Word: faustã
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After the recession, current University President Drew G. Faust argued for investment in research as a “down payment on future innovation in Congress’s recovery package,” a push for research funding for Harvard that was successful. Faust??s dealings with a large number of federal officials—including Speaker Nancy Pelosi, other House leaders, Senator Kerry himself, Senator Charles E. Grassley, and newly elected Mass. Senator Scott P. Brown—are also reminiscent of Bok’s interactions with Senator Kerry and former Senator Kennedy...
...Faust??s presidency to this point has been largely reactive, defined in the past year by the University’s collective response to the financial crisis...
...three-year tenure, Faust??s most direct exercise of presidential power may have been the appointment of seven deans across the University...
...Faust??s salary comes in well below those of some of her Ivy League peers. In 2007, Columbia President Lee C. Bollinger made $1.38 million, while University of Pennsylvania President Amy Gutmann '71 made $1.23 million, according to a study conducted by the Chronicle of Higher Education...
...Faust??s compensation is also dwarfed by that of several Harvard Management Company employees, of whom the highest paid took home more than $6.3 million in 2008. HMC reported pay data for 2008 yesterday that it had already released, citing a change in IRS rules that required reporting by calendar rather than fiscal year...