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Ken Stern

Who Knew NPR Execs Were So Well-Paid (Overpaid)?

By Tim Graham | January 10, 2011 | 06:39

Washington Post media reporter Paul Farhi was complete enough in his reporting on the internal NPR review of the Juan Williams firing on Saturday that he included financial numbers that NPR released on the bonuses of NPR CEO Vivian Schiller. The decision to cancel her bonus over that Fox-loathing fiasco was a six-figure decision:

According to tax records released by NPR on Friday, Schiller received a bonus of $112,500 in May 2010, about 17 months after she was hired by the Washington-based organization. This was in addition to a base salary of $450,000. The bonus was included in her hiring package, NPR said.

The preceding year, before Schiller's arrival, NPR paid out $1.22 million in salary, bonuses and deferred compensation to Schiller's predecessor, Kevin Klose, who retired that year. It paid another $1.22 million to Ken Stern, its president, who was forced out. Stern's compensation was swelled by a early buyout of his contract, according to NPR.

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Golden Parachute for NPR Executive? Try $1.3 Million

By Jeff Poor | August 14, 2009 | 18:16

Remember the outrage earlier this year for some of the bonuses paid out to executives of financial institutions that were TARP recipient? Or how about the press coverage that spurred on populist outrage when it was reported former Merrill Lynch CEO John Thain spent $35,000 on a commode to redecorate his office?

Turns out Thain walked away with a $1.5 million "golden parachute" after he resigned from Merrill, which was acquired by Bank of America (NYSE:BAC). But you would never guess who got a golden parachute that was pretty close to what Thain got. According to an Aug. 14 report on the Chronicle of Philanthropy web site, former National Public Radio chief executive Ken Stern, who was replaced in March 2008, took a $1.3-million buyout, which has gone almost unnoticed.