ROANOKE TIMES

                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: WEDNESDAY, July 11, 1990                   TAG: 9007110464
SECTION: VIRGINIA                    PAGE: B4   EDITION: EVENING 
SOURCE: Associated Press
DATELINE:                                 LENGTH: Medium


JMU PRESIDENT TOPS IN INCOME FOR STATE SCHOOLS

James Madison University's president will make more money this school year than his counterparts at other Virginia public colleges and universities, in large measure because of service on four corporate boards of directors.

Ronald E. Carrier, who has presided over the Harrisonburg school since 1971, will bring home $192,692 during 1990-91, according to an annual disclosure statement filed under state law with the secretary of education.

Carrier reported increases in all three areas of income the presidents must report under law: state salary, supplements, which usually come from private foundations that support universities, and outside income.

His income also rose relative to that of presidents of other state institutions because four of those institutions, including last year's leader, the University of Virginia, experienced changes of leadership.

Carrier reported a state salary of $89,149, sixth highest on the list. He also reported a supplement of $33,143, and outside income of $70,400. He also receives a car, house and deferred compensation plan.

The outside income, a category in which Carrier almost doubles his closest rival, comes from his service on four corporate boards.

He earns $24,000 from Leader Federal Savings & Loan in Memphis, Tenn.; $5,400 from Dominion Bank, Shenandoah Valley; $21,000 from Universal Corp. of Richmond; and $20,000 from Universal Systems Inc. of Chantilly.

Across the state in Williamsburg, Paul R. Verkuil, president of the College of William and Mary, moved to second on the presidential payroll this year, according to his disclosure statement.

Verkuil reported a total income of $172,029. That included state salary of $96,092, and a $38,437 supplement.

He also reported outside income estimated at $37,500 in the form of honoraria, consultantships, royalties on books, and $30,000 for service on the board of Sovran Bank. Verkuil's total pay last year was $145,489.

Among the four newcomers to the fraternity of presidents, John T. Casteen III of the University of Virginia will bring in the biggest paycheck this year, according to the statements.

Casteen reported total income of $171,608.

The other newcomers are Eugene P. Trani of Virginia Commonwealth University, James V. Koch of Old Dominion University and David R. Pierce of the Virginia Community College System.

Trani repoted total income of $150,633. He reported no outside income. Koch will earn $132,175; Pierce, $131,671.

The presidents earn state salaries that range from $106,714 - paid to Casteen, James D. McComas of Virginia Tech and Trani - to $79,660 that will go to J.A. Knight of Clinch Valley College in Wise.

The earnings reports are filed with the secretary each year. He passes them along to the governor for review. The governor can pass on or reject the supplements recommended by each school's board of visitors.

Outside income reported does not necessarily include perquisites such as houses, cars, or country club memberships that often are provided to college chiefs. Nor do they always include unearned incomesuch as dividends and interest on stocks and bonds.



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