Harvard Business School Dean Nitin Nohria will step down from the board of directors of Tata Sons when his term ends next month.
Documents also showed recruited athletes of low academic standing had an acceptance rate nearly a thousand times greater than that for non-athletes of the same standing.
Thomas J. Hollister, chief financial officer of the University, said the president-elect has long been “intimately involved” in Harvard's financial affairs as a Corporation member.
As the aftershocks of the Corporation’s decision continue to reverberate through campus, and as a former Corporation member prepares to take Harvard’s top job, some wonder whether the University is entering a new era: the age of the Corporation.
But for all of Bacow’s and Summers’s differences and similarities, one element will likely remain as constant for the second Larry as it did for the first: an attentive Faculty eager to push the boundaries of its governing power.
Dean of the Faculty of Arts and Sciences Michael D. Smith, who is stepping down at the end of the year, made $701,956 in total salary and benefits in 2016, while Provost Alan M. Garber ’76 and made $871,960.
The uptick in lobbying fees came during a year in which Harvard—and higher education more broadly—faced a number of legislative challenges.
University President Drew G. Faust will meet with two members of Congress this week to discuss a proposed bipartisan repeal of the endowment tax passed in December.
Harvard has raised $9.1 billion as part of its ongoing capital campaign as of March 31, according to a dean of the University and multiple alumni who attended a celebratory event in Sanders Theater Saturday afternoon.
Harvard owns 7,500 acres of vineyards in Cuyama Valley, California. Water scarcity threatens the future of agriculture in the region.
The Republican tax overhaul passed in December may impact the pensions of Harvard employees hired before 2001 and the University is currently “reviewing” the situation.
Kathryn “Kat” A. Taylor ’80, a member of the University's second highest governing body, publicly called on Harvard to divest from fossil fuels Wednesday afternoon.
Kathryn “Kat” A. Taylor ’80, a member of the Board of Overseers—the second highest governing body of the University— publicly called for Harvard to divest from fossil fuels Wednesday afternoon.
David M. Rubenstein, a member of the Harvard Corporation, discussed his non-linear path to private equity, outlined his philanthropic vision, and ruminated on past failures at a Harvard Business School event Monday.
Protesters called on Baupost—which holds $931 million of Puerto Rico’s debt—to cancel its holdings in Puerto Rican bonds and demanded Harvard divest $2 billion from Baupost.