Huh, that's surprisingly overt. Donations for things like endowed chairs or new buildings usually assumed to have an influence, as institutions don't like to offend potential sources of money. But it's rarely as direct as the donor actually getting to vet faculty hires. If the linked article [1] is correct, sounds pretty openly like an attempt by a private individual to literally buy control of part of a public institution.
[1] http://www.tampabay.com/news/business/billionaires-role-in-h...