Latest news with #Porat
Yahoo
6 days ago
- Business
- Yahoo
Supreme Court Declines To Hear Former Temple Business Dean's Appeal, Concluding Rankings Fraud Case
Former Temple Fox School of Business Dean M. Moshe Porat has lost his final appeal in the biggest B-school ranking fraud scandal in history The U.S. Supreme Court has declined to review the fraud conviction of Moshe Porat, the former dean of Temple University's Fox School of Business, effectively ending his legal efforts to overturn the case that exposed one of the most significant academic rankings scandals in history. Porat, who served as dean from 1996 to 2018, was convicted in 2021 on charges of wire fraud and conspiracy to commit wire fraud. The convictions stemmed from a scheme in which Porat and two co-conspirators — statistics professor Isaac Gottlieb and administrator Marjorie O'Neill — submitted false data to U.S. News & World Report to artificially boost the school's rankings. The fraudulent data included inflated figures on standardized test scores, student GPAs, and work experience. Read more of Poets&Quants' coverage of the Porat scandal and trial: U.S. News Kicks Temple Out Of Its Online MBA Ranking Temple Dean Sacked Over Ranking Scandal Anatomy Of A Business School Rankings Fraud B-School Dean Found Guilty Of MBA Rankings Fraud Still Free: U.S. Supreme Court Throws Disgraced Former Temple Fox Dean A Lifeline John Byrne, founder and editor-in-chief of Poets&Quants, played a role in spotlighting the scandal — and in securing Porat's conviction. In January 2018, P&Q published an article by Byrne bringing attention to the discrepancies in Temple's data reporting, which played a significant role in the subsequent investigations and legal proceedings involving the former dean. The article questioned how Temple's online MBA program achieved a 100% submission rate for GMAT or GRE scores, despite the school's policy of waiving such tests — suspicions that were confirmed when it was later revealed that only 42 of 255 students had actually submitted scores. As a result, Byrne was the first witness called by the prosecution in Porat's trial. On the stand, he testified about the significance of rankings in higher education, stating, 'A good ranking gets you more applications … makes alumni happy, and therefore they contribute more money to the school.' As a result of the fraudulent data, the Fox School's online MBA program was ranked No. 1 nationally for four consecutive years, and its part-time MBA program climbed from No. 53 to No. 7. The inflated rankings led to increased enrollment and tuition revenue, with the school collecting nearly $40 million from additional enrollments between the 2014-2015 and 2017-2018 academic years. In March 2022, Porat was sentenced to 14 months in federal prison for wire fraud and conspiracy to commit wire fraud and fined $250,000. He began serving his sentence but continued to maintain his innocence, arguing that students received the education they paid for and thus suffered no economic harm. Porat remained free for a period while appealing his conviction. After being sentenced, he was initially ordered to report to prison on May 9, 2022. However, on that same day, the Third Circuit Court of Appeals granted his request to stay both his prison sentence and the payment of his $250,000 fine pending the outcome of his appeal. Porat remained free during the appeals process until the Third Circuit Court upheld his conviction on August 7, 2023. He served his sentence and was released from federal prison in August 2024. He subsequently petitioned the U.S. Supreme Court for a review, but the Court declined to hear his case on June 2, 2025, effectively ending his legal avenues for overturning the conviction. The post Supreme Court Declines To Hear Former Temple Business Dean's Appeal, Concluding Rankings Fraud Case appeared first on Poets&Quants.
Yahoo
16-03-2025
- Business
- Yahoo
What Silicon Valley's 'Trillion Dollar Coach' taught tech CEOs including Google's Sundar Pichai
Bill Campbell, dubbed the "Trillion Dollar Coach," has mentored tech leaders including Steve Jobs. Campbell, who died in 2016, was "blunt and clear," Google exec Ruth Porat said on a recent podcast. Here's what other prominent tech execs learned from him. Bill Campbell isn't a household name himself — but at one time or another, he had the ear of some of the most prominent leaders in the tech sector. Campbell, who died in 2016, mentored the industry's biggest players over the years, including Apple's Steve Jobs, Twitter founder Jack Dorsey, and a rash of Google executives, from cofounders Larry Page and Sergey Brin to former CEO Eric Schmidt. Ruth Porat, the president of Google's parent company, Alphabet, recently spoke about her experiences with Campbell on an episode of the podcast "In Good Company." "He was always an advisor who was here on campus and just the wise voice who was blunt and clear," Porat said. "When something didn't make sense, you know, he was famous for kind of throwing the flag on the field and just truly brought out the best in everyone." So great was Campbell's influence on Google's Schmidt that he, along with Jonathan Rosenberg and Alan Eagle, dubbed him the "Trillion Dollar Coach" in a book of the same name. It included testimonials from a slew of executives who benefited from the coach's mentorship — including the current head of Google, Sundar Pichai. Here's what some of them learned from Campbell. When Porat first transitioned into her former role as Google's CFO, she also took on a long commute, according to Schmidt and his co-authors. She recalls that Campbell was most concerned with how the change would affect her husband. "He cared about the whole you," Porat said. "We talked about that a lot." Porat said Campbell had a way of bolstering his mentees' convictions, which helped her achieve "whatever daunting task" lay ahead. "He gave me permission to go forth," Porat said. "To have confidence in my judgment." For Pichai — who also benefited from Campbell's more holistic approach to coaching — their discussions afforded an opportunity to zoom out of his hectic daily routine. "I was always busy going into these meetings, with lots of things to do, but my time with Bill always gave me a sense of perspective," Pichai said. "That whatever I was doing was important, but he showed me that what really matters at the end of the day is how you live your life and the people in your life." Campbell also furnished his mentees with a wealth of more practical management advice. "When I became CEO of Google, Bill advised me that at that level, more than ever before, you need to bet on people," Pichai said, according to the book. "Choose your team. Think much harder about that." Scott Cook — the cofounder of Intuit — was also a firsthand witness to Campbell's people-oriented approach. "He appreciated that each person had a different story and background," Cook said in "Trillion Dollar Coach." "He was so nuanced and different in how he approached growth challenges and leadership challenges. I was looking for a way to grow our people in a way I couldn't. Bill was great at that," he said. In particular, Cook said, Campbell's commitment to transparency influenced his own leadership style. "A coach coaches in the moment," Cook said. "It's more real and more authentic, but so many leaders shy away from that." Read the original article on Business Insider Sign in to access your portfolio
