Ackman Demands Pritzker's Removal from Harvard Board

Billionaire hedge fund manager Bill Ackman has called for the removal of Harvard University board chair Penny Pritzker, citing financial mismanagement and poor handling of a conflict with President Donald Trump. Ackman argues that Harvard should have negotiated with the Trump administration over issues such as antisemitism, diversity initiatives, and governance, rather than suing after federal funding was suspended. He claims the university's response was counterproductive and asserts that increasing political advocacy and bureaucratic expansion may threaten its tax-exempt status. Ackman also linked diversity, equity, and inclusion efforts to rising antisemitism and criticized the board's lack of accountability, especially after campus controversies following October 7, 2023. Despite his criticisms, Ackman says he wants Harvard to succeed and has offered to help facilitate negotiations with the administration. Harvard has not commented on Ackman’s statements.