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Compensation Dips for HMC

"It has a bearing on compensation," Meyer said, noting that his individual compensation was affected.

Since Harvard's endowment earned 7 percent less than the goal set by its managers, Meyer's compensation will drop this year, to $1.6 million.

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"I did not have a good year," Meyer said.

He added that his individual portfolio managers fared better. In addition to Dubuque and Meyer, top money-earners include:

-David Mittelman, $8.95 million, working in fixed-income portfolio.

-Phillip Gross, $8.75 million, working in domestic portfolio.

-Robert Atchinson, $7.26 million, working in domestic portfolio.

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