Word: worthing
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...real estate—comprised roughly a quarter of the then-$37 billion endowment.Eventually, during these early years, she became vice president of external management, a post that had her overseeing investments in private equity, real estate, and emerging markets—a portfolio that grew to be worth $7 billion.After having gained extensive experience and knowledge of portfolio management during her first decade and a half at HMC, Mendillo departed in 2002 to take the top investment job at Wellesley, where she managed the school’s billion-dollar endowment. There, she implemented an investment strategy similar...
...them.”As both a professor and an administrator, May was calm and thoughtful, yet genial in his interactions with others. “He would rarely say 10 words when he could make his point in eight,” Zelikow said.A native of Fort Worth, Texas, May ventured westward to UCLA for his undergraduate and graduate degrees before spending the Korean War working as an historian for the U.S. Joints Chiefs of Staff. In 1954, he arrived in Cambridge, where he would spend the rest of his professional life.As a young professor, May was known...
...draws attention, and “looks like a leader.” Various studies have shown that tall men are often favored, and corporate CEOs are taller than average. Moreover, tall men tend to earn more than shorter men. Other things being equal, an inch of height is worth nearly $800 a year in salary. But that may simply tell us about the stereotypes of what corporate boards think a CEO should look like and not that taller men are better leaders. Some of the most powerful leaders in history, such as Napoleon, Stalin, and Deng Hsiao Ping were...
...permanently decide that transfer students are one of the things the school is better off without than with. I fear that institutional inertia will lead Harvard to continue along its current path rather than return to what was, but in this case, it’s worth it to overcome that inertia...
...Christopher M. Gordon, chief operating officer for Harvard’s Allston Development Group, in a University press release. “This investment is a continuation of our important partnership with the city of Boston.” The Cooperation Agreement required the University to provide $25 million worth of community benefits to Allston in order to proceed with construction. The Agreement was approved through an expedited process after the University argued that the Science Complex was needed to support groundbreaking research, including stem cell science. According to the University’s statement, Harvard is expected to provide...