R. Bowen Loftin (Texas A&M photo/file)
COLLEGE STATION (August 23, 2013)--Retiring Texas A&M University President R. Bowen Loftin will be paid $850,000 as he transitions from the school’s leader to a tenured faculty member.
Loftin announced plans in June to retire as president in order to spend more time with students.
He earned $425,000 annually as the university’s president.
Loftin, 64, will earn $311,000 a year in the teaching and administrative position to which he’s moving.
In the fall of 2014, he’ll join the Department of Industrial and Systems Engineering and will also direct the planned Institute for Advanced Modeling and Simulation, concentrating on homeland defense and bioterrorism.
Loftin next year, before assuming his professorship, will serve a special assistant to Provost Karan Watson.