ARLINGTON — Incoming University of Texas at Arlington President Vistasp Karbhari will earn $485,000 annually and can hold a faculty position with tenure after he stops leading the university, according to an agreement approved this week by the UT System board of regents.Karbhari, who starts June 1, has been serving as provost and executive vice president for academic affairs at the University of Alabama in Huntsville.The contract was unanimously approved as part of a series of consent agenda items during a board meeting this week in Austin.As president of the Arlington campus, Karbhari reports to the UT System chancellor, Francisco Cigarroa, and the executive vice chancellor for academic affairs, Pedro Reyes. When Karbhari’s presidential appointment ends — his performance will be reviewed annually — he is entitled to a tenured faculty post as a professor in the College of Engineering with a beginning rate of $200,000.“During your presidency, you will not be paid your salary as professor,” the contract says.In February, Karbhari was named that lone finalist to replace outgoing President James Spaniolo.One of Karbhari’s key tasks is to lead UTA in its quest to join UT Austin, Texas A&M University and Rice University as Tier One research institutions in Texas.Spaniolo’s last day is May 31. He announced plans to retire last June after serving since February 2004. His annual salary is $427,034.
Diane Smith, 817-390-7675 Twitter: @dianeasmith1