Volume 126 >> Issue 56 : Tuesday, November 28, 2006

Top Salaries at MIT From 2004...2005

Name	Title	Compensation	Percent Increase
Charles M. Vest	Outgoing President	$680,927*	2.9
Susan Hockfield	Incoming President	$622,205	N/A
Donald R. Lessard	Professor, Sloan School	$594.461	32.8
Allan S. Bufferd ’59	Treasurer	$538,771	-5.1
Gabriel R. Bitran PhD ’75	Deputy Dean, Professor, Sloan School	$537,063	N/A
Richard M. Locke PhD ’89	Professor, Sloan School	$509,449	N/A
Robert A. Brown	Provost	$476,705**	-5.8
Rebecca M. Henderson ’81	Professor, Sloan School	$474,667	N/A
Charles H. Fine	Professor, Sloan School	$474,480	N/A
John R. Curry	Executive Vice President	$460,296	1.9
Phillip L. Clay PhD ’75	Chancellor	$269,812	0.5
Kathryn A. Willmore	Vice President, Secretary of the Corporation	$241,198	1.4
Dana G. Mead PhD ’67	Chairman of the Corporation	$227,367	16.8

Salaries include compensation and benefits for fiscal year 2005, 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. Hockfield, Bitran, Locke, Henderson, and Fine were not listed in the top salaries in FY 2004.

* Does not include $8,099 from an expense account, which compares to $8,060 in FY 2004.

** Includes $30,600 from a standard Children’s Scholarship benefit. Brown received $44,100 in FY 2004.

Source—MIT IRS 990 FORM