Mr. Weinberg had teamed with Mr. Manderschied, head of West Side social services organization Northwestern University Settlement House Association
, to take a flyer on a charter idea presented to them by a Chicago public school math teacher named Michael Milkie
Now CEO of the Noble Network, Mr. Milkie understands how to talk to business executives.
"Their dollars are a great investment in terms of return," he
says, citing low administrative costs and the "tremendous impact on students' lives.
That's not good enough, Mr. Milkie
2011 compensation was second only to Mr. Milkie's
, according to an IRS
filing in 2012, the most recent year available.
earned a salary of $195,520 and a $20,000 bonus; Ms. Kochlefl earned a $147,588 salary and $55,000 bonus.
says there are no limits on Noble's expansion plans in Chicago.