The Brown Daily Herald T hursday, D ecember 6, 2007
Volume CXLII, No. 122
Since 1866, Daily Since 1891
Investment Adashi to step down as bio-med dean chief is U.’s highest paid employee By Chaz Firestone Senior Staff Writer
By Michael Bechek Senior Staff Writer
Cynthia Frost, vice president and chief investment officer, made $871,257 in compensation and benefits in 2006 and tops the list of Brown’s highestpaid employees, according to its most recent tax filings. Frost, who was hired as the investment chief in 2000, is responsible for investing the University’s nearly $2.8 billion endowment. She reports to the chair of the investment committee of the Corporation, the University’s highest governing body, as well as to Executive Vice President for Finance and Administration Elizabeth Huidekoper. The endowment stood at around $2.2 billion at the end of fiscal year 2006, President Ruth Simmons said at a faculty meeting in September. It fared relatively well in the last fiscal year despite the nationwide sub-prime mortgage crisis this summer, in part because many of the University’s investment managers anticipated the collapse, she said. The University’s annual tax filings, which are part of public record because of Brown’s nonprofit status, report major figures on its financial holdings, revenues and expenses and list the compensation of its officers and five highest-paid employees. The latest data, from the Internal Revenue Service’s Form 990, are for fiscal year 2006, ending June 30, 2006. In the tax filing, the University reported total assets of more than $3.35 billion at the end of fiscal year 2006, up from less than $2.93 billion at the end of the previous fiscal year. Nearly $2.4 billion of those assets were held continued on page 4
After nearly four years as dean of medicine and biological sciences, Eli Adashi will step down at the end of this academic year, he announced Wednesday. “With much accomplished and with new challenges beckoning, it is time for fresh leadership to negotiate the key transitions ahead,” Adashi wrote in an e-mail Wednesday to members of the Division of Biology and Medicine. “Alpert Medical School is soundly positioned for further progress.”
Adashi, who has presided over a period of significant change in both the structure and the name of the Warren Alpert Medical School, will leave his position next June. After a sabbatical period, he will return to Brown as a professor in the Department of Obstetrics and Gynecology, Provost David Kertzer ’69 P’95 P’98 told The Herald. “Over the last few years, while he’s been dean, we’ve accomplished really a remarkable amount for the Medical School and the Program in Public Health,” said Kertzer, who announced Adashi’s departure in an e-mail to the campus-wide
community. “We’ll certainly miss him.” A graduate of the Sackler School of Medicine of Tel Aviv University in Israel and a former chair of the Department of Obstetrics and Gynecology at the University of Utah Health Sciences Center, Adashi took over the post in the winter of 2005 from interim dean Richard Besdine. Since then, Adashi has revamped the Med School’s aging curriculum, raised its national profile and this year accepted a $100 million gift to the Med School — continued on page 14
e l sewar d s
Courtesy of Brown.edu
Eli Adashi resigned as dean of medicine and biological sciences on Wednesday.
A year later, internationalization still just beginning to take shape By Nick Werle Senior Staff Writer
With David Kennedy ’76 starting in January as Brown’s first Vice President for International Affairs, the administration has spent much of this semester preparing for his arrival. The University’s internationalization effort, which aims to improve Brown’s image abroad and bolster the study of international issues on campus, has produced several flashes of activity this semester, but there is consensus that the pace of work will pick up once Kennedy starts next month. “The story now is one of planning and continuity,” Kennedy said. Up to this point, the internationalization agenda — first outlined as a University priority by President Ruth Simmons in her 2006 Convocation speech — has been primarily directed by the Internationalization Meara Sharma / Herald
continued on page 13
“Elsewards,” Brownbrokers’ 72nd original musical, opens tomorrow at Stuart Theater and runs until Sunday.
RIPTA free ride program a big hit so far At the John Hay Library, a mystery is unearthed By Chaz Kelsh Staf f Writer
Brown students know a deal when they see one — and they have recognized the bargain of free RIPTA rides in record numbers. Students, faculty and staff have taken advantage of the U-PASS program, which lets them ride on RIPTA buses for free, in huge numbers, according to Director of Business and Financial Services Elizabeth Gentry. “I think it’s been wildly successful,” Gentry said. “It’s been really popular with the students.” When Brown’s participation in the U-PASS program was altered this semester to make RIPTA completely free, student use increased by 227 percent, while faculty use increased by about 2 percent, Gen-
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CAMPUS NEWS
www.browndailyherald.com
By Irene Chen Senior Staff Writer
Rahul Keerthi / Herald File Photo
A student boards a RIPTA bus, for free, at the Thayer Street tunnel.
try said. In the month of October, RIPTA recorded 26,671 rides made by 2,975 unique Brown community members,
Garbage time A student activist has been offering to throw away Keeney resident’s trash for donations.
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COLLEGE HILL TRANSFORMS
compared with 22,797 rides by 2,983 riders in September. continued on page 4 FACILITIES UPDATE The Herald takes a comprehensive look at ongoing construction and planned changes for the campus.
20 SPORTS
195 Angell Street, Providence, Rhode Island
FEATURE
Two summers ago, Reem Yusuf ’09, an archeology concentrator, participated in a dig in Palestine along the West Bank. But her latest discovery was unearthed right on campus — with members of the class of “VISA 1250: Art of the Book,” held in the Walter J. Feldman book arts studio in the basement of the John Hay Library. Two weeks ago, Visiting Lecturer in Visual Art Elias Roustom, who teaches the class, decided to spend the class cleaning and organizing the studio. Roustom, with the help of a student, moved the book press, which was placed on top of a pedestal. When they moved the
Put on ice The men’s ice hockey team took it on the chin against Providence College on Tuesday, losing 8-0.
press, Roustom realized there were shelves on the other side of the pedestal, hidden by the wall. He had found all sorts of “junk” that day in the studio, and on first glance, the artifacts inside of the black shoebox looked like rocks, he said. But when he looked closer, he saw they were much more than rocks. He told the class he had found something, and the class gathered around the shoebox, heavy with bits and shards of rocks. Inside the box, the rocks were carefully shaped — some were pointed, still sharp enough to cut; continued on page 6
EDITOR’S NOTE This is the last issue of The Herald for the semester. Publication resumes Jan. 23. Check browndailyherald.com for updates. News tips: herald@browndailyherald.com