<p>He just turned over the reigns to a younger guy, but for years, the chair of Swarthmore’s Investment Committee has been Samuel Hayes:</p>
<p>[Samuel</a> L. Hayes – Jacob H. Schiff Professor of Investment Banking, Emeritus – Harvard Business School](<a href=“http://drfd.hbs.edu/fit/public/facultyInfo.do;jsessionid=KhTZnQYGQN1Q10Rc0CLdswQm89WBlQsCfdnPp24Kkfv9ns6PLCyp!528537621!815275569?facInfo=bio&facId=6856]Samuel”>http://drfd.hbs.edu/fit/public/facultyInfo.do;jsessionid=KhTZnQYGQN1Q10Rc0CLdswQm89WBlQsCfdnPp24Kkfv9ns6PLCyp!528537621!815275569?facInfo=bio&facId=6856)</p>
<p>Interestingly, he has been the lone public voice on the Board of Managers questioning whether the model of need-blind admissions is sustainable going forward as the financial aid discounting increases with no end in sight. This is a bit like questioning apple pie and motherhood on the Swarthmore board, but I think it’s good to have that question discussed.</p>