Wake Forest University President Nathan Hatch received $4,004,617 in 2015, making him the most highly compensated university president in the country that year.
That's according to data released by the Chronicle of Higher Education. His compensation included a payment of $2.89 million as a perk for leading the school for ten years. His base salary is $839,944.
Head of the university’s governing board Donna Boswell says Hatch’s compensation “over the course of his tenure reflects his exceptional leadership and has paid dividends for the University.” She said he’s helped lead a $795 million fundraising effort. In 2014, Hatch’s total compensation was $1,084,511.
In 2015, two other presidents from North Carolina were paid more than $1 million. Duke University’s Richard Brodhead received $1,257,980 and High Point University’s Nido Qubein was paid $1,080,026.