Vanderbilt’s soon to be former chancellor Gordon Gee says that Ohio State is his real home. But in hiring the guy who’s held more university presidencies than any other American — this will be his sixth since 1981 — Ohio State has figured out that long-term incentives are a good idea:
Board Chairman G. Gilbert Cloyd said Mr. Gee’s contract is still evolving. But a draft of that contract calls for a base annual salary of $775,000. He would receive an additional $225,000 a year if he stays beyond five years.