OSU President Michael Drake Receives $204,000 Performance Bonus
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.