Wednesday, September 20, 2023

Webster University leaders get raises as the school loses millions of dollars - Steph Kukuljan - St. Louis Post-Dispatch

Even as Webster University was losing tens of millions of dollars a year, its top leaders received five-figure raises, boosting their pay to among the St. Louis region’s highest-paid college leaders. Newly obtained financial records show that the university lost more than $128 million over the past decade, including $25 million in each of the past two reported years. Documents also show that university Chancellor Beth Stroble now makes just under $1 million a year, more than double what she made a decade ago as president. University President Julian Schuster, who oversees the local campuses, makes more than $850,000 a year, more than double what he made as provost a decade ago.