Alumni Magazine - Spring 2008 - (Page 32) gizing the people around him to fulfill that vision both within their responsibilities and across the organizational boundaries that usually hold back organizations of our size,” says C. Meade Sutterfield, chair of the Georgia Tech Alumni Association. The New York Times reported that in his new job Clough “faces the task of restoring stability to an institution that is struggling with a $2.5 billion shortfall, crumbling buildings and the repercussions of last year’s scandal.” Lawrence M. Small, former head of the Smithsonian, resigned after it was discovered that he was spending the Institution’s money on personal pleasures, including private jets. New safeguards have been adopted concerning expenditures. Smithsonian Regents chairman Roger W. Sant introduced Clough at the press conference and said he was selected because he has “a unique combination of academic achievement, talent, leadership skill and experience in public service, science, management and development.” Clough said, “I know the Smithsonian, for many people in their minds, is about the past.” He added, “But it is not. It is about America’s future.” Surprise Announcement lough’s consideration for the Smithsonian post was a tightly kept secret and his election came as a surprise. In an e-mail to the campus community, Clough said while the “new post presents many opportunities and challenges” he and his wife, Anne, “will always celebrate our lives at Georgia Tech.” “After a rich and rewarding tenure as president, I am privileged to have one more remarkable opportunity and will serve as the secretary of the Smithsonian Institution,” Clough added. “The Smithsonian is one of our great national assets, serving as a showcase of national history, the arts and the sciences. “It has been my honor to serve as president of Georgia Tech for nearly 14 years. My life was enriched by my association with the great students, faculty, staff and alumni of the Institute,” he said. The Clo C C For Challenge, Not Money lough actually takes a pay cut in his new office. The Washington Post said Clough’s annual salary with the Smithsonian would be $490,000. During Clough’s tenure, Tech enrollment Small’s salary grew increased to 18,000 from 13,000 and satellite from $333,000 to $916,000 after seven campuses were established in Savannah, years. Clough’s France, Ireland, Singapore and China. compensation at Georgia Tech is $551,186, including a $400,000 base salary, $133,000 in deferred compensation and $18,000 in retirement contributions. The pronunciation of Clough has often puzzled people. The New York Times gave the phonetic pronunciation as “cluff” and The Washington Post rendered it as “kluf.” Clough has a ready re- >>> CLOUGH LEGACY ACCOLADES whose vision and leadership will continue to define and predicate our successes for years to come. Wayne Hodges: Not only has Wayne Clough led Georgia Tech to greater prominence in academic and research circles, he has been a major force in sustaining and expanding Georgia Tech’s role in commercialization and economic development. He understands the important role that Georgia Tech plays in expanding the economy of the community, state and the nation. The Technology Square economic development and commercialization activities and the Georgia Tech engineers in field offices across the ” “ 32 Georgia Tech Alumni Magazine • Spring 2008
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