VCU President Michael Rao’s base salary increases to $1 million per year
Bryer Haywood, Staff Writer On Sept. 11, the VCU Board of Visitors voted to increase President Michael Rao’s base salary to $1 million per year beginning in fiscal year 2027. The raise comes as the board voted in April to increase tuition by 3.9% for the 2026-2027 school year, according to a previous report by the CT. In 2025, the Board of Visitors voted to increase Rao’s base salary to $895,618, a 9% increase from the previous year, according to a previous report by the CT. “One of our Board’s most important responsibilities is to evaluate the performance of the president and ensure that the university has the leadership it needs for the future,” Rector Steven DeLuca said at the BOV meeting on Sept. 11. Rector Steven DeLuca said at the BOV meeting on Sept. 11 that the boards most important responsibility is to assess the performance of the president and make sure the university “has the leadership it needs for the future.” In addition to increasing Rao’s salary, the board also voted to extend his contract into 2032. It included a bonus opportunity for Rao of up to 25% of his base salary. The average salary for VCU staff

















