UC San Diego chancellor given $500,000 pay raise to prevent him from taking private sector job

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UC San Diego chancellor given $500,000 pay raise to prevent him from taking private sector job
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The increase, which will be covered by private donations, will push Pradeep Khosla's base salary to $1.14 million, making him one of highest paid public university leaders in the U.S.

Leib would not identify who donated the $13 million but said the money was raised quickly out of concern that UCSD would lose Khosla, who oversaw a record $3.05 billion campus fund-raising campaign that ended last year.

Irwin Jacobs, co-founder of chipmaker Qualcomm, told the Union-Tribune he was one of the donors but declined to say how much money he gave.“He has done a wonderful job for the campus, for the city, for the region, and internationally,” said Jacobs, one of the school’s largest benefactors.

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