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Shaw's salary in the news again - Printable Version

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Shaw's salary in the news again - 82lsju - 02-07-2022

Quote:Congressman Bill Pascrell Jr. (D-NJ-09), the Chairman of the House and Ways Subcommittee on Oversight, announced in a press release Friday that Stanford would be scrutinized as part of an ongoing investigation into the salaries of college football coaches at several universities.
...
“Stanford’s head football coach reportedly received approximately $9 million in compensation in 2019, making him the university’s highest paid employee by far,” the inquiry reads. “It is unclear how such lucrative compensation contracts further Stanford’s overall educational mission and benefit your student body as a whole.”

https://stanforddaily.com/2022/02/06/congressional-probe-into-college-football-coaches-pay-takes-aim-at-stanford/

here's the letter to Stanford

https://pascrell.house.gov/uploadedfiles/2022.02.01_bp_to_stanford_re_athletics.pdf

LSU and USC are getting similar requests for info

https://pascrell.house.gov/news/documentsingle.aspx?DocumentID=4961

RE: Shaw's salary in the news again - PAsportsfan - 02-07-2022

Getting attacked by the Feds now!?!
Poor guy just can’t win…

RE: Shaw's salary in the news again - cardcrimson - 02-07-2022

Can't open the link to the letter to Stanford for some reason. The other links open just fine. Conspiracy, methinks.

Looking forward to the Shawpologists claiming he deserves every penny. . . .

RE: Shaw's salary in the news again - PalmTree - 02-07-2022

(02-07-2022, 10:08 AM)cardcrimson Wrote:  Can't open the link to the letter to Stanford for some reason. The other links open just fine. Conspiracy, methinks.

Looking forward to the Shawpologists claiming he deserves every penny. . . .

Sensing a faculty senate field-day coming up.......

RE: Shaw's salary in the news again - Phogge - 02-07-2022

3 million per win... Shaw is a financial genius!

RE: Shaw's salary in the news again - Papa John - 02-07-2022

Cardcrimson, you miss the mark on this Shawpologist's take, which is...

Why is Shaw to blame? I, too, would take the money if it were offered to me. It seems odd to me that folks are directing their ire at Shaw and not the Athletic Director and the other higher-ups who "negotiated" and approved Shaw's salary package.

RE: Shaw's salary in the news again - Phogge - 02-07-2022

Guys lighten up. This all could play out in an SNL skit. There are more important things to worry about, like Boris Johnson's hair cut.

RE: Shaw's salary in the news again - cardcrimson - 02-07-2022

(02-07-2022, 10:54 AM)Papa John Wrote:  Cardcrimson, you miss the mark on this Shawpologist's take, which is...

Why is Shaw to blame? I, too, would take the money if it were offered to me. It seems odd to me that folks are directing their ire at Shaw and not the Athletic Director and the other higher-ups who "negotiated" and approved Shaw's salary package.

Quite true, but perhaps they fear they'd be hypocritical for crushing Eileen Eu for skiing for China and collecting brobdingnagian endorsement deals in China, where she is also a professional model.

RE: Shaw's salary in the news again - JohnR34231 - 02-07-2022

(02-07-2022, 11:49 AM)cardcrimson Wrote:  
(02-07-2022, 10:54 AM)Papa John Wrote:  Cardcrimson, you miss the mark on this Shawpologist's take, which is...

Why is Shaw to blame? I, too, would take the money if it were offered to me. It seems odd to me that folks are directing their ire at Shaw and not the Athletic Director and the other higher-ups who "negotiated" and approved Shaw's salary package.

Quite true, but perhaps they fear they'd be hypocritical for crushing Eileen Eu for skiing for China and collecting of immense proportions endorsement deals in China, where she is also a professional model.

While they are at it, they could bash Olympic pole vault champion "Mondo" Duplantis for representing Sweden rather than the U.S. despite his American birth. 
Of course take one look at his Swedish model girlfriend and you can understand why he did it. Fame and fortune be damned.

RE: Shaw's salary in the news again - dabigv13 - 02-07-2022

Stanford is a private school. Pascrell should be focused on how SCOTUS is about to start telling Stanford who they can and can't admit, and not what the football coach makes. Dumbass.

RE: Shaw's salary in the news again - Papa John - 02-07-2022

I don't know what the metrics are for measuring thread drift, but I think this one sets the record...

RE: Shaw's salary in the news again - cardcrimson - 02-07-2022

(02-07-2022, 12:02 PM)dabigv13 Wrote:  Stanford is a private school. Pascrell should be focused on how SCOTUS is about to start telling Stanford who they can and can't admit, and not what the football coach makes. Dumbass.

Stanford is a non-profit and enjoys tax exempt status, yet finds a way to pay someone $9 million a year. Pascrell is also asking for a list of everyone at the university making over a million per year. Should be interesting.

That said, it almost sounds as if you're lamenting our government's intrusion into private institutions. Think I'll stay away from that topic. . . .

RE: Shaw's salary in the news again - Phogge - 02-07-2022

Thread drift Papa? It's great for bi-polars like me.

RE: Shaw's salary in the news again - dabigv13 - 02-07-2022

If congress wants to put together some legislation limiting how much universities with some federal tax exempt status can pay their athletic coaches, I'd like to hear about it. But this is just a dumb publicity stunt.

RE: Shaw's salary in the news again - 82lsju - 02-07-2022

(02-07-2022, 12:16 PM)cardcrimson Wrote:  
(02-07-2022, 12:02 PM)dabigv13 Wrote:  Stanford is a private school. Pascrell should be focused on how SCOTUS is about to start telling Stanford who they can and can't admit, and not what the football coach makes. Dumbass.

Stanford is a non-profit and enjoys tax exempt status, yet finds a way to pay someone $9 million a year. Pascrell is also asking for a list of everyone at the university making over a million per year. Should be interesting.

That said, it almost sounds as if you're lamenting our government's intrusion into private institutions. Think I'll stay away from that topic. . . .

in the 2020 form 990 I count 14 making more than $1m

- Shaw - $8.9m
- Robert Wallace - CEO of SMC - $4.6m
- Frank Hanley - chief ped cardiothoraric - $3.7m
- Greg Milani - SR. MD, SMC, THROUGH 7/9/2019 - $3.3m
- Yiping Woo - PROF. & CHAIR, CARDIO SURGERY - $2.7m
- John Hennessy - PROF SOE & FORMER PRESIDENT - $2.4m
- Lloyd Minor - Dean school of medicine - $2.3m
- Martin Shell - VP and chief ERO - $1.8m
- Marc Tressier-Lavigne - $1.7m
- John Etchemendy - PROF H&S & FORMER PROVOST - $1.6m
- Randall Livingston - VP BUS AFFAIRS/CFO - $1.5m
- Robert Reidy - VP lands and buildings $1.3m
- Persis Drell - provost - $1.3m
- Debra Zumwalt - VP general counsell - $1.1m

https://bondholder-information.stanford.edu/sites/g/files/sbiybj21416/files/media/file/stanford-form-990-fy20.pdf

the document has more details on the various categories of pay (base, bonus & incentives, deferred comp, retirement, non-taxable benefits, and other as well as a discussion on pay for med school, development office, investment office, athletics professionals, and officers and others

RE: Shaw's salary in the news again - Phogge - 02-07-2022

I would guess that those salaries pale into insignificance when compared to the average Cardboard Stanford alum.

RE: Shaw's salary in the news again - PVTree - 02-07-2022

(02-07-2022, 12:47 PM)82lsju Wrote:  
(02-07-2022, 12:16 PM)cardcrimson Wrote:  
(02-07-2022, 12:02 PM)dabigv13 Wrote:  Stanford is a private school. Pascrell should be focused on how SCOTUS is about to start telling Stanford who they can and can't admit, and not what the football coach makes. Dumbass.

Stanford is a non-profit and enjoys tax exempt status, yet finds a way to pay someone $9 million a year. Pascrell is also asking for a list of everyone at the university making over a million per year. Should be interesting.

That said, it almost sounds as if you're lamenting our government's intrusion into private institutions. Think I'll stay away from that topic. . . .

in the 2020 form 990 I count 14 making more than $1m

- Shaw - $8.9m
- Robert Wallace - CEO of SMC - $4.6m
- Frank Hanley - chief ped cardiothoraric - $3.7m
- Greg Milani - SR. MD, SMC, THROUGH 7/9/2019 - $3.3m
- Yiping Woo - PROF. & CHAIR, CARDIO SURGERY - $2.7m
- John Hennessy - PROF SOE & FORMER PRESIDENT - $2.4m
- Lloyd Minor - Dean school of medicine - $2.3m
- Martin Shell - VP and chief ERO - $1.8m
- Marc Tressier-Lavigne - $1.7m
- John Etchemendy - PROF H&S & FORMER PROVOST - $1.6m
- Randall Livingston - VP BUS AFFAIRS/CFO - $1.5m
- Robert Reidy - VP lands and buildings $1.3m
- Persis Drell - provost - $1.3m
- Debra Zumwalt - VP general counsell - $1.1m

https://bondholder-information.stanford.edu/sites/g/files/sbiybj21416/files/media/file/stanford-form-990-fy20.pdf

the document has more details on the various categories of pay (base, bonus & incentives, deferred comp, retirement, non-taxable benefits, and other as well as a discussion on pay for med school, development office, investment office, athletics professionals, and officers and others

I expected to see Condi on this list.

RE: Shaw's salary in the news again - 82lsju - 02-07-2022

(02-07-2022, 12:59 PM)PVTree Wrote:  
(02-07-2022, 12:47 PM)82lsju Wrote:  
(02-07-2022, 12:16 PM)cardcrimson Wrote:  
(02-07-2022, 12:02 PM)dabigv13 Wrote:  Stanford is a private school. Pascrell should be focused on how SCOTUS is about to start telling Stanford who they can and can't admit, and not what the football coach makes. Dumbass.

Stanford is a non-profit and enjoys tax exempt status, yet finds a way to pay someone $9 million a year. Pascrell is also asking for a list of everyone at the university making over a million per year. Should be interesting.

That said, it almost sounds as if you're lamenting our government's intrusion into private institutions. Think I'll stay away from that topic. . . .

in the 2020 form 990 I count 14 making more than $1m

- Shaw - $8.9m
- Robert Wallace - CEO of SMC - $4.6m
- Frank Hanley - chief ped cardiothoraric - $3.7m
- Greg Milani - SR. MD, SMC, THROUGH 7/9/2019 - $3.3m
- Yiping Woo - PROF. & CHAIR, CARDIO SURGERY - $2.7m
- John Hennessy - PROF SOE & FORMER PRESIDENT - $2.4m
- Lloyd Minor - Dean school of medicine - $2.3m
- Martin Shell - VP and chief ERO - $1.8m
- Marc Tressier-Lavigne - $1.7m
- John Etchemendy - PROF H&S & FORMER PROVOST - $1.6m
- Randall Livingston - VP BUS AFFAIRS/CFO - $1.5m
- Robert Reidy - VP lands and buildings $1.3m
- Persis Drell - provost - $1.3m
- Debra Zumwalt - VP general counsell - $1.1m

https://bondholder-information.stanford.edu/sites/g/files/sbiybj21416/files/media/file/stanford-form-990-fy20.pdf

the document has more details on the various categories of pay (base, bonus & incentives, deferred comp, retirement, non-taxable benefits, and other as well as a discussion on pay for med school, development office, investment office, athletics professionals, and officers and others

I expected to see Condi on this list.

the table with Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees has 24 people on it, the lowest total comp is $405k and she's not on the list, but she gets paid by both Stanford (as a professor) and the Hoover Institution (as the Tad and Dianne Taube Director of the Hoover Institution) so might be on the Hoover Institution list of highest comped employees

RE: Shaw's salary in the news again - SamuelMcF - 02-07-2022

(02-07-2022, 12:59 PM)PVTree Wrote:  in the 2020 form 990 I count 14 making more than $1m

- Shaw - $8.9m
- Robert Wallace - CEO of SMC - $4.6m
- Frank Hanley - chief ped cardiothoraric - $3.7m
- Greg Milani - SR. MD, SMC, THROUGH 7/9/2019 - $3.3m
- Yiping Woo - PROF. & CHAIR, CARDIO SURGERY - $2.7m
- John Hennessy - PROF SOE & FORMER PRESIDENT - $2.4m
- Lloyd Minor - Dean school of medicine - $2.3m
- Martin Shell - VP and chief ERO - $1.8m
- Marc Tressier-Lavigne - $1.7m
- John Etchemendy - PROF H&S & FORMER PROVOST - $1.6m
- Randall Livingston - VP BUS AFFAIRS/CFO - $1.5m
- Robert Reidy - VP lands and buildings $1.3m
- Persis Drell - provost - $1.3m
- Debra Zumwalt - VP general counsell - $1.1m

https://bondholder-information.stanford.edu/sites/g/files/sbiybj21416/files/media/file/stanford-form-990-fy20.pdf

the document has more details on the various categories of pay (base, bonus & incentives, deferred comp, retirement, non-taxable benefits, and other as well as a discussion on pay for med school, development office, investment office, athletics professionals, and officers and others

Where are Haase and Tara?

Mick Cronin, Dana Altman, and Andy Enfield all make $3-4M a year, and even Mark Fox at Cal makes $1.5M. What does our guy make???

Meanwhile, as of a few years ago, I saw $2.3M for Tara. Why isn't she on this list?

RE: Shaw's salary in the news again - 82lsju - 02-07-2022

(02-07-2022, 01:18 PM)SamuelMcF Wrote:  
(02-07-2022, 12:59 PM)PVTree Wrote:  in the 2020 form 990 I count 14 making more than $1m

- Shaw - $8.9m
- Robert Wallace - CEO of SMC - $4.6m
- Frank Hanley - chief ped cardiothoraric - $3.7m
- Greg Milani - SR. MD, SMC, THROUGH 7/9/2019 - $3.3m
- Yiping Woo - PROF. & CHAIR, CARDIO SURGERY - $2.7m
- John Hennessy - PROF SOE & FORMER PRESIDENT - $2.4m
- Lloyd Minor - Dean school of medicine - $2.3m
- Martin Shell - VP and chief ERO - $1.8m
- Marc Tressier-Lavigne - $1.7m
- John Etchemendy - PROF H&S & FORMER PROVOST - $1.6m
- Randall Livingston - VP BUS AFFAIRS/CFO - $1.5m
- Robert Reidy - VP lands and buildings $1.3m
- Persis Drell - provost - $1.3m
- Debra Zumwalt - VP general counsell - $1.1m

https://bondholder-information.stanford.edu/sites/g/files/sbiybj21416/files/media/file/stanford-form-990-fy20.pdf

the document has more details on the various categories of pay (base, bonus & incentives, deferred comp, retirement, non-taxable benefits, and other as well as a discussion on pay for med school, development office, investment office, athletics professionals, and officers and others

Where are Haase and Tara?

Mick Cronin, Dana Altman, and Andy Enfield all make $3-4M a year, and even Mark Fox at Cal makes $1.5M. What does our guy make???

Meanwhile, as of a few years ago, I saw $2.3M for Tara. Why isn't she on this list?

Tara was in one 990 a few years ago but that's the only time I have seen her listed and I vaguely recall it was because her new contract that year got her in the top five paid list.  I have not seen Haase listed.  I'm also not a tax lawyer or accountant so don't know the exact rules for being listed as "Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees".   

There are two lists in the 990, one on page 8-11 and another on pages 94-95 of the PDF, the first one also includes trustees (who got paid $0)

You appear to have to list the top five paid employees, then the others are officers, trustees, and key employees, I could see Tara and Haase not making the list as key employees (there appear to be instruction for what a "key employee" is but it is not included in the 990) so they would not have to be listed.  Page 8 only lists two "key employees" (Wallace and Minor) so that's why I think they are not listed

from page 8 of the PDF

a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization's tax year. 

Helton and Enfield are in the USC 990 as they are were the second and third highest paid USC employees so had to be listed

https://projects.propublica.org/nonprofits/display_990/951642394/05_2021_prefixes_94-95%2F951642394_202006_990_2021052618209075