McTeer Accepts Chancellor Position

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Regents officially appointed the new chancellor of the Texas A&M System Thursday.

Dr. Bob McTeer was named as the sole finalist in October.

A 21-day waiting period was required by the state before McTeer could be appointed to the position.

McTeer plans to begin his new job early this month. McTeer will earn $450,000 annually as the chancellor. His total compensation package has not been finalized.

Interm Chancellor Benton Cocanougher will resume his former position at the Mays School of Business.