A new employment contract finalized Saturday by the Texas A&M University System and Chancellor John Sharp will effectively give Sharp a nearly $400,000 annual pay raise.
For the next five years, Sharp will receive a $900,000 base salary annually compared to his current salary of $507,300.
Sharp served as a state comptroller from 1991 to 1999 before working as a principal with tax consulting firm Ryan & Company. Sharp came to the TAMU System in 2011. Two months after assuming the role, Sharp voluntarily cut his annual salary from $534,000 to $507,300.
