Word: goldinã
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Dates: during 2003-2003
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...dispute over Goldin??s contract originated when Silber changed his mind and decided to remain on the Board of Trustees when Goldin took over as president—despite Silber’s former announcement that he would step down completely at that time. But Goldin demanded that Silber adhere to his original promise of leaving the university administration, angering some board members, according to the Boston Globe...
According to the Boston Globe article, Goldin??s contract included conditions that stunned the trustees. He wished to live part-time in his home in Malibu, Calif., and to fire many top administrators. Goldin suggested that a fresh start for the university would involve breaking all ties with Silber and replacing the provost, the treasurer and several deans of the University, all of whom were favorites of the Board...
...president. He was set to take office last Saturday—that is, until the trustees rescinded their offer late last week, agreeing to pay a $1.8 million settlement in compensation for the termination of his contract. The deal-breaker for the trustees was not Goldin??s stipulation that he frequently be allowed to spend weekends at his home in Malibu—in July, they agreed to provide him with first-class tickets. What ruffled their fiduciary feathers were his demands that former Chancellor of BU John Silber resign his office and that nearly all the school?...
...being considered as a replacement for Westling, he made his views crystal clear, telling Silber to his face, “You have to step aside.” As Goldin reiterated recently, “There can only be one president.” Silber, who initially endorsed Goldin??s candidacy, resigned the chancellorship in late August, and Goldin made clear to the board last week that “those issues are behind us and require no further discussion...
Rather than reciprocate Goldin??s reasonableness, however. the board of trustees has chosen a reactionary course, demonstrating the ingrained resistance to change of the BU administration. Not only did the board’s reversal entail a costly settlement, it also tarnished the school’s credibility. After this move, BU is likely to face a great deal of difficulty in persuading qualified candidates to even bother applying for the seemingly-puppet presidency. BU’s leadership should take the opportunity to fix itself now—otherwise its predicament will only become more embarrassing...