Business Journal: UC Audit Released


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(Sacramento, CA)
Monday, April 24, 2006

Top management regular sought approval by UC Regents for base salaries and bonuses for highly paid people. But special pay and benefits were sometimes given without the Regents full oversight. These were the findings of a Price Waterhouse audit covering the past decade. 

Locally, they noted the hundreds of thousands of dollars granted to a UC Davis senior advisor, Celeste Rose, in her separation agreement. Also, the Medical Center’s recently retired CEO, Bob Chason, received a small stipend in 1999 that should have had regents’ approval, the auditors also found. Another review, by the Bureau of State Audits, is due on May 2nd