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.”