• bitcoinBitcoin(BTC)$79,557.001.46%
  • ethereumEthereum(ETH)$2,509.451.56%
  • tetherTether(USDT)$1.000.02%
  • binancecoinBNB(BNB)$749.81-0.18%
  • rippleXRP(XRP)$1.442.63%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$104.581.50%
  • tronTRON(TRX)$0.3388250.01%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.040.00%
  • zcashZcash(ZEC)$1,264.469.10%
  • HyperliquidHyperliquid(HYPE)$86.784.21%
  • dogecoinDogecoin(DOGE)$0.0912192.24%
  • RainRain(RAIN)$0.016383-2.20%
  • USDSUSDS(USDS)$1.000.02%
  • whitebitWhiteBIT Coin(WBT)$82.123.18%
  • moneroMonero(XMR)$497.73-1.29%
  • chainlinkChainlink(LINK)$12.21-2.65%
  • leo-tokenLEO Token(LEO)$9.200.28%
  • cardanoCardano(ADA)$0.2203940.70%
  • stellarStellar(XLM)$0.1891510.35%
  • bitcoin-cashBitcoin Cash(BCH)$259.251.24%
  • daiDai(DAI)$1.000.00%
  • Ethena USDeEthena USDe(USDE)$1.000.01%
  • Hunter Biden's LaptopHunter Biden's Laptop(LAPTOP)$4.360.00%
  • USD1USD1(USD1)$1.00-0.01%
  • litecoinLitecoin(LTC)$54.18-2.26%
  • CantonCanton(CC)$0.1060971.69%
  • uniswapUniswap(UNI)$6.69-3.63%
  • the-open-networkGram (prev. Toncoin)(GRAM)$1.400.55%
  • hedera-hashgraphHedera(HBAR)$0.078862-1.73%
  • avalanche-2Avalanche(AVAX)$7.98-0.72%
  • nearNEAR Protocol(NEAR)$2.6013.35%
  • suiSui(SUI)$0.820.36%
  • Global DollarGlobal Dollar(USDG)$1.000.00%
  • shiba-inuShiba Inu(SHIB)$0.0000050.19%
  • crypto-com-chainCronos(CRO)$0.0603230.13%
  • paypal-usdPayPal USD(PYUSD)$1.000.01%
  • BlackRock USD Institutional Digital Liquidity FundBlackRock USD Institutional Digital Liquidity Fund(BUIDL)$1.000.00%
  • tether-goldTether Gold(XAUT)$4,400.82-0.07%
  • MemeCoreMemeCore(M)$1.180.82%
  • Circle USYCCircle USYC(USYC)$1.140.01%
  • BittensorBittensor(TAO)$268.015.69%
  • Ripple USDRipple USD(RLUSD)$1.000.01%
  • okbOKB(OKB)$114.36-0.61%
  • Ondo US Dollar YieldOndo US Dollar Yield(USDY)$1.150.06%
  • mantleMantle(MNT)$0.641.44%
  • AsterAster(ASTER)$0.75-0.86%
  • polkadotPolkadot(DOT)$1.177.96%
  • aaveAave(AAVE)$129.27-0.09%
  • Pump.funPump.fun(PUMP)$0.0046998.76%
TradePoint.io
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop
No Result
View All Result
TradePoint.io
No Result
View All Result

Jon Huntsman says UPenn should ‘completely cut ties with current leadership’

December 8, 2023
in Business
Reading Time: 3 mins read
A A
Jon Huntsman says UPenn should ‘completely cut ties with current leadership’
ShareShareShareShareShare

Deep-pocketed University of Pennsylvania donor Jon Huntsman Jr. threatened to close his checkbook unless his alma mater moves to “completely cut ties with its current leadership.”

YOU MAY ALSO LIKE

Losing the most people on 9/11 brought Cantor Fitzgerald closer together

Unrepentant Elizabeth Holmes already plotting biotech comeback from behind bars

“We are anchored to the past until the trustees step up and completely cut ties with current leadership. Full stop,” the former Utah governor told CNN in a statement on Thursday.

“Let’s make this great institution shine once again,” added Huntsman, who also served as ambassador to China and has been vocal about his objection to UPenn President Liz Magill’s response to antisemitism at the Ivy League school.

“At this point it’s not even debatable. Just a simple IQ test,” Huntsman told CNN of replacing Magill, who assumed the role last July.

Calls for an executive shakeup at the university have exploded following Magill’s congressional testimony about on-campus antisemitism, when she was repeatedly asked if calling for the genocide of Jewish people would violate her university’s rules on bullying and harassment.

“If the speech turns into conduct, it can be harassment,” Magill said.

University of Pennsylvania alumnus Jon Huntsman Jr., whose Huntsman Foundation has donated tens of millions of dollars to the Ivy League school, called on the university to “completely cut ties with current leadership.” Leigh Vogel

She has since issued a groveling apology for her remarks to Congress, an attempt to explain her failure by saying she was not “focused” on the issue.

But she also seemingly blamed university policies and even the US Constitution for allowing the calls to be made on campus.

The two minute-long video has since been slammed by New York Congresswoman Elise Stefanik as a “pathetic cleanup attempt” that “took over 24 hours to try to fix the moral depravity of the answers under oath yesterday” and did not even include a “sorry.”

UPenn’s own Board of Trustees has even called for Magill to resign in the face of growing outrage at her disastrous testimony on Tuesday, which has also seen Wall Street titan Ross Stevens of Stone Ridge Asset Management also looking to claw back his $100 million donation to the school.

Board Chairman Scott Bok is expected to talk to Magill about resigning on Friday, a source familiar with the proceedings told CNN.

The Post has sought comment from Huntsman and UPenn.

UPenn has faced mounting criticism since President Liz Magill’s congressional testimony on Tuesday, when she failed to condemn all displays of antisemitism on campus. REUTERS

Ahead of the congressional hearing, Huntsman — the son of the late petrochemical billionaire Jon Huntsman Sr. — had already reportedly informed Magill that his charity, the Huntsman Foundation, will “close its checkbook” on future donations to the school, which in his words has become “almost unrecognizable” for its “silence” on Hamas’ attacks against Israel.

“Moral relativism has fueled the university’s race to the bottom and sadly now has reached a point where remaining impartial is no longer an option,” Huntsman wrote to Magill shortly after the terrorist group’s tragic Oct. 7 massacre.

Stay on top of news out of the Israel-Hamas war and the global surge in antisemitism with The Post’s Israel War Update, delivered right to your inbox every Monday, Wednesday and Friday.

In his note, Huntsman also blasted the school’s “silence in the face of reprehensible and historic Hamas evil against the people of Israel,” which he termed “a new low.”

“Silence is antisemitism, and antisemitism is hate, the very thing higher ed was built to obviate,” Huntsman wrote in his letter.

He said that “the only response should be outright condemnation.”

UPenn’s own Board of Trustees has reportedly called for Magill to resign. Robert Miller

Though it’s unclear how much the Huntsman Foundation has gifted UPenn over the years, the figure is likely in the tens of millions.

Per UPenn’s campus newspaper, The Daily Pennsylvanian, Huntsman Sr. — a 1959 Wharton graduate — funded the Huntsman Program in International Studies and Business with a $10 million gift.

He also cut a $40 million check in 1998, one of the largest gifts ever given to a business school at the time, the Pennsylvanian reported. And in 2014, he dished out “at least” $50 million more to Wharton.

Huntsman Sr.’s handsome donations made the school name a lecture hall after the late businessman, whose net worth was pegged around $1 billion by Forbes before his death in 2018.

Credit: Source link

ShareTweetSendSharePin

Related Posts

Losing the most people on 9/11 brought Cantor Fitzgerald closer together
Business

Losing the most people on 9/11 brought Cantor Fitzgerald closer together

September 9, 2026
Unrepentant Elizabeth Holmes already plotting biotech comeback from behind bars
Business

Unrepentant Elizabeth Holmes already plotting biotech comeback from behind bars

September 9, 2026
Tooley Oil is selling its NorCal convenience stores and car washes
Business

Tooley Oil is selling its NorCal convenience stores and car washes

September 8, 2026
Mamdani faces new lawsuit over NYC-run grocery stores alleging unfair competition
Business

Mamdani faces new lawsuit over NYC-run grocery stores alleging unfair competition

September 8, 2026
Next Post
Putin announces 2024 presidential campaign run

Putin announces 2024 presidential campaign run

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
How the cyclospora outbreak is impacting the food industry

How the cyclospora outbreak is impacting the food industry

September 5, 2026
Horses run from thick smoke as wildfires spread in France

Horses run from thick smoke as wildfires spread in France

September 5, 2026
Common Problems With Apple Wallet And How To Fix Them

Common Problems With Apple Wallet And How To Fix Them

September 6, 2026

About

Learn more

Our Services

Legal

Privacy Policy

Terms of Use

Bloggers

Learn more

Article Links

Contact

Advertise

Ask us anything

©2020- TradePoint.io - All rights reserved!

Tradepoint.io, being just a publishing and technology platform, is not a registered broker-dealer or investment adviser. So we do not provide investment advice. Rather, brokerage services are provided to clients of Tradepoint.io by independent SEC-registered broker-dealers and members of FINRA/SIPC. Every form of investing carries some risk and past performance is not a guarantee of future results. “Tradepoint.io“, “Instant Investing” and “My Trading Tools” are registered trademarks of Apperbuild, LLC.

This website is operated by Apperbuild, LLC. We have no link to any brokerage firm and we do not provide investment advice. Every information and resource we provide is solely for the education of our readers. © 2020 Apperbuild, LLC. All rights reserved.

No Result
View All Result
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop

© 2023 - TradePoint.io - All Rights Reserved!