The local newspaper's welcome for Santa Barbara's new chancellor is a bit ambiguous. From the Santa Barbara Independent: Following a year-long, nationwide search, UC Santa Barbara has a new chancellor. On Thursday, Dr. Dennis Assanis, former president of the University of Delaware (UD), was named as Chancellor Henry Yang’s replacement, marking the official end of Yang’s 31-year tenure. To take on the role, however, Assanis is taking a pay cut. He also ended his tenure at the University of Delaware early — a year before his contract was set to expire. UD tax returns from 2023 reported his salary to be a little more than $1.5 million (making him the third-highest-paid president of a public university), so his $880,000 salary at UCSB will be a considerable drop in compensation. However, it is still a $60,000 increase from Yang’s pay.
The former UD president also reportedly resigned from his position in May amid scrutiny from faculty about how he handled the university’s finances coming out of COVID, during which the university faced a $250 million budget shortfall. According to multiple sources — such as Spotlight Delaware and The Review, UD’s campus newspaper — Assanis faced criticism around the university’s spending, which seemed to prioritize administration and construction over academics...
Full story at https://www.independent.com/2025/07/21/uc-santa-barbaras-new-chancellor-taking-620k-pay-cut/.
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