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Aviv Ovadya—The Tech
A macroburst, a large downdraft of hurricane force winds, hit the Esplanade during Sunday’s tumultuous thunderstorm. Over 30 trees sustained significant damage and cleanup crews were brought in to remove the debris.
2008 Top Salaries at MIT
Because of changes in IRS regulations, this data is for calendar year 2008, but the previously reported data were for fiscal years ending June 30.
As a result, this year’s CY08 12-month period overlaps by 6 months with the FY08 12-month period.
This data is for calendar year 2008, from Jan. 1, 2008 through Dec. 31, 2008, and comes from MIT’s IRS Form 990, the tax return for charities, which was filed May 13, 2010 for tax year 2008. “Paid compensation” is the sum of “base compensation,” “bonus & compensation,” and “other reportable compensation,” as reported on Schedule J-1 of the 990. “Total compensation” is the total reported on that form, which includes “deferred compensation” and “nontaxable benefits.”
As noted above the chart, CY08 data overlaps with previously reported FY08 data, so percentage (%) and difference (∆) between FY08 and CY08 may not be meaningful.
Form 990 includes compensation to current and former “officers, directors, trustees, and key employees” as well as the “five highest compensated employees” (§), of whom Prof. Richard M. Locke is the lowest-compensated. Therefore, the list beneath Locke is not comprehensive.
* President Hockfield’s CY08 paid compensation includes a $100,000 benefit paid into an account that is inaccessible to her. Because of a change in IRS rules, in prior years that $100,000 was reported as “deferred compensation.” The FY08 to CY08 % and ∆ columns have been adjusted to add $100,000 to the FY08 figure.
Hockfield’s reported total compensation in CY08 also includes $70,000 to account for her use of Gray House, the presidential residence. IRS rule changes require MIT to include that $70,000 where it had previously not been reported, but it does not represent a change in her compensation.
† Seth Alexander’s and Steven Marsh’s compensation do not include $118,750 and $59,280 of incentive compensation, respectively, which are based on the performance of MIT’s endowment, and whose value may change. Mr. Marsh also received an additional $62,500 from the MIT Private Equity Management Company III, LLC.
Professors Repenning, Lessard, and Locke appear here because of their participation in the Sloan School of Management’s Executive Education program, see http://mitsloan.mit.edu/execed/. $340,673 of Lessard’s compensation is from Executive Education, as is $534,100 of Repenning’s. Locke’s $284,407 includes not only Executive Education, but also summer session teaching and the Jamieson Prize for excellence in teaching.
** Paul Gray’s $301,724 compensation was previously reported in FY08, but it is the same payment reported in both years’ Form 990, according to the Office of the Vice President for Finance.
‡ R. Gregory Morgan and Jeffrey Newton took their positions during FY07, [during which they only received a fraction of their annual copmensation], so their increases in compensation from FY07 to FY08 appear comparatively large.

Schedules J, J-1, and J-2 of Form 990, from which this data are based, are available at http://tech.mit.edu/V130/N28/topsalaries/.
Elijah Mena—The Tech
President Barack Obama formally nominated Subra Suresh ScD ’81, Dean of MIT’s School of Engineering, to be the next director of the National Science Foundation last Wednesday. If confirmed by the Senate, Dean Suresh will serve as director of the NSF for the next six years.
Courtesy of Yasheng Huang
MIT Sloan Professor Yasheng Huang gave The Tech an exclusive interview regarding the recent Foxconn suicides and the Honda strikes in China, what they mean for the Chinese factory model, and how MIT can help China move forward.
John A. Hawkinson—The Tech
Wolfe B. Styke ’10 testifies on the opening day of the Commonwealth v. Anna Tang on Friday. Tang, a former Wellesley student, stabbed Styke while he was sleeping in his dormitory room at Next House in October 2007. The trial will resume on Monday morning in the Middlesex District Court at 200 Tradecenter in Woburn, MA.
Elijah MEna—The Tech
Family of graduating seniors watch a live stream of the Commencement exercises in room 2-105 on June 4. A live video webcast was provided by the MIT Academic Media Production Services.
Eric D. Schmiedl—The Tech
Lady Gaga, pop singer and recording artist, signs autographs for fans before departing from the back entrance of the MIT Museum on Wednesday afternoon.
Elijah Mena—The Tech
Raymond S. Stata ’57 speaks to graduates of the class of 2010 during the 144th Commencement in Killian Court on June 4. In his keynote address, Stata shared insights about entrepreneurship and business management.
Elijah Mena—The Tech
Graduates of the Class of 2010 display their decorated mortarboards during Commencement on June 4 in Killian Court. Other creative designs included a pair of stuffed beavers and a camera.
Eric D. Schmiedl—The Tech
Earlier Wednesday, Lady Gaga posed for a 20- by 24-inch Polaroid picture, which will remain on permanent display at the museum. This past January, Gaga was named creative director for Polaroid corporation, which was originally founded in Cambridge in 1937.
Although Gaga left before the official museum event began, Polaroid’s corporate president, CEO, chief marketing officer, and the museum’s curator each addressed a crowd of press and pre-selected MIT students regarding their plans for the Polaroid Archive. The archive was donated to the museum’s permanent collection earlier this year, and includes roughly 10,000 items, spanning roughly 70 years of Polaroid technological history.
Elijah Mena—The Tech
An alumnus of the Class of 1960 attends Commencement 2010 in Killian Court on June 4. Commencement also coincided with Reunion week.
Feng Wu—The Tech
Family and friends of the Class of 2010 filled Killian Court to watch Commencement festivities. A total of 912 undergraduate students and 1443 graduate students received their diplomas on Friday.
Elijah Mena—The Tech
The Class of 2010 graduates listen as Raymond S. Stata ’57 gives the keynote speech at Commencement in Killian Court on June 4. Stata, founder of Analog Devices, told students, “As MIT graduates, we are all innovators and entrepreneurs at heart. We search for opportunities to do things better, to make things happen and to change the world.”