• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch

2

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

3

Current price of oil as of July 1, 2026

1

As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch

2

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

3

Current price of oil as of July 1, 2026
LeadershipColleges and Universities

Pressure on Harvard President Claudine Gay mounts after Penn’s Liz Magill resigns following antisemitism testimony

By
Janet Lorin
Janet Lorin
,
Amanda Gordon
Amanda Gordon
, and
Bloomberg
Bloomberg
Down Arrow Button Icon
By
Janet Lorin
Janet Lorin
,
Amanda Gordon
Amanda Gordon
, and
Bloomberg
Bloomberg
Down Arrow Button Icon
December 10, 2023, 4:16 PM ET
Claudine Gay, president of Harvard University.
Claudine Gay, president of Harvard University.Haiyun Jiang—Bloomberg/Getty Images
Add Fortune on Google for similar content.

“One down. Two to go.”

The ominous statement from Representative Elise Stefanik, a Republican from upstate New York, came moments after University of Pennsylvania President Liz Magill announced her resignation on Saturday.

Read more: Penn Leaders Magill, Bok Out After Alumni Pressure

It had been just days since Stefanik had confronted the leaders of Penn, Harvard University and Massachusetts Institute of Technology on whether calling for the genocide of Jews is against school policy — eliciting narrow legal responses that were slammed by the White House, Democratic and Republican lawmakers, business leaders, alumni and even lampooned on Saturday Night Live.

Since that made-for-social media moment on Dec. 5 in Washington, some of America’s most elite universities have been under unprecedented scrutiny, capping weeks of accusations that schools tolerate antisemitism while decrying other forms of racism and bias.

Protests on campuses against Israel have ignited debate over the limits of free speech and pitted donors and alumni against each other, faculty and students, as well as raising fundamental questions over university independence.

“This is as difficult a moment for elite higher education as any moment since the Vietnam War,” said Larry Summers, a former Harvard president who’s a paid contributor to Bloomberg TV. “Perhaps more difficult.”

With Magill’s resignation, the focus is now on Claudine Gay, Harvard’s first black president. The political scientist has rarely been far from the headlines after assuming the position in July, right after the Supreme Court handed Harvard a blow effectively barring race in admissions.

While Harvard alum Stefanik — and others — are also demanding the ouster of MIT President Sally Kornbluth, the university has said it stands by her. Alumni have been far less vocal and co-ordinated in demanding the biologist step down than their counterparts.

Harvard, whose board includes ex-Commerce Secretary Penny Pritzker and former American Express Co. head Ken Chenault, has issued no such supportive statement since the hearing, even as complaints intensify over Gay’s leadership and board members convened on campus this weekend for a regularly scheduled meeting.

When the board does take on Gay’s future, it will have to address more than just her testimony. Hanging in the balance is confidence in Gay’s ability to steer the institution through the morass, maintain a safe environment on campus, and continue to raise money from alumni and secure federal funding.

Harvard declined to comment on Gay and the board.

Read more: Harvard Crisis Grows After ‘Bizarrely Evasive’ Response

Gay told the Harvard Crimson on Thursday that she apologized for her words at the hearing.

“I am sorry,” she said. “Words matter,” she added. “When words amplify distress and pain, I don’t know how you could feel anything but regret.”

The performance drew widespread criticism, including from Harvard Law School Professor Laurence Tribe, who described Gay’s testimony as “bizarrely evasive.” Rabbi David Wolpe, a visiting scholar at Harvard Divinity School, resigned from an antisemitism advisory committee, and the Harvard Jewish Alumni Alliance wrote a scathing letter to the board demanding change.

“This week demonstrated that Harvard cares more about avoiding legal risk than it does about student life, the promotion of democratic and pluralistic values, or a commitment to eradicating bigotry from campus,” they wrote.

It only amplified the pressure Gay has been under since Oct. 7.

In the aftermath of reports that more than 1,200 people had been killed, more than 30 student groups laid the sole responsibility for the violence on Israel. The letter quickly went viral on social media, while Harvard remained silent about the attack from Hamas, which is designated a terrorist group by the US and European Union.

Summers was furious and contrasted the position Harvard had taken to Russia’s invasion of Ukraine, and when Gay had written a personal statement about the death of George Floyd at the hands of the police in 2020.

Gay has since condemned Hamas, spoken out repeatedly against antisemitism and visited Jewish groups on campus. Like other university leaders, she’s sought to balance free speech with protecting students but it’s become more difficult as protests have grown against Israel’s actions in the Gaza strip, where Hamas says more than 17,000 people have been killed.

Gay had been in a less precarious position than Magill, who was vulnerable for decisions that predated Oct. 7.

Marc Rowan, the head of Apollo Management Group Inc., was among donors dismayed that Magill allowed a Palestinian literary festival on campus in September even though he said some of the speakers had a history of antisemitic comments. Opposition to Magill was particularly strong among alumni from the Wharton business school, which has outsized influence on campus.

Thousands of Harvard grads have also expressed anger and several billionaire donors have pulled their support of the school.

Harvard alum Bill Ackman, who has almost 1 million followers on X, has used the platform to highlight antisemitism on campus while urging Gay be replaced. He’s broadened his criticism to Harvard’s diversity, equity and inclusion practices, which Gay has supported.

But even the Harvard Jewish Alumni Alliance said while it “understands” the calls for Gay to step down, it’s “also concerned that the plight on campus would deepen in the prolongated process of searching for a new president.”

What’s more, some faculty are dismayed by the idea of external interference on its leadership, including from Stefanik, who was removed from the senior advisory committee of Harvard’s Institute of Politics after she claimed voter fraud in the last presidential election.

“I really hope we don’t let donors and politicians dictate who leads our school,” Harvard professor Jason Furman, and a former top economic advisor in the Obama administration, wrote on X.

About the Authors
By Janet Lorin
See full bioRight Arrow Button Icon
By Amanda Gordon
See full bioRight Arrow Button Icon
By Bloomberg
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Leadership

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Leadership

The true cost of Donald Trump’s $2.2 billion year
NewslettersCEO Daily
The true cost of Donald Trump’s $2.2 billion year
By Diane BradyJuly 2, 2026
4 hours ago
Today, Emily Blunt is worth $80 million thanks to her Hollywood career—but she actually wanted to be a UN Spanish translator on $80K
SuccessCareers
Today, Emily Blunt is worth $80 million thanks to her Hollywood career—but she actually wanted to be a UN Spanish translator on $80K
By Orianna Rosa RoyleJuly 2, 2026
7 hours ago
Trump’s 927-page disclosure is just a normal Tuesday for direct indexing and crypto wealth managers
InvestingDonald Trump
Trump’s 927-page disclosure is just a normal Tuesday for direct indexing and crypto wealth managers
By Catherina GioinoJuly 1, 2026
16 hours ago
How foodservice giant Sodexo is embracing AI and robotics to reshape the kitchen
NewslettersCIO Intelligence
How foodservice giant Sodexo is embracing AI and robotics to reshape the kitchen
By John KellJuly 1, 2026
21 hours ago
U.S. Polo Assn. CEO J. Michael Prince
SuccessThe Promotion Playbook
U.S. Polo Assn. CEO was flat-out told he wasn’t right for a promotion—so he ‘outworked’ anyone else who wanted the job for 6 months straight until they changed their mind
By Orianna Rosa RoyleJuly 1, 2026
23 hours ago
Nikesh Arora, chief executive officer at Palo Alto Networks
SuccessJobs
CEO of $248 billion cybersecurity company says workers are about to face a ‘Darwinian moment’ thanks to AI: Evolve or get cut
By Emma BurleighJuly 1, 2026
23 hours ago

Most Popular

As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch
Big Tech
As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch
By Marco Quiroz-GutierrezJuly 1, 2026
1 day ago
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
Success
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
By Sydney LakeJune 25, 2026
7 days ago
Current price of oil as of July 1, 2026
Personal Finance
Current price of oil as of July 1, 2026
By Joseph HostetlerJuly 1, 2026
1 day ago
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
Success
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
By Preston ForeJune 27, 2026
5 days ago
The Supreme Court's birthright citizenship ruling hands the U.S. economy a $7.7 trillion win
Newsletters
The Supreme Court's birthright citizenship ruling hands the U.S. economy a $7.7 trillion win
By Diane BradyJuly 1, 2026
1 day ago
Trump got a $78K pension from the Screen Actors Guild in 2025 because he appeared in Home Alone 2 in 1992
Politics
Trump got a $78K pension from the Screen Actors Guild in 2025 because he appeared in Home Alone 2 in 1992
By Sasha RogelbergJuly 1, 2026
21 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.