Lex Fridman Podcast
#413 – Bill Ackman: Investing, Financial Battles, Harvard, DEI, X & Free Speech
Bill Ackman
Yes. So on governance, the governance structure is a disaster. So the way it works today is Harvard has two principal boards. There's the board of the corporation, the so-called fellows of Harvard. It's a board of, I think, 12 independent directors and the president. There's no shareholder vote. There's no proxy system.
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