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Dr. Robert L. Caret, Chancellor of the University System of Maryland. (The Daily Record/Maximilian Franz)

USM chancellor nabs $75K bonus after first year in office (access required)

After his first year in office, University System of Maryland Chancellor Robert L. Caret is getting a performance bonus of $75,000. Caret, who took office last July, draws a base salary of $600,000 per year but is eligible for annual performance bonuses of up to 15 percent, or 90,000, in addition to other benefits; $75,000 is ...