Capella paid its CEO, Kevin Gilligan, $3.85 million last year — a 64 percent increase from his pay in 2009, which happened to be his first year on the job, the Minneapolis/St. Paul Business Journal reports.
The news comes a month after Capella announced it was shedding 125 non-faculty positions because of “challenging conditions” — despite its revenue and profit increases.
Read the full report here.
About the blogger
Alex Friedrich reports on higher education issues for MPR News. Among the stories he has covered: the fall of the Berlin Wall, aftermath of Hurricane Katrina, collapse of the I-35W bridge in Minneapolis, 2003 Moscow suicide bombing and 2004 presidential elections in the Republic of Georgia. He holds a bachelor’s degree in journalism from the University of Georgia and a master’s in European political economy from the London School of Economics.