Newly selected UC Davis Chancellor Gary May stands to earn $325,780 a year sitting on outside boards, a form of compensation that prompted criticism last year for predecessor Linda P.B. Katehi. May earned $288,280 in cash and stock in 2015 as a member of the board of Leidos, a Virginia-based defense and technology company, according to the most recent public filing showing his compensation. May also stands to earn $37,500 per year when he joins the board of nonprofit Charles Stark Draper Laboratory in October, according to UC officials. Draper facilitates research in defense, technology and medicine. May, 52, said last week that he intends to keep his paid board seats once he becomes University of California, Davis, chancellor Aug. 1, but does not intend to accept any more such positions – complying with a UC senior manager limit that regents imposed last summer.

Read full article [here].
by Diana Lambert, The Sacramento Bee.

Posted: February 28th, 2017, by: admin. Categories: . Awaiting Comments.