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HBS Dean Nohria Paid Less Than Wharton Dean

Harvard Business School Dean Nitin Nohria

Harvard Business School Dean Nitin Nohria

Harvard Business School Dean Nitin Nohria remaind Harvard University’s highest paid dean, receiving a total of $727,365 in salary and benefits in 2014. That’s nearly a 10% increase on his year-earlier compensation package of $662,054.

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.

HBS professor Paul Healy is among the highest paid faculty members at Harvard University

HBS professor Paul Healy is among the highest paid faculty members at Harvard University

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.

About The Author

John A. Byrne is the founder and editor-in-chief of C-Change Media, publishers of Poets&Quants and four other higher education websites. He has authored or co-authored more than ten books, including two New York Times bestsellers. John is the former executive editor of Businessweek, editor-in-chief of Businessweek. com, editor-in-chief of Fast Company, and the creator of the first regularly published rankings of business schools. As the co-founder of CentreCourt MBA Festivals, he hopes to meet you at the next MBA event in-person or online.