Administration
Employee Assembly Expresses Support for New Board of Trustees Chair
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The Employee Assembly voiced its support after Anne Meinig Smalling ’87 was appointed the first female chair to the Board of Trustees.
The Cornell Daily Sun (https://cornellsun.com/tag/cornell-board-of-trustees/)
The Employee Assembly voiced its support after Anne Meinig Smalling ’87 was appointed the first female chair to the Board of Trustees.
Anne Meinig Smalling ’87 succeeds Kayser, who was accused of having a conflict of interest for serving on the Board of Directors of a weapons manufacturing company while the University rejected calls for divestment.
After researching Board of Trustees chairman Kraig Kayser, The Sun looked further into 59 of the 60 trustees.
Recently-elected graduate student trustee intends to close the gap between graduate students and University administration.
Cornellians on Friday took part in the second climate strike of the academic year. The movement is rooted in the urgent need for climate action, an environmental cause that transcends political ideologies. Yet, many marchers at the last climate strike, including myself, were not aware that the platform of the march also extends to social justice. By tying climate action to other political concerns, global climate strike organizers alienate conservatives on an issue that requires unity. Because of this, I did not march in Friday’s strike and will likely not participate in future demonstrations.
I look around Mac’s Cafe in Statler Hall and see a group of highly energetic, white Hotelies gather around a table to discuss their real estate finance project. A table away, three athletes in their team sweatshirts — I can tell from their facial expressions that they have just finished a long, cold practice in the snow — now search for the energy to study together. Another group of Asian students sit together in the left corner of the room talking about their courses. Two black, male students write on a white board in a conference room. Nearby, three engineers sit next to each other, each immersed in their work with their headphones in.
The following editorial reflects the opinions of The Cornell Daily Sun. Editorials are penned collaboratively between the Editor-in-Chief, Associate Editor and Opinion Editor, in consultation with additional Sun editors and staffers. The Sun’s editorials are independent of its news coverage and op-eds. Over the past week, The Sun has collected information about each of the trustee candidates and analyzed their platforms. Following the Trustee Candidate Debate on March 20, we sat down and interviewed our top choices. There are many good candidates for the role of student-elected trustee, but there is only one right candidate: Jaewon Sim ’21.
To the editor:
Fossil fuel divestment should be of interest to those of us in the Cornell community who would like to see our endowment improve its performance and wonder if a fossil-free portfolio could help the University accomplish this. Comparative analyses by Morgan Stanley Capital Investment since 2014 (retroactively to 2010) shows fossil-free funds yield 0.65 percent higher returns per year than funds including fossil fuel equities. The fossil-free funds returned 12.56 percent per year from 2014 to 2018. Compare this to Cornell’s endowment return of 7.8 percent. A 4.76 percent increase in yield over the past five years would have resulted in over $1 billion of increased assets for Cornell.