It seems odd that the Regents are willing to take a $500,000 per year gamble on a self-employed guy with no academic administrative experience, a measly MBA, a moderately impressive record in the corporate world (some would say not very impressive at all), and a fraudulent resume--all the while admitting that he will have to learn "on the job" from others already employed by the University. What a deal (for him)! What a lousy deal for the faculty, the staff, and the students at the University of Iowa if he turns out to be a failure or--as many within the University fear--a "yes" man for the Regents' relentless efforts to reduce state financial support for the University of Iowa. The guy deserves a chance now that he's the top dog, and he might turn out to be great. He truly might. But there are enough red flags fluttering around to suggest that this risky hire could have more to do with taking the state's flagship university to the wood shed than to the "next level."
Rastetter is an idiot for one and he shouldn't be on the board of Regents. Definitely an unconventional hire. The guy was basically self-employed before this and lied on his resume. Doesn't seem very qualified to run a University but who knows?. I have serious questions about the hire but hope that I am wrong. Also, how do you pay the guy that much when he is the least qualified?
No, the only idiots out there are people like you who have a high and mighty attitude they know what kind of job someone will do when they haven't even started in the job yet.
If you don't want to support the guy, fine. However, my hunch is the BOR and Harreld have much more intelligence than do you.
To me, the guy from Ohio State seemed like the best fit. I hope that this guy can do some good things for the University.
lol is the guy your grandpa or something. Calm down buddy, calm down
This, thank you. Couldn't have said it better myself.Calling business people idiots is laughable but calling the president an idiot is OK? What the hell is the difference. He just contradicted himself. Doesn't matter if you like Obama or not, just a moronic statement.
I get pissed at someone who doesn't even know a person and right out of the gate calls him an idiot. Again, you are the idiot. ANd on top of that, he's the new University president despite protesters like you.
Trolling 101.....Calling business people idiots is laughable but calling the president an idiot is OK? What the hell is the difference. He just contradicted himself. Doesn't matter if you like Obama or not, just a moronic statement.
It looks like a great hire,.....in the tradition of Sally and Barta.
Hire many more just like those two, I say.
It seems odd that the Regents are willing to take a $500,000 per year gamble on a self-employed guy with no academic administrative experience, a measly MBA, a moderately impressive record in the corporate world (some would say not very impressive at all), and a fraudulent resume--all the while admitting that he will have to learn "on the job" from others already employed by the University. "
Which is why he has been unemployed for the last 2 years.
Oopps, my bad. He was the "strategic generator of greatness" for an LLC that didn't exist.
Wow, the guy was financially secure after a very successful career at Kraft, Boston Market, IBM (major turnaround) and lecturing at Harvard B-School. I am pretty sure he could have had a "job" if he wanted one. Or he could have had some cushy, slow paced public sector job with low accountability. Yeah, that's the ticket!
Which is why he has been unemployed for the last 2 years.
.
I always have to laugh when message board folks call wildly successful business people "idiots".
Maybe he has character flaws or is a jerk or is egotistical, but he is most assuredly not an "idiot". Obama is an idiot. That is a much better example........
This. It is kind of the same with politicians. The bad ones always think the solution is just higher taxes. It is lazy and thr equivalent of malpractice.Good grief man. Seriously - do you really believe what your wrote here is accurate? Do you really believe the BOR would hire someone as unimpressive as you just described?
And by the way - in your crazy post you allege the plan/goal is somehow to cut funding from the state to the students. Why would the BOR want that? What possible advantage would they get by cutting more student funding? Do you think they personally benefit in some way? Maybe, just maybe, the BOR is tired of seeing the students getting railroaded by the out of control escalation of student tuition and realize it's time to bring in someone who knows how to create revenue in an organization - someone who can actually help the university find efficiencies instead of continuing to force the next generation to mortgage its future.
But hey - that's just me. Of course we could continue to do the same thing we've done the past two decades -- and just raise the tuition on the students some more. That seems to be all the rage among the current academic administration community.
My rhetoric prof neighbor has the biggest smile on his face.With a business background he may see that strong athletics are a great marketing tool for the university.
But no matter how good a hire he ends up being I am enjoying watching the academic snobs freak out.
Good grief man. Seriously - do you really believe what your wrote here is accurate? Do you really believe the BOR would hire someone as unimpressive as you just described?
And by the way - in your crazy post you allege the plan/goal is somehow to cut funding from the state to the students. Why would the BOR want that? What possible advantage would they get by cutting more student funding? Do you think they personally benefit in some way? Maybe, just maybe, the BOR is tired of seeing the students getting railroaded by the out of control escalation of student tuition and realize it's time to bring in someone who knows how to create revenue in an organization - someone who can actually help the university find efficiencies instead of continuing to force the next generation to mortgage its future.
But hey - that's just me. Of course we could continue to do the same thing we've done the past two decades -- and just raise the tuition on the students some more. That seems to be all the rage among the current academic administration community.