Thursday, March 16, 2006

UC President Offers Regents Steps to Regain Control of Pay Practices

By Rebecca Trounson, Times Staff Writer
March 16, 2006

University of California President Robert C. Dynes, under fire for an executive compensation controversy at the public university, on Wednesday announced steps aimed at strengthening controls over UC pay practices and reiterated his commitment to fixing the problems.

Addressing UC's Board of Regents at the beginning of a two-day meeting at UCLA, a somber-looking Dynes said he was "intent on … tightening up the system so the things that have happened do not happen again."

The university is facing a number of investigations into its compensation policies and practices, after media reports that it has spent millions of dollars in recent years on bonuses and other perquisites for top administrators without fully disclosing that spending. During the same period, UC has repeatedly raised student fees.

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