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Post by reformation on Nov 23, 2004 17:04:24 GMT -5
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DFW HOYA
Platinum Hoya (over 5000 posts)
Posts: 5,733
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Post by DFW HOYA on Nov 23, 2004 20:10:35 GMT -5
Such high salaries were not necessary when Jesuits ran the place, were they?
This sends a very bad signal when the debt is high and the faculty morale a little low. It's not Jack's fault someone is paying him this much, of course, but executives should know when to make hay and when to leave it in the barn (my Ratherism for the day)
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Post by reformation on Nov 23, 2004 21:33:17 GMT -5
Agree w your sentiment DFW, just am amazed at the Board of Directors on this one.
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C86
Century (over 100 posts)
Posts: 230
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Post by C86 on Nov 25, 2004 14:05:18 GMT -5
I agree and diagree. DiGioia drawing this large a salary when the endowment is underfunded and the hospital is losing millions, sends a terrible message to the faculty, students, and alumni (not to mention Standard & Poors). However, DiGioia is absolutely responsible for the salary he takes home. The President makes the budget, and it is approved by the board. DiGioia could simply place a line item in the budget for a reasonable salary (i.e. one well south of 600K) and let it be known to the board that that is what he wants. They'd be hard pressed to say no. And if they did say no, and somehow forced a large salary on him, nothing is preventing DiGioia from returning a portion of it to the University through a donation.
President DiGioia has a tough job and a family to support. I recognize that. But 600K is really excessive.
PS. Does anyone know if President DiGioia receives a free house from the University?
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Post by reformation on Nov 27, 2004 21:08:58 GMT -5
Most probably wouldn't care much about the $600k if we actually made a major outside hire with a proven track record, unquestioned credibilty in the academic world etc---just is hard to fathom why we paid what it takes to hire a star from the outside to an inside candidate with more modest credentials.---Then again if Jack performs no one should be too bothered, if he doesn't many constituencies will be furious.
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watsonry
Bulldog (over 250 posts)
Posts: 314
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Post by watsonry on Dec 4, 2004 11:47:00 GMT -5
What I don't understand is, if we were willing to pay that much, why didn't they go out and get a superstar?
Is the Georgetown job really that unattractive, or did we not even look beyond old jesuits and in-house career administrators? Nothing against Jack, he seems like a genuinely nice guy, but Georgetown really needed someone from the outside that has some fresh thinking and objectives/ long term goals.
Maybe we could have had Richard Brodhead (from Yale) who went to Duke or many, many others who are vastly more qualified........I mean, Jack just got his PhD 10 years ago, in any other setting he would just be coming up for tenure....can you say getting groomed for the job? Uh Jack, we'll give you a Philosophy PhD, so you look more qualified when we appoint you president.....it must be nice.
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DFW HOYA
Platinum Hoya (over 5000 posts)
Posts: 5,733
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Post by DFW HOYA on Dec 4, 2004 12:08:16 GMT -5
The presidential search process is a well kept secret, so much so that the names of the other candidates were never disclosed publicly. It is a fact that the search process was extended six months, leading to post-hoc media speculation that if candidates peeked behind the curtain at the issue of the school's finances, this might have had some people back off. Having sucessfully negotiated the sale to MedStar, Jack knew the problems better than anyone.
More than almost anyone could have hoped, Jack was able to successfully deflect the heat focused on GU in 2001 for selecting a non-Jesuit to the helm. His strong ties to the place deflected what was expected to be a wave of public criticism by various factions within the alumni community and among lay and clerical Catholic leaders, many of whom are openly suspicious at Georgetown for what is perceived as the University's ongoing effort to distance itself from the Church.
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