Updated

The California State University system has selected a new chancellor to lead the nation's largest collection of four-year schools.

University officials said Thursday that Timothy P. White, currently the chancellor of the University of California, Riverside, will take charge of the 23-campus system.

The 63-year-old White will replace Charles Reed, who is retiring after 14 years.

White is expected to start the job at the end of December and will receive an annual salary of $421,500, the same as Reed.