Board of Trustees Resolution Mourns Garrett’s Death

Senior Vice Provost of Academic Affairs John Siliciano has been named Deputy Provost, Acting President  and Provost Michael Kotlikoff announced at the Board of Trustees meeting Wednesday morning. “This is in recognition of John’s terrific oversight of the Provost Office and his involvement in every initiative in the Provost Office,” Kotlikoff said. The trustee meeting began with the board’s adoption of a resolution mourning President Elizabeth Garrett’s death. “She set in motion a process that had long been regarded by university leaders as important but daunting … establishing a College of Business,” Acting Chairman Jan Rock Zubrow said. Following the successfu adoption of this resolution, Zubrow also read the unanimous resolution passed by the University Assembly, expressing condolences and appreciation for President Elizabeth Garrett.

Cornell Trustees Vote Against Fossil Fuel Divestment

“In extraordinary circumstances, the trustees may determine that direct financial investment in particular companies associates Cornell with actions or inactions that violate the University’s most deeply held values and, therefore, should be avoided, regardless of potential financial return,” she said.

Board of Trustees Authorizes College of Business

Cornell’s Board of Trustees authorized plans for the proposed College of Business Saturday morning, President Elizabeth Garrett and Provost Michael Kotlikoff announced in an email. The College of Business will merge the School of Hotel Administration, the Charles H. Dyson School of Applied Economics and Management and the Samuel Curtis Johnson Graduate School of Management. Garrett and Kotlikoff called the approval of the controversial new school “the beginning of an inclusive and crucial process that will more fully define the details of how the College of Business will be structured.” “The plan for the new college will be developed with broad input from faculty, students, staff and alumni,” they wrote. “We wish to underscore our commitment to making this process inclusive and open for all …

Former Trustee Guilty of Corruption Charges

Sheldon Silver — the former speaker of the New York State Assembly and a former ex-officio member of Cornell’s Board of Trustees — was convicted on federal corruption charges Monday. Silver, 71,  was found guilty of seven counts of corruption that include charges of extortion, money laundering and honest service fraud arising from schemes in which he attained nearly $4 million in exchange for using his political power to benefit a cancer researcher and two real estate developers, according to The New York Times. In addition, Silver is guilty of using his position, which he has held since 1994, to obtain large payments to a law firm that specializes in advocating reductions of New York City real estate taxes, according to The Times. Because of his conviction, Silver must forfeit his legislative seat, which he has held for nearly four decades. The federal investigators, led by Preet Bharara, U.S. Attorney for the Southern District of New York, charged that Silver did not disclose the payments from the firm Goldberg & Iryani on his yearly financial disclosure filings.