Jay Rothman, chairman and chief executive officer of Milwaukee-based Foley & Lardner LLP, was appointed Friday as the next University of Wisconsin System president.

The UW System board of regents voted Friday to offer Rothman the position. He begins June 1 and will earn $550,000 annually, according to a UW System announcement.

He will be the system’s eighth president, succeeding current interim president, former Wisconsin Gov. Tommy Thompson.

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