Word: houghtons
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...meeting with members of the Faculty Council on April 25, two members of the Corporation, James R. Houghton ’58 and Hanna H. Gray, spoke generally of slowing the pace of major Harvard initiatives during a period of “convalescence” at the University, according to two professors in attendance...
According to one Faculty Council member who attended an April 25 meeting between six members of the Faculty Council and two members of the Corporation, James R. Houghton ’58, the senior fellow of the Corporation, dubbed the University’s planned expansion into Allston “maybe the biggest thing that’s happened since...
...phone was ringing constantly at the desk of James R. Houghton ’58, senior fellow of the Corporation, as news of Summers’ remarks first emerged, recalled an employee in Houghton’s office who refused to give his name. Harvard insiders were surely curious to gauge Houghton’s reaction to the faculty uproar, which was then only beginning to gain momentum. Would he lead the Corporation in defense of the besieged president...
From his offices in upstate New York, Houghton serves as chairman of two mighty corporations: Corning, Inc., the $23 billion technology firm, and Harvard University, the $27 billion institution of higher learning. (He’s also chairman of the Metropolitan Museum of Art and a director at MetLife and ExxonMobil, among other high-powered projects...
...Houghton, who earned $5.6 million last year at Corning, is paid nothing for his service to Harvard, but his influence over the world’s most prestigious university is boundless. Several individuals close to members of the Corporation, including their friends and former Harvard officials, say that as the board’s most senior member, Houghton effectively exercises veto or approval power over nearly every major decision at the University. His support would be essential if the president were to survive the growing drumbeat of criticism...