Showing posts with label E. Gordon Gee.. Show all posts
Showing posts with label E. Gordon Gee.. Show all posts

Monday, September 24, 2012

Golly gee: The multimillion dollar bow tie traveler

As a college student I was told by my father that he wanted me to be, in the following  order, a car salesman, doctor or lawyer.  Being young and contrary - but not yet grumpy -  I figured that I  wanted something else for a day job.  What Dad foolishly never mentioned was that I should try to become the president of a megalopolis  otherwise known as Ohio State University. (He was a Notre Dame fan, anyway.)

I must confess that when I read that E.  Gordon Gee, the OSU president, could easily get by with the world's largest bow tie collection on his $8.6  million in salary and perks  in addition to the  $7.7 million that he's spent on travel in  his five years at OSU, I realized that some folks  have  checkbooks that never have to be balanced.

The OSU guardians of the fortress immediately offered to the Dayton Daily News investigative team that broke the story that, after all, the travel money was drawn from private donors and endowments to attract hundreds of millions of dollars in investments.  Or as a front-office spokesman  described it, "resource generation".  Do these guys ever speak  English?

There's still one question:  Can the Ohio public retirement system really afford to have Gee retire during these lean days?   The formula for his compensation would  be a lot more than $1 million.  Until the economy improves, he should be encouraged to hang around for a little longer to add to his famous bow tie collection and bow tie cookies.  It also would give us more time to find out what the "E" in his name stands for. Ego?