The Harvard Corporation has voted to allow schools to take capped amounts of money out of the endowment for the next three fiscal years in an effort to insulate budgets from fluctuations in Harvard’s investment returns.
Harvard’s presidential searches are famous for their secrecy, as the search committee endeavors to fend off national media scrutiny and Crimson reporters in pursuit of a scoop.
As they left Loeb House on an unseasonably warm Monday morning, several search committee members declined to comment on the subject of Sunday’s meeting.
If history is any indication, faculty on the committee advising the search for Harvard’s next president will be involved until the very end of the search, while students will play a far more limited role.
The search for Harvard’s next president remains in “information-gathering mode” and has not yet discussed individual candidates, according to members of the committee leading the search.
What does the head of Harvard's presidential search committee want in the University's next leader? We analyzed a recent interview to find out.
All twelve members of the Harvard Corporation and three members of the Board of Overseers will sit on the committee to replace University President Drew G. Faust.
While Harvard will conduct the process from behind closed doors, its past presidential searches shed light on how one of the world’s most prestigious schools will choose its next leader.