DIRECTORS FORUM

AGENDA

Monday, June 6

11 AM

Optional Golf Outing

Join fellow attendees for some networking and golf before the event.

7:00 – 8:00 PM ET

Welcome Reception

Kick off the event by getting to know your fellow attendees.

Tuesday, June 7

9:30 – 11:00 AM ET

New Director Coffee and Mentoring Workshop

All attendees are invited! Seasoned directors will share their experiences with executives seeking their first public company board. We’ll start with a panel discussion, followed by table-top “lightning round”discussions, sharing tips on topics such as:

  • How to find the right board opportunity that matches your skills, experiences and passion
  • The differences between serving on a public company versus private company or non-profit board
  • Preparing to contribute immediately once you join a board
  • Navigating boardroom dynamics

11:00 AM – Noon ET

Welcome Networking Lunch

Noon ET

Forum Opening

Jamie Tassa, Publisher, Corporate Board Member
Mike Jeans, Advisory Board Member, American College of Corporate Directors

12:10 – 12:50 PM ET

The Board’s Role in Accelerating Transformation

Cyrus Taraporevala, President and CEO, State Street Global Advisors

With $3.9 trillion under management State Street is among a select group of influential index fund firms emphasizing environmental, social and corporate governance (ESG) matters. We’ll sit down with SSGA’s CEO to get his perspectives on how boards can manage through historic disruption that is threatening corporate resiliency. He’ll share how SSGA is engaging with boards on workforce and climate challenges and opportunities. Don’t miss the conversation to help your company embrace new ideas that will mitigate downside risks, innovate and differentiate from your competitors.

12:50 – 1:35 PM ET

Case Study: Navigating Your ESG Journey and Stakeholders

Sylvia Kerrigan, Board Member, Team Industrial Services and Diversified Energy;
Retired EVP, General Counsel & Corporate Secretary, Marathon Oil Company
Moderated by Chris McClure, Partner and ESG Services Leader, Crowe LLP

With growing expectations from investors, employees and customers, every company is on a unique ESG journey. And now, boards must navigate a tidal wave of regulations and evolving standards frameworks. How are smart boards factoring these considerations into their ESG strategy? What questions should boards be asking management about the data they are collecting and the controls around those data points? And how do you develop a narrative—both internal and external—to talk about how your organization creates, measures and drives value? This case study will dive into these questions and more to help you develop and prioritize your ESG oversight efforts.

1:35 – 1:50 PM ET

Networking Break

1:50 – 2:35 PM ET

Directors Perspectives: Human Capital Management and the Changing Role of the Board

Sarah Dunn, Global Human Resources Officer, Tapestry (a New York-based house of brands that unites the magic of Coach, Kate Spade and Stuart Weitzman)
Thomas May, Board Member, Bank of America Corporation (2004 to 2022) and Liberty Mutual Holding Company (2002 until 2022)
Moderated by Matt Vnuk, Compensation Advisory Partners

In Corporate Board Member’s 2022 What Directors Think survey, directors ranked workforce matters the second most challenging issue to oversee. How do boards get a handle on their workforce challenges, corporate culture and employee engagement? How do you assess where the gaps are in your human capital management efforts and hold management accountable? We’ll help your board develop a more disciplined, deliberate approach to oversight of this critical issue.

2:35 – 3:20 PM ET

The Future of Ethical AI—What Board Members Need to Know

Mel Wolfgang, Managing Director and Senior Partner, Boston Consulting Group
Max Santinelli, Partner and Associate Director, Boston Consulting Group

The use of AI has become table stakes and an increasingly important piece of corporate social responsibility. However, its use can lead to risk, if not managed appropriately. Subject matter experts from BCG will bring state-of-the-art thinking on how boards can effectively navigate the pitfalls and uncover business opportunities through the ethical use of AI.

3:20 – 3:40 PM ET

Networking Break

3:40 – 4:30 PM ET

The Board’s Role in Making Great Acquisitions

Doug Baumstein, Member, Mintz Levin
Greg Woods, EVP and General Counsel, LPL Financial
Moderated by Marc Mantell, Partner, Mintz Levin

Executing successful acquisitions can be a critical component of a company’s growth strategy. Yet, many transactions don’t ultimately perform as expected or end up being challenged by shareholder class-action lawsuits. Given the potential consequences of M&A activity to companies and their boards, directors have a very important stake in overseeing the transaction process. So how can boards influence the success of M&A transactions? Through analysis of high profile buy-side cases which have been argued in the news and/or in our court system, this panel will address fiduciary duties, conflicts of interest, earn-outs, and more – providing practical and practiced advice for directors.

4:30 – 5:15 PM ET

Excellence in the Boardroom – Clint Allen Distinguished Director Award Presentation and Interview

Jack O'Brien, Board Member, The TJX Companies; Former Board Member, Cabot Corporation (1990-2020), LKQ (2003-2021) and ABIOMED (1990-2006)

With more than 2 decades of board experience, including 18 years as lead director for TJX and experience chairing audit, compensation and nominating/governance committees on his various boards, Jack O’Brien has seen just about everything in the boardroom. Don’t miss the opportunity to glean insights and advice from the lessons he has learned from the trenches to help you lead your own board in the years to come.

5:15 – 6:30 PM ET

Networking Reception and Celebration of Clint Allen Distinguished Director Honoree

Join attendees on the rooftop of the hotel for an evening of cocktails and networking!

6:30 – 8:30 PM ET

Dinner

Join attendees for dinner to celebrate our 2022 Distinguished Director honoree!

Wednesday, June 8

8:00 – 9:00 AM ET

Networking Breakfast

9:00 – 9:10 AM ET

Day 2 Welcome

9:10 – 11:00 AM ET

Case Study: Connecting Profit to Purpose

Krishna Palepu, Ross Graham Walker Professor of Business Administration, Harvard Business School; Senior Advisor to the President of Harvard University; Board Member, Brooks Automation

Care.com was an online platform designed to match caregivers with individuals seeking care for themselves, others, and pets, through job postings, caregiver profiles, and directories of local daycare centers. In March 2019, the Wall Street Journal had just published a 2,900-word investigative piece detailing potential trust and safety concerns of customers of Care.com. The success of Care.com’s business model required individuals to trust the platform enough to leave their children or elderly relatives with caregivers found through Care.com. If unaddressed, the claims in the Wall Street Journal might undermine that trust. Care.com’s leadership team had to decide how to respond to the article and evaluate whether Care.com’s existing safety measures were sufficient.

This is a one-of-a-kind session in which attendees will collaborate in small groups to answer questions  together as we evaluate the tensions of how business models connect back to the mission and how the board can/should hold management accountable, such as:

  1. What additional actions, if any, would you have taken if you were the leader of Care.com (in response to Wall Street Journal article)?
  2. Is Care.com’s business model designed to deliver on the company’s mission? Why or why not?
  3. Do you agree with the philosophy outlined in Larry Fink’s letter to the CEOs? Is Care.com (and the other platform companies)  following that philosophy?
  4. Is there any difference between corporate social responsibility/ESG initiatives and running a mission/purpose-driven organization?

 

11:00 – 11:30 AM ET

Networking Break

11:30 AM – 12:30 PM ET

Rethinking Your Supply Chains: Key Questions Boards Should Ask Management Today

Willy Shih, Robert and Jane Cizik Professor of Management Practice in Business Administration, Harvard Business School; Board Member, Flex

After two years of disruptions, supply chains continue to be front-page news. A company’s vulnerability depends not only on its geographic footprint and sourcing strategies but also on operational choices. World-renowned supply chain expert Willy Shih will help you develop your intuition on supply chains and logistics so you can ask better questions and help your management teams manage vulnerabilities—now and in the future.

12:30 – 1:15 PM ET

Directors Perspectives: The Board’s Role in Strategy

Ellen Zane, Board Member, Synchrony Financial, Boston Scientific Corp., Haemonetics Corp. and Azenta Life Sciences
Mohamad Ali, Chief Executive Officer, IDG; Board Member, iRobot and Henry Schein
Moderated by Ken Keverian, Senior Advisor, Boston Consulting Group; Former SVP of Corporate Strategy, IBM

Continuing high levels of uncertainty, potentially game-changing advances in technology, the adoption of new business models, as well as other external forces, such as ESG pressures from multiple stakeholders, cybersecurity concerns and supply chain pressures, make the job of a director more challenging than ever before – how are your boards rethinking their roles and responsibilities and contributing to a company’s long-term success? This panel will share advice ‘from the trenches’ on how boards can add value to the strategic planning process, the role of the board in questioning the status quo and challenging management’s assumptions, and the keys to an effective CEO-board relationship in contributing to higher performance and superior business results.

1:15 – 2:00 PM ET

Networking Lunch

2:00 PM ET

Forum Concludes