Word: rubin
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Harvard Corporation member Robert E. Rubin ’60 has resigned from the board. No, not that board...
...fact, although Rubin stepped down from Ford Motor Company’s board last month, he said he has no plans to leave Harvard’s executive board any time soon...
Harvard Corporation member Robert E. Rubin ’60 has resigned from the board. No, not that board. In fact, although Rubin stepped down from Ford Motor Company’s board last Thursday, he says he has no plans to leave Harvard’s executive board any time soon. Rubin, who has served on the Corporation since April 2002, was former University President Lawrence H. Summers’ most adamant supporter on the Harvard board this past winter. That put him at odds with his fellow Corporation members, who—sources say—pushed...
...Indeed with the company foundering, former Treasury Secretary Robert Rubin resigned from the Ford's board of directors Friday, citing possibility of a conflict of interest revolving around the Citigroup's ties to the automaker. Rubin's resignation gave new impetus to speculation that the Ford family was thinking of either taking company private or even preparing for a possible merger or alliance with another auto giant or even selling off parts of the company like Jaguar and Volvo."It suggests that some large changes are happening at the Ford Motor Co. that go way beyond the 'Way Forward' plan...
...resignation letter, Rubin notes that Ford directors are preparing for an upcoming review of strategic options. "Although no conflict currently exists and while I would have liked to remain involved, I have with great regret concluded that I should resign from the Board at this time," he says...