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The Boston Globe

Metro

Harvard president’s 2012 earnings surpassed $1 million

Harvard University investment managers had another good year in 2012, while Harvard president Drew Gilpin Faust topped the $1 million mark in total compensation for the first time, the university disclosed Friday.

Harvard Management chief Jane Mendillo received $4.8 million that year, down from $5.3 million in 2011, while five of her managers received $4 million or more as the stock market continued its upward march, helping to boost the value of the endowment they manage.

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