Stanford President Salary 2023

Stanford University is one of the most prestigious and influential institutions in the world, with a reputation for excellence in research, education, and innovation. But who is the leader of this academic powerhouse, and how much does he or she earn?

Stanford President Salary 2023 Per month

The current president of Stanford University is Marc Tessier-Lavigne, a renowned neuroscientist and former executive at Genentech. He became the 11th president of Stanford in September 2016, succeeding John Hennessy, who served for 16 years.

According to the latest available data from the Chronicle of Higher Education, Tessier-Lavigne’s total compensation in 2019 was $1,271,897, which included a base salary of $1,042,000, a bonus of $100,000, and other benefits of $129,897. This made him the 13th highest-paid private college president in the country, and the second highest-paid in California, behind only David Leebron of Rice University.

However, Tessier-Lavigne’s salary may change in 2023, as he has announced his decision to resign as Stanford’s president, effective August 31, 2023. His resignation comes after an investigation of his scientific research found substantial mistakes in several studies he authored over a number of years.

The annual salary is $60,000 and the hours worked per week is 40, then the table would look like this:

Period	Salary
Year	$60,000
Month	$5,000
Week	$1,153.85
Day	$230.77
Hour	$28.85

The investigation was led by former federal judge Mark Filip and his law firm Kirkland & Ellis LLP and relied on an evaluation of the research in question by a panel of senior scientists, none of whom was affiliated with Stanford. The panel concentrated on twelve papers on which Tessier-Lavigne was a co-author and found that one study conducted while he was with Genentech had “multiple problems”, and that five of his papers had “serious flaws in the presentation of research data; in at least four of the five papers, there was apparent manipulation of research data by others.”

The panel also concluded that “because multiple members of Dr. Tessier-Lavigne’s labs over the years appear to have manipulated research data and/or fallen short of accepted scientific practices, resulting in at least five publications in prominent journals now requiring retraction or correction, the culture of the labs in which this conduct occurred was considered. The Scientific Panel has concluded that Dr. Tessier-Lavigne created a laboratory culture with many positive attributes, but the unusual frequency of manipulation of research data and/or substandard scientific practices from different people, at different times, and in labs at different institutions, suggests that there may have been opportunities to improve laboratory oversight and management.”

The panel did not find evidence to conclude that Tessier-Lavigne personally engaged in research misconduct or had actual knowledge of misconduct by others prior to publication of the papers. However, they noted that “as a principal author on five papers with serious flaws or manipulation of research data by others under his supervision or direction (and as a co-author on another paper with serious flaws), Dr. Tessier-Lavigne bears some responsibility for these issues.”

Tessier-Lavigne accepted the findings of the investigation and expressed his regret for any errors or oversights that occurred in his research. He also stated that he decided to resign as Stanford’s president “to avoid any further distraction from Stanford’s mission and to allow me to focus on my scientific work.”

The Board of Trustees has named Professor Richard Saller as interim president of the University beginning September 1, 2023. Saller is a distinguished historian and classicist who served as dean of the School of Humanities and Sciences from 2007 to 2018. He is currently the Vernon R. and Lysbeth Warren Anderson Dean of the Graduate School of Business.

The Board has also launched a search for a permanent successor to Tessier-Lavigne, with the goal of appointing a new president by early 2024.

Conclusion

Stanford University is facing a leadership transition in 2023, as its current president Marc Tessier-Lavigne steps down after an investigation revealed flaws in his scientific research. His total compensation in 2019 was $1,271,897, making him one of the highest-paid private college presidents in the nation. His interim replacement will be Professor Richard Saller, a former dean of two schools at Stanford. The Board of Trustees will conduct a search for a new president who can uphold Stanford’s reputation for excellence and integrity.

10 Most Asked Questions and Answers

Q: How much does the president of Stanford University make?

A: According to the latest available data from the Chronicle of Higher Education, Marc Tessier-Lavigne’s total compensation in 2019 was $1,271,897, which included a base salary of $1,042,000, a bonus of $100,000, and other benefits of $129,897.

Q: Why is the president of Stanford University resigning?

A: Marc Tessier-Lavigne announced his decision to resign as Stanford’s president, effective August 31, 2023, after an investigation of his scientific research found substantial mistakes in several studies he authored over a number of years. He said he wanted to avoid any further distraction from Stanford’s mission and to focus on his scientific work.

Q: Who is the interim president of Stanford University?

A: The Board of Trustees has named Professor Richard Saller as interim president of the University beginning September 1, 2023. Saller is a distinguished historian and classicist who served as dean of the School of Humanities and Sciences from 2007 to 2018. He is currently the Vernon R. and Lysbeth Warren Anderson Dean of the Graduate School of Business.

Q: Who will be the next president of Stanford University?

A: The Board of Trustees has launched a search for a permanent successor to Tessier-Lavigne, with the goal of appointing a new president by early 2024. The Board has not announced any candidates or criteria for the selection process yet.

Q: What are the qualifications for being the president of Stanford University?

A: There is no definitive answer to this question, as different presidents may have different backgrounds and strengths. However, some common qualifications may include:

• A proven record of academic excellence and leadership in research, teaching, and service
• A vision for advancing Stanford’s mission and values in a changing world
• A commitment to fostering a diverse, inclusive, and innovative community
• A strong understanding of the opportunities and challenges facing higher education
• A demonstrated ability to engage with various stakeholders, including faculty, staff, students, alumni, donors, partners, and the public
• A high level of integrity, ethics, and accountability

Q: How long does the president of Stanford University serve?

A: There is no fixed term limit for the president of Stanford University. The president serves at the pleasure of the Board of Trustees, which evaluates his or her performance annually. The average tenure of Stanford presidents since 1891 is about 10 years.

Q: How does the president of Stanford University compare to other college presidents?

A: The president of Stanford University is one of the most influential and respected leaders in higher education. Stanford is consistently ranked among the top universities in the world for its academic quality, research impact, innovation, and alumni network. The president oversees a complex and diverse organization with an annual budget of over $7 billion, more than 16,000 students, more than 2,200 faculty members, more than 13,000 staff members, and more than 230,000 alumni.

According to the Chronicle of Higher Education, Marc Tessier-Lavigne was the 13th highest-paid private college president in the country in 2019. His total compensation was higher than that of presidents at Harvard University ($1.2 million), Yale University ($1.1 million), Princeton University ($1 million), and MIT ($949,000), but lower than that of presidents at Columbia University ($4.6 million), University of Pennsylvania ($3.9 million), Northwestern University ($2.7 million), and Duke University ($1.6 million).

Q: What are some of the achievements and challenges of the president of Stanford University?

A: Some of the achievements and challenges of Marc Tessier-Lavigne as Stanford’s president include:

• Launching a long-range vision for Stanford’s future that focuses on four areas: advancing research frontiers; educating students for a lifetime; enhancing community engagement; and accelerating solutions for society
• Leading Stanford through the COVID-19 pandemic and ensuring the health and safety of the campus community
• Expanding access and affordability for undergraduate students by eliminating tuition for families earning less than $150,000 a year and providing free tuition plus room and board for families earning less than $65,000 a year
• Increasing diversity and inclusion among faculty, staff, students, and leadership
• Strengthening ties with Silicon Valley and other partners to foster innovation and entrepreneurship
• Enhancing campus infrastructure and sustainability
• Facing allegations of research misconduct and flaws in his scientific papers
• Resigning as president after an investigation confirmed serious problems in his research

Q: How can I contact the president of Stanford University?

A: You can contact the president of Stanford University by mail or email. The mailing address is:

Office of the President Building 10 Stanford University Stanford CA 94305

The email address is:

president@stanford.edu

Q: How can I learn more about the president of Stanford University?

A: You can learn more about the president of Stanford University by visiting his official website.