The Forward salary survey, now in its seventh year, is an unparalleled collection and analysis of important data about who is leading the big national Jewish charities in America and what they are earning.
As Yeshiva University’s finances continued to crumble last year, Richard Joel trumpeted his plans to take a pay cut. Months later, the school’s president quietly pocketed a deferred compensation payment of $1.6 million.
The president of Yeshiva University, who has steered the flagship Modern Orthodox institution through a sex abuse scandal and an ongoing fiscal crisis, has announced that he will step down at the end of his current term.
The Yeshiva University board of trustees issued a statement in support of President Richard Joel after the undergraduate faculty overwhelmingly passed a no-confidence resolution against him.
92 U.S. universities have endowments over $1 billion. Yeshiva’s is the only one to shrink last year — and a Forward analysis reveals its performance under Richard Joel’s leadership.
Richard Joel blames Yeshiva’s financial woes on fired staffers and archaic management practices. Critics say that after 11 years at the helm, the problems are of his own making.
Yeshiva University announced it would sell 11 buildings and cut programs and its president’s salary by $100K to help address a budget crisis at the beleaguered school.
EXCLUSIVE: Y.U. has said that President Richard Joel isn’t to blame in the ongoing sex abuse scandal. But the Forward has learned he knew about the allegations — and failed to act.
Anxiety is building at Yeshiva University as rumors swirl of looming cuts to address a financial crisis spawned by yawning deficits and a $380 million sex abuse lawsuit.
Yeshiva University President Richard Joel acknowledged the school faces “substantial deficits.”