B School Life

B-School Highlights: Oct. 19


Michael Woodford, former chief executive officer of Olympus, at a news conference in London on Feb. 16

Photograph by Chris Ratcliffe/Bloomberg

Michael Woodford, former chief executive officer of Olympus, at a news conference in London on Feb. 16

(Updates with new item about Marshall School's naming gift.)

Michael Woodford, the ex-CEO of Japanese camera maker Olympus (7733:JP), who was fired in 2011 after exposing fraud designed to conceal losses on securities investments going back two decades, will discuss how he ended up being a whistle-blower and what he thinks of corporate governance at University of Oxford’s Saїd Business School on Nov. 22 from 6 p.m. to 7:30 p.m.

The James Si-Cheng Chao and Family Foundation donated $40 million to Harvard University and Harvard Business School in honor of the late Ruth Mulan Chu Chao, the matriarch of an accomplished Chinese American family that includes the former U.S. Labor Secretary Elaine Chao, a 1979 Harvard MBA graduate. The money will be used to establish a fellowship fund that will provide financial assistance to deserving students of Chinese heritage and support the construction of a new facility for Harvard’s executive education programs.

Knowledge@Wharton, the online research and business analysis journal of University of Pennsylvania’s Wharton School launched Israel Knowledge@Wharton on Oct. 12. The online publication will include articles that focus on Israeli innovation and entrepreneurship.

INSEAD and Wharton recently announced they would continue their educational alliance, which allows MBA and Ph.D. students from both institutions to take part in exchange programs in Fontainbleau in France, Singapore, or Pennsylvania, for another three years.

The University of Southern California’s Marshall School of Business hasreceived a naming gift that will create a new undergraduate instructionalbuilding and endow a faculty chair. The amount of the gift from Jill and FrankFertitta was not disclosed. Frank Fertitta, a 1984 graduate of USC Marshall, isthe chief executive of Fertitta Entertainment and Station Casinos.

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Francesca_dimeglio
Di Meglio is a reporter for Businessweek.com in Fort Lee, N.J.

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Companies Mentioned

  • 7733:JP
    (Olympus Corp)
    • $3690.0 JPY
    • -10.00
    • -0.27%
Market data is delayed at least 15 minutes.
 
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