LINCOLN, Neb. (AP) — The University of Nebraska Board of Regents has unanimously approved Walter "Ted" Carter as the eighth president of the University of Nebraska system.
Carter, the immediate past superintendent of the U.S. Naval Academy whose tenure included records in graduation rates and student diversity and a top national ranking by Forbes Magazine, will begin transition work as NU’s president-elect on Dec. 16. He will assume overall leadership on Jan. 1, succeeding Interim President Susan Fritz, Ph.D.
"Ted checks all of the boxes we need from our next leader," said NU Regent Tim Clare. "He is focused on providing the best, most affordable, and most accessible education for all students. NU should be competing with a leading the best public universities across the country. It's what Nebraskans deserve."
Carter, 60, was superintendent of the U.S. Naval Academy in Annapolis, Md., from 2014 to 2019, the longest continuously serving superintendent in Annapolis. As superintendent – the Naval Academy’s equivalent of a university president – Carter led 4,400 students and 1,500 faculty and staff and oversaw a $500 million budget.
His base pay on the five-year contract calls for a yearly base salary of $934,600. That compares with the $540,000 Hank Bounds was making when he left the top system post in August and took a faculty position at the University of South Alabama.
Clare says the increased compensation package comes amid changes in higher education in the five years since the system last sought a new president. Clare says it costs more to attract top talent that can benefit the whole university system.
Carter was raised in Burrillville, R.I., a rural, one-high school town. The Carters have two adult children.