University of Pennsylvania president salary and executive pay

Penn paid its president, JAMESON J LARRY DR, $8,043,343 for the fiscal year ending June 2025. That is up $1,607,323 (25.0%) from the fiscal year ending June 2024. Penn ranks 2nd of 100 universities on this site by president's pay. Penn has 4 Form 990 returns on record, for fiscal years ending 2022 to 2025. Also known as Penn or UPenn.

Last updated from IRS e-file data. EIN 23-1352685, Philadelphia, PA.

President, fiscal year ending June 2025

$8,043,343

JAMESON J LARRY DRTRUSTEE & PRES.- AS OF 3/13/25
Total revenue
$11,670,540,000
Pay vs. peers
Higher than 25%

Source: Form 990, fiscal year ending June 2025, IRS object ID 202611349349308646.View the filing

Peers: the 94 other universities on this site. Ranked 71st of 95 by top pay as a share of revenue. Pay is 0.07% of revenue, our calculation from the same return. Revenue is Part I, line 12; peers are compared on their latest full-year returns.

Highest-paid people on the latest return

On the latest return, 38 people were paid more than $500,000, 19 of them more than $1 million.

Name and titleTotal
JAMESON J LARRY DR
President
TRUSTEE & PRES.- AS OF 3/13/25
$8,043,343
AMMON PETERCHIEF INVESTMENT OFFICER$7,146,396
MAGILL M ELIZABETHFORMER PRESIDENT$4,457,767
CARNAROLI CRAIGEXECUTIVE VP$4,393,060
MAHONEY KEVINCEO, UPHS$3,329,164
Total: Part VII columns D, E and F added together.

President's pay by year

Each row is the president on that year's return.

Fiscal year endingName and titleTotalRevenueSource
Jun 2025JAMESON J LARRY DR
President
TRUSTEE & PRES.- AS OF 3/13/25
$8,043,343$11,670,540,000Filing
Jun 2024JAMESON J LARRY DR
President
PRES & TRUSTEE - AS OF 12/23
$6,436,020$10,747,066,000Filing
Jun 2023MAGILL M ELIZABETH
President
PRESIDENT, TRUSTEE
$1,015,977$9,925,251,000Filing
Jun 2022
Amended
DR AMY GUTMANN
President
PRES.,EX-OFF TRUSTEE-THRU 3/22
$22,892,227$11,078,595,000Filing
Total: Part VII columns D, E and F. Revenue: Part I, line 12.

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 202611349349308646.View the filing

Part VIISchedule J
Name and titleFrom orgOtherBaseBonusOtherDeferredNontaxableTotal
JAMESON J LARRY DRTRUSTEE & PRES.- AS OF 3/13/25$5,459,518$2,583,825$2,581,284$1,700,000$1,178,234$2,544,750$39,075$8,043,343
AMMON PETERCHIEF INVESTMENT OFFICER$5,122,459$2,023,937$1,219,480$3,902,529$450$2,008,670$15,267$7,146,396
MAGILL M ELIZABETH*FORMER PRESIDENT$4,210,289$247,478$1,515,057$609,000$2,086,232$211,125$36,353$4,457,767
CARNAROLI CRAIGEXECUTIVE VP$3,784,067$608,993$1,107,047$250,000$2,427,020$581,856$27,137$4,393,060
MAHONEY KEVINCEO, UPHS$2,954,787$374,377$1,880,100$1,029,800$44,887$352,800$21,577$3,329,164
Part VII, Section A: From org is column D, Other is column F.Schedule J, Part II: Base is column B(i), Bonus B(ii), Other B(iii), Deferred C, Nontaxable D, Total E.* Reported under 20 hours per week at Penn: MAGILL M ELIZABETH (0 hours).

These figures come from Penn'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 Penn compares

Ranked 2nd of 100 universities by president's pay.

Closest in revenue among the universities on this site:

Common questions