This post was updated at 1 p.m. to reflect approval of the raises by the full board of regents.
University of California Regents approved raises for two top UC Davis Medical Center executives today.
Chief Executive Officer Ann Madden Rice was granted a raise of nearly $259,000, bringing her compensation to $960,000 a year. UC officials said Rice was being recruited by another academic hospital that was offering her a salary of $1.5 million. The raise UC is giving her is contingent on Rice withdrawing her application from the other hospital.
Vice Chancellor Claire Pomeroy was given a raise of nearly $27,000, bringing her compensation to $664,275. UC officials praised Pomeroy for overseeing the UC Davis medical school during a period when its national rankings rose significantly and the school doubled the amount of federal research funds it takes in.
Funding for Rice's and Pomeroy's salaries comes from hospital fees, not the state's general fund.
Their raises were among about a dozen compensation items the regents approved, including raises for medical executives at the Irvine, Los Angeles, San Francisco campuses and managers of the Lawrence Berkeley National Laboratory. They also approved bonuses for Marie Berggren, UC's Chief Investment Officer, and Jack Stobo, UC's senior vice president of health sciences and services. None of those positions are paid with state funds.
The only salary they approved that is funded by state government was the appointment of Barbara Allen-Diaz to fill the position of vice president of agriculture and natural resources. She will earn $280,000, about $40,000 less than her predecessor.
Details of all the salary adjustments are available here.
PHOTO CREDIT: Ann Madden Rice
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