Finance

UPenn Fights Back Against Billionaire Ultimatum as Divisions Rise

  • Uproar over antisemitism spurs calls for leaders to step down
  • School is at center of campus debate as Israel-Hamas war rages
University Of PennsylvaniaPhotographer: J Nettis/ClassicStock/Getty Images
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Scott Bok has spent decades advising corporate titans on how to fend off hostile takeovers. Now he’s in a fight of his own against a growing list of billionaires who are angry over his work at the University of Pennsylvania.

The chairman of Greenhill & Co. is being forced to defend Penn President Liz Magill and his own position as chair of the board of trustees, while a group of alumni and students demand the exit of both leaders amid a growing storm over antisemitism on campus and Bok’s treatment of some of the school’s Jewish trustees.