28 June 2006

First Casualty of UC Comp Scandal

Photo: dailybruin.ucla.edu

University of California, Santa Cruz Chancellor Denice Denton committed suicide by jumping off her partner's San Francisco apartment building over the past weekend. Denton was one of the numerous University of California executives at the center of the compensation scandal, in which UC mandarins bypassed the Board of Regents and paid themselves and their friends (in Denton's case her partner) unjustifiably high salaries and benefits.

The Fairbank Report maintains our position that many executives in the UC (and perhaps the California State University) system are excessively compensated and, more significantly, they routinely violate University policies which they themselves impose on their subordinates.

Most university executives come from the ranks of academics and are not professional managers who might command above-market rates.

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