U of California Tightens Rules on Corporate Boards

The University of California Board of Regents voted last week to add a new rule for those administrators who wish to do consulting work or serve on the boards of companies, The San Francisco Chronicle reported. The administrators must now demonstrate how the work benefits the University of California. About 50 senior administrators already have such arrangements with companies and they are exempt from the rules. The rules change follows criticism of university administrators who serve on various corporate boards.