February 27, 2024

Native Information

The Harvard Company is a robust board that governs the college. Right here’s what we all know concerning the members.

Harvard has been convulsed by calls for for the resignation of its president. Christopher Capozziello for The New York Instances

Amid the turmoil over Harvard College’s president, Claudine Homosexual, the highly effective board governing the college has been thrust into the highlight. Regardless of the mounting scrutiny over Homosexual, the Harvard Corp. has up to now proven assist for her.

The Harvard Corp. — formally referred to as the President and Fellows of Harvard Faculty — consists of 13 members (one place is presently unfilled), is chargeable for the hiring of the college president and is the arbiter of main coverage choices. Members, who meet a number of occasions a yr, are usually not paid for his or her position.

The board, the smaller and extra highly effective of two governing boards at Harvard, dates again to 1650, making it the oldest company within the Western Hemisphere, based on the college. For generations, the company was made up of solely the college president and 6 others, nevertheless it expanded in 2010 to 13 members amid requires clearer communication with the broader Harvard neighborhood, based on the varsity’s Workplace of the Governing Boards.

Right here’s what to know concerning the board’s present members.

Timothy R. Barakett

Barakett is the college’s treasurer and a donor. He based the now-fallen hedge fund, Atticus Capital, which he led as chair and CEO for 15 years. Barakett has additionally labored in philanthropy.

Kenneth I. Chenault

Chenault is the chair and a managing director for Basic Catalyst, a enterprise capital agency. Beforehand he served as chair and CEO of American Categorical Co. Chenault has served on the boards of many influential firms, together with IBM and Procter & Gamble. He’s additionally a board member of the Smithsonian Establishment’s Nationwide Museum of African American Historical past and Tradition, and Bloomberg Philanthropies.

Mariano-Florentino (Tino) Cuéllar

Cuéllar is a former justice of the Supreme Court docket of California. Cuéllar labored within the White Home for the Clinton and Obama administrations and served as co-chair of the U.S. Division of Training’s Fairness and Excellence Fee and of the Immigration Coverage Working Group for the Obama-Biden Transition Challenge. He was additionally the particular assistant to the president for justice and regulatory coverage throughout President Barack Obama’s first time period. For twenty years, he was a Stanford College school member.

Paul J. Finnegan

Finnegan is the previous treasurer for Harvard, a former member of the Harvard Board of Overseers and a earlier president of the Harvard Alumni Affiliation. Finnegan is the chair of the Chicago-based private-equity funding agency Madison Dearborn Companions, which he helped discovered within the Nineties. He’s a present member and former chair of the Chicago regional advisory board of Train for America and is the previous treasurer of the group’s nationwide board of trustees.

Claudine Homosexual

Homosexual grew to become Harvard’s president in July, and concurrently serves as a member of the board. She is Harvard’s first Black president and the second lady to carry the place. Homosexual obtained an undergraduate diploma in economics from Stanford College and a doctorate in authorities from Harvard.

Biddy Martin

Martin is a German research scholar. Martin was the chancellor of the College of Wisconsin-Madison and the longest-serving provost at Cornell College, the place she led initiatives for monetary assist and the humanities. She additionally served because the nineteenth president of Amherst Faculty.

Karen Gordon Mills

Karen Gordon Mills served because the administrator of the U.S. Small Enterprise Administration below Obama for greater than 4 years. She was additionally a member of the Nationwide Financial Council.

Diana L. Nelson

Nelson is one other former member of the Harvard Board of Overseers. Nelson has been closely concerned in alumni efforts — she was co-chair on the Harvard Faculty Fund and a School of Arts and Sciences process power for undergraduate college students. She has had her hand within the nonprofit sector, holding management positions in organizations geared towards kids and the humanities. She was acknowledged by Queen Silvia of Sweden in 2007 for her work to assist exploited kids.

Tracy Pun Palandjian

Palandjian is the CEO and co-founder of Social Finance, a nonprofit investing in areas comparable to housing and training for low-income and traditionally marginalized populations. She is a board member for the Boston Basis, one of many nation’s oldest neighborhood foundations. Palandjian is a former member of the Board of Overseers, the place she was the vice chair of the chief committee and chair of the colleges committee and visitation subcommittee. Palandjian’s household can also be a significant donor to the college.

Penny Pritzker

Pritzker is the lead member of the Harvard Corp. A billionaire businessperson, an inheritor of the Hyatt lodge fortune and the sister of J.B. Pritzker, the governor of Illinois, Penny Pritzker was an early backer of Obama’s candidacy for president and later served as U.S. secretary of commerce in his administration.

Shirley M. Tilghman

Tilghman is the previous president of Princeton College, recognized for her work in molecular biology. Tilghman additionally chaired the evaluation of life sciences at Harvard earlier than her time on the board.

Theodore V. Wells Jr.

Wells is a trial lawyer and co-chair of the litigation division of the legislation agency Paul, Weiss, Rifkind, Wharton & Garrison. Wells was a chair of the board of administrators for the NAACP Authorized Protection and Instructional Fund, and in 2011, he gained the Thurgood Marshall Lifetime Achievement Award.

This text initially appeared in The New York Instances.