▁and ▁is ▁elected ▁by ▁the ▁Reg ent ▁House ▁for ▁a ▁term ▁of ▁up ▁to ▁seven ▁years . ▁ ▁Prior ▁to ▁ 1 9 9 2 , ▁the ▁position ▁was ▁part - time , ▁the ▁post - holder ▁having ▁other ▁college ▁and ▁fac ulty ▁duties . ▁In ▁fact , ▁between ▁ 1 5 8 7 ▁and ▁ 1 9 9 2 ▁all ▁hold ers ▁were ▁concurrent ly ▁Masters ▁of ▁one ▁of ▁the ▁University ' s ▁colleg es . ▁Until ▁the ▁late ▁nin ete enth ▁century , ▁the ▁term ▁was ▁generally ▁one ▁year , ▁though ▁this ▁was ▁extended ▁to ▁two ▁years ▁until ▁the ▁post ▁became ▁full - time ▁in ▁ 1 9 9 2 . ▁ ▁Since ▁ 2 0 0 3 , ▁the ▁Vice - Ch an cell or ▁has ▁been ▁assist ed ▁by ▁five ▁Pro - V ice - Ch an cell ors . ▁For ▁the ▁year ▁ 2 0 0 7 - 0 8 , ▁Al ison ▁Richard ▁was ▁paid ▁" £ 2 2 7 , 0 0 0 ▁in ▁sal ary ▁and ▁per ks ." ▁In ▁ 2 0 1 7 - 1 8 , ▁Vice - Ch an cell or ▁Stephen ▁To ope ▁earned ▁a ▁basic ▁sal ary ▁of ▁£ 4 3 1 , 0 0 0 , ▁a ▁significant ▁increase ▁from ▁his ▁prede cess or ' s ▁sal ary ▁of ▁£ 3 4 3 , 0 0 0 . ▁ ▁Vice - chan cell ors ▁ ▁See ▁also ▁ ▁List ▁of ▁Chan cell ors ▁of ▁the ▁University ▁of ▁Cambridge