POLICY TITLE: Carnegie Mellon University Board of Trustee Conflict of Interest
DATE OF ISSUANCE: This policy was approved by the Board of Trustees on May 17, 1999.
ACCOUNTABLE DEPARTMENT/UNIT: Office of the President. Questions on policy content should be directed to Jared L. Cohon, president, x82200.
ABSTRACT: Trustees are expected to disclose potential conflicts of interest.
Members of Carnegie Mellon University's Board of Trustees are charged to act on behalf of Carnegie Mellon University and in support of its mission. In their capacity as trustees, they are expected to hold the interests of the university paramount. An apparent conflict of interest arises when a trustee is in a position to influence the university's decisions in ways that could lead to personal financial gain or other advantage for the trustee or his/her immediate family or associates.
Trustees are expected to disclose potential conflicts of interest. They should identify in writing any such conflicts to the chairman of the board prior to engaging in the activity that poses the potential conflict. If a conflict of interest is found to exist, the trustee involved should recuse himself/herself from participation in decisions on behalf of the university that affect his/her personal interests.
Questions concerning this policy or its intent should be directed to the Office of the President, (412) 268-2200.