Word: chief
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...Smith unveiled “reshaping”—a general charge to implement broad structural changes that have yet to be determined. The news came a few weeks after the University announced in mid-March that the endowment payout—the school’s chief source of revenue—would fall by more than 15 percent over the next two years. “Reshaping” had replaced “resizing” (what happened to the coffee at afternoon meetings) as the new buzzword. The concept arose organically from University-wide...
...years on Wall Street and brought a personal charm to a position that would require great collaboration across the historically decentralized University. “He has a great sense of humor—very disarming in that way,” says the University’s Chief Financial Officer Daniel S. Shore of his colleague...
...just less than a year, Forst, who formerly served as Goldman Sachs’ chief administrative officer, had refinanced Harvard’s capital structure to reduce the University’s risk in its investment strategies. From his vantage point in Mass. Hall, Forst—described as “data-driven” by Christine M. Heenan, the University’s vice president for government, community, and public affairs—was able to identify inefficiencies in the University’s administrative system and consolidate University-wide procurement of resources, Shore says. Perhaps his years...
...Since Forst arrived at Harvard, Faust and the Harvard Corporation—the University’s chief governing body—have relied on his financial acumen and ability to reach out to the schools, and Faculty members have taken note of his high visibility. A regular at both social functions and meetings with high-level administrators, Forst describes his style as a “much more ‘pick up the phone and talk to people’—as there’s a real-time need to do that...
...Chief Executive and Chairman of JPMorgan Chase Jamie L. Dimon spoke before the 900 graduating students of the Harvard Business School yesterday as part of HBS’ Class Day festivities. Both Dimon and student speaker Thomas C. Rajan struck melancholy tones in their remarks, emphasizing the need for greater reflection and responsibility among business executives in the current economic climate. The event was held on Baker Lawn in the afternoon, and light rain periodically fell as students and their families gathered to honor HBS professors, present the class gift, and celebrate the conclusion of their studies. Following brief remarks...