As others have mentioned, the problem is that people don't know what presidents do. Academic decisions are made by provost, the second in command. A president

As others have mentioned, the problem is that people don't know what presidents do. Academic decisions are made by provost, the second in command. A president's job is basically only fundraising from mega donors and being at events mega donors are. If they are excellent at that, any president is worth more than $1 million a year. All the rest is peripheral.