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August 6, 2025

17 Employees of Stanford University Take Home $230 Million in Compensation

by Anne Paddock

17 of the most highly compensated employees of Stanford University (a private research university with about 18,000 students (8,000 undergrads and 10,000 graduate and medical students) in Redwood City, California.  With 32 trustees, 27 of whom are independent, although the most recent Form 990 (2023 for the year ending 8/31/23 lists 35 trustees (due to timing differences), Stanford is considered one of the best universities in the country) in 2023 took home $230 million in compensation from 2017-2023 (note:  highly compensated employees in any of the years 2017-2022 but not in 2023 are not included):

David Shaw:  Total Compensation 2017-2023:  $44 million

  • 2023:  $7,154,217
  • 2022:  $7,416,765
  • 2021:  $6,592,230
  • 2020:  $8,924,683
  • 2019:  $4,812,897
  • 2018:  $4,613,707
  • 2017:  $4,311,543

Robert Wallace:  Total Compensation 2017-2023:  $34 million

  • 2023:  $6,474,243
  • 2022:  $5,895,736
  • 2021:  $4,830,441
  • 2020:  $4,636,879
  • 2019:  $4,357,899
  • 2018:  $3,793,453
  • 2017:  $3,517,709

Frank Hanley:  Total Compensation 2017-2023:  $27 million

  • 2023:  $5,043,393
  • 2022:  $4,770,791
  • 2021:  $3,827,913
  • 2020:  $3,679,432
  • 2019:  $3,445,617
  • 2018:  $4,021,461
  • 2017:  $1,954,818

Lloyd Minor:  Total Compensation 2017-2023:  $20 million

  • 2023:  $4,470,822
  • 2022:  $2,446,634
  • 2021:  $2,289,799
  • 2020:  $2,304,327
  • 2019:  $2,252,128
  • 2018:  $3,806,838
  • 2017:  $2,138,371

Tara Vanderveer:  Total Compensation 2023:  $3 million

  • 2023:  $3,428,058

Persis Drell:  Total Compensation 2017-2023:  $10 million

  • 2023:  $3,330,046
  • 2022:  $1,238,455
  • 2021:  $1,243,568
  • 2020:  $1,331,494
  • 2019:  $1,271,372
  • 2018:  $  927,005
  • 2017:  $  592,789

Jay Kang:  Total Compensation 2021-2023:  $8 million

  • 2023:  $3,061,856
  • 2022:  $2,850,961
  • 2021:  $2,311,807

Yiping Woo:  Total Compensation 2017-2023:  $18 million

  • 2023:  $2,940,109
  • 2022:  $2,759,557
  • 2021:  $2,745,849
  • 2020:  $2,676,321
  • 2019:  $2,599,384
  • 2018:  $2,497,124
  • 2017:  $2,181,122

Marc Tessier-Lavigne:  Total Compensation 2017-2023:  $11 million

  • 2023:  $2,409,076
  • 2022:  $1,589,938
  • 2021:  $1,555,296
  • 2020:  $1,712,833
  • 2019:  $1,621,563
  • 2018:  $1,556,669
  • 2017:  $  624,363

Robert Reidy:  Total Compensation 2017-2023:  $14 million

  • 2023:  $1,892,396
  • 2022:  $1,962,710
  • 2021:  $2,924,853
  • 2020:  $1,346,286
  • 2019:  $2,372,531
  • 2018:  $1,293,785
  • 2017:  $1,693,751

Martin Shell:  Total Compensation 2017-2023:  $10 million

  • 2023:  $1,764,682
  • 2022:  $2,280,985
  • 2021:  $1,397,023
  • 2020:  $1,781,298
  • 2019:  $1,232,111
  • 2018:  $  900,761
  • 2017:  $  881,175

Randall Livingston:  Total Compensation 2017-2023:  $9 million

  • 2023:  $1,132,905
  • 2022:  $1,707,945
  • 2021:  $1,185,572
  • 2020:  $1,526,687
  • 2019:  $1,313,845
  • 2018:  $  969,059
  • 2017:  $  851,015

Debra Zumwalt:  Total Compensation 2017-2023:  $7 million

  • 2023:  $1,073,517
  • 2022:  $1,254,158
  • 2021:  $  934,954
  • 2020:  $1,152,626
  • 2019:  $  874,216
  • 2018:  $  981,313
  • 2017:  $  731,581

Jon Denney:  Total Compensation 2020-2023:  $3 million

  • 2023:  $1,039,804
  • 2022:  $  892,711
  • 2021:  $  797,622
  • 2020:  $  581,809

Howard Wolf:  Total Compensation 2017-2023:  $6 million

  • 2023:  $782,,648
  • 2022:  $992,255
  • 2021:  $686,296
  • 2020:  $982,094
  • 2019:  $815,854
  • 2018:  $637,265
  • 2017:  $531,977

Elizabeth Zacharias:  Total Compensation 2017-2023:  $5 million

  • 2023:  $725,345
  • 2022:  $593,894
  • 2021:  $894,771
  • 2020:  $638,398
  • 2019:  $604,647
  • 2018:  $580,971
  • 2017:  $505,680

Farnaz Khadem:  Total Compensation 2020-2023:  $2 million

  • 2023:  $676,257
  • 2022:  $558,025
  • 2021:  $542,551
  • 2020:  $465,931

 

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