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Ramsey resolution approved at Board of Trustees meeting

By Emily Curtsinger–

After the Sept. 3 University of Louisville Board of Trustees meeting, Larry Benz, the new chair, told reporters that James Ramsey’s compensation package should no longer be an issue of concern for anyone, as all questions about its appropriateness have been settled.

“If it can be analyzed in any more ways, then it’s going to be by somebody a lot more creative than you or I, because his compensation has been deliberated for months now,” said Benz. “We consider it at the current time not an issue.”

It was discovered this summer that due to tax gross-ups and vesting deferred compensation from the nonprofit U of L Foundation, Ramsey made double the income of other university presidents at peer schools.