3. College presidents who sit on corporate boards have faced criticism and even lawsuits when things go wrong. Some have decided it’s not worth the hassle. Match the college leader with the board from which he or she resigned:
A. Erroll B. Davis Jr., then-chancellor of the University System of Georgia
B. Ruth J. Simmons, president of Brown U.
C. E. Gordon Gee, president of Ohio State U.
D. Shirley Ann Jackson, president of Rensselaer Polytechnic Institute
a. Stepped down last year from the board of Massey Energy Company, owner the West Virginia mine where 29 miners died in April.
b. Resigned board position at BP five days before the company’s Deepwater Horizon oil rig exploded in April.
c. Left the board of Goldman Sachs in March, a month before the Securities and Exchange Commission charged the company with fraud for its role in the subprime-mortgage crisis.
d. Left the board of NYSE Euronext in April, but is paid more than $1-million annually for service on five other boards, in addition to an academic salary of $1.6-million.
Yeah, that last one’s Shirley Ann Jackson – everyone knows that. Too easy.
But with today’s news out of Goldman Sachs, it’s a good moment to honor the many years of loyal service the president of Brown University (she’s c.) gave the Goldman Sachs compensation committee.