Posted on 09/22/2006 9:27:53 AM PDT by NormsRevenge
SAN FRANCISCO The University of California's regents took further steps Thursday to try to resolve its long-running controversy over executive compensation, in many cases by giving retroactive approvals for deals previously granted without the required board signoff or disclosure.
The corrective actions came in response to several audits last spring that detailed scores of instances in which UC leaders had failed to follow their own policies in granting additional pay or benefits to top managers. In most, the extras were provided without explicit regent approval.
Those audits followed media reports that the university system had given millions in bonuses, housing allowances and other perks to its senior managers, even as it repeatedly raised student fees.
The regents spent much of their meeting at UC San Francisco on Thursday grappling with continuing fallout from the compensation controversy. They were briefed by UC President Robert C. Dynes and Provost Wyatt R. Hume on the progress of reforms, including plans to tighten internal controls and strengthen oversight of travel and entertainment expenses.
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In April, a task force of business and academic leaders urged the regents to adopt tighter limits on administrators serving on such panels and on paid administrative leaves for departing chancellors and others.
Among the cases that drew criticism was the decision by Dynes to grant former UC Provost M.R.C. Greenwood a year's leave at her $300,000-a-year salary after she resigned during a conflict-of-interest investigation.
Also still to be resolved by the regents is the question of how to discipline those who authorized such policy exceptions without the knowledge or approval of the board. Many were granted by Dynes or his predecessors.
(Excerpt) Read more at latimes.com ...
And yet they'll continue to raise tuition to cover the waste in the UC while still allowing free tuition to illegals.
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