korrents

Our readingWhat is a korrent?

Harvard's governance is broken because its self-perpetuating board can never be rebalanced from outside.

Drawn from what Bill Ackman said

management
What this subject means

management Running the place: an executive's calendar, dissent, severance, and what a manager is actually for.

What Bill Ackman actually said

  1. Bill Ackman Founder and chief executive of Pershing Square Capital Management
    It's really a self-perpetuating board that effectively elects its own members. Once the balance tips, politically, one way or another, it can be kept that way forever. There's no kind of rebalancing system.

Added to korrents 7 Sept 2026 · How quotes work · Something wrong? Tell us

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