02/05/2011 05:12 am ET Updated May 25, 2011

Harvard Corporation Overhaul: Harvard Nearly Doubles Corporation Size After Criticism

The Harvard Corporation--the University's highest governing body--announced today an overhaul to its governance structure that would nearly double its membership and impose term limits.

The reforms--the first major structural change since the Corporation was founded in 1650--include boosting the number of members from seven to 13 and creating several new committees to address issues including finance, governance, capital planning and facilities. The change brings the Corporation's structure closer in line with the governing bodies of other major universities.

Read more on The Harvard Crimson