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OSU President Michael Drake Receives $204,000 Performance Bonus

Michael V. Drake
Kevin Fitzsimons
The Ohio State University

Ohio State University’s Board of Trustees is very pleased with the performance of university president Michael Drake. 

In a letter to Drake, dated November 4, Board Chair Alex Shumate said the president’s performance has been “outstanding.”

On Friday the board voted to give Drake a $204,000 bonus, along with a 2 percent pay raise.  That two percent raise amounts to $16,320.  The two percent increase raises Drake’s salary to $832,320 annually, beginning September 1st.