Word: mittelman
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Dates: during 2000-2009
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...Meyer’s departing associates, David R. Mittelman and Maurice Samuels, have consistently led the management company’s copious and oft-criticized payrolls. The pair of bond managers, whose stellar returns have served as the backbone of the endowment’s recent surge, pulled in $25.4 million and $25.3 million, respectively, last fiscal year...
...while the money at stake is enormous, the firm’s offices maintain a strictly casual air. Polo shirts and sweaters far outnumber suits and ties, even among the most senior portfolio managers. One afternoon in October, David R. Mittelman, Harvard’s star manager of domestic bonds who earned $25.4 million for his work last fiscal year and $34.1 million the year before that, rocked back in his chair on the trading floor, sporting khaki pants and a short-sleeve, collared shirt...
...David R. Mittelman and Maurice Samuels, whose extraordinary salaries sparked a mild outcry among some students and alumni last year, once again led the management company’s payroll, earning $25.4 million and $25.3 million, respectively, in the fiscal year which ended June...
Those salaries were well below Mittelman and Samuels’ compensation in fiscal year 2003, when the two bond managers pulled in $34.1 million and $35.1 million, respectively...
Among reported salaries in higher education, the top earners at the Harvard Management Company have no comparison. In American professional sports, only Kevin Garnett and Shaquille O’Neal earned more last season than Mittelman and Samuels earned last fiscal year, according to the USA Today annual survey of athlete salaries...