Ann Arbor Area Community News
Dr. Robert Kelch, the UMich Executive Vice President for Medical Affairs (UMHS and hospital) currently received the highest base salary at the University – $656,910, plus a $500,000 after-tax bonus if he stays with the U through 2008. But apparently that’s not enough – the Regents have approved an additional $500,000 after-tax bonus for Kelch to stay on through 2009 – effectively boosting his 2009 salary to the range of $1.2 million, plus whatever the taxes on $500k are.
What was the competing offer that required a $1.5 million salary to keep Kelch on?
At a regular faculty meeting Monday, Coleman said keeping Kelch for an extra year was an important priority for her. “I had to beg and plead for him to stay one more year,’‘ she said. “He’s looking forward to his retirement with his grandchildren.’‘
Not bad work, if you can get it.
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