second-highest paid employee, making just over $4.2 million. The fiscal year represents Rhoades’ first season as the Nittany Lions’ head coach.
Kraft was fifth on the list, making a total of $1.4 million. He was just behind Penn State President Neeli Bendapudi ($1.43 million). Stephen Massini, then the CEO of Penn State Health, was the university’s third-highest paid employee at nearly $1.7 million.
In 2023, Pennsylvania Gov. Josh Shapiro signed legislation requiring Penn State and other state-related universities to publish more information about salaries, finances and operations. The bill required the state-related universities to publish salaries of officers and directors and up to their 200 highest-paid employees.
