to annually report the salaries of all officers and directors, as well as the other highest-paid 25 employees.
Spanier, who was president for 16 years, made about $813,000. He was one of the nation’s longest-tenured college presidents. A survey released in April by The Chronicle of Higher Education found Spanier was fifth highest-paid public college president in the country.
Erickson was Penn State’s executive vice president and provost — or chief academic officer — for 12 years before being appointed president. The trustees also fired Hall of Fame football coach Joe Paterno the same night amid mounting criticism that school leaders should have done more to prevent alleged abuse.