January 15, 2012
Board Conflicts Abound for College Chiefs
Matthew Cavanaugh, EPA, Newscom
Donna Shalala, president of the U. of Miami, made almost half a million dollars in 2010 from serving on three companies' boards. Two of those companies are run by university trustees.
As president of the University of Miami, Donna E. Shalala answers to dozens of trustees, many of whom are captains of industry. But two of those board members also answer to her.
Ms. Shalala's uncommon role reversal is a product of her lucrative service on the boards of two different companies headed by members of Miami's Board of Trustees. In effect, her role as a director at a national medical group and at a home-building empire places her in the position of functioning as her
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