Philanthrocrat of the day, ProPublica edition
Paul Steiger’s salary in 2006, his last full year as editor of the for-profit WSJ: $547,692
Paul Steiger’s salary in 2008, his first full year as editor of the non-profit ProPublica: $570,000
Update: ProPublica’s Dick Tofel points out that Steiger did get options when he worked for the WSJ, which brought his total compensation comfortably into seven figures. Steiger gets no bonus at ProPublica. Not that he really needs one, given that he’s earning almost $50,000 a month.