New chancellor could make $1.5M overseeing district for Michigan's troubled schools [View All]

[proud2BlibKansan]

The first chancellor of the new statewide special district for Michigan's lowest-performing schools could receive more than $1.5 million in salary and bonuses over his four-year contract, if he meets all performance targets.

John Covington, the departing superintendent of the Kansas City, Mo., School District, will be paid a $175,000 signing bonus and a $225,000 salary his first year as leader of the new Education Achievement Authority.

His base salary grows to $325,000 in the second year. And if he meets yet-to-be-determined goals, he could make more than $425,000 in each of the last two years of the contract.

As a comparison, the top salary for superintendents of the nation's largest districts ranged up to $329,000 last year, according to a study by the Washington-based Council of the Great City Schools.


more . . .
http://www.freep.com/article/20110830/NEWS01/108300375/1001/news