Word: resign
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With Summers now set to resign at the end of the academic year, the Corporation scrambled to find somebody who could temporarily fill the University’s top spot. The top three contenders for the position were Keohane, an experienced University administrator, Provost Steven E. Hyman, Summers’ deputy, and Derek C. Bok, a former Harvard president who led the University from 1971 to 1991. Keohane promptly removed herself from consideration, according to the source close to the Corporation, and the fellows thought Hyman was too closely associated with Summers to be a viable replacement...
...resignation announcement was set for 9 a.m. that Tuesday, but the statement was delayed until shortly after 1 p.m. due to last-minute negotiations, according to two professors close to Mass. Hall. One of the professors says that Corporation members were attempting to dilute the acerbity of Summers’ letter, while the other says it was the severance-package negotiations that caused the delay. In the end, Summers’ letter stated that “rifts” with “segments” of the FAS faculty had made his ability to govern...
...Many observers say that the events of this past February, when University President Lawrence H. Summers decided to resign, suggest that the Board is still little more than a “rubber stamp,” in the words of Harvard historian Andrew B. Schlesinger ’70. Six days after Summers says he chose to step down, and just hours before his resignation was made public, several overseers said they had yet to be informed about the change at Mass. Hall...
...members of the Board also say that they were kept in the dark about Summers’ plans to resign until Feb. 21, the day of his announcement...
When conservatives on the Board tried to block the appointment of economist John Kenneth Galbraith in 1948, for example, University President James Bryant Conant ’14 threatened to resign if the Overseers did not confirm the appointment. As Andrew B. Schlesinger ’70 recounts in his book, “Veritas: Harvard College and the American Experience,” the Overseers promptly backed...