Regents approve raises for college presidents

8:00 AM, May 10, 2012   |    comments
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ATLANTA -- The Georgia Board of Regents has approved raises for a handful of college presidents across the state.

The board Wednesday signed off on a $25,000 raise for the presidents at Abraham Baldwin Agricultural College and Atlanta Metropolitan College. David Bridges and Gary McGaha will now make $198,000 per year.

Jim Sanders, director of the Skidaway Institute of Oceanograhpy, received the same raise and will now make $198,000. The board also approved $600,000 in deferred compensation for University of Georgia President Michael Adams and another $2 million over five years once he retires next year.

Other institution presidents received salary increases but they were funded by private foundations. The largest was Georgia Tech President G.P. "Bud" Peterson who will receive a $166,666 bump to more than $756,000.

 

(Associated Press)

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