McRaven confirmed as new UT system chancellor

McRaven on Thursday made his first public appearance in Austin since the head of the U.S. Special Operations Command was first rumored as a candidate. He wore a suit — and not his Naval uniform — while briefly addressing regents after they confirmed his appointment.

McRaven starts in January. System officials say he will make $1.2 million a year — nearly a half-million dollars more than his predecessor.

The 58-year-old McRaven has been credited with spearheading the operation that led to the death of Osama bin Laden in a raid on his compound in 2011.

McRaven replaces Francisco Cigarroa, who is stepping down after five years.

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