Jack Valenti, head of the Motion Picture Association of America, fired off an angry letter to Stanford University President John Hennessy in December.

FORBES: Steal This Movie

Like any president of a large university, John Hennessy is subject to a relentless schedule of breakfasts, meetings, lunches, speeches, ceremonies, handshakes, dinners, and late-night calls alerting him to an injury or a fatality on campus.

NEWYORKER: Get Rich U.

John L. Hennessy owns at least 4, 885 shares after this.

FORBES: Top Insider Sells Highlight: COF, GOOG, AMGN, CRM and FIS, CTSH

John L. Hennessy, who took office as the university's president effective Sept. 1, is facing one of the toughest tests in the school's 109-year history: to maintain the university's influence and independence amid a business community moving so fast it threatens to relegate Stanford to little more than an electrical engineering farm team.

FORBES: Gilding The Ivory Tower