The President of the University of Missouri (Mizzou), Mun Choi, has a base salary of $750,000 as per his 2022 contract.
Understanding University Presidential Compensation
The compensation package for university presidents, including Dr. Choi's base salary, is typically determined through a comprehensive process that involves benchmarking against leaders at other comparable public college systems. This approach ensures that the university can attract and retain highly qualified individuals for its top leadership roles.
For instance, the determination of Dr. Choi's salary includes a comparison to the base salaries of system presidents from other major public universities, such as those in Arkansas, Alabama, Penn State, and Texas. While Dr. Choi's 2022 base salary was set at $750,000, the average base salary among the presidents on this comparison list was approximately $966,000. This comparison highlights how Mizzou's presidential compensation aligns with broader trends in higher education leadership.
To provide a clearer perspective on this comparison:
| Position | Base Salary (2022 Contract) |
|---|---|
| Mun Choi (Mizzou President) | $750,000 |
| Average of Peer Presidents | Approximately $966,000 |
This strategic method of setting compensation aims to achieve a balance between responsible financial management and the necessity of securing strong leadership essential for the university's academic excellence and operational success. For further details on university leadership compensation, valuable insights can often be found in reports from reputable news organizations like St. Louis Public Radio, which frequently cover such topics.
