Drexel Gives President Fry a Five-year Contract

In the middle of a major capital campaign that could reach $900 million, Drexel University recently gave its entrepreneurial president, John A. Fry, a second five-year contract, running to August 2020. The board of trustees unanimously approved the pact Sept. 30, said trustees chairman Richard Greenawalt. Fry received a boost in pay for good performance, Greenawalt said, but declined to provide the amount. Drexel, like most private colleges, does not release pay until it becomes public on tax forms. In 2013-14, Fry received $1.5 million in total compensation.

・ From Philadelphia Inquirer