By SUSAN JONES

Pitt’s right-to-know disclosures for the 2024-25 fiscal year once again provide some insight into the University.

Total revenue was up to $3.57 billion from $3.42 billion in 2023-24, but so were total expenses to $3.51 billion from $3.39 billion. Pitt was in the black for both years, and the gap between revenue and expenses increased in 2024-25 from $30 million to $60 million.

Other highlights:

• The endowment increased to $6.19 billion from $5.84 billion

• Research revenue from grants and contracts was at $1.25 billion, up from $1.2 billion.

• Spending on outside legal fees dropped to $15.9 million from $19.3 million in 2023-24.

• Compensation paid to current officers, directors, trustees and key employees also dropped to $8.25 million from $8.57 million.

• The total paid for salaries for all other Pitt employees went up to $1.49 billion from $1.41 billion.

• Total compensation, including benefits, for all employees increased from $1.85 billion to $1.94 billion.

• The largest research subcontracts were paid to Carnegie Mellon, $7.92 million; the University of California, $7.47 million; and Washington University in St. Louis, $7.08 million.

• The top three independent contractors paid by the University were Compass Group, which provides food service on the Oakland campus, at $51.9 million, and two Pittsburgh-based construction firms: Mascaro Barton-Malow ($50.8 million), which worked on the Recreation and Wellness Center, and PJ Dick Inc. ($50 million), which has been involved in several campus projects.

• A total of 20,223 students received institutional aid, which amounted to $293 million. Another 2,504 students received tuition remission under Pitt’s educational benefits for employees, at a cost of $34.1 million, and 44 children of Pitt employees attending other universities received $898,066 in tuition remission.

• Revenue from tuition was up from $1.02 billion in 2023-24 to $1.04 billion for 2024-25.

Officers and other key employees

The IRS 990 form list of University officers, directors, and key employees (with base pay and total compensation, which includes retirement, bonuses and nontaxable items, such as health care) for calendar year 2024 (asterisks indicate those who are new to the list):

Pat Narduzzi, head football coach: $5.97 million in base pay; up $500,000 from 2023-24. Total compensation of $7.29 million includes bonus and incentive pay of just over $1 million

Jeff Capel, head men’s basketball coach: $3.73 million in base pay; up about $160,000. Total compensation: $3.93 million

Jeffer Choudhry, chief investment officer: $756,464 base pay. Total compensation of $2.08 million includes $1.27 million for two years of bonus and incentive pay.

Anantha Shekhar, SVC for Health Sciences and dean of the School of Medicine: $1.08 million base pay / $1.7 million total compensation, including $400,000 in bonus and incentive pay.

Joan Gabel, chancellor: $943,964 base pay. Total compensation $1.22 million , including $122,652 in bonus and incentive pay.

Heather Lyke, athletic director until September 2024: $929,441 / $1.19 million

Randy Bates, assistant football coach/defensive coordinator who retired in December 2025: $840,740 / $940,667

Arthur Levine, former SVC for Health Sciences and dean of the School of Medicine until June 2020, now professor of neurobiology and Brain Institute executive director: $820,414 / $919,055

*Kade Bell, assistant football coach (offensive coordinator/quarterbacks coach): $843,294 / $916,680

Geovette Washington, SVC and chief legal officer: $462,916 / $737,836 total compensation includes $200,000 in retention payment

Patrick Gallagher, former chancellor who stepped down at the end of July 2023, now distinguished professor of physics and astronomy in the Dietrich School of Arts & Sciences: $495,798 base pay, down from $648,479 in 2024 / $582,900 total compensation

David DeJong, SVC for business & operations through July 2024: $440,460 / $574,609

Joe McCarthy, who became provost in April 2024: $504,595 / $573,398

Rob Rutenbar, SVC for research: $455,037 / $572,797

Paul Lawrence, treasurer: $423,660 / $522,236

*Dwayne Pinkney, executive SVC for administration and finance and CFO as of April 2024: $280,761 / $366,100

Paul Supowitz, interim secretary of the Board of Trustees through June 2024, who retired in August 2024: $193,802 / $291,972

*Phil Bakken, who became secretary to the Board of Trustees in June 2024: $172,355 / $201,053

Right-to-know disclosure to the state

The state also requires Pitt to disclose the 200 highest-paid non-officers at the University. The top five on the list — Narduzzi, Capel, Lyke, Levine and Bates, along with Arthur Levine at 9th and Pat Gallagher at 44th — are also on the IRS 990 list above.

All those in the list make more than $300,000. Find the full list on Office of Finance & Operations Right to Know Disclosures website. The compensation for the rest of the top 50 highest-paid employees for calendar year 2024 includes:

Michael Imbrogno, managing director of investments, CFO’s office: $836,024

David Almodovar, managing director of investments, CFO’s office: $831,078

Salvatore Verdi, head women’s basketball coach (who was fired in March 2026): $829,505

Michael Becich, associate vice chancellor for informatics in the Health Sciences; chairman, Department of Biomedical Informatics, School of Medicine; and associate director, Clinical and Translational Science Institute: $766,122

Dan Fisher, head volleyball coach: $700,937

Kristin Davitt, SVC for philanthropic and alumni engagement (who left Pitt in April 2025):  $678,476

Angela Gronenborn, professor and chair, Department of Structural Biology: $663,728

A. Everette James III, associate vice chancellor for health policy and planning, Health Sciences; professor, Graduate School of Public Health; director, Health Policy Institute: $660,089

Steven Reis, associate vice chancellor for clinical research and director, Clinical and Translational Science Institute: $654,000

John Kaye, chief operating officer—endowments, CFO’s office (retired January 2026): $626,486

Peter Strick, professor and chair, neurobiology; co-director, Center for Neuroscience: $622,735

Dario Vignali, professor and chair, Department of Immunology; co-director, Cancer Immunology Training Program: $618,000

Jonathan Silverstein, chief research informatics officer, School of Medicine, and professor of biomedical informatics: $616,138

Mark Geraci, vice chancellor for research, Health Sciences; vice dean for research and professor of medicine, School of Medicine: $602,080

Lise Vesterlund, professor of economics and director of the Behavioral Economics Design Initiative and the Pittsburgh Experimental Economics Laboratory: $593,050

Justin Stavish, investment director in CFO’s office: $586,617

Joanne Flynn, distinguished professor and chair, Department of Microbiology & Molecular Genetics: $570,119

Kaigham Gabriel, inaugural CEO of BioForge: $550,000

Michael Bell, head coach, Pitt Baseball: $547,437

Satdarshan Pal Singh Monga, director, Organ Pathobiology and Therapeutics Institute; professor of pharmacology: $542,240

Alexander Sorkin, professor and chair, Department of Cell Biology: $541,711

Bruce Freeman, professor and chair, Department of Pharmacology and Chemical Biology: $535,184

Leeanna McKibben, vice chancellor for administration and chief of staff, Health Sciences; vice dean for administration, School of Medicine: $531,640

Joseph Losee, executive vice chair, Department of Plastic Surgery; associate dean of faculty, School of Medicine: $531,333

Eugene Anderson, dean of Pitt Business: $527,800

Cory Sanders, defensive coordinator, Pitt Football: $527,499

David Denis, Terrence P. Laughlin Chair in Finance for Pitt Business: $526,851

J. Jeffrey Inman, professor emeritus of business administration: $525,542

Maureen Lichtveld, dean of the School of Public Health: $519,640

Peter Wipf, distinguished University professor of chemistry: $518,120

William Madden, vice chancellor for finance and resources, Health Sciences, and vice dean for administration, School of Medicine, who retired in 2024: $516,161

Bernard Costello, associate vice chancellor for the office of interdisciplinary education, Health Sciences, who left Pitt in early 2025: $509,043

Jacob Lee Bronowski, special teams coordinator, Pitt Football, who left in December 2025: $506,956

Sanjeev Shroff, distinguished professor and Gerald E. McGinnis chair in bioengineering and professor of medicine: $505,558

Philip Spinella, professor of surgery and critical care medicine: $504,999

Anne Newman, chair of the Department of Epidemiology and director of the Center for Aging and Population Health (retired in 2025): $502,282

Anthony Delitto, who was dean of the School of Health and Rehabilitation in 2024 and added associate provost for digital education: $501,711

Anna Balazs, Swanson Chair of Engineering and distinguished professor of chemical engineering: $494,783

Chandan Sen, associate vice chancellor for life sciences innovation and commercialization, Health Science, and director of McGowan Institute of Regenerative Medicines: $487,529

Michael Stacchiotti, head strength & conditioning coach, Pitt Football: $487,125

Paul Cohen, director, Modeling and Managing Complicated Systems Institute, and professor, Department of Computer Science: $483,247

Christine Kasper, dean of the School of Nursing: $475,907

Jeremy Berg, professor, Computational and Systems Biology, School of Medicine: $474,675

Susan Jones is editor of the University Times. Reach her at suejones@pitt.edu or 724-244-4042.

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