Khayat, who retired at the end of June after 14 years as the university’s leader, is expected to start back next month as a university consultant, distinguished professor and chancellor emeritus.
“I’m grateful for the opportunity to work with the university and (Ole Miss Chancellor Dan) Jones and my friends,” he said Wednesday.
The hire is pending approval from the state College Board. The item is on the consent agenda for the board meeting today.
Khayat will be paid $160,875 a year – half of which will come from the University of Mississippi Foundation.