Directors' Reception: Challenges for the Global Director
Please join us for one of the FWA's premiere annual events - an informal, off-the-record discussion with our panel of governance experts and leading best practice directors who will provide their personal insights on the benefits and drawbacks of global board service. How they grapple with:
- bridging global divides, cultural traps, resistance to outsiders,
- liability considerations for the Global Director,
- governance beyond the Anglo-American framework:
o board compositions: two tier boards, their roles and operations,
o independent board members,
o relations with regulators, e.g. Statutory Auditors,
o directors’ access to information,
o directors’ compensation,
o language barriers and keeping up with local market information,
o stakeholders’ status,
o financial Information: the adequacies of standards and practices.
- women and director diversity quotas.
Come to find out the important issues facing Global Directors. Featuring governance gurus Holly Gregory (moderator), Elizabeth Gile, Sophie L’Hélias, and Phyllis Yaffe.
Who should attend:
- Corporate directors interested in a closed-door session with governance experts and highly seasoned directors with international experience.
- Senior business leaders and board ready candidates preparing for a board career and interested in how to promote serving on a global board, as well as how global boards have become more diverse than U.S. boards.
Holly J. Gregory (moderator), is a partner in Sidley’s New York office and is co-global coordinator of the firm’s Corporate Governance and Executive Compensation group. Ms. Gregory counsels clients on the full range of governance issues, including fiduciary duties, risk oversight, conflicts of interest, board and committee structure, board leadership structures, special committee investigations, board audits and self-evaluation processes, shareholder initiatives, proxy contests, relationships with shareholders and proxy advisory firms, compliance with legislative, regulatory and listing rule requirements, and governance “best practice.”
A leading global expert on corporate governance, Ms. Gregory played a key role in drafting the OECD Principles of Corporate Governance and has advised the Internal Market Directorate of the European Commission on corporate governance regulation, and the joint OECD/World Bank Global Corporate Governance Forum on governance policy for developing and emerging markets. In addition to her legal practice and policy efforts, she has lectured extensively on governance topics and is Chair of the American Bar Association (ABA) Business Law Section’s Corporate Governance Committee and founding co-chair of that Committee’s Subcommittee on International Corporate Governance Developments.
Elizabeth R. Gile is a member of the Board of Directors of Keycorp, Deutsche Bank Trust Company of the Americas, and of various funds managed by BlueMountain Capital, a $19B hedge fund family. She is head of the Risk Committee at both Keycorp and Deutsche Bank.
Before her retirement in 2005, Ms. Gile was a managing director and global head of the Loan Exposure Management Group at Deutsche Bank AG. She was hired to create a new business division to manage the bank’s $100 billion loan portfolio using capital market instruments and derivatives to reduce the volatility of financial results, while enabling the bank to remain a major lender to valued clients. She spent the first 24 years of her career at J.P. Morgan, where at varying points in their North American business, she was responsible for High Grade Credit Markets trading, Credit Portfolio Management, Corporate Lending and Credit Research.
Sophie L’Hélias began her career as an M&A attorney in New York and Paris. She later joined an event-driven hedge fund in New York as Managing Director and founded a strategic corporate governance advisory firm. Ms. L’Helias serves as a director on the board of Kering (KER), chairs the compensation committee and serves on the audit committee. Kering is listed on Euronext Paris and is a global luxury group.
An expert on governance issues, Ms. L’Helias co-founded the International Corporate Governance Network (www.ICGN.org), today’s leading global investor-led governance organization and founded LeaderXXchange™ that works with institutional investors, business leaders and other market participants to promote diversity on corporate boards worldwide. Author of the book “Le Retour de l’Actionnaire” (“The Shareholder Comeback”), she frequently publishes articles in Europe, the United States and Canada and is a regular speaker at business and academic forums. Ms. L’Helias is a Senior Fellow at The Conference Board, Governance Center and the Samuel and Ronnie Heyman Center on Corporate Governance at Cardozo Law School, New York.
Phyllis Yaffe was announced as Canada's Consul General in New York in July 2016. She has had a distinguished career in both the private and not-for-profit sectors. Ms. Yaffe has served as chair of the board of Cineplex Entertainment (movie theaters), lead director of Torstar Corporation (publishing) and as a member of the boards of Lionsgate Entertainment (TV and film) and Blue Ant Media (TV production). A former board member of Astral Media, for many years she served as a senior officer, and ultimately as chief executive officer, of Alliance Atlantis Communications Inc. At Alliance Atlantis, Ms. Yaffe oversaw worldwide operations, including Canadian specialty-television channels, international television distribution business and the popular CSI television franchise.
Ms. Yaffe has also served as chair of the board of governors of Ryerson University, of the Ontario Science Centre board and of Women Against Multiple Sclerosis. She also served on the World Wildlife Fund board and was executive director of the Association of Canadian Publishers. Ms. Yaffe has earned a long list of awards, including an induction into the Canadian Association of Broadcasters’ Broadcast Hall of Fame in 2007.
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6:00 - 6:30 PM Reception
6:30 - 7:30 PM Program
7:30 - 8:15 PM Networking
$45 FWA Members, $60 Non-Members
Includes generous hors d’oeuvres, drinks, and great company.
Subway: C to 50th Street & 8th Avenue station; B/D/E to 7th Avenue station; B/D/F/M to Rockefeller Center station; N/Q/R to 49th Street station; 1 to 50th Street station.
Special thanks to Presidents Circle Company Sidley Austin LLP for hosting this event, Janet Zagorin, and Holly Gregory, Partner at Sidley Austin LLP, and Co-Chair, Global Corporate Governance and Executive Compensation Practice.
This event is organized by the Directorships and Corporate Governance Committee of the FWA of NY, Inc.
Reservations Required -- Bring Photo ID -- No Walk-Ins
Reservations/Cancellations and payments are required by Tuesday, March 28, 2017.