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New UC President To Get 6,800-Sq Ft Oakland Home

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May 15, 2008 8:41 pm US/Pacific

New UC President To Get 6,800-Sq Ft Oakland Home

OAKLAND (AP) ―

Click to enlarge 1 of 1: Mark Yudof.
AP

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The University of California says its incoming president will skip the residence favored by former presidents and live in a 6,800-square foot Oakland home instead.

Mark Yudof is scheduled to start in his new job next month after leading the University of Texas since 2002.

In the past, UC presidents and their families lived near the university system's Berkeley campus in a 13,000-square foot home now in need of millions of dollars in repairs.

The 63-year-old Yudof and his wife are set to live in a new home that will cost the university more than $11,000 per month.

That comes on top of a salary and benefits package for Yudof that puts his annual compensation at more than $925,000. Yudof's predecessor earned $436,000 per year in total compensation.