UC Davis Chancellor Linda P.B. Katehi has withheld $200,000 in
textbook publisher stock that she pledged to a scholarship fund in March
when she faced criticism for having served on the company’s board. Katehi,
62, may rescind the pledge altogether, depending on the outcome of a
University of California investigation into her actions as chancellor,
according to her private spokesman, Larry Kamer.
“Given the state
of events, Chancellor Katehi and her family will consider their options
regarding charitable donations at the conclusion of the investigation,”
Kamer said.
Katehi made the promise March 4 after she apologized
for accepting questionable corporate board positions with DeVry
Education Group, a for-profit company under federal scrutiny for
allegedly exaggerating job placement and income statistics, and John
Wiley & Sons, a publisher of textbooks, college materials and
scholarly journals.The chancellor was placed on paid administrative leave by
University of California President Janet Napolitano on April 27 pending
an investigation into allegations that she misused student funds, lied
about contracts she approved to boost the university’s image and gave
relatives she employed preferential treatment...
Full story at http://www.sacbee.com/news/local/education/article87169732.html
We continue to suggest that reaching a settlement is more important that proving who was "right."
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