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☆ Harvard taps ex-Merck CEO Ken Frazier to join embattled board
  + stars: | 2024-02-05 | by ( Matt Egan | ) edition.cnn.com   time to read: +2 min
New York CNN —Former Merck CEO Ken Frazier and KKR co-CEO Joseph Bae are joining Harvard University’s top board as the Ivy League school seeks to turn the page on a tumultuous period. Harvard announced the changes on Sunday evening, saying Frazier will start Wednesday to fill the open seat on the Harvard Corporation, the powerful yet secretive board under fire its handling of the recent controversies. Frazier, who graduated Harvard Law School in 1978, served as CEO of Merck and sat on the board of ExxonMobil, is widely respected in the business community. In 2017, Frazier quit former President Donald Trump’s manufacturing council in response to Trump’s initial failure to condemn white supremacists. Bae graduated from Harvard in 1994 and today he’s one of the most powerful private equity executives in the world.
Persons: Ken Frazier, Joseph Bae, Frazier, Bae, Paul Finnegan, Claudine Gay, ”, Alan Garber, Penny Pritzker, ” Harvard, Pritzker, megadonor, Gay, Donald Trump’s, Catalyst, Garber Organizations: New, New York CNN, Merck, KKR, Harvard University’s, Ivy League, Harvard, Harvard Corporation, Corporation, Democratic Party, Harvard Law School, ExxonMobil Locations: New York, Asia
☆ Reid Hoffman-backed PAC may fund primary campaign against progressives Rashida Tlaib, Cori Bush
  + stars: | 2023-11-02 | by ( Brian Schwartz | ) www.cnbc.com   time to read: +4 min
Mehlhorn told CNBC that he recently approached the heads of the Mainstream Democrats PAC about the idea of backing a primary effort against the two progressive House lawmakers. "I have been asking them [Mainstream Democrats PAC] if there is any possibility of ousting the most extreme members of Congress, and I have been asking about Cori Bush and Rashida Tlaib," Mehlhorn said on Wednesday. The possible primary fight would be the latest election cycle that the Mainstream Democrats PAC has moved against candidates from within the Democratic Party. The Mainstream Democrats PAC helped defeat some progressive Democrats during the 2022 congressional midterms, according to data from the nonpartisan OpenSecrets. The Democratic Majority for Israel's nonprofit donated $500,000 to the Mainstream Democrats PAC last year, according to an FEC record.
Persons: Reid Hoffman, Rashida Tlaib, Cori Bush, Dmitri Mehlhorn, Mehlhorn, Bush, Alexandria Ocasio, Cortez, Jamaal Bowman, Rashida, Hoffman, it's, Deborah Simon, Mel Simon, Daniel Benton, Paul Finnegan, Wesley Bell, Sen, Josh Hawley, Tlaib, Nina Turner, Shontel Brown, Henry Cuellar, Jessica Cisneros Organizations: LinkedIn, CNBC, Mainstream Democrats PAC, New York Democratic, Mainstream, PAC, Mainstream Democrats, Democratic Party, Democrats, Commission, FEC, Simon Property Group, Rep, Democratic, Israel Locations: New York City, U.S, Gaza, Louis, Ohio, Texas, Israel
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