Word: jacobson
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...sounds like a sweetheart deal for Jacobson so Jacobson can increase what he gets paid," said Albert F. Gordon '59, a retired investment banker and securities analyst for Kidder Peabody and Marcus Schloss, donor and long-time critic...
...Jacobson's colleagues said it is a clear set-back for Harvard...
...stock picker at HMC, Jacobson personally manages $1.6 billion in equities and co-manages a $450 million emerging markets fund. He will leave July 1, having topped HMC's compensation charts in five of the last seven fiscal years...
...Though Jacobson could not be reached for comment, HMC observers speculated that the new arrangement will serve Jacobson well...
...Jacobson]'s leaving is a major disappointment," said Jack R. Meyer, HMC president, in a press release. "His record places him in the highest ranks of investment managers throughout the world...