Postscript to the New Revolving Door

ACADEME BLOG

Several months ago, I did a post to this blog on the controversy surrounding the announcement that Geoff Chatas, the CFO of Ohio State University, would be resigning from that position to take a position with the corporate conglomerate with which he had recently negotiated a long-term and lucrative contract to manage the university’s parking facilities—specifically, a 50-year, $483 million deal. [See: http://academeblog.org/2015/04/26/higher-eds-version-of-the-revolving-door/.]

Chatas’ announcement immediately provoked fairly widespread concerns about the fairly obvious conflict of interest, but Chatas himself attempted to dismiss those concerns simply by explaining that his new corporate position would not in any way involve the university’s parking facilities. When that explanation did not defuse the situation, Chatas announced that he had decided, after all, to remain with the university.

What follows are excerpts from an article written by Amanda Etchison for the university’s student newspaper, The Lantern:

“Chatas’ decision was announced by the…

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