;#Faculty News;# | | 11 Jul 2011
Risk Officer Rises to Banks' $10 Million Post After Derivatives Meltdown
Re: Jay W. Lorsch
"Business, by its very nature, is risky" and the focus on risk managers feels "kind of like a fad" as companies want to show investors they are working to avoid the pitfalls that led to the recession, said Jay Lorsch, a corporate governance professor at Harvard Business School in Boston.

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