Bowles to be UNC system president
Friday, September 30th, 2005
By Chris Fitzsimon
The ex-White House chief of staff succeeds Molly Broad on Jan. 1
By JANE STANCILL, Staff Writer
Erskine Bowles, the Charlotte investment banker, former White House chief of staff and two-time U.S. Senate candidate, is expected to be named the next president of the UNC system.
The UNC Presidential Search Committee said Thursday that it would recommend Bowles to the UNC Board of Governors on Monday. Bowles is expected to be approved and start the job Jan. 1 at an annual salary of $425,000. He will donate $125,000 of his salary each year to need-based financial aid for students, a UNC news release said.
"We’re thrilled that we have found the best candidate in America to lead the University of North Carolina, and we’re equally thrilled that it is one of our own — Erskine Bowles," said Brad Wilson, chairman of the Board of Governors and head of the search committee. (more…)
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