Word: boarded
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...much of that money has been retracted after the endowment’s recent underperformance. According to HMC’s policies, which emphasize sustained, long-term growth, internal investment managers are awarded bonuses if they grow the value of the endowment above benchmarks set by the HMC Board, but those bonuses can be retracted in later years if the fund underperforms benchmarks...
...seekers are hopping on board too. Last spring, after Stephen Bhadran got laid off, he quickly realized there were more openings for computer programmers in Dallas, Atlanta and Los Angeles than in South Florida, where he lived. So he cast a wide net - and got a bite from the University of California, Los Angeles. The university wanted to interview him but wouldn't pay the airfare. "I was laid off and running out of funds," says Bhadran. "I couldn't fly on my own dime." He suggested interviewing by Skype. He got his request - and the job. (See the best...
...College Events Board is scrapping the idea of headlining its Harvard-Yale pep rally with a star performer this year, saying that budget cuts and a desire to have a “more traditional” event have encouraged the CEB to highlight student organizations and the football team instead...
...Right before I’m supposed to board my plane for Boston, I get an e-mail from the sponsors saying that we have a problem,” he said, citing the “threat of a disturbance” as the reason given for his exclusion. He was given the news of the invitation’s withdrawal five days before he was scheduled to speak...
...prize committee, which is appointed by former cell-phone magnate turned philanthropist Ibrahim and his board, is nevertheless completely independent. It's a star-studded lineup that is chaired by former U.N. Secretary-General Kofi Annan and includes former Finnish President and Nobel laureate Martti Ahtisaari, former International Atomic Energy Agency head and Nobel laureate Mohamed ElBaradei and former Irish President Mary Robinson. The committee said it would not discuss its thinking behind this year's non-award, though Robinson did note that it would have been hard to award a similar prize to a recently retired leader from...