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Lehman Compensated $785K After Cornell Presidency
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After stepping down as Cornell’s 11th president, Jeffrey S. Lehman ’77, who left office under controversial circumstances, was compensated $785,518 for the 2005-06 fiscal year — over $75,000 more than then-Interim President Hunter R. Rawlings III.
Compensation includes salary and benefit packages, as reported in 990 forms the IRS requires tax-exempt entities to fill out yearly; under IRS regulations, the Form 990 must be released to organizations that request it. (The Form 990 is available for download at the end of the article.)
Lehman, the only Cornell alum to hold the office of president, announced his resignation during the State of the