Word: managerized
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Harvard’s top fund manager will see a pay cut next year following a flurry of alumni criticism of the University endowment managers’ multi-million dollar salaries.
Harvard Management Company (HMC) President Jack Meyer said yesterday that the maximum fund manager compensation had been lowered, and University President Lawrence H. Summers indicated the difference would be substantial.
The salary cap reduction comes in the wake of increased scrutiny from alumni, who have called the fund manager payouts inordinate. A group of seven graduates in the Class of 1969, whose November letter to Summers drew newfound attention to the issue, reiterated their objections in another letter this month...
“It’s such an absurd solution,” says Peter Challis, a project manager and technical specialist who works for Kirshner at the Center for Astrophysics. “It doesn’t sit well with a lot of our group.?...
Unfortunately the bleep - intended as a fleeting comic throwaway inspired by the famously blue-talking diva - did not happen.? My KCRW engineer - still employed at the station - forgot.? And this moment became what Ruth Seymour, my station manager, would describe to Reuters as my very own "Janet Jackson performance piece...