ACKMAN: Claudine Gay has been asked to resign
I have heard from a source that is reliable but a step or two removed from the situation that the Harvard Corporation has asked President Gay to resign and she has refused.
Gay has apparently said that if she is fired, she will sue. Gay has retained her own counsel.
I can’t 100% confirm the above is true, but if it is, I am sure the Board is concerned about what may emerge in legal discovery in the event of litigation.
At this point, however, what choice does the Board have?
If the Board makes an inappropriate deal on severance or gives Gay a guaranteed position at Harvard, it will look like a payoff to keep her quiet. I can’t see how she stays at Harvard in any capacity.
President Gay’s performance and her academic record issues provide plenty of cause for termination without compensation.
But at every step so far, the Board has made the wrong call and dug a deeper hole for themselves and Harvard.
As we all know, the best time to start making good decisions is now.
The sooner Gay is gone, the sooner repairing the damage can begin.
Excellent news, that is, assuming it's true. Christopher, your dedication and hard work played a key role in all this. I have decided to honor your work by taking out a paid subscription to your substack.
This is like butterscotch candy straight into my veins.
Ask me how glad I am I found you on Twitter a couple of years ago.