Consummate corporate influencer Jeffrey Sonnenfeld has been mobilizing the private sector around critical issues for more than four decades. But it was the Yale professor’s efforts to lead the corporate pullout from Russia in the wake of their Ukraine invasion that led our selection committee to honor him with this year’s Greatest Impact on Corporate Boards award.
The attack on Ukraine started long before Russian forces set foot on Ukrainian soil, with nation-state actors reaching through cyberspace to stalk its infrastructure. Fortunately, the country had a powerful ally in Microsoft, whose efforts to defend the country led our selection committee to honor them with CBM’s 2023 Courage in the Boardroom award. Lead director Sandi Peterson shares a boardroom perspective on the tech company’s role in fending off the threat of cyber weapon deployment and on other challenging issues faced by today’s boards.
Cultivating a high-performance board that satisfies a spectrum of stakeholders while still offering up inviting returns isn’t easy—especially over the long haul. John Lundgren’s ability to deliver on both counts is a masterclass in how to do it right.
After a decade of struggling to lure and hang on to top talent, it’s tempting to hope that tech sector layoffs and rising market volatility might lead to a loosening talent market. The reality: The challenges may have changed, but the competition for quality contributors remains brutal.