The center, which has been renamed after donors Richard A. Smith ’46 and his wife Susan F. Smith, will undergo construction beginning in 2016.
Intellectual property lawyer and Harvard Corporation member William F. Lee ’72 will lead the Corporation starting in the summer of 2014, the University announced in a press release Tuesday afternoon.
Less than a week after University President Drew G. Faust released a letter reaffirming the University stance against divestment from fossil fuels, divestment advocates said they remain unsatisfied with Faust’s position and will continue their activism.
The letter serves as Faust’s first formal rebuttal to months of petitions and protests from both students and alumni groups pushing for divestment of Harvard’s $33 billion endowment from fossil fuel companies.
University President Drew G. Faust criticized President Barack Obama’s proposal to tie federal financial aid to government-created college rankings, a legislative goal that Obama has championed as a key step to making college more affordable.
An afternoon packed with star-studded events for Harvard’s alumni and donors kicked off the public phase of Harvard’s potentially record-breaking capital campaign on Saturday.
The University has already raised $2.8 billion in donations and pledges from more than 90,000 supporters in the fundraising drive’s quiet phase.