Tuesday, December 4, 2018

"Wealthy USC donors revolt after interim president pushes out top dean over handling of misconduct cases"

LAT:

Marshall has long been one of the university’s most prestigious schools, and during his tenure, Ellis, a marketing professor, was credited with making it an even more competitive program. USC’s full-time MBA program was ranked 31st by US News & World Report in 2017 and jumped 11 spots to 20th in the most recent listing. He also raised nearly $500 million for the school, according to his supporters.

...

But influential USC benefactors are fighting the move. Pasadena billionaire Ming Hsieh, a trustee who has donated more than $85 million, hired a Century City litigator to advocate for Ellis before the USC board.

“Jim’s not going quietly and we’re not going quietly,” said Lloyd Greif, the CEO of his own investment banking firm who has donated more than $5 million to the business school.