Liz Magill received $4.4 million from Penn the year after she resigned as president
The financial arrangement was disclosed on Penn’s 990 tax form for that year, made public Thursday. That’s almost twice what she received in 2023 when she worked nearly the full year as president.
The University of Pennsylvania paid former president Liz Magill $4.4 million in total compensation in 2024, the year after she resigned as president.
The financial arrangement was disclosed on Penn’s 990 tax form for that year, made public Thursday.
That’s almost twice what she received in 2023 when she worked nearly the full year as president. Magill remained a tenured professor at Penn Carey Law School in 2024.
» READ MORE: Penn’s former president Liz Magill was paid about $2.3 million the year she resigned
The pay included $1.5 million in base pay, $609,000 in bonus pay, more than $211,000 in retirement and other deferred compensation and more than $2 million in “other reportable compensation,” according to the 990 form.
The university did not immediately respond for comment. Neither did Magill.
Magill resigned as Penn’s president in December 2023 following a bipartisan backlash over her congressional testimony about the school’s handling of antisemitism complaints.
The university declined at that time to disclose the details of her separation agreement. It’s unclear whether she will get additional money in future years.
» READ MORE: Penn president Liz Magill has resigned following backlash over her testimony about antisemitism
Magill was in the job less than two years, making hers the shortest tenure in the school’s history. In fall 2023, the campus faced turmoil over allegations about how it handled antisemitism complaints. The controversy started after Penn allowed the Palestine Writes Literature Festival — which some critics said included speakers with a history of making antisemitic comments — to be held on campus in September 2023. Tensions worsened following Hamas’ Oct. 7, 2023 attack on Israel.
Her compensation in 2024 made her the third highest paid employee at Penn that year, behind current President J. Larry Jameson, who stepped in as interim president when Magill resigned.
» READ MORE: In a rare interview, Penn’s president opens up about leading the school under the Trump administration
Jameson, who previously had served as executive vice president of the health system and medical school dean, earned total compensation of more than $8 million, up from $6.4 million the year before. That included $5.4 million in “reportable compensation” and $2.5 million in other compensation.
Peter Ammon, chief investment officer, was the second highest paid.
In February, Magill, a lawyer and academic, was named the new executive vice president and dean of Georgetown University’s law school in Washington, D.C.
“I am honored to join Georgetown Law, one of this country’s great law schools, and the university, an exceptional and distinctive research institution,” Magill said in an announcement at the time.
She is scheduled to start Aug. 1.
