New UTC chancellor to make $318,000 annually

New UTC chancellor to make $318,000 annually

February 28th, 2013 by Tyler Jett in Local Regional News

Steve Angle, senior vice president of Wright State University in Ohio

Steven Angle will make $318,000 annually if he is named the next chancellor of the University of Tennessee at Chattanooga.

The University of Tennessee board's executive and compensation committee unanimously approved Angle's potential salary during a meeting this morning. Should he get approved by the board of trustees for the job, Angle will get $291,000 per year in base salary. He will also receive $7,000 per year for expenses related to the job.

In addition, the board will give Angle $20,000 per year to pay for a house.

The University of Chattanooga Foundation owns a house that past chancellors lived in, but officials plan to sell that house. This additional payment to Angle acknowledges that hosting people is part of a chancellor's job.

Roger Brown, UTC's former chancellor, made $225,495 per year in base salary but didn't need a house.

Angle is a senior vice president and chemistry professor at Wright State in Dayton, Ohio.

If he comes to Chattanooga, he will get $20,000 in moving expenses.

The UT board of trustees will vote on whether to appoint Angle during a meeting at 1 p.m. Friday.