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Harvard Endowment CEO Reaps $9.3 Million Payday in Overhaul

N.P. “Narv” Narvekar, head of Harvard Management Co., scored a pay package of $9.25 million in his first full year spearheading an overhaul of the university’s ailing $39 billion endowment.

The compensation for 2017 included $2.75 million that the school agreed to give Narvekar to reimburse him for pay he forfeited when he left his job overseeing Columbia University’s investment office in 2016, Harvard Management said in a release Friday...