OSU Renovating President's Home By Jim Letizia • Jul 1, 2014 TweetShareGoogle+Email OSU President's Home Credit Ohio State University A 300-thousand dollar renovation of the home of new Ohio State University President Michael Drake is underway. The school says the privately-funded project is designed to reverse several years of wear-and-tear on the building. Tags: Michael DrakeTweetShareGoogle+EmailView the discussion thread. Related Content OSU Releases Drake's Contract Details By Mike Foley & Associated Press • Jan 31, 2014 Ohio State University's new president will earn about $1 million annually in total compensation, or about half of what his predecessor made. New OSU President Introduced By Jim Letizia • Jan 31, 2014 Coshocton Tribune Ohio State University trustees yesterday officially introduced Michael Drake as the school's new president.