Harvard Names Ex-Merck CEO Frazier, KKR's Bae to Its Board.

Harvard University has appointed Kenneth Frazier, the former CEO of Merck & Co., and Joseph Bae, the co-CEO of KKR & Co., to its governing board. The university's interim president, Alan M. Garber, stated that both individuals are committed to academic freedom, inclusion, and excellence in teaching and research. The appointments suggest that Harvard does not plan to make significant changes despite facing criticism and challenges, including accusations of antisemitism, a donor revolt, and inquiries from congressional committees. The university's previous president, Claudine Gay, resigned after allegations of plagiarism and a controversial response to a Congressional hearing. Critics, including billionaire investor Bill Ackman, have raised concerns about Harvard's support for diversity and inclusion efforts, selective enforcement of free speech, and governance. [Extracted from the article]