ODX® continues to be the gold standard for director education. Completely off-the-record, our annual New York meeting is limited to sitting public company directors who will gather to discuss critical boardroom concerns.
FT-ODX (Outstanding Directors Exchange) New York
Mary Jo White
Former Chair, SEC
Director: Citigroup, GE
Director: DowDupont, Regal Entertainment (Airgas until 2016)
Mary Jo White
Mary Jo White is a litigation partner in the New York office of Debevoise and senior chair of the firm. Her practice focuses on counseling boards of directors and representing clients on significant and sensitive matters, including companies facing crises involving multi-faceted government investigations and cases. Prior to rejoining the firm in 2017, Ms White served for nearly four years as chair of the SEC, one of the Commission’s longest-serving chairs. Previously, Ms White was chair of Debevoise’s Litigation department. She served as the US Attorney for the Southern District of New York from 1993 to 2002, the only woman to hold the top position in the more than 200-year history of that office. Ms White also served as the first chair of Attorney General Janet Reno’s Advisory Committee. She served as the First Assistant US Attorney and Acting US Attorney in the Eastern District of New York from 1990 to 1993. From 1983 to 1990, Ms White was a litigation partner at Debevoise. From 1978 to 1981, she served as an Assistant US Attorney in the Southern District of New York, where she became Chief Appellate Attorney of the Criminal Division. Prior to that, she worked as an associate at Debevoise from 1976 to 1978. Ms White also served as a law clerk to the Honorable Marvin E. Frankel, US District Court for the Southern District of New York. She previously served as director of The Nasdaq Stock Exchange and is a member of the Council on Foreign Relations. Ms White graduated from William & Mary, Phi Beta Kappa with a BA, The New School for Social Research with an MA, and Columbia Law School with a JD, where she was an officer of the Law Review.
Peter Henry is the dean of the Leonard N. Stern School of Business, where he is also the WR Berkley Professor of Economics and Finance. He joined NYU Stern from Stanford University in 2010. Dean Henry serves as a member of the board of directors at the National Bureau of Economic Research, the Council on Foreign Relations and is also a Nonresident Senior Fellow of the Brookings Institution. An expert on the global economy, he led the external economics advisory group for then-Senator Barack Obama’s presidential campaign in 2008 and the Presidential Transition Team’s review of international lending agencies such as the International Monetary Fund and the World Bank. In 2009, President Obama appointed him to the President’s Commission on White House Fellowships. The author of numerous articles and book chapters, Dean Henry is best known for a series of publications that overturn conventional wisdom on the topics of debt relief, international capital flows, and the role of institutions in economic growth. Dean Henry received his PhD in economics from MIT and bachelor’s degrees from Oxford University, where he was a Rhodes Scholar, and the University of North Carolina, where he was a Morehead Scholar and a finalist in the 1991 campus-wide slam dunk competition.
Lee Thomas served as chairman of Rayonier from 2007 until his retirement in 2012. He also served as Rayonier's CEO from 2007 to 2011. From 1993 to 2005, Mr Thomas held senior executive positions at Georgia Pacific, including president and COO. Previously, he was chairman and CEO of Law Companies Environmental Group and has held numerous federal and state government positions, including positions with the U.S. Environmental Protection Agency, the Federal Emergency Management Agency and the Office of the Governor of South Carolina. Mr Thomas served as a director for Airgas from 1998 until the company's sale in 2016. He also served as a director of the Federal Reserve Bank of Atlanta until 2011.
After practicing law for several years in New York City, Ann Berzin joined Financial Guaranty Insurance Company (FGIC) as general counsel when it was a privately held start up. She remained with the company in that capacity when it went public and later became part of General Electric. She was named CEO of FGIC in 1992 and served in that capacity until 2000. Ms Berzin previously served as a director of Kindred Healthcare from 2006 to 2012. She also served as a director of Constellation Energy Group from 2008 through 2012 when Constellation merged with Exelon. Ms Berzin has served on the on the College Advisory Council for the University of Chicago for the past 16 years, including seven years as chair. She earned an AB in political science and a JD from the University of Chicago.
Chuck Boesenberg has served as a director of CallidusCloud since 2006 and as chairman since 2007. From 2002 to 2006, he was chairman and CEO of NetIQ, a provider of integrated systems and security management solutions. Previously, Mr Boesenberg held executive positions at IBM and Apple and served as president and CEO of Central Point Software, Magellan Navigation and Integrated Systems. Mr Boesenberg holds a BS in Mechanical Engineering from the Rose Hulman Institute of Technology and a MS in Business Administration from Boston University. He was previously a director at Silicon Graphics International, Websense, Keynote Systems, Ancestry.com, Interwoven, Symantec, Macromedia and Maxtor.
Erskine Bowles served as president of University of North Carolina from 2006 to 2010. He has also been a senior advisor and non-executive vice chairman of BDT Capital Partners, a private investment firm, since 2012. From February to December 2010, Mr Bowles served as Co-Chair of the National Commission on Fiscal Responsibility and Reform. Previously, he was managing director and senior advisor for Carousel Capital and a partner of Forstmann Little. Mr Bowles began his career in corporate finance at Morgan Stanley and subsequently helped found and ultimately served as chairman and CEO of Bowles Hollowell Connor, an investment banking firm. He also was a founder of Kitty Hawk Capital, a venture capital firm. Mr Bowles served as White House chief of staff from 1996 to 1998 and deputy White House chief of staff from 1994 to 1995. He was a director of General Motors from 2005 to 2009, Cousins Properties from 2003 to 2012, and Belk from 2011 to 2015. Mr Bowles holds a BS from the University of North Carolina at Chapel Hill and an MBA from Columbia University.
Mary Ann Cloyd
Mary Ann Cloyd was a senior partner with PwC until her retirement in 2015. From 2012 to 2015, she was the leader of PwC's Center for Board Governance and served on both the firm's global and US boards of partners and principals. On the US board, Ms Cloyd chaired the risk management, ethics & compliance committee and the partner admissions committee. She was also on the management executive compensation committee, finance and people committees. On the global board she served on the risk and operations committee and the clients committee. Ms Cloyd is on the board of trustees of the PricewaterhouseCoopers Charitable Foundation, chair of the UCLA Iris Cantor Women's Center advisory board and on the board of directors for the GeffenPlayhouse. She has previously been a member of the Baylor Business School advisory board and the boards of the California Chamber of Commerce, Junior Achievement and the American Red Cross of Greater Los Angeles.
Michelle Edkins is a managing director at BlackRock and global head of the firm’s Investment Stewardship team of over 30 specialists. Ms Edkins is responsible for the team’s engagement and proxy voting activities in relation to the companies in which BlackRock invests on behalf of clients. She also serves on the firm’s Global Operating, Human Capital and Government Relations Steering Committees. An active participant in the public corporate governance debate, Ms Edkins was named in the NACD Directorship 100 Governance Professionals list the past six years. She is also a fellow of the Aspen Institute’s First Movers program and a former chair of the Board of Governors of the International Corporate Governance Network. She currently serves on a number of industry initiatives to enhance governance and sustainable business practices including the US chapter of the 30% Club, a market initiative to increase the number of women on boards and in senior management, the Sustainability Accounting Standards Board Investor Advisory Group and the CECP’s Strategic Investor Initiative. An economist by training, Ms Edkins has also worked in the UK in a number of investment stewardship-related roles and in government roles in her native New Zealand.
Bart Friedman, now senior counsel at Cahill Gordon & Reindell, has been with the firm for close to 45 years and has chaired several committees. Mr Friedman is currently serving as chair of the Sanford C. Bernstein Family of Mutual Funds, as the lead independent director and deputy chair of Swiss-based Allied World Assurance Holdings, and as the lead director of Ovid Therapeutics. He serves as chairman of the audit committees of both the boards of The Brookings Institution, as well as Lincoln Center for the Performing Arts and he is treasurer of the Cooper Hewitt Smithsonian Design Museum. He is an active member of the Council on Foreign Relations, serving on the Membership Committee and travelling globally on its behalf, as well as serving on various task forces conducted by the Council. Mr Friedman previously served as the vice chair of The Juilliard School and as a member of the Visiting Committee for Harvard University’s Graduate School of Education.
Bob Glauber is a lecturer at Harvard's Kennedy School of Government and was a visiting professor at Harvard Law School in 2007 and 2009. He has also been a senior advisor at Peter J. Solomon since 2006. Prof Glauber served as chairman and CEO of NASD (now FINRA) from 2001 to 2006, after becoming CEO in 2000. Prior to this, he was a lecturer at the Kennedy School from 1992 to 2000 and Under Secretary of the Treasury for Finance from 1989 to 1992. He previously served as a professor of Finance at the Harvard Business School and as executive director of the "Brady Commission" appointed by President Reagan to report on the 1987 stock market crash. Prof Glauber has served on the boards of the Federal Reserve Bank of Boston, a number of Dreyfus mutual funds, the Investment Company Institute and as president of the Boston Economic Club. He was previously a director of Moody's and Freddie Mac, chairman of XL Group, and vice chairman of the trustees who oversee the International Accounting Standards Board. Prof. Glauber graduated from Harvard College and received his doctorate from Harvard Business School.
Deb Henretta worked for Procter & Gamble from 1985 until her retirement in 2015. In 2005, she was appointed president of P&G’s business in ASEAN, Australia and India. She was appointed group president, P&G Asia in 2007, group president of P&G Global Beauty Sector in 2013, and group president of P&G E-Business in 2015. Ms Henretta was a member of Singapore’s Economic Development Board from 2007 to 2013 and was selected to serve on the organization’s Economic Strategies Committee between 2009 and 2011. In 2008, she received a US State Department appointment to the Asia-Pacific Economic Cooperation’s Business Advisory Council. In 2011, Ms Henretta was appointed chair of this 21-economy council, becoming the first woman to hold the position. In that role, she advised top government officials, including President Barack Obama and former Secretary of State Hillary Clinton.
Lois Juliber retired in 2005 as vice chairman and COO of Colgate-Palmolive after having risen through both domestic and international senior-level operating and corporate roles. She joined Colgate in 1988 as president of the company’s Far East/Canada Division. In her seventeen years with Colgate, Ms Juliber was instrumental in strengthening the company’s domestic and worldwide operations; putting in place the worldwide systems, R&D and manufacturing infrastructures; reenergizing the company’s marketing, new product development and innovation capabilities; and developing the next generation of Colgate leaders. Ms Juliber began her career at General Foods and over her 15 years was a corporate officer and held a number of general management and marketing positions. She received her BA at Wellesley College and MBA from Harvard Business School.
Dinesh Paliwal served as chairman, president and CEO of Harman International Industries from 2008 until the company's March 2017 acquisition by Samsung Electronics, where he continues to serve as CEO and director of the standalone Harman subsidiary. Mr Paliwal served as a member of the Group Executive Committee of ABB from 2001 to 2007. He also served as president of Global Markets and Technology of ABB from 2006 to 2007, as chairman and CEO of ABB North America from 2004 to 2007, and as president and CEO of ABB Automation Technologies Division from 2002 to 2005. Mr Paliwal is a member of the CEO Business Roundtable and the US India Business CEO Forum.
Rakhi Kumar is Managing Director and Head of Corporate Governance at State Street Global Advisors (SSGA). She is responsible for developing and implementing SSgA's global proxy voting policies across all investment portfolios and managing issuer engagement. Rakhi has strengthened SSGA’s stewardship program by incorporating a risk based approach; developing and implementing a new environmental, social and governance (“ESG”) and portfolio performance screening tools; identifying stewardship priorities that drive SSGA’s stewardship efforts; and increasing integration with investment teams across SSGA’s global investment centers.
Ms Kumar is a member of SSgA's Senior Leadership Team, SSGA’s Global Proxy Review Committee, a co-chair of SSgA’s ESG Working Group, and a member of the State Street’s Corporate Responsibility Working Group and SSGA’s Diversity Initiative.
Ms Kumar earned her MBA from Yale University and her Bachelors of Commerce from Bombay University. She is a member of the Institute of Chartered Accountants of India since 1997. In 2014, she was named as one of the ten people who had the most impact on corporate governance in the previous year by the Global Proxy Watch, a newsletter of international corporate governance and shareowner value.
Bill Parrett was a senior partner of and served as CEO of Deloitte Touche Tohmatsu until his retirement in 2007. He co-founded the Global Financial Services Industry practice of Deloitte and served as its first Chairman. Currently, Mr Parrett is chairman of the United States Council for International Business and on the executive committee of the International Chamber of Commerce. He is also chairman of the Board of Trustees of United Way of America, a trustee of Carnegie Hall, and a member of the Committee to Encourage Corporate Philanthropy. Mr Parrett also serves as a trustee of The Catholic University of America and of St. Francis College.
Liz Robinson served as global treasurer, partner and managing director of Goldman Sachs from 2005 to 2015. Prior to that, she served in the Financial Institutions Group within the Investment Banking Division of Goldman Sachs, having joined the firm in 1990. Ms Robinson is a director of Russell Reynolds Associates and a trustee of Williams College and MASS MoCA and was a director of Goldman Sachs Bank USA until 2016. Ms Robinson received a BA from Williams College and an MBA from Columbia University.
Lynn Tetrault spent 21 years as an executive at AstraZeneca in the US and abroad, including serving as the EVP of HR and Corporate Affairs from 2007 to 2014. In that role, she helped drive the transformation of the company’s leadership, culture and reputation, while also supporting significant acquisition activity and restructuring of the company’s operations around the globe. Prior to serving on the senior executive team, Ms Tetrault served in a variety of roles in the US Business and Research and Development from 1993 to 2007. She began her career as a lawyer in private healthcare practice in Boston. Ms Tetrault is a steering committee member of Paradigm for Parity, a coalition of senior business leaders focused on closing the gender parity gap in corporate leadership by 2030. She received an AB, magna cum laude, from Princeton University and a law degree from the University of Virginia.
Tiger is credited as one of the pioneers who transformed Genpact (formerly GE Capital International Services) into a high-end business process and technology management company. Today, Genpact is an acknowledged leader and serves its global customers from 50+ operations centers in 17 countries with over 51,000 employees. The company manages over 3,000 processes for more than 500 clients worldwide, across banking & finance, capital markets, insurance, manufacturing, healthcare, pharmaceuticals, consumer products, retail, transportation and business-services sectors. Genpact is publicly listed on the New York Stock Exchange under the symbol ‘G’. Tiger began his career with the Unilever Group in India where he spent 7 years in Sales and Marketing and then 3 years with Citibank’s Consumer Financial Services businesses in Business, Sales, Operations and Credit .He joined GE Capital in 1994 as Head of Risk in India and went on to become CEO for GE Capital's Global Consumer Finance & Auto Financial Services operations in India. In 1999 he became CEO of GE Capital International Services, significantly expanding its service offerings and operations. In 2002, he transferred within GE to the Global Commercial Lending Businesses in the US as Global Head of Six Sigma and Global Operations. Tiger rejoined Genpact in February 2005 as Executive Vice President, Sales, Mktg and M&A, was promoted as the Chief Operating Officer in 2009 and became the President & CEO in June 2011. Tiger has a degree in Mechanical Engineering from the Indian Institute of Technology, Mumbai, and an MBA, majoring in Finance and Marketing, from the Indian Institute of Management, Ahmedabad.
Laura Unger was a special advisor at Promontory Financial Group for four years and before that spent six years as JP Morgan’s independent consultant for the Global Analyst Conflict Settlement. Ms Unger’s 14-year government tenure included serving as the 78th member of the Securities and Exchange Commission (including six months as Acting Chairman), Securities Counsel to the United States Senate Banking Committee and as an attorney with the SEC’s Enforcement Division in Washington, D.C. and New York City. In addition to her public directorships, Ms Unger serves on the boards of two private company subsidiaries of Nomura Holding America.
James White retired from his role as chairman, president and CEO of Jamba, Inc. in 2016 after seven years in the role. Mr White previously served as SVP of consumer brands at Safeway from 2005 to 2008. Prior to Safeway, he was SVP of business development, North America at The Gillette Company and held several positions at Nestlé Purina, including VP, customer interface group. Mr White began his career at Coca-Cola. In addition to his public directorships, he serves as non-executive chairman of Daymon Worldwide and chairman of the Directors Academy. Mr White previously served as a director of Hillshire Brands and Keane. He holds a BS from the University of Missouri, Columbia and an MBA from Fontbonne University.
Marna Whittington was CEO of Allianz Global Investors Capital from 2001 until her retirement in 2012. From 2002 to 2011, Dr Whittington was COO of Allianz Global Investors, the parent company of Allianz Global Investors Capital. Prior to that, she was managing director and COO of Morgan Stanley Investment Management. Dr Whittington started in the investment management industry in 1992, joining Philadelphia-based Miller Anderson & Sherrerd. Previously, she was EVP and CFO of the University of Pennsylvania, and earlier, Secretary of Finance for the State of Delaware. Dr Whittington holds an MS and a PhD from the University of Pittsburgh, both in quantitative methods, and a BA in mathematics from the University of Delaware.
PHYLLIS M. WISE
Dr Wise served as chancellor of University of Illinois at Urbana-Champaign from 2011 to 2015. She joined the University of Maryland School of Medicine as an assistant professor in 1976, was appointed associate professor in 1982, and professor in 1987. Dr Wise was appointed a professor and chair of the department of physiology at the University of Kentucky in 1993, and was appointed dean of the division of biological sciences and distinguished professor of neurobiology at the University of California-Davis in 2002. In 2005, she was appointed provost and VP for Academic Affairs at the University of Washington, and served as Provost and EVP from 2007 to 2010, and interim president until 2011. During her tenure, she led the establishment of the College of the Environment, the mission of which is to provide solutions to developing a sustainable healthy environment through research and teaching. Dr Wise has a doctorate in zoology from University of Michigan and an honorary doctorate from Swarthmore College. She is an elected member of the Institute of Medicine and the American Academy of Arts and Sciences and serves on the boards of RAND Health and the Robert Wood Johnson Foundation.
Ed Batts leads Orrick’s global M&A and Private Equity practice group, which includes more than 50 partners across the world dedicated exclusively to M&A/PE transactions. He is resident in the firm’s Silicon Valley office and regularly counsels publicly traded technology companies in complex mergers and acquisitions, corporate governance and cyber security. Mr Batts is a military officer veteran, who was deployed to Yemen and twice to Iraq. He is an active participant in Orrick’s veterans programs, including the firm’s annual Veterans' Legal Career Fair in Washington, DC.
Ariel Deckelbaum is a member of the Mergers and Acquisitions Group at Paul Weiss as well as deputy chair of the Corporate Department and a member of the firm’s Management Committee. He represents public companies, asset management firms, multinational corporations and high net-worth individual in their most important transactions. Mr Deckelbaum’s practice is diverse with extensive M&A experience, including numerous high-profile representations such as advising Time Warner Cable in its merger with Charter Communications; Shaw Communications in its sale of ViaWest to Peak 10; HRG Group in the sale of Fidelity & Guaranty Life to Anbang Insurance Group; and EXOR in its acquisition of PartnerRe. In 2017, for a third year, he was named a “Client Service All-Star” by BTI Consulting Group. Mr Deckelbaum’s clients have included Apollo Global Management, Citi, EXOR, Givaudan, Goldman Sachs, Grupo Salinas, HCP, HRG Group, Oak Hill, Shaw Communications, Sky, Spectrum Brands, Sumitomo Corporation, TAO Group, Time Warner Cable and Universal American.
David Garfield is managing director of AlixPartners LLP. He consults with board members and senior executives to develop winning strategies and drive step-change improvements in operating and financial performance. He has more than 28 years of experience as an executive and a consultant, with a consistent record of achieving dramatic increases in cash flow, profitability, and shareholder value. He helps high-performing companies that want to extend their lead or tackle specific challenges (e.g., accelerate growth, expand margin, increase M&A synergy); and he helps companies with underperforming businesses that want to achieve a “step-change” in results. At AlixPartners, he serves as the global leader of the firm’s Consumer Products Practice, and the co-leader of the firm’s Performance Improvement Practice for North America. Prior to AlixPartners, he served as a director and president of Encore. He also served as a partner and practice leader for Price Waterhouse. Mr Garfield has been cited by CEO magazine as a leading investment thinker, and is frequently quoted in leading business periodicals on the topic of shareholder value. He has won the Turnaround Management Association’s Annual Turnaround of the Year Award. Mr Garfield holds an MBA from Northwestern University's Kellogg Graduate School of Management, where he now serves as a guest-lecturer.
Dick Patton is the global managing partner of Egon Zehnder's CEO practice. He advises clients across a spectrum of industries focusing on CEO succession and search, board consulting and search, and the recruitment of senior level executives to the c-suite. Dick co-founded the firm’s global chief marketing officer practice and co-leads the firm’s partnership with Northwestern University’s Kellogg School of Management. Prior to joining Egon Zehnder, Mr Patton was SVP of Affinnova, an MIT-affiliated technology company that provides innovation and new products consulting. Previously, he was a general manager and marketer with The Coca-Cola Company. While with Coca-Cola, he launched five new products and won a variety of awards for his marketing initiatives. Mr Patton began his career in sales and marketing with Frito-Lay. He serves as a director on the board of Groton School.
Philip Smith is KPMG’s National Audit Industry leader – Industrial Manufacturing, which includes automotive, aerospace & defense, engineering & industrial products, conglomerates, transportation and metals. In this role, he is responsible for the firm's audit strategy, execution, training and market development, as well as building the KPMG brand through the creation of leading industry services and thought leadership to support the largest industrial manufacturers in the US. Mr Smith has been working with the Audit Committee Institute since 2007. He has served as the lead audit partner on a number of Fortune 1000 accounts in the retail, distribution, and manufacturing industries, providing a wide range of services to clients including due diligence, SEC reporting, forensics, and internal control advice. Mr Smith has also worked with a number of private equity companies in the manufacturing and retail industries.
Bennett Stewart is chairman and CEO of EVA Dimensions, and is an expert in shareholder value, performance management, and incentive compensation. He is the author of The Quest for Value (Harper Business, 1991), which formally launched EVA, and Best-Practice EVA (John Wiley & Sons, 2013), which presents significant enhancements. In recent years Mr Stewart was instrumental in developing a predictive stock rating model called PRVit, which is now the foundation of an EVA-based equity research service with global coverage of over 12,000 equities. Mr Stewart holds a BSE from Princeton University and an MBA from University of Chicago. He chairs the audit and finance committee of ITC Holdings and is a member of the Advisory Board for the Journal of Applied Corporate Finance.
Andrew Hill is an Associate Editor and Management Editor of the Financial Times. He writes a weekly column, a blog and in-depth articles on global business, strategy and management. Mr Hill was City Editor of the FT and Editor of the daily Lombard column on British business and finance from 2006 to 2010. Since joining the FT in 1988, he has also worked as Financial Editor, Comment & Analysis editor, New York Bureau Chief, Foreign News Editor, and correspondent in Brussels and Milan. Mr Hill is the author of Leadership In The Headlines (2016). He graduated from Trinity College, Cambridge with a degree in English.
Agenda - 1st Nov
11:30amRegistration and Buffet Lunch
Andrew Hill, Associate Editor and Management Editor, Financial Times
Heather Wolf, ODX Program Director, Financial Times Live
12:10pmInsights From Former SEC Chair Mary Jo White
Thoughts on rule-making and revisions, investigations, disclosure and other significant board considerations in today's regulatory environment
Mary Jo White, Senior Chair, Debevoise & Plimpton; Former Chair, SEC
Andrew Hill, Associate Editor and Management Editor, Financial Times (interviewer)
12:50pmRisk Oversight Revisited: What, Who, How
How boards are responding to risk oversight responsibilities across the enterprise in light of new threats, technology and outside pressures
Rakhi Kumar, Managing Director and Head of Corporate Governance, State Street Global Advisors
Bill Parrett, Retired CEO, Deloitte Touche Tohmatsu
Director: Blackstone, Kodak, Thermo Fisher, UBS
Philip Smith, Partner, Audit Committee Institute, KPMG
Heather Wolf, ODX Program Director, Financial Times Live (moderator)
2:00pmThe Board as Catalyst for Performance Improvement
The never-ending quest for profitable growth requires management’s full engagement but it is less clear how boards can – or should – contribute at an operational level. Hear from those on both sides of the board - management line.
Chuck Boesenberg, Chairman, CallidusCloud
Director: Boingo Wireless
Dinesh Paliwal, CEO, Harman International Industries
Director: Bristol-Myers Squibb, Raytheon
Tiger Tyagarajan, President & CEO, Genpact
David Garfield, Managing Director and Global Leader of Consumer Products, AlixPartners (moderator)
2:50pmThe Changing Face of Shareholder Engagement
Understanding the shifting investor landscape, including institutional investor priorities, long investor - activist relations, the renewed focus on large cap targets and burgeoning international activism
Zach Oleksiuk, Head of the Americas, BlackRock
Lee Thomas, Retired Chairman and CEO, Rayonier
Director: DowDupont, Regal Entertainment, Airgas (until 2016)
Ariel Deckelbaum, Partner, Paul Weiss (moderator)
3:40pmFireside Chat: The Talent Challenge
How the board evaluates the alignment of the company's management to corporate strategy, including new ways of viewing CEO succession, recruiting and developing leaders, and how things can change despite best-laid plans
Erskine Bowles, Vice Chair and Senior Advisor, BDT Capital Partners
Director: Facebook, Morgan Stanley, Norfolk Southern
Peter Henry, Dean, Stern School of Business, New York University
Director: Citigroup, GE
Lois Juliber, Retired Vice Chairman and COO, Colgate-Palmolive
Director: DowDupont, Mondelez International
Dick Patton, Global Managing Partner - CEO Practice, Egon Zehnder
Andrew Hill, Associate Editor and Management Editor, Financial Times (moderator)
4:30pmChampagne Roundtables ~ Select One
• Navigating Today’s Fast-Changing Consumer Landscape (Brian Major, Managing Director, AlixPartners)
• Executive Compensation in a CEO Transition (Kelly Malafis, Founding Partner, Compensation Advisory Partners)
• New Developments in Cyber Crime and Oversight (Kal Bittanda, Consultant, Egon Zehnder)
• Role of the Corporation in Society (Claudia Allen, Senior Advisor, Board Leadership Center, KPMG)
6:30pmOutstanding Directors Awards Dinner
9:00pmEnd of Day 1
Agenda - 2nd Nov
8:00amKey Shifts in the Corporate Governance Landscape
Distilling the lessons from 2017, how boards should be preparing for the rapid rise of proxy access; bumpiness for virtual annual meetings; board diversity, tenure and skill disclosure; say-on-pay and gender pay disclosure; shareholder proposals; and exclusive forum bylaws and the changing form of shareholder litigation.
Deb Henretta, Retired Group President of Global E-Business, P&G
Director: Corning, Meritage Homes, NiSource, Staples
Laura Unger, Former Commissioner and Acting Chair, SEC
Director: CA Technologies, CIT, Navient
Marna Whittington, Retired CEO, Allianz Global Investors Capital
Director: Macy's, Oaktree Capital Management, Phillips 66
Ed Batts, Partner, Orrick (moderator)
9:00amConcurrent Breakout Sessions
- EVA as a Better Alternative to TSR and ROI for Understanding Financial Health
A look at the best ways to measure performance, allocate capital, set goals, price acquisitions, meter bonus pay and maximize shareholder value
Bennett Stewart, Chairman and CEO, EVA Dimensions
- Comparing Key Governance Trends Here and Abroad
As more US directors are being approached for foreign directorships, we explore governance practices and the regulatory framework in key international regions
Bart Friedman, Senior Partner, Cahill Gordon & Reindell
Director: Allied World Assurance Holdings, Ovid Therapeutics, Sanford C. Bernstein Fund
Andrew Hill, Associate Editor and Management Editor, Financial Times
- EVA as a Better Alternative to TSR and ROI for Understanding Financial Health
10:30amConcurrent Breakout Sessions
- Issues Confronting Comp Committees as They Finalize 2018 Plans
Compensation risks and complexities show no signs of abating. Hear about the most critical regulatory trends, clawbacks, "pay equity" issues, and challenges of designing incentives that meet shareholder - and proxy advisor - expectations
Bob Glauber, Lecturer, Harvard Kennedy School
Chairman: Northeast Bancorp
Director: XL Group
Eric Hosken, Partner, Compensation Advisory Partners
Lynn Tetrault, Former EVP of HR and Corporate Affairs, AstraZeneca
Director: Neo Genomics Clinical Laboratories
Melissa Anderson, Associate Editor, Agenda, a Financial Times company (moderator)
- Audit Committee Composition and Execution in the Face of Increased Responsibilities
Financial reporting, compliance, and the internal control environment will continue to be put to the test in 2018. Hear how ACs are thinking about membership, exercising judgment about what does and does not belong on the committee’s agenda and answering the call for professional skepticism.
Ann Berzin, Former Chairman and CEO, Financial Guaranty Insurance Company
Director: Exelon, Ingersoll Rand
Mary Ann Cloyd, Retired Partner, PwC
Director: Bellerophon Therapeutics
Lindsay Frost, Reporter, Agenda, a Financial Times company (moderator)
- Issues Confronting Comp Committees as They Finalize 2018 Plans
11:35amFinding and Onboarding First Time Directors
Hear from veteran board members and newbies about the making the leap of faith and putting safety nets in place for first time public directors
Liz Robinson, Retired Global Treasurer, Goldman Sachs
Director: BNY Mellon
James White, Retired Chairman and CEO, Jamba
Director: CallidusCloud, DeVry Group, Panera Bread
Phyllis Wise, CEO, Colorado Longitudinal Study
Director: First Busey, Nike
Andrew Hill, Associate Editor and Management Editor, Financial Times (moderator)
- Topics and speakers provide timely input on today’s top boardroom challenges
- The intimate directors-only setting encourages candid discussion among peers during off the record sessions
- There are no slide presentations, speeches or lectures
- It is a rare chance to network with sitting corporate directors from across Corporate America
Attendance is limited to sitting directors of publicly traded companies eager to take part in candid exchanges with boardroom peers on the seminal topics of the day. It fulfills board requirements for continuing director education and serves as an important networking forum.
FT-ODX puts you in a room full of your boardroom peers where everyone is comfortable speaking candidly about the most pressing governance issues of the day. Our panels are led by winners of the prestigious Outstanding Directors award and other experienced board members, who share professional experiences and insights and create an open forum for dialogue. No one sells, no one lectures, and there are no slide presentations. Instead, every session is fueled by questions from an intimate audience and all discussions are off-the-record. This unique format creates the power of FT-ODX.
Hear Firsthand from Outstanding Director Chris Lynch about the FT-ODX Experience
For a single annual fee of $10,000, member boards will receive the following benefits:
- 3 Conference Passes for ODX New York or ODX Palo Alto (individually priced at $6,500 and $4,500 respectively)
- A PDF copy of the Delegate Booklet from both events, inclusive of attendee information and contact details
- An executive summary report from both events to share with the whole board
- Priority choice of Champagne Roundtable at each event
To learn more about our ODX Membership, please contact Elisabeth Ricoleau at firstname.lastname@example.org or +1 917-551-5067.
- 82% of Fortune 100 companies and 44% of Fortune 1000 companies have sent at least one director to ODX
- Target audience is comprised of active board directors from major US public corporations
- Boards often send multiple directors, who report great value in hearing the same information and debating its relevance for their companies
Attendees in 2015-2016 represented over 250 boards including:
Sate Auto Financial
American Electric Power
Marsh & McLennan
Time Warner Cable
Delphi Automotive LLP
Jones Lang LaSalle
- Access to an exclusive invite-only audience of directors of publicly-traded companies
- Face-to-face networking opportunities throughout conference sessions and at meals and breaks
- Prestigious speakers - Sitting board chairs, CEOs and independent directors make up the bulk of the speaker roster, supplemented by prominent experts in key governance fields
- Relevant programming - ODX agendas are packed with the issues that keep directors up at night. The speakers bring real world experiences and insights and speak candidly in our off-the-record setting
- Highest level of exposure, branding & visibility - Branding on marketing collateral that appear in the Financial Times, Agenda and during the event
- ROI - The majority of directors attending serve on two or more public boards providing access to 50+ boards
For more information on future opportunities to partner with ODX, please contact:
In today’s fast paced global market timing is everything. That means more change with more urgency. To meet these challenges we offer clients small teams of highly qualified experts with profound sector insight and operational experience. Our clients include senior management and boards of leading companies, private equity and other investment firms, law firms and others who appreciate the candor, dedication and focus of our teams. We are committed to protecting, growing and transforming businesses where and when they need it most.
Compensation Advisory Partners, LLC, an independent executive compensation consulting firm provides a full range of assistance with all executive compensation needs. We work with boards of directors and management teams to develop effective compensation programs, aligned with strong corporate governance standards.
Human capital is an organization’s most important asset, one of the few sustainable competitive advantages available to businesses today. Every organization’s leadership team needs to be aligned with its business strategy, key objectives and stakeholders. The executive compensation program, particularly the incentive elements, plays an important part in establishing and reinforcing this alignment.
Our seven partners combined have extensive experience consulting to Boards of Directors and management on the full range of executive compensation issues. Our client experience ranges from some of the largest Fortune 100 multi-nationals to smaller start-ups.
In addition to working with Boards and management, our partners have testified before the SEC, Congress and the IRS on regulatory issues related to executive compensation. Our partners have authored books and articles in executive compensation and frequently speak at conferences around the world. Our partners teach professional certification classes for WorldatWork, lecture on compensation at educational institutions and serve as a liaison to several industry groups.
Since 1964, Egon Zehnder has been helping board chairs and board members navigate the changing best practices and standards of corporate governance and boardroom leadership. At a time when board composition is scrutinized more than ever before, we work with nominating committees to fill vacancies and manage the tenure cycle so that the board stays in step with evolving issues like innovation, cybersecurity and new business models. Our board effectiveness reviews provide a structured process that helps boards uncover and address roadblocks to high performance and to recommit board members to corporate governance excellence. And our global team of over 400 consultants in 69 offices and 41 countries partners with boards to build corporate management teams with the experience and agility to foster innovation and stay ahead of market disruptions. All of these activities are informed by ongoing research into the changing face of leadership in the midst of ongoing complexity and volatility.
KPMG Board Leadership Center champions outstanding governance to help drive long-term corporate value and enhance investor confidence. Through an array of programs and perspectives—including KPMG’s Audit Committee Institute, the WomenCorporateDirectors Foundation, and more—the Center engages with directors and business leaders to help articulate their challenges and promote continuous improvement. Drawing on insights from KPMG professionals and governance experts worldwide, the Center delivers practical thought leadership—on risk and strategy, talent and technology, globalization and compliance, financial reporting and audit quality, and more—all through a board lens.
Associate Partners (3)
Founded and run by Bennett Stewart, one of the pioneers in developing the corporate applications of economic profit under the banner of EVA (for economic value added), EVA Dimensions provides software, data and training and support services that automates a new and improved version of the EVA model originally developed at the Stern Stewart consulting firm. EVA Dimensions helps corporate teams to use EVA and a new set of EVA ratios and analysis tools to measure, value, and improve corporate performance, to price and consummate winning acquisitions, and to develop EVA-based performance indices for incentive plans that encourage managers to think and act like owners, by paying them like the owners. The company’s clients range from Fortune 50 firms like Pepsico and Dow Chemical, which are now embracing the best-practices in EVA, to middle market and private family-owned firms. A separate wing of EVA Dimensions provides EVA-based equity research to help institutional investors make better investing decisions. The firm’s intellectual capital is codified in a recent book authored by Stewart, titled Best-Practice EVA (John Wiley & Sons, March 2013). EVA Dimensions also maintains a 12,000 company global file on key EVA metrics as reference points for benchmarking performance, setting targets, spotlighting key trends, assessing expectations, and metering incentive pay. The firm is based in Locust Valley, NY, near Manhattan.
Orrick is passionate about innovation and shaping the long-term success of our clients. We advise public companies globally on all aspects of their business, with a focus on the technology, energy & infrastructure and finance sectors. Leading strategic acquirers and private equity funds turn to us for guidance and support on their most important deals – from cross-border combinations to serial platform acquisitions. We’ve advised on some of the most successful M&A exits, and consistently place among the most active firms for M&A globally. We are equally focused on partnering with our in-house colleagues to advise on regulatory compliance and risk management strategies.
With 1,100 lawyers based in 25+ offices and 12 countries worldwide, we are organized in one unified, true partnership. Our global presence allows us to meet the needs of our clients wherever they do business.
Financial Times named us the Most Innovative Law Firm in North America in 2016 – recognizing both the creativity of our legal solutions and the innovation we bring to efficient service delivery. And, for the past two years, Fortune has selected Orrick as us one of the 100 Best Companies to Work For. This focus on being a great workplace enables us to attract and retain the high-quality talent required to deliver outstanding service and field consistent teams that know our clients’ business.
With eight offices around the globe, Paul, Weiss, Rifkind, Wharton & Garrison LLP is a firm of more than 900 lawyers who counsel blue-chip companies and their boards on successfully navigating their most significant legal challenges and best protecting shareholder interests. Our lawyers serve as trusted advisors to corporations and their directors on the full range of public company legal matters from M&A and corporate governance to investigations and disputes.
We have played a leading role in many of the most high-profile, multibillion-dollar deals of the day, bringing a commercial, results-oriented perspective to our matters that involves not only spotting issues but, more importantly, presenting solutions. Our lawyers are among the most sought after advisors in connection with boardroom matters, including bet the company litigation, government investigations and activist defense. As cybersecurity and data breach concerns move to the fore, we also have extensive experience advising boards on best practices, risk mitigation strategies and evolving board obligations.
Supporting Publication (1)
Agenda, a Financial Times service, is the most influential source of intelligence for today's corporate directors. A world-class staff of senior reporters and editors report what's going on in other boardrooms. Agenda delivers that information directly to thousands of U.S. board directors both online and in print every week. 96% of the largest 100 companies have a director or officer with a subscription to Agenda.
For your convenience, we have reserved rooms at the Lotte New York Palace at the preferred group rate of $439.00 plus tax per night. This conference rate is available through October 18, 2017.
Outstanding Directors Award 2017 Winners
Adrian D.P. Bellamy
Adrian Bellamy has repeatedly and successfully guided the personality-charged journey from entrepreneurial leadership to the next generation of public company governance at iconic companies in the US and Europe.
Erskine B. Bowles
Senior Advisor, BDT Capital Partners
With his unique blend of finance, government and academic experience, Erskine Bowles has provided invaluable and timely guidance to boards in diverse industries while helping to enhance the regulatory environment.
William G. Parrett
Retired CEO, Deloitte Touche Tohmatsu
Bill Parrett has taken on diverse and complex directorships and quickly made an indelible mark, most notably by seeing Kodak through bankruptcy reorganization and chairing the UBS audit committee during turbulent times.
Lee M. Thomas
Retired Chairman and CEO, Rayonier
Lee Thomas used his keen regulatory and business expertise to help thwart takeover attempts at Airgas and Dupont, rolling up his sleeves when called upon to get tough jobs done and top results for all stakeholders.
Marna C. Whittington
Retired CEO, Allianz Global Investors Capital
Marna Whittington has stepped up to provide strong independent leadership at Macy's during a time of structural change in the retail industry, intense competitive pressure, and challenges from activist investors.
Outstanding Directors Awards Program
Since its inception in 1998, the FT-ODX Outstanding Directors Program has honored more than 130 independent directors from across corporate America. Outstanding Directors are identified by their boardroom peers for the key role they have played during a crisis, a business transformation or a turnaround. They are selected after consulting with members of the Outstanding Directors Advisory Board - sitting directors from a cross-section of industries and geographies - and completing extensive research into their companies and careers.
The stories of our winners show independent corporate governance at its best. Our mission is to shed light on this rarely reported positive side, and to provide a platform for sharing successful practices and lessons learned.
The program operates under the rubric of The FT Outstanding Directors Exchange - the umbrella organization for the Outstanding Directors Awards and the FT's ODX conference series in corporate governance.
Awards Selection Process
To be eligible for the Outstanding Directors award, individuals must be an independent director of at least one publicly traded U.S. company. Nominations can originate from any source (e.g., Chairman, CEO, Corporate Secretary, fellow director) but must be seconded by at least one independent director who sits on a board with the candidate.
Nominations submitted from January through August will be considered in the same year. Those received from September through December will be held for consideration the following year. Click here to submit a nomination.
Given the large number of nominations received each year, only those nominators whose candidates are finalists will hear directly from the Outstanding Directors Program. Thank you for your understanding.
Vetting and Selection of Winners
The Outstanding Directors program is ultimately responsible for naming each annual class of Outstanding Directors. We choose the award winners after consulting with members of our Advisory Board and completing our own extensive research into the candidates' companies and careers.
We look for:
- Contributions that have "moved the needle" for the companies served.
- Stories that demonstrate an effort well above and beyond the call of duty during critical periods.
- Individuals who are admired by fellow directors for courage, integrity and consensus building skills.
If you know someone who fits this description, please contact Heather Wolf at Heather.Wolf@ft.com.
Please note our ODX cancellation policy:
Individual Tickets: To receive a refund, minus a $750 registration fee, we must receive written notification of any cancellation no later than 45 calendar days before the event. Participants who cancel after this date forfeit the entire program fee. You may designate a substitute participant with the approval of the program director.
Membership Tickets: For ODX Memberships, tickets are nonrefundable. However, substitutions and transfers can be done, pending the approval of the program director.
Please see our Terms and Conditions for further information.