REGENTS RETHINK EXEC PERKS:

Thu Mar 23, 2006 | 12:00pm

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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