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Top Salaries at MIT for 2003...2004

Top Salaries at MIT for 2003–2004

Name Title Compensastion Percent Increase
Charles M. Vest President $661,882* 3.5
Allan S. Bufferd ’59 Treasurer $567,539 -11.5
Robert A. Brown Provost $506,128 19.1**
John R. Curry Executive Vice President $451,843 3.7
Donald R. Lessard Deputy Dean, Professor of Management $447,594 22.8
Thomas L. Magnanti Dean of Engineering $433,301 9.6
Richard Schmalensee ’65 Dean of Sloan School $428,295 4.2
David L. Briggs Director of Lincoln Laboratory $414,050 9.6
Steven D. Eppinger Deputy Dean, Sloan School $359,714 N/A
Phillip L. Clay PhD ’75 Chancellor $268,375 3.2
Katherine A. Willmore Vice President, Secretary of the Corporation $237,798 3.9
Dana G. Mead PhD ’67 Chairman of the Corporation $194,707 N/A

Salaries include compensation and benefits for the fiscal year of 2004, the most recent available. The percent increase is from the previous fiscal year. The salaries include MIT’s executive officers and top five highest-paid employees. Eppinger and Mead were not listed in FY 2003, although Mead’s predecessor as corporation chairman, Alexander V. D’Arbeloff, received the comparable amount of $194,565.

*Does not include $8,060 from an expense account, which compares to $8,094 in fiscal year 2003..

**Brown received $44,100 from a Children’s Scholarship Benefit that he did not receive in fiscal year 2003.

Source—MIT IRS 990 FORM