Summary
Don't cry in your Terrible Towel, but Regis Champ, president and CEO of Allegheny Valley School, made nearly $4 million last year, making him perhaps the highest-paid nonprofit employee in the state.
Champ defended his pay, saying his actual salary was just $300,000, the same as in 2007. Another $3 million was deferred compensation for his eventual retirement, and $600,000 was payment for unused vacation and sick days, both lump sums triggered by the sale of Allegheny Valley in 2008.See the full content of this document
Extract
Allegheny Valley President: School's Sale Led to $3 Million in Deferred Compensation
B. Scott Finnell, chairman of the board of the Alliance for Children and Families, a Milwaukee-based group of 300 nonprofits providing $5 billion worth of services across the country, said as far as he knows Champ's compensation is unmatched in his group.
"I would probably be thinking about retirement i...See the full content of this document
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