Even so, Nohria has been paid less money the dean of the University of Pennsylvania’s Wharton School. In fiscal 2014, then Wharton Dean Thomas Robertson received $771,956 in total compensation–nearly $50,000 a year more than the Harvard Business School dean. If Wharton is now paying Robertson’s successor, Geoffrey Garrett, the same amount, he would still be making more than Nohria.
Nohria’s pay was disclosed in a 990 tax filing with the Internal Revenue Service, according to The Harvard Crimson, the student newspaper for the university. Because of a lag in reporting, IRS filings have not yet been made public for last year.
TWO HBS FACULTY MEMBERS AMONG HIGHEST PAID PROFESSORS AT HARVARD UNIVERSITY
The Crimson reported that Michael D. Smith, dean of Harvard’s Faculty of Arts and Sciences, took home $683,395 in salary and benefits—a pay jump of about $189,000 from 2013. Both Nohria and Smith outearned outgoing Harvard Medical School Dean Jeffrey S. Flier.
Though the highest paid professor at Harvard was at the medical school, Scott G. Kennedy, at least two business school professors were among the highest earning employees of the university, requiring their pay to be disclosed in the filing.Vilangadu G. Narayanan, a management accounting professor who is also chair of HBS’ elective curriculum, and Paul M. Healy, a finance professor who is also senior associate dean for faculty development, earned $638,940 and $606,618, respectively. The Medical School’s Scott Kennedy outearned both HBS profs, taking down compensation of $646,280, including significant bonuses.
University President Drew G. Faust took home $1.2 million in 2014, about $91,000 more than she received in the previous year. The Crimson said that her compensation includes $810,884 in salary and $153,460 in benefits such as her residence at 33 Elmwood Ave. in Cambridge, according to recent Internal Revenue Service tax filings.