MIT president salary and executive pay
MIT paid its president, Sally Kornbluth, $2,151,788 for the fiscal year ending June 2025. That is up $347,480 (19.3%) from the fiscal year ending June 2024. MIT ranks 25th of 100 universities on this site by president's pay. MIT has 4 Form 990 returns on record, for fiscal years ending 2022 to 2025. Also known as Massachusetts Institute of Technology.
Last updated from IRS e-file data. EIN 04-2103594, Cambridge, MA.
President, fiscal year ending June 2025
$2,151,788
Also listed with a president, chancellor or chief executive title on this filing: Melissa Nobles (Chancellor), $772,733.
Highest-paid person, fiscal year ending June 2025
$4,462,390Seth AlexanderPresident of MITIMCo
- Total revenue
- $6,737,799,000
- Pay vs. peers
- Higher than 8%
Source: Form 990, fiscal year ending June 2025, IRS object ID 202601359349306115.View the filing
Peers: the 94 other universities on this site. Ranked 87th of 95 by top pay as a share of revenue. Pay is 0.03% of revenue, our calculation from the same return. Revenue is Part I, line 12; peers are compared on their latest full-year returns.
The highest-paid "President" on MIT's return is the president of MITIMCo, MIT's investment company ("President of MITIMCo"). The university president is shown as MIT's lead.
Highest-paid people on the latest return
On the latest return, 18 people were paid more than $500,000, 9 of them more than $1 million.
| Name and title | Total |
|---|---|
| Seth AlexanderPresident of MITIMCo | $4,462,390 |
| Thomas WieandGlobal Investment Professional, MITIMCo | $2,973,895 |
| Navneeth HarikumarGlobal Investment Professional, MITIMCo | $2,929,985 |
| Ryan AkkinaGlobal Investment Professional, MITIMCo | $2,919,331 |
| Joel CohenGlobal Investment Professional, MITIMCo | $2,610,835 |
President's pay by year
Each row is the president on that year's return.
| Fiscal year ending | Name and title | Total | Revenue | Source |
|---|---|---|---|---|
| Jun 2025 | Sally Kornbluth President President | $2,151,788 | $6,737,799,000 | Filing |
| Jun 2024 | Sally Kornbluth President President | $1,804,308 | $5,855,286,000 | Filing |
| Jun 2023 | L Rafael Reif President President (Outgoing) | $1,845,810 | $4,954,533,000 | Filing |
| Jun 2022 | L Rafael Reif President President | $1,626,565 | $6,378,650,000 | Filing |
How this pay was reported
The parts of each total, as reported on the return for the fiscal year ending June 2025.
Source: Form 990, fiscal year ending June 2025, IRS object ID 202601359349306115.View the filing
| Part VII | Schedule J | |||||||
|---|---|---|---|---|---|---|---|---|
| Name and title | From org | Other | Base | Bonus | Other | Deferred | Nontaxable | Total |
| Seth AlexanderPresident of MITIMCo | $3,845,075 | $617,315 | $994,577 | $2,788,083 | $62,415 | $581,546 | $35,769 | $4,462,390 |
| Thomas WieandGlobal Investment Professional, MITIMCo | $2,411,804 | $562,091 | $537,103 | $1,857,245 | $17,456 | $525,450 | $36,641 | $2,973,895 |
| Navneeth HarikumarGlobal Investment Professional, MITIMCo | $2,406,464 | $523,521 | $546,870 | $1,859,594 | $0 | $511,803 | $11,718 | $2,929,985 |
| Ryan AkkinaGlobal Investment Professional, MITIMCo | $2,372,792 | $546,539 | $534,255 | $1,823,473 | $15,064 | $506,050 | $40,489 | $2,919,331 |
| Joel CohenGlobal Investment Professional, MITIMCo | $2,132,811 | $478,024 | $539,270 | $1,580,662 | $12,879 | $443,550 | $34,474 | $2,610,835 |
| Sally KornbluthPresident | $1,734,292 | $417,496 | $1,571,812 | $0 | $162,480 | $260,820 | $156,676 | $2,151,788 |
These figures come from MIT's Form 990 returns, as the IRS publishes them. The methodology page explains how they're chosen. To report an error, email corrections@ceopaycheck.com.
How MIT compares
Ranked 25th of 100 universities by president's pay.
Closest in revenue among the universities on this site:
University of Miami$6,737,344 (CEO), fiscal year ending May 2025
University of Rochester$1,803,590 (President), fiscal year ending Jun 2025
Cornell University$1,405,700 (President), fiscal year ending Jun 2025
Columbia University$1,826,091 (President), fiscal year ending Jun 2025
University of Southern California$4,301,294 (President), fiscal year ending Jun 2025
Common questions
Sally Kornbluth (President) was paid $2,151,788 for the fiscal year ending June 2025: $1,734,292 from MIT and $417,496 in other compensation (Part VII columns D and F). MIT ranks 25th of 100 universities on this site by president's pay.
The highest-paid person on the latest return was Seth Alexander (President of MITIMCo), at $4,462,390. That is $2,310,602 more than the president, Sally Kornbluth. Next was Thomas Wieand (Global Investment Professional, MITIMCo), at $2,973,895. On the latest return, 18 people were paid more than $500,000, 9 of them more than $1 million.
MIT paid its president, Sally Kornbluth, $2,151,788 for the fiscal year ending June 2025. That is up $347,480 (19.3%) from the fiscal year ending June 2024. The earliest return on record is for the fiscal year ending June 2022, when the president was L Rafael Reif, paid $1,626,565. By fiscal year end: June 2022, $1,626,565 (L Rafael Reif); June 2023, $1,845,810; June 2024, $1,804,308 (Sally Kornbluth); June 2025, $2,151,788.
From the 4 Form 990 returns MIT filed with the IRS for fiscal years ending 2022 to 2025. Schedule J of the fiscal year ending June 2025 return breaks down pay for all 6 people in the pay breakdown above. The methodology page explains how they're chosen.