Newly hired Glendale Community College interim President Jim Riggs will earn a base salary of $220,000 during his one-year stint on campus, according to the terms of his contract released this week.
When adding in a number of allowances — including $30,000 for housing, $9,600 for vehicle expenses and $2,400 for his cellphone — his total compensation grows to $262,000.
It is significantly higher than that of his predecessor, Dawn Lindsay, who announced in April that she had accepted the top job at a community college in her native Maryland.
During the 2010-11 academic year, Lindsay earned a base salary of $195,430. The following year, she and the rest of the management staff accepted a 5% pay cut as the college worked to reduce expenditures.
Riggs was formally introduced to the Glendale community Monday at a special board meeting, during which college trustees voted unanimously to approve the new president’s contract. Board President Armine Hacopian said she believes his expertise in organizational development will be particularly valuable.