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Marquette Pays $3.6M to Late President's Estate | Milwaukee News
Marquette University paid out $3.6 million to the estate of former President Michael Lovell, making him Wisconsin’s highest-paid university president for 2025 — a staggering sum earned over his decade-long tenure, not just one year. Lovell, who died from rare cancer in late 2024, had been earning nearly $1 million annually and received a $500K retention bonus in 2023. Deferred compensation plans, common for top execs, ensure payouts continue to estates even after death. While the payout dwarfs Wisconsin’s typical president salaries ($300K–$400K), it’s dwarfed by other Marquette earners like…
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