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Dever: The Million Dollar Lady

If I ever write a business book, it will be entitled “Quality People Are Free.” Which is to say that high performers justify a high salary because they bring in so much money and do so many good things, in addition to saving money for an organization far beyond their compensation, that they more than cover their wages. I’d much rather have a Dartmouth President earning $2 million a year than shell out $1,251,216 for Phil Hanlon, or to continue that logic, to pay $808,623 to a Provost like Carolyn Dever (their 2016 salaries). That’s money down the drain.

Now that Carolyn has left Parkhurst for the relaxed climes of Sanborn Hall, one wonders how much she is making as an English professor. I’d bet the same amount, at least for a few years. We’ll find out from future IRS 990 forms.

We do know that she is doing well enough to buy a fancy house just off of Balch Hill (in place of her erstwhile Provost’s digs on Clement Road):

Dever Residence.jpg

Five bedrooms and four and a half bathrooms for only $1,075,000, according to the Town of Hanover’s records:

Dever House2.jpg

Dever House 1.jpg

When Carolyn arrived at Dartmouth from Vanderbilt, the consensus view among the faculty was that she was in town to punch her ticket on the way to a college presidency somewhere else. Needless to say, her three and a third utterly undistinguished years as Provost did not prove to be a stepping stone for her (though they did help us understand that Phil Hanlon can’t hire good people for beans). Despite endless job searching while she was on the College’s payroll, nobody would hire her to run another school.

Carolyn will be on the College’s books for decades to come.

Addendum: It would seem from Carolyn’s easy parachute jump from Parkhurst to Sanborn that not only did she negotiate a whopping salary before coming to Dartmouth, but she also had the foresight to have tenure thrown into her compensation package, too. Pretty clever.


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