Harvard Names Ex-Merck CEO Frazier, KKR’s Bae to Its Board

  • Harvard Corporation has been under scrutiny since Oct. 7
  • The pair replace David Rubenstein, Paul Finnegan on the board

Kenneth C. Frazier and Joseph Y. Bae

Photographers: Stephanie Keith, JP Yim/Getty Images

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Harvard University named two top business executives to its governing board at a time of intense scrutiny of the institution from alumni, lawmakers and faculty.

Kenneth Frazier, the former chief executive officer of Merck & Co., and KKR & Co. Co-CEO Joseph Bae, were elected Sunday by Harvard Corp. with the consent of the board of overseers, according to a statement from Alan M. Garber, the university’s interim president.