Huffpost Detroit

Senate Candidate Clark Durant Paid More Than $500,000 By Cornerstone Schools

Posted: Updated:
This undated file photo provided by The New Common School Foundation in Detroit shows foundation president Clark Durant, a Republican candidate for U.S. Senate. General Motors adviser Bob Lutz likes Durant so much that he's signing on as the Republican U.S. Senate candidate's general finance chairman. (AP Photo/The New Common School Foundation, File)
This undated file photo provided by The New Common School Foundation in Detroit shows foundation president Clark Durant, a Republican candidate for U.S. Senate. General Motors adviser Bob Lutz likes Durant so much that he's signing on as the Republican U.S. Senate candidate's general finance chairman. (AP Photo/The New Common School Foundation, File)

WASHINGTON -- If Clark Durant is successful in his race for the U.S. Senate, he'll have to take a huge pay cut.

That's often the case with successful businessmen who give up lucrative careers for elected office but not necessarily for someone such as Durant, 63, who founded and runs the Cornerstone Schools, a system of independent nonprofit schools in Detroit.

Since 2004, Durant's direct compensation has averaged nearly $450,000 a year -- about 2 1/2 times the $174,000 a U.S. senator makes. His total compensation -- averaging more than $500,000 a year -- in some years has been more than the heads of prestigious metro Detroit schools, including Cranbrook, and charter networks elsewhere in the nation with far more students.

Read the whole story at Detroit Free Press