Continued Stalemate at Davis

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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