Get sick, get well
Hang around a ink well
Ring bell, hard to tell
If anything is goin' to sell
-- Bob Dylan

Monday, December 19, 2011

Can Chicago schools afford K12 Inc. exec salaries?

Reader J.C. (not Brizard) makes a good point. If Chicago mayor and school boss, Rahm Emanuel moves ahead with his plan to throw another large no-bid contract K12 Inc.'s way, a big chunk of that money will go towards covering boss Ron Packard's $5 million annual compensation package.

Not to mention other K12 exec salaries, including:
  • Chief financial officer Harry T. Hawks earned about $544,000 — significantly less than his 2010 package, which was worth $1.8 million.
  • George B. Hughes Jr., executive vice president of school services, received $717,000, down from $799,000 in 2010.
  • Bruce J. Davis, executive vice president of worldwide business development, earned $686,000. The company has high hopes for overseas expansion possibilities and recently bought part of a Chinese enterprise that teaches English online.
  • Chief marketing officer Celia M. Stokes earned $690,000. Stokes’s job goals included “developing branding strategies for our business units, improving marketing efficiency and developing our call center operations.”

1 comment:

  1. No school can afford this. Neither should any of up put up with it.