Governance of the University

The University has two governing boards. The Harvard Corporation - known formally as the President and Fellows of Harvard College - is the University's executive board.

The oldest corporation in the Western Hemisphere, the seven-member board is responsible for the day-to-day management of the University's finances and business affairs. The Corporation members are Drew Faust, President; James Rothenberg, University Treasurer, and President and Director, Capital Research and Management Co.; James R. Houghton, Chairman of the Board and Chief Executive Officer, Corning Inc.; Nannerl Overholser Keohane, past president of Duke University and Wellesley College; Robert Reischauer, President, The Urban Institute; Robert E. Rubin, former Senior Counselor, Citigroup, Inc.; and Patricia A. King, the Carmack Waterhouse Professor of Law, Medicine, Ethics and Public Policy at Georgetown Law Center.

Significant matters of educational and institutional policy are also brought before the President and Fellows by the President and Deans.

The Board of Overseers consists of 30 members who are elected at large by graduates of Harvard and Radcliffe.

Through its Standing and Visiting Committees, the Board is informed about educational policies and practices of the University and provides advice to, and approves important actions of, the Corporation. Both the Corporation and Overseers must approve major teaching and administrative appointments.

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