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June 4th, 2007

Prof's record 142G pay hike

Abstract:
THE State University has secretly granted the largest pay raise in public payroll history - an eye-popping $141,995-a-year - to a little-known, Ferrari-driving professor who is already the highest-paid official in New York, The Post has learned.

It was revealed earlier that Dr. Alain Kaloyeros, the head of SUNY's state-of-the-art College of Nanoscale Science and Technology in Albany, was earning $525,000-a-year.

Then last week, SUNY officials - without any notice to the public - granted Kaloyeros, 51, the unprecedented raise, bringing his annual state salary to $666,995.

Source:
nypost.com

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