Thursday, March 3, 2016

We are about to test an old saying

UC Davis Chancellor Linda P.B Katehi received $420,000 in compensation as a board member for John Wiley & Sons, a book company that describes itself as a leading publisher of science, engineering and math textbooks for universities.
Katehi served on the Wiley board from 2012 to 2014, according to Securities and Exchange Commission filings. She received $125,000 in pay and stock in 2012, $144,000 in 2013 and $151,000 in 2014.
Under pressure, Katehi resigned this week from the board of DeVry Education Group as the for-profit company faces scrutiny from federal officials for allegedly deceiving students about job and income prospects.
Katehi’s decision in February to accept a paid board seat from DeVry prompted Sen. Marty Block, D-San Diego, to demand information on how much she and other chancellors receive in side income at a Capitol hearing Thursday on education funding...

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