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New Calif. law opens university executive pay decisions

Gov. Arnold Schwarzenegger (R) signed into law Oct. 12 a bill designed to open to public scrutiny the way California universities set compensation packages for their top officials.

The Higher Education Governance Accountability Act, introduced by Senator Leland Yee (D-San Francisco/San Mateo), will require executive payment packages at the California State University system and the University of California system to be voted on in an open session by their respective boards of regents.

Positions that fall under the new legislation will include the president of the university system, the chancellor of an individual campus, a vice president, a treasurer, the assistant treasurer, the general counsel or the trustees' secretary.

See full story at Student Press Law Center
Published Saturday, October 20, 2007 2:34 AM by JoelCampbell

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# Get Into College! » New Calif. law opens university executive pay decisions

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