Bill Ackman backs ‘fresh blood’ for Harvard governing board

Hedge fund manager Bill Ackman is wading further into the conversation about Harvard University‘s governance, backing four outsider candidates to bring “fresh blood and new perspectives” to the Board of Overseers.

Ackman, who holds a B.A. and M.B.A. from the school, threw his support behind a coalition of insurgent candidates running for the Board of Overseers under the name Renew Harvard. The billionaire is widely seen as a major force in the ouster of former Harvard President Claudine Gay.

The school’s Board of Overseers is one of two governing bodies at Harvard, along with the President and Fellows, which is otherwise known as the Corporation. The overseer board, founded in 1642, governs a wide variety of university projects that maintain “the quality of Harvard’s programs and assures that the University remains true to its charter as a place
Read more…

Please follow and like us: