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REGENTS RETHINK EXEC PERKS:


The UC Board of Regents grappled with hidden executive compensation packages last week, passing several measures designed to make pay packages more transparent beyond the disclosure of salaries, including such perks as car allowances, stipends, and various bonuses. Regent Judith Hopkinson, an outspoken advocate for greater transparency, noted that luxury perks were more often a source of political embarrassment for the UC campuses with medical programs, which UCSB does not have. She also noted that execs in the UC system were paid, on average, 17 percent less than executives at comparably prestigious educational systems.

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