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Barry Munitz, Ph.D.*
aka “the Chainsaw Chancellor”
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Objective: Teach one course per year as a CSU Trustee Professor at Cal State Los Angeles and get paid a lot more than 22,000 other professors, almost all with much more experience.
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Relevant Experience:
President, J. Paul Getty Trust, 1998-2006
• Earned over $1.2 million in annual compensation, receiving raises while cutting programs and laying off staff.
• Forced to resign amidst controversy around three investigations into my spending of foundation money.
• Resigned without a severance package, and paid $250,000 to the Getty Trust to cover any lingering disputes.
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CSU Chancellor, 1991-1998
• Infused the CSU with corporate-style management practices and philosophy.
• Instituted controversial PSSI (Performance Salary Step Increase) merit pay program to punish and reward faculty.
• Began evaluating campus presidents according to how much money they raised from the private sector.
• Initiated the doomed CETI (CA Education Technology Initiative), which would make the CSU a partner with companies including Fujitsu and Microsoft in a for-profit corporation. CETI would privatize the CSU telecommunications network and earn a profit from a huge number of “captive” consumers: CSU students, faculty, and staff.
• Oversaw student fees increases of almost 100% during this period.
• Facilitated the erosion of tenure lines and promoted the hiring of temporary, part-time lecturers. By 1998, only half the instructional faculty were on the tenure-track.
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Vice President, MAXXAM Corporation, 1982-1991
• Actively involved with MAXXAM's related companies: CEO, Federated Development Co.; Chair, Executive Committee, United Savings Association of Texas (USAT); Pacific Lumber
•Oversaw failure of USAT, the 5th largest savings and loan failure in the U.S., costing taxpayers $1.6 billion.
• With MAXXAM President, Charles Hurwitz, financed takeover of Pacific Lumber with junk bonds, clear-cut old growth redwood forests, and raided $55 million from workers’ pension fund to pay debt.
• Developed a bighorn sheep lambing ground in Rancho Mirage, against strong opposition from wealthy residents; sued city council for $240 million for opposition.
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Assistant Professor in dramatic arts and literature, UC Berkeley, 1966-1968
• The full extent of my teaching experience.
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Noteworthy “Achievements”
• Three investigations of Getty Trust under my leadership: by the CA Attorney General, the Council on Foundations, and an internal investigation.
• Investigated by the U.S. Office of Thrift Supervision and the FDIC while VP of MAXXAM and senior executive of USAT for contributing to USAT’s failure, making “unsafe and unsound” decisions, and taking excessive bonuses and severance packages before the bank collapsed.
• Prohibited from working at any federally insured bank or similar business for three years.
• Vice President of corporation that was named to Mother Jones’ “Toxic Ten” list; linked to 19 superfund sites, and cited for eight “willful” OSHA violations.
• Profited from logging forests where the endangered Marbeled Murrelet lived, in violation of federal Endangered Species Act.
• Described as “capable of screwing the rich as well as the poor” after building a Ritz Carlton Hotel on lambing grounds for bighorn sheep.
• Introduced merit pay and got rid of guaranteed step increases for faculty; tried to eliminate general salary increases; openly “questioned” tenure
• Made student referenda regarding campus-based fee hikes “advisory,” and permitted student fees to be used for any appropriate purpose, regardless of the intended use of the fee revenue.
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Proposed Courses
• University Administration 101: Corporatization and the Public University
Study how universities can partner with corporations by providing a captive market for their products; marketing private/public partnerships to the public; understanding the student as consumer; using merit pay to reward and punish employees. Featured Guest Lecturer: Bill Hauck, President of the CA Business Roundtable and CSU Trustee.
• Business Ethics 104: Making the Most of Your Expense Account
In-depth study of how executives manage their responsibilities and personal needs on a budget. Find out how to get a non-profit organization to buy you a Porsche, fly you and your spouse first class, and fund your Mediterranean vacations.
• Environmental Injustice 201: Logging, Lambing, and Lawsuits
Case study examples will illustrate how to develop real estate on bighorn sheep lambing grounds in Rancho Mirage; how to clear-cut old growth redwood forests in Humboldt County; how to intimidate (or otherwise get rid of) opposition to your company’s plans; and how to manage lawsuits that result from these activities. Featured Guest Lecturer: Charles Hurwitz, head of MAXXAM Corporation and Pacific Lumber.
• Business 305: Advanced Principles of Corporate Crime
Upper-division course will examine the practice of corporate raiding, insider trading, and hostile takeovers, popularized during the 1980s. Learn how to crash a Savings & Loan bank and get taxpayers to bail it out. Discuss the pros and cons of using junk bonds to finance takeovers. Guest Lectures by junk bond king Michael Milken, insider trading expert Ivan Boesky, and prominent corporate raider Charles Hurwitz.
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| [*] An unauthorized résumé |
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 Return to Main Munitz Page |
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