K-12, Inc. President: the Nation’s Highest Paid Government Worker

The Center for Media and Democracy released a study today, Exposed: America’s Highest Paid Government Workers*, that observed that because so many government services have been privatized, the highest paid “government workers” are now corporate executives. It named K12, Inc CEO Ron Packard as “America’s highest paid “teacher.”2014-02-20_11-31-39

Ron Packard, of K12 Inc., America’s highest paid “teacher.” As CEO, Packard made more than $19 million in compensation between 2009 and 2013, despite the alarming fact that only 28 percent of K12 Inc. schools met state standards in 2010-2011 compared to 52 percent of public schools. K12 reportedly reached a $7 million agreement to settle a class action suit bought by shareholders over the firm’s failure to disclose its high dropout rates and poor performance.

 

 

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