Word: corporationã
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...future of the University. If the Corporation commits itself to the best parts of Summers’ legacy, then these past five years will be remembered, not as tragedy, but as the first part of a great renewal of this great university. If instead, the Corporation??s response is to retreat and leave the vision behind with the man, then the past year will be a watershed marking the onset of Harvard’s decline...
Also on the conference call, the Corporation??s senior fellow, James R. Houghton ’58, said that “Larry Summers has served Harvard with extraordinary vision and vitality...
Calling the resignation “as difficult a decision that I’ve had to make,” Summers said that he consulted with members of the Harvard Corporation??the University’s highest governing body with the sole authority to fire the president—prior to reaching a conclusion...
Houghton is the only one of the Corporation??s five fellows who served on the board when it first hired Summers...
Provost Steven E. Hyman, Harvard’s second-highest ranking official, is expected to retain his post, according to the Corporation??s open letter...