Bill Ackman Demands Leadership Overhaul at Harvard, Targets Penny Pritzker
The billionaire criticizes Harvard's governance, diversity policies, and response to federal funding freeze, calling for the replacement of key leaders and a review of its tax-exempt status.
Overview
- Bill Ackman has intensified his campaign against Harvard, calling for the removal of Harvard Corporation's senior fellow Penny Pritzker, citing mismanagement of governance and finances.
- Ackman criticized Harvard's diversity, equity, and inclusion initiatives, claiming they exacerbate antisemitism and fail to promote diverse viewpoints.
- He argued that Harvard mishandled the Trump Administration's demands by suing the government over a $2 billion funding freeze, instead of engaging constructively with the administration's concerns.
- The hedge fund manager suggested that Harvard’s tax-exempt status should be reconsidered if the university continues to act as a political advocacy organization.
- Harvard remains in a legal battle with the Trump Administration over what it describes as unconstitutional demands tied to the federal funding suspension.