Word: caps
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Dates: during 2000-2009
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Informed of the lower salary cap yesterday, William A. Strauss ’69, a signer of the letter to Summers, said the change was not sufficient...
...lowering the cap below last fiscal year’s payouts, Harvard will at least cut the salary of Maurice Samuels, who earned $35.1 million in fiscal year 2003. David R. Mittleman, who made $34.1 million, will likely also...
...salary cap reduction comes in the wake of increased scrutiny from alumni, who have called the fund manager payouts inordinate. A group of seven graduates in the Class of 1969, whose November letter to Summers drew newfound attention to the issue, reiterated their objections in another letter this month...
Meyer said the lower salary cap did not represent a structural change in HMC’s compensation formula...
...multi-million dollar salaries paid to the HMC’s top managers have drawn considerable criticism in recent months, and the University recently moved to lower the cap on the managers’ compensation...