Richard Joel Scores $1.6M Payout Amid Deep Yeshiva Fiscal Crisis
As his college’s finances continued to crumble last year, Yeshiva University’s president, Richard Joel publicly took a pay cut. Then months later, he privately pocketed a deferred compensation payment of $1.6 million. That payout took Joel’s total compensation for 2014 to $2.8 million, among the highest packages for college presidents nationwide. But unlike most of…