President Amy Gutmann is no longer the highest-paid Penn executive - Generocity Philly


Dec. 5, 2016 11:00 am

President Amy Gutmann is no longer the highest-paid Penn executive

Gutmann made nearly $3 million in 2014, the fourth-highest of all U.S. college presidents. But CHOP surgeon and Penn professor Thomas L. Spray makes more — by a long shot.

University of Pennsylvania President Dr. Amy Gutmann.

(Photo by Flickr user Third Way Think Tank, used under a Creative Commons license)

University of Pennsylvania president Dr. Amy Gutmann made over $3 million in 2013.

It was the year Gutmann completed a seven-year, $4.3 billion fundraising campaign — the largest in university history, aimed at “strengthening the University’s eminent faculty” and making historic endowment additions. For the second year in a row, Gutmann was Penn’s highest-paid employee.

She was also the highest-paid college president in the country.

According to the Chronicle of Philanthropy, which just published its annual review of U.S. college presidents’ pay, that title now belongs to Wilmington University president Jack Varsalona, who reeled in over $5.4 million from the private Delaware college.

Gutmann was compensated over $2.9 million in 2014, making her the fourth highest-paid president in the country and Penn’s second highest-paid executive.

Kind of by a long shot. The university’s highest-paid employee that year was Children’s Hospital of Philadelphia surgeon and surgery professor Thomas L. Spray, who made a total of $8.35 million


From our Partners

That’s a lot of dough, but it doesn’t detract from Gutmann’s successes as the eighth president in Penn’s history.

That’s a six percent increase in endowment value in 2016, growth that persevered through a 1.4 percent investment loss (it was a rough year for returns, at least for Ivy League universities not named Yale).

That level of growth might continue (especially if tax exemptions for college endowments remain untouched). Just last week, Gutmann was awarded a contract extension into 2022, an extension that will make her the longest-serving president in Penn history.


From our Partners

Celebrating our nation’s heroes and hidden heroes this November

How Project HOME’s college access program provides a head start


Generocity Philly

During Tech in Action Day, all the participants teach and learn

Philadelphia, PA

Healthcare Improvement Foundation


Apply Now
Philadelphia, PA

Philadelphia Works

Grant Writer

Apply Now
1617 JFK Blvd., Suite 1200, Philadelphia, PA 19103

Support Center for Child Advocates


Apply Now

Opinion: A safe injection site will not be good for Kensington. Things will get worse

Opinion: Most of the people who want Safehouse in Kensington do not live there

Opinion: If Safehouse is allowed to open, our clients will only benefit


Generocity Philly

ECS has been tackling Philly’s social issues for nearly 150 years. Now, its new focus is intergenerational poverty


Planned Parenthood Southeastern PA

Institutional Giving Coordinator

Apply Now
Philadelphia, PA

Community Legal Services, Inc


Apply Now


Accounting & Grants Coordinator

Apply Now

Sign-up for daily news updates from Generocity