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Frostburg President Snubbed on College President Raises

July 1st, 2016 by WCBC Radio

Leadership at 11 of the 12 University System of Maryland institutions will be getting raises in the coming fiscal year, most of no more than 3.5 percent.
 
The Daily Record reports  that University of Maryland, College Park President Wallace Loh will get the largest increase of 14 percent, bringing his total 2017 salary up to $600,314.
 
The biggest overall earner is University of Maryland, Baltimore president Dr. Jay Perman, whose $895,923 salary also covers his work as a practicing physician.
 
Frostburg State University President Ronald Nowaczyk, who took office in May, is the only president who won't be getting a raise. He earns a salary of $275,000 per year.
 
University system spokesman Mike Lurie says presidents' salaries reflect how successful they've been in achieving goals set by the USM chancellor, who conducts twice-yearly performance reviews.

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