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Houghton, an elegant industrial magnate in a bold pinstripe suit, says it’s now time “to pass the baton,” and he does so in a period of flux.
The Corporation is an aging body. Unchanged in structure since the University’s founding in the 17th century, the same seven-person board oversees what grew from a small New England seminary to become what may be the world’s most advanced and complex institution of...
The Corporation of the distant past consisted of a group of six Boston attorneys who would meet with the President every other week, according to Reischauer. Such frequent interactions—and consistent presence on campus—made Corporation members an active part of the campus community.
At WilmerHale, Lee expanded the audience for his “state of the firm address” from including only partners to every layer of the firm’s employment. Likewise, Houghton raises the possibility of an annual letter to the community from the Corporation as a potential...
“I’m now old enough that I’ve seen four major economic downturns and every time there is an economic tsunami, the vision and strategic plan of an institution always gets questioned and the people who are leading the institution get questioned,?...