Word: mittelman
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Dates: during 1990-1999
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...Dave Mittelman, a senior vice president of Harvard Management Company (HMC) and director of its fixed income investments, earned $1,237,874 in salary and bonuses, according to information the company filed with the Internal Revenue Service (IRS) yesterday...
...amount--nearly double the $682,000 Mittelman was paid the previous year--makes him the company's highest paid official for the second year in a row and the second highest paid in its history...
Another HMC vice president Jon Jacobson, who manages the company's equity portfolio, placed a distant second behind Mittelman in compensation, collecting $770,814 in fiscal 1992. Jacobson earned $425,000 the previous year...
...addition to Mittelman, Jacobson and Meyer, HMC Vice President Timothy Peterson also cleared half a million dollars in fiscal 1992. Peterson, who manages the company's high-yield portfolio, earned $547,373, compared with the $400,666 he was compensated in fiscal...
These figures represent a drop-off from1988-89, when two Harvard money managers earnedmore than $1 million each. Still, Mittelman's$682,000 paycheck for 1990-91 is more than threetimes the $199,986 that then-Harvard PresidentDerek C. Bok earned in 1989-90, the most recentyear for which figures are available...