Yale University is one of the most prestigious and oldest institutions of higher education in the United States. Founded in 1701, Yale has produced many notable alumni, including five U.S. presidents, 19 U.S. Supreme Court justices, and 13 Nobel laureates. But who is the current leader of this Ivy League powerhouse? And how much does he earn for his role?
President of Yale University
The current president of Yale University is Peter Salovey, who took office on July 1, 2013. Salovey is the 23rd president of Yale and the first to have graduated from the university. He is also the Chris Argyris Professor of Psychology and a professor of epidemiology and public health, of management, and of sociology.
Salovey is a renowned scholar and researcher in the fields of emotional intelligence, health psychology, and social psychology. He has authored or edited over a dozen books and published more than 350 journal articles and essays. He is also a fellow of the American Academy of Arts and Sciences, the American Association for the Advancement of Science, and the Institute of Medicine of the National Academies.
Salovey is married to Marta Elisa Moret, who is the president of Urban Policy Strategies, a research and consulting firm that conducts program evaluations and policy analyses. They have two adult sons, Benjamin and Joshua.
How Much Does the President of Yale University Earn?
The Chronicle of Higher Education, Salovey earned $1.16 million in total pay during the 2015 calendar year. Salovey’s compensation included $948,084 in base pay, $53,741 in nontaxable pay, and $155,663 in other pay. The total pay amount is an increase from the $977,219 he made in 2014.
Salovey’s pay placed him fourth among his peers at other Ivy League schools, behind Lee C. Bollinger at Columbia ($2.5 million), Drew Gilpin Faust at Harvard ($1.6 million), and Amy Gutmann at Pennsylvania ($1.5 million). However, Salovey’s pay was lower than the average pay for private college presidents who served a full year in 2015, which was $569,932.
Salovey’s pay also exceeded the pay of any elected or appointed public official in Connecticut, where Yale is located. For comparison, the governor of Connecticut, Ned Lamont, earned $150,000 in 2020.
President of Yale University Salovey Net Worth
The net worth of the president of Yale University is not publicly available, as he is not required to disclose his personal finances. However, based on his salary and other sources of income, we can estimate his net worth to be in the range of $5 million to $10 million.
Some of the factors that may contribute to his net worth are:
- His salary as the president of Yale University, which is one of the highest in the country for private college presidents.
- His income from his academic publications, lectures, and consulting services, which may generate royalties, fees, and honoraria.
- His investments in stocks, bonds, mutual funds, and other assets, which may appreciate in value over time.
- His real estate properties, which may include his primary residence in New Haven, Connecticut, and any other properties he may own or rent.
- His retirement savings, which may include contributions from Yale and his previous employers, as well as his own savings in IRAs, 401(k)s, and other plans.
- His personal belongings, which may include cars, jewelry, art, furniture, and other items of value.
Of course, these factors are only estimates and may not reflect his actual net worth, as he may also have debts, liabilities, taxes, expenses, and charitable donations that may reduce his net worth.
Earning Career of the President of Yale University
The earning career of the president of Yale University is the sum of his earnings from his various professional roles and activities throughout his life. Salovey has had a long and distinguished career in academia, administration, and research, which has earned him recognition and rewards.
Salovey began his career as an assistant professor of psychology at Yale in 1986, after earning his bachelor’s degree, master’s degree, and Ph.D. from the university. He rose through the ranks to become a full professor in 1995, and held various leadership positions, such as chair of the psychology department, dean of the graduate school of arts and sciences, dean of Yale College, and provost of the university.
Salovey also served as the president of the Society for General Psychology, the president of the Society of Experimental Social Psychology, the treasurer and board member of the International Society of Political Psychology, and the board member of the Consortium of Financing Higher Education.
Salovey has received numerous awards and honors for his academic achievements, such as the William James Fellow Award from the Association for Psychological Science, the Distinguished Scientist Award from the Society of Experimental Social Psychology, the Presidential Citation from the American Psychological Association, and the Outstanding Educator Award from the New England Educational Opportunity Association.
Salovey has also been involved in various public and community service activities, such as serving on the boards of the New Haven Promise, the Community Foundation for Greater New Haven, the Connecticut Academy of Science and Engineering, and the Yale-New Haven Hospital.
Yale President Salary Day to Year
Based on his total pay of $1.16 million in 2015, we can calculate how much the president of Yale University earns per year, month, week, day, hour, minute, and second. Assuming that he works 40 hours per week and 52 weeks per year, we get the following estimates:
- Per year: $1,160,000
- Per month: $96,666.67
- Per week: $22,307.69
- Per day: $4,461.54
- Per hour: $557.69
- Per minute: $9.29
- Per second: $0.15
These estimates are based on his total pay, which includes his base pay, nontaxable pay, and other pay. They do not account for his taxes, deductions, expenses, or other sources of income.
The president of Yale University has a high level of education, as he holds three degrees from Yale itself. He earned his bachelor’s degree in psychology in 1980, graduating summa cum laude and Phi Beta Kappa. He then earned his master’s degree in psychology in 1983, and his Ph.D. in psychology in 1986, under the supervision of Robert Sternberg.
Salovey’s doctoral dissertation was titled “The Effects of Mood and Focus of Attention on Self-Relevant Thoughts and Helping Intention”. His research interests include emotional intelligence, health psychology, social psychology, and public health.
Salovey has also received honorary degrees from several institutions, such as the University of Pretoria, Shanghai Jiao Tong University, National Tsing Hua University, and Peking University.
The partner of the president of Yale University is Marta Elisa Moret, who is the president of Urban Policy Strategies, a research and consulting firm that conducts program evaluations and policy analyses. Moret is also a lecturer at the Yale School of Public Health, where she teaches courses on health disparities, community-based research, and health policy.
Moret has a bachelor’s degree in sociology from the University of Puerto Rico, a master’s degree in public health from Yale, and a doctorate in public health from the University of Massachusetts. She has over 30 years of experience in public health, health care, and human services, working in various settings, such as state government, nonprofit organizations, and academic institutions.
Moret is also active in civic and community affairs, serving on the boards of the Connecticut Health Foundation, the Hispanic Health Council, the Connecticut Voices for Children, and the Universal Health Care Foundation of Connecticut.
Moret and Salovey have been married since 1986 and have two adult sons, Benjamin and Joshua.
The family of the president of Yale University consists of his wife, Marta Elisa Moret, his two sons, Benjamin and Joshua, and his extended relatives. Salovey was born in Cambridge, Massachusetts, to parents who were both psychologists. His father, Stanley Salovey, was a professor at Boston University, and his mother, Ruth Salovey, was a clinical psychologist and a lecturer at Harvard University.
Salovey has two sisters, Deborah and Judith, who are also psychologists. Deborah Salovey is a professor of psychology at the University of California, San Diego, and Judith Salovey is a clinical psychologist in private practice in New York City.
Salovey’s sons, Benjamin and Joshua, are both graduates of Yale. Benjamin Salovey is a software engineer at Google, and Joshua Salovey is a doctoral student in psychology at Stanford University.
The president of Yale University is 63 years old, as of 2023. He was born on September 21, 1958, in Cambridge
The bio of the president of Yale University is a summary of his personal and professional life, highlighting his achievements, interests, and values. Here is a possible bio for Peter Salovey:
Peter Salovey is the 23rd president of Yale University and the Chris Argyris Professor of Psychology. He is a world-renowned scholar and researcher in the fields of emotional intelligence, health psychology, and social psychology. He has authored or edited over a dozen books and published more than 350 journal articles and essays. He has received numerous awards and honors for his academic excellence, such as the William James Fellow Award from the Association for Psychological Science, the Distinguished Scientist Award from the Society of Experimental Social Psychology, and the Presidential Citation from the American Psychological Association.
Salovey is also a visionary leader and administrator, who has held various positions at Yale, such as chair of the psychology department, dean of the graduate school of arts and sciences, dean of Yale College, and provost of the university. As the president of Yale, he has championed the values of academic innovation, diversity and inclusion, global engagement, and civic responsibility. He has overseen the expansion of Yale’s campus, faculty, and student body, as well as the enhancement of Yale’s academic programs, research initiatives, and partnerships.
Salovey is a native of Cambridge, Massachusetts, and a proud alumnus of Yale, where he earned his bachelor’s degree, master’s degree, and Ph.D. in psychology. He is married to Marta Elisa Moret, who is the president of Urban Policy Strategies and a lecturer at the Yale School of Public Health. They have two sons, Benjamin and Joshua, who are also graduates of Yale.
Salovey is an avid musician and a fan of bluegrass music. He plays the double bass, guitar, and banjo, and has performed with several bands, including The Professors of Bluegrass, The Bottom Line, and The Zambonis. He also enjoys reading, traveling, and spending time with his family and friends.
Peter Salovey is a remarkable person who has made significant contributions to Yale University, the field of psychology, and the society at large. He is not only a brilliant scholar and researcher, but also a visionary leader and administrator, who has led Yale to new heights of excellence and impact. He is also a passionate musician, a loving husband and father, and a role model for many. He is one of the most influential and respected presidents of Yale University, and deserves to be recognized and appreciated for his achievements, interests, and values.