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Brett C. Sweet, dean of administration and finance for the Faculty of Arts and Sciences, will leave Harvard in late July to assume the role of Vice Chancellor and Chief Financial Officer at Vanderbilt University, FAS Dean Michael D. Smith announced Thursday morning...
...September, as Harvard's endowment was on its way to an unprecedented four-month decline of 22 percent that would mean sweeping budget cuts for Harvard's largest school. A stalwart presence at Smith's side during these cutbacks and layoffs, Sweet has served a crucial role in the FAS administration, which has found itself saddled with a $220 million annual deficit to close over the next two years...
Smith said Sweet told him of the news “just recently,” sometime during June, but he declined to provide a precise date. The news came as a surprise, Smith said, adding that despite the FAS leader’s best efforts to convince Sweet to stay, the finance dean stood firm...
...principal for the Boston Consulting Group—traveling to different states and even consulting for BMW in Germany for a year, according to Mrs. Sweet. He then served as executive vice president for administration and finance at Baylor College of Medicine before taking the reins of FAS finances last September...
...cuts amount to a 2.5 percent reduction in the School's staff workforce, according to FAS spokesman Steve Bradt, who also said that no faculty were affected by the downsizing. He declined to state where the layoffs occurred, saying only that they were spread throughout FAS. But Harvard College Library, a unit of FAS, was the source of roughly 20 of those 77 layoffs, according to an announcement last week that also said the libraries had cut hours for several others employees...