{"id":73154,"date":"2026-02-25T18:26:33","date_gmt":"2026-02-25T23:26:33","guid":{"rendered":"https:\/\/bridgemi.com\/?p=73154"},"modified":"2026-02-25T18:44:05","modified_gmt":"2026-02-25T23:44:05","slug":"total-compensation-for-wsus-new-president-to-reach-1-2-million-contract-shows","status":"publish","type":"post","link":"https:\/\/bridgemi.com\/talent-education\/total-compensation-for-wsus-new-president-to-reach-1-2-million-contract-shows\/","title":{"rendered":"Total compensation for WSU\u2019s new president to reach $1.2 million, contract shows"},"content":{"rendered":"\n<ul class=\"wp-block-list\">\n<li><strong>WSU\u2019s new president will earn nearly $1.2 million in total compensation, his contract shows<\/strong><\/li>\n\n\n\n<li><strong>If he completes his 4.3-year contract, he will earn a bonus, pushing his total compensation to nearly $1.3 million<\/strong><\/li>\n\n\n\n<li><strong>The package is not \u2018extraordinary\u2019 among presidents serving similar public universities but \u2019richer\u2019 than the contract awarded to the previous president<\/strong><\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-wide\"\/>\n\n\n\n<p>Wayne State University will pay<strong> <\/strong>newly appointed President Richard Bierschbach a $795,000 base salary, but additional compensation built into his employment contract will boost his total yearly earnings to approximately $1.2 million, according to an expert.<\/p>\n\n\n\n<p>Bierschbach\u2019s employment contract, released Wednesday, includes compensation beyond the base pay, according to George Mason University professor emeritus James Finkelstein:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>A target performance bonus of $75,000<\/li>\n\n\n\n<li>A carryover interim bonus of $25,000<\/li>\n\n\n\n<li>Retirement compensation of $104,500<\/li>\n\n\n\n<li>Deferred compensation of $125,000<\/li>\n\n\n\n<li>A car allowance of $9,000<\/li>\n\n\n\n<li>An allowance for spousal travel of up to $20,000.<strong>&nbsp;<\/strong><\/li>\n<\/ul>\n\n\n\n<p>It also includes a $400,000 bonus if he serves 4.3 years through June 2030, the end of his contract. If Bierschbach completes his tenure, that bonus breaks down to approximately $95,000 annually, meaning his earnings could reach up to $1.3 million annually, said Finkelstein, who studies presidential contracts and analyzed Bierschbach\u2019s contract at the request of Bridge Michigan.<\/p>\n\n\n\n<p>Base salary for a university president is not as meaningful as total compensation because universities boards find ways to \u201chide\u201d compensation throughout an employment contract, said Finkelstein.&nbsp;<\/p>\n\n\n\n<p><strong>Related: <\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/bridgemi.com\/talent-education\/wsu-to-elevate-interim-president-richard-bierschbach-to-permanent-post\/\"><strong>WSU appoints interim president to permanent post without interviewing other candidates<\/strong><\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/bridgemi.com\/talent-education\/u-m-presidents-compensation-may-hit-3m-per-year-base-pay-could-set-record\/\"><strong>U-M president\u2019s compensation may hit $3M per year, base pay could set record<\/strong><\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/bridgemi.com\/talent-education\/wayne-state-president-leaves-with-bargain-settlement-of-760k-plus-health-care\/\"><strong>Wayne State president leaves with \u2018bargain\u2019 settlement of $760K, plus health care<\/strong><\/a><\/li>\n<\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignright size-large\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"683\" height=\"1024\" data-attachment-id=\"73156\" data-permalink=\"https:\/\/bridgemi.com\/talent-education\/total-compensation-for-wsus-new-president-to-reach-1-2-million-contract-shows\/attachment\/022426-bierschbach_vertical-portrait_courtesy\/\" data-orig-file=\"https:\/\/i0.wp.com\/bridgemi.com\/wp-content\/uploads\/2026\/02\/022426-Bierschbach_vertical-portrait_courtesy-scaled.jpg?fit=1707%2C2560&amp;ssl=1\" data-orig-size=\"1707,2560\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"022426-Bierschbach_vertical portrait_courtesy\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Richard Bierschbach was named Wayne State\u2019s 14th president after serving as interim chief since September and dean of the WSU law school for eight years. (Courtesy of Wayne State University)&lt;\/p&gt;\n\" data-medium-file=\"https:\/\/i0.wp.com\/bridgemi.com\/wp-content\/uploads\/2026\/02\/022426-Bierschbach_vertical-portrait_courtesy-scaled.jpg?fit=200%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/bridgemi.com\/wp-content\/uploads\/2026\/02\/022426-Bierschbach_vertical-portrait_courtesy-scaled.jpg?fit=683%2C1024&amp;ssl=1\" src=\"https:\/\/i0.wp.com\/bridgemi.com\/wp-content\/uploads\/2026\/02\/022426-Bierschbach_vertical-portrait_courtesy.jpg?resize=683%2C1024&#038;ssl=1\" alt=\"vertical shot of a man standing in front of a window with arms crossed\" class=\"wp-image-73156\" srcset=\"https:\/\/i0.wp.com\/bridgemi.com\/wp-content\/uploads\/2026\/02\/022426-Bierschbach_vertical-portrait_courtesy-scaled.jpg?resize=683%2C1024&amp;ssl=1 683w, https:\/\/i0.wp.com\/bridgemi.com\/wp-content\/uploads\/2026\/02\/022426-Bierschbach_vertical-portrait_courtesy-scaled.jpg?resize=200%2C300&amp;ssl=1 200w, https:\/\/i0.wp.com\/bridgemi.com\/wp-content\/uploads\/2026\/02\/022426-Bierschbach_vertical-portrait_courtesy-scaled.jpg?resize=768%2C1151&amp;ssl=1 768w, https:\/\/i0.wp.com\/bridgemi.com\/wp-content\/uploads\/2026\/02\/022426-Bierschbach_vertical-portrait_courtesy-scaled.jpg?resize=1024%2C1536&amp;ssl=1 1024w, https:\/\/i0.wp.com\/bridgemi.com\/wp-content\/uploads\/2026\/02\/022426-Bierschbach_vertical-portrait_courtesy-scaled.jpg?resize=1366%2C2048&amp;ssl=1 1366w, https:\/\/i0.wp.com\/bridgemi.com\/wp-content\/uploads\/2026\/02\/022426-Bierschbach_vertical-portrait_courtesy-scaled.jpg?resize=1200%2C1799&amp;ssl=1 1200w, https:\/\/i0.wp.com\/bridgemi.com\/wp-content\/uploads\/2026\/02\/022426-Bierschbach_vertical-portrait_courtesy-scaled.jpg?resize=2000%2C2999&amp;ssl=1 2000w, https:\/\/i0.wp.com\/bridgemi.com\/wp-content\/uploads\/2026\/02\/022426-Bierschbach_vertical-portrait_courtesy-scaled.jpg?resize=780%2C1169&amp;ssl=1 780w, https:\/\/i0.wp.com\/bridgemi.com\/wp-content\/uploads\/2026\/02\/022426-Bierschbach_vertical-portrait_courtesy-scaled.jpg?resize=400%2C600&amp;ssl=1 400w, https:\/\/i0.wp.com\/bridgemi.com\/wp-content\/uploads\/2026\/02\/022426-Bierschbach_vertical-portrait_courtesy-scaled.jpg?w=1707&amp;ssl=1 1707w, https:\/\/i0.wp.com\/bridgemi.com\/wp-content\/uploads\/2026\/02\/022426-Bierschbach_vertical-portrait_courtesy-683x1024.jpg?w=370&amp;ssl=1 370w\" sizes=\"auto, (max-width: 683px) 100vw, 683px\" \/><figcaption class=\"wp-element-caption\">Richard Bierschbach was named Wayne State\u2019s 14th president after serving as interim chief since September and dean of the WSU law school for eight years. (Courtesy of Wayne State University)<\/figcaption><\/figure>\n<\/div>\n\n\n<p>Even so, Bierschbach\u2019s total compensation package does not stand out amid other presidents serving similar public universities across the nation, said Finkelstein.<\/p>\n\n\n\n<p>\u201cIn today\u2019s world, where we are seeing presidential contracts for flagship universities routinely ranging from $2-3 million, for an institution like Wayne State, it\u2019s nothing extraordinary,\u201d said Finkelstein. \u201cA million dollar (compensation package) is starting to become increasingly common among R1 (high research) universities that have substantial enrollments.\u201d<\/p>\n\n\n\n<p>Heads start to turn when public universities compensate presidents with $2-3 million, Finkelstein said, like University of Michigan recently did in an employment contract with President-elect Kent Syverud.&nbsp;<\/p>\n\n\n\n<p>The current total compensation package of MSU President Kevin Guskiewicz was not immediately known. But a university spokesperson said his base salary as of October was $1,029,210.<\/p>\n\n\n\n<p>\u201cIt\u2019s fair for the university and for him,\u201d Sunny Reddy, a member of the WSU board, said of Bierschbach\u2019s compensation.<\/p>\n\n\n\n<p>The WSU Board of Governors this week appointed Bierschbach as the university\u2019s 14th president after he had served for eight years as dean of the WSU law school and stepped up last September to serve as interim president following the resignation of former President Kimberly Andrews Espy.<\/p>\n\n\n\n<p>In an unusual move, the board hired Bierschbach without interviewing any candidates, when experts say that 92% of public and private universities hire a firm to conduct a national search. WSU officials said they were trying to save university resources and listening sessions revealed that the WSU community was seeking traits in a president that matched those of Bierschbach.<\/p>\n\n\n\n<p>As dean of the law school, Bierschbach earned $569,000; his pay increased to $769,000 as interim president, according to WSU spokesperson Matt Lockwood.<\/p>\n\n\n\n<p>In comparison to the original contract of Espy, WSU\u2019s first female president, Bierschbach\u2019s contract \u201cis meaningfully richer across nearly every major compensation dimension,\u201d Finkelstein said.<\/p>\n\n\n\n<p>His base salary is approximately $105,000 higher than Espy\u2019s; his target bonus is nearly double ($75,000 vs. $40,000), and it starts immediately rather than in a second contract year.<\/p>\n\n\n\n<p>His deferred compensation is $36,500 higher than Espy\u2019s and then escalates automatically with salary increases \u2014 a structural advantage that grows over time. Espy did not have a completion bonus.<\/p>\n\n\n\n<p>\u201cThose differences are not trivial,\u201d Finkelstein said. \u201cThey materially raise the overall compensation profile.<\/p>\n\n\n\n<p>Several things stood out in Bierschbach\u2019s contract, Finkelstein said.<\/p>\n\n\n\n<p>Among the most unusual, he said, is a summer salary enhancement embedded in his contract as dean.<\/p>\n\n\n\n<p>\u201cThe contract amends his law faculty appointment to increase his post-presidential summer stipend from 20% to 30% of his nine-month faculty salary,\u201d said Finkelstein. \u201cFor a law professor at his salary level, that effectively converts him from a nine-month to a twelve-month employee after the presidency ends \u2014 a benefit that has nothing to do substantively with the presidency itself. That is not something you typically see in public university presidential contracts\u201d<\/p>\n\n\n\n<p>&nbsp;Also unusual are terms outlining dismissal for cause and his tenure.<\/p>\n\n\n\n<p>He automatically loses his tenure rights only under one of the six grounds for cause.&nbsp;<\/p>\n\n\n\n<p>\u201cIf he is fired for any of the other five reasons, the university would be required to follow the separate process outlined in Board of Governors Code Section 2.51.01 to terminate his tenure rights,\u201d said Finkelstein. \u201cIncreasingly, we are seeing contracts that terminate tenure rights for any termination for cause.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>WSU\u2019s 14th president landed a contract that has a few unusual provisions, an expert said. But a board member called it fair for both sides.<\/p>\n","protected":false},"author":1813,"featured_media":66731,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","inline_featured_image":false,"apple_news_api_created_at":"2026-02-25T23:26:38Z","apple_news_api_id":"338ea493-c68f-48b4-b60c-062fbae677b1","apple_news_api_modified_at":"2026-02-25T23:44:10Z","apple_news_api_revision":"AAAAAAAAAAAAAAAAAAAABA==","apple_news_api_share_url":"https:\/\/apple.news\/AM46kk8aPSLS2DAYvuuZ3sQ","apple_news_cover_media_provider":"image","apple_news_coverimage":0,"apple_news_coverimage_caption":"","apple_news_cover_video_id":0,"apple_news_cover_video_url":"","apple_news_cover_embedwebvideo_url":"","apple_news_is_hidden":"","apple_news_is_paid":"","apple_news_is_preview":"","apple_news_is_sponsored":"","apple_news_maturity_rating":"","apple_news_metadata":"\"\"","apple_news_pullquote":"","apple_news_pullquote_position":"","apple_news_slug":"","apple_news_sections":[],"apple_news_suppress_video_url":false,"apple_news_use_image_component":false,"_newspack_byline_active":false,"_newspack_byline":"","newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false},"categories":[2454],"tags":[565,51],"newspack_spnsrs_tax":[],"coauthors":[4267],"class_list":["post-73154","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-talent-education","tag-detroit","tag-michigan-colleges-and-universities","entry"],"apple_news_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Total compensation for WSU\u2019s new president to reach $1.2 million, contract shows - Bridge Michigan<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bridgemi.com\/talent-education\/total-compensation-for-wsus-new-president-to-reach-1-2-million-contract-shows\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Total compensation for WSU\u2019s new president to reach $1.2 million, contract shows - Bridge Michigan\" \/>\n<meta property=\"og:description\" content=\"WSU\u2019s 14th president landed a contract that has a few unusual provisions, an expert said. But a board member called it fair for both sides.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bridgemi.com\/talent-education\/total-compensation-for-wsus-new-president-to-reach-1-2-million-contract-shows\/\" \/>\n<meta property=\"og:site_name\" content=\"Bridge Michigan\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/BridgeMichigan\/\" \/>\n<meta property=\"article:published_time\" content=\"2026-02-25T23:26:33+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-02-25T23:44:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/bridgemi.com\/wp-content\/uploads\/2025\/09\/wayne-state-shutterstock.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Kim Kozlowski\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@bridgemichigan\" \/>\n<meta name=\"twitter:site\" content=\"@bridgemichigan\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kim Kozlowski\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/bridgemi.com\/talent-education\/total-compensation-for-wsus-new-president-to-reach-1-2-million-contract-shows\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/bridgemi.com\/talent-education\/total-compensation-for-wsus-new-president-to-reach-1-2-million-contract-shows\/\"},\"author\":{\"name\":\"Kim Kozlowski\",\"@id\":\"https:\/\/bridgemi.com\/#\/schema\/person\/25a5768e6d673bee9731a33f54c6530d\"},\"headline\":\"Total compensation for WSU\u2019s new president to reach $1.2 million, contract shows\",\"datePublished\":\"2026-02-25T23:26:33+00:00\",\"dateModified\":\"2026-02-25T23:44:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/bridgemi.com\/talent-education\/total-compensation-for-wsus-new-president-to-reach-1-2-million-contract-shows\/\"},\"wordCount\":847,\"publisher\":{\"@id\":\"https:\/\/bridgemi.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/bridgemi.com\/talent-education\/total-compensation-for-wsus-new-president-to-reach-1-2-million-contract-shows\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/bridgemi.com\/wp-content\/uploads\/2025\/09\/wayne-state-shutterstock.jpg?fit=1920%2C1080&ssl=1\",\"keywords\":[\"Detroit\",\"Michigan colleges and universities\"],\"articleSection\":[\"Talent &amp; 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