University News

Breaking developments, leadership announcements, and policy changes from across Harvard’s schools and administration.

Harvard Faculty of Arts and Sciences Appoints a New Finance Dean

Warren Petrofsky joins at a crucial moment when the FAS is dealing with a $350 million deficit.

by Lydialyle Gibson

Harvard Management Company compensation, investments

Harvard Management Company refines its compensation system, and aims to gain more advantageous terms for assets managed externally.

Harvard arts and science budget cuts

The Arts and Sciences dean explains steps toward budget balance in fiscal year 2012--and concerns from financial aid to deferred capital projects.

On Harvard governance and management

On University governance and management

Lee elected Harvard Corporation member

A successor to departing Senior Fellow James R. Houghton

Harvard reboots its planned expansion in Allston

With construction on its huge science facility in Allston halted, Harvard reconsiders its planned expansion there.

Harvard Corporation senior fellow James R. Houghton to retire

James R. Houghton, senior fellow of Harvard’s senior governing board, will step down on June 30.

Harvard FAS narrows budget chasm

…but more hard work remains to be done.

Harvard endowment prospects

UPDATED. Other institutions’ endowment results—and further budget cuts—suggest the challenges facing Harvard Management Company and the University.

Harvard Arts and Sciences faculty pares deficit

The Faculty of Arts and Sciences lessens its budget problem, but an $80-million financial shortfall remains.

Timberlake and Hathaway snag Pudding pots, Carlos Slim gift, IRS audit, and more

UPDATED. Our roundup also includes news of a gift from Carlos Slim, a favorable ranking of Harvard's value among colleges, and an audit by the IRS.