University Finances
Harvard Club May Sell Back Bay Annex
The Harvard Club of Boston is considering selling its “annex,” the building that sits to the right of the main clubhouse on Commonwealth Ave. in the Back Bay, according to the Club’s president, Nicholas J. Iselin ’87.
Jay Herlihy Appointed Dean of Finance for FAS
Jay Herlihy will be the new Dean of Finance for the Faculty of Arts and Sciences as of Sept. 26, according to an email sent to members of FAS Friday morning.
The Cost Of Attending Harvard: Less Than You Thought
Data analysis done by Steven Syre at The Boston Globe has revealed that the actual cost of attending Harvard—with financial aid factored in—is considerably less than it initially appears.
Faust Earned More Than $875,000 in 2010
Jane L. Mendillo, president and CEO of HMC, earned $3.5 million. HMC Managing Director and Head of External Management Andrew G. Wiltshire received $5.5 million, making him the highest-paid official at HMC in 2010.
Talk of Anniversary, Parents, and Fundraising at Harvard Commencement
The tally of more than 360,000 living Harvard alumni grew by roughly 7,500 as undergraduate and graduate students from every school of the University marched in Thursday’s Commencement ceremonies.
Clayton Spencer Strikes Out On Her Own, Leaving Behind Long Legacy of Accomplishments
A. Clayton Spencer, Harvard’s vice president for policy, has served as the right-hand woman for four Harvard presidents.
Staying Afloat
Saddled with reduced income from a still-depressed endowment, the University is currently managing increased budget responsibilities while wading through the continued ripples of the financial crisis that struck nearly four years ago.
Harvard Corporation Names New Member
Paul J. Finnegan ’75 has been selected as the newest member of the Harvard Corporation, the University’s highest governing body, the University announced Wednesday.
Senior Bars Were Just Too Wild
Every Friday, The Crimson publishes a selection of articles that were printed in our pages in years past. April 21, 1953: Moscow University Gets Sacred Ibis Threski, the Lampoon's Sacred Ibis, now rests in Russian territory. Semyon K. Tsarapkin, Deputy Representative of the U.S.S.R. in the United Nations, accepted the Ibis on behalf of the Russian Government yesterday at Russian Delegation Headquarters on 680 Park Avenue, New York City. Michael Maccoby and George S. Abrams, CRIMSON President and Managing Editor who made the presentation on behalf of the Lampoon, expressed the hope that the Lampoon's Ibis would find its final resting place on one of the spires of the new Moscow University, to be opened next fall. Mr. Taarapkin and Mr. Svirin, first secretary of the delegation who acted as interpreter, indicated they would send the bird to Moscow immediately and voiced thanks from the U.S.S.R. for the gift.
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Professor Robert Kaplan, center, Professor of Management Practice at Harvard Business School and acting President and CEO of the Harvard Management Company, says Harvard Management Company must focus on the long-term horizon with the endowment, rather than quarters like with mutual or hedge funds, and make the fund sustainable for future generations on Thursday, April 5 in Emerson Hall at “Investing in Harvard’s Future,” as fellow panelists Professor Rakesh Khurana, left, Marvin Bower Professor of Leadership Development at Harvard Business School, and Professor Allen Ferrell, Greenfield Professor of Securities Law at Harvard Law School, listen.
Harvard Professors Discuss University Investments
Harvard professors discussed the challenges of maximizing returns on the University’s investments while simultaneously integrating environmental, social, and governance considerations at a panel hosted by the Undergraduate Council yesterday.
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Professor Robert Kaplan, Professor of Management Practice at Harvard Business School and acting President and CEO of the Harvard Management Company, says Harvard Management Company must focus on the long-term horizon with the endowment, rather than quarters like with mutual or hedge funds, and make the fund sustainable on Thursday, April 5 in Emerson Hall at “Investing in Harvard’s Future.”
Hey Hey HEI, Goodbye
From left, Jia Hui Lee ‘12, Edith C. Benavides ‘14, and Cassandra E. Euphrat Weston ‘14 talk after a rally celebrating Harvard’s decision not to reinvest in funds managed by HEI Hotels and Resorts, which was criticized by labor groups.
SLAM Celebrates University Decision Not To Reinvest in HEI
The Student Labor Action Movement held a celebration Tuesday afternoon in response to Harvard’s recent decision not to reinvest in HEI Hotels & Resorts, a hotel chain that has come under fire for repeated allegations of failure to comply with labor regulations.
