November 28, 2003
2 With Ties to Academe Join Stock-Exchange Board
Two new appointees to the board of the New York Stock Exchange with ties to higher education will know generous executive compensation when they see it.
As part of its effort to reform, the board named Shirley Ann Jackson, president of Rensselaer Polytechnic Institute, to its Board of Directors, and reappointed Herbert M. Allison Jr., chairman and chief executive of TIAA-CREF, the higher-education pension fund. The newly constituted board was formed in the wake of a controversy over
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