The President of the University of Michigan (UM), Santa Ono, currently earns an annual base salary of $1,014,000.
University of Michigan President's Compensation
This compensation figure reflects a recent 4% increase approved by the university's regents. This raise was granted following a thorough review of President Ono's performance during his initial year in office, where he was specifically recognized for his "empathetic style" and dedicated efforts in "constantly rebuilding trust" within the university community.
Compensation Breakdown
The table below illustrates the progression of the UM President's base salary:
| Component | Amount | Details |
|---|---|---|
| Previous Base Salary | $975,000 | The annual base salary earned before the recent adjustment. |
| Raise Percentage | 4% | The percentage increase approved by the regents. |
| Raise Amount | $39,000 | The calculated dollar amount of the raise ($975,000 * 0.04). |
| Current Base Salary | $1,014,000 | The new annual base salary, effective after the 4% raise, which now exceeds $1 million annually. |
Context of the Recent Raise
The decision by the University of Michigan's Board of Regents to increase President Ono's salary was a direct outcome of their positive evaluation of his first year. Key aspects highlighted during the review included:
- His effective leadership and strategic direction during his inaugural year.
- His empathetic approach in engaging with students, faculty, staff, and the broader university community.
- His consistent focus on strengthening trust and fostering a positive environment across the institution.
This increase ensures his base salary surpasses the $1 million mark, underscoring the value placed on his contributions and leadership at one of the nation's leading public universities. For more information on presidential compensation and university news, you can refer to reputable sources such as this Detroit News article on the UM president's raise.
