By Samantha Frank
May 10, 2010

Mary Jane Saunders, the next president of Florida Atlantic University, is set to take office June 7 with an annual base salary of $345,000, which is $12,000 less than her predecessor earned.

Saunders and Nancy Blosser, chairwoman of FAU’s board of trustees, agreed upon a five-year contract, making Saunders the sixth highest paid president out of the 11 schools in Florida’s statewide university system.

She is also eligible for a merit bonus of up to $50,000 annually, based on the accomplishment of specific goals set by Blosser.

Read more at palmbeachpost.com.