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...Wellesley hiatus, where she built the school’s investment office and re-engineered its portfolio. “Wellesley’s in a very good position thanks to Jane’s work,” says Deborah F. Kuenstner, Wellesley’s current chief investment officer. “She’s very good at thinking about the endowment in a long-term context—not just [in] this quarter or this year.”For much of her tenure at Harvard thus far, Mendillo has worked from dawn to dusk...
...Over the last year, some of the people involved in the Committee on House Life synthesized research obtained from focus groups, five House Program Planning Subcommittees, and student surveys. Chief among their findings, Nelson says, was that the Houses needed to be modernized—and not merely with cosmetic improvements like fresh coats of paint, but rather with extensive interior renovations like replacing internal plumbing...
...defined “formidable financing challenge”). Subsequent letters were similarly quiet on the subject.BORROWING TO BUILDIn most cases, Harvard uses a mix of debt, philanthropy, and University resources for capital construction—a financing scheme the University intends to follow in Allston, according to Chief Financial Officer Dan Shore. But concerned that Harvard was lagging behind its peers in scientific prowess, Summers-era administrators made expedience their goal—planning to fast-track construction through debt financing, without the donor support University planners usually prefer.“If we can’t move...
General David H. Petraeus, chief of U.S. military operations in much of the Eastern Hemisphere, including the Middle East, lauded the importance of “individual leaders” in a speech at the ROTC Commissioning Ceremony in Tercentenary Theatre yesterday. After beginning his speech on a comedic note, Petraeus encouraged “what must be the smartest new members of our military” to make use of the leadership skills they had developed through their training. He also implored them to follow “five critical admonitions”: “lead by example...
...know of openly supported a particular candidate, even though many had private opinions they would readily share. (I was barred from expressing my opinion as a reporter covering the search, so I will do so now: I favored Harvard Law School Dean Elena Kagan or Howard Hughes Medical Institute chief Thomas R. Cech, a Nobel laureate in biology...