STATE COLLEGE - Penn State President Eric Barron was awarded a 2 percent merit increase by university trustees Friday for what the board deemed "exceptional performance."

The move brings Barron's base salary to $834,364 retroactive to July 1, up from $818,004 in 2016-17.

According to The Chronicle of Higher Education, however, Barron's total compensation easily exceeds $1 million and ranks among the top public university presidents in America.

The board also announced new salaries for most other members of Barron's senior management team, as approved by the Committee on Compensation earlier this week:

Nicholas Jones, executive vice president and provost, $542,532, an increase of $11,940 from 2016-17.

David Gray, senior vice president for Finance and Business, $511,476, an increase of $21,036.

Craig Hillemeier, Milton S. Hershey Medical Center dean and CEO and senior vice president for Health Affairs, $953,700, an increase of $17,896.

Sandy Barbour, athletic director, $735,420, up $3,612.

A fifth senior staffer, Chief General Counsel Steve Dunham, is not receiving a raise and will continue at his 2016-17 base pay, a Penn State spokesman said. Dunham's base salary was last reported at $551,364.

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The salary adjustments for Barron and his senior leadership team are based on factors including experience, performance, areas of oversight and duties, and the university's pool of allocated funds for pay hikes.

In addition, in Barron's case, 100 Penn State community members were asked to complete an assessment on the president's performance toward meeting his goals and objectives.

"Clearly he is perceived, both internally and externally... as being a leader," Board Chairman Mark Dambly said of Barron after Friday's vote.

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"He's doing a great job and you can tell by results of the university in terms of our fundraising, our graduation rates, our time-to-graduation rate. He's meeting or exceeding his goals... and we're interested in retaining him."

The senior management salary actions were delayed this year because of the delay in final approval of the state budget, which carries a major chunk of Penn State's operating revenues.

Two of the 33 voting trustees present voted against Barron's raise: Anthony Lubrano and Edward "Ted" Browne III. Lubrano said he opposing the raise because of his sense of the overall fiscal constraints facing Penn State.