Gordon Gee: All of the Bow Ties

[Buster Bluth]

Bluth i hear what your saying on this guy...and i understand a university has to "spend money to make money" and of cpourse they al need a figurehead to do all the scmoozing.
but i wonder, does the comparison the article pointed out of other universities presidents that are similar in size to pOSU (they used Texas and Michigan as examples) demostrate to you that pOSU is overpaying for him for what he brings in?
those others do more with much less it appears:

E. Gordon Gee, Ohio State University, $1.9 million a year compensation, plus a car, house and access to charter jets. Travel, housing, entertainment spending 2007-mid-2012: $7.7 million

Bill Powers, University of Texas at Austin, $663,000 a year in compensation, no car or house, access to state-owned aircraft. Travel and entertainment spending 2007 to 2011: $$310,360

Mary Sue Coleman, University of Michigan, $860,782 a year in compensation, plus a car and house, flies commercial. Travel and entertainment spending 2007 to 2011: $410,235. Housing upkeep costs another $100,000 a year.

There are signs that OSU isn’t keeping pace nationally on the size of its endowment. OSU slipped from 27th in the four years preceding Gee’s return to Columbus to 31st in 2010-11, according to the National Association of College and University Business Officers and the Commonfund Institute. The Big 10 universities Northwestern, Minnesota, and Michigan all ranked above Ohio State for the size of their endowment


in comparison and costrast to his peers...i'd say this fundraising emperor has no clothes.

Well compare it to his predecessors...and he's up 25% in fundraising. That's massive.

I also wonder if those schools are spending so heavily. There is $2.2 billion in construction happening right now. That doesn't include all of those things I listed earlier other than the hospital.

This CBEC costs nine figures, it's a state-of-the-art Chemical/Biological Engineering building:

Also includes remodeling and expanding all of the South Campus dorms:

Or the 450 geothermal wells being dug in the South Oval...

Here, look, they're literally rebuilding the entire campus:

Campus Construction Map - The Ohio State University

The fact that the endowment hasn't taken a huge hit (most did due to the recession) is awesome.

 

[ND NYC]

so is it your belief that no taxpayer funds will be used for all the new construction at pOSU...no state backed bonding...and no state backed long term loans...and that Gee and his fundraising efforts are solely repsonsible for generating the money to cover the costs for all those projects?

the article in my view lays out a pretty compelling case that this guy, in comparision to his peers at similar large state run universities, is compensated at a MUCH HIGHER cost (spends more to fundraise less) to his university than those others.

in investor terms, his "P/E ratio" is way out of line.