6th Annual Directors' Summit

Like Surfing a Tsunami: Navigating the Waters of Corporate Governance Today:
An interactive conference for those that operate in the boardroom

NEW VENUE FOR THIS EVENT
Now Meeting in Stamford at the Stamford Marriott

The recent highly visible adverse events and controversial decisions at some companies have reinforced the inquiry (fairly or unfairly ): Where was the Board of Directors?

On September 27th in Stamford, the Connecticut Chapter of NACD will convene a Directors' Summit featuring experienced and opinionated panelists who will seek the active participation from all attendees to explore in a provocative way, the enormous change taking place in the expectations (not only by the shareholders that elect directors, but also the public at large, including regulatory and political bodies) of what a board does and what a board can and should do in its oversight and governance role.

The takeaways for all participants will be tremendous, but your participation and input is needed – Register Today!


At a Crossroads?: Institutional Investor and Director Discuss Their Perspectives on the State of Today's Corporate Governance

Kicking off the program will be a candid discussion between institutional investor (TIAA-CREF) and a seasoned director regarding corporate governance today, including where each side sees the greatest cause(s) for concern, along with where they share common ground or are miles apart on key considerations including leadership, communication and stock performance.

Participants Include: Stephen L. Brown, Senior Director, Corporate Governance at TIAA-CREF, Paul M. Albert, Director, Digital Globe, Inc. & chair, Albert Investments

Other areas of focus will include:

Culture Shock in the Boardroom

How deep should the Board dig into the activities and circumstances of the CEO and other senior executives. For example, how much should the Board know about the CEO's outside financial circumstances and activities: Are there investments that might be perceived as a conflict? Is there a personal debt situation such that it affects his risk perspective as CEO? Are there personal health issues or conditions that could affect performance? Is there a risk that personal outside activities and opinions, e.g. religious views on sensitive matters, political participation and activities, could reflect somehow on the success and reputation of the business which the CEO will lead. Where is the Board expected to draw the line between privacy and legitimate inquiry in its governance and oversight role?

Participants Include: Raymond Troubh, Former Chairman, Enron; Multi-Board Director; Richard Levick, CEO, Levick Strategic Communications; and Pimm Fox, Host, Taking Stock, Bloomberg Television; Henry S. Miller, Director, AIG and Chair, Marblegate Asset Management, LLC

Are "Director Specialists" a Passing Fad, or is it a Trend that is Here to Stay?

Where are the necessary and proper qualifications for an effective director, including diversity, broadly defined? Is a Board that is made up of highly experienced and successful business people with good business judgment sufficient, or should a Board be deliberately structured to include areas of specific expertise such as finance, accounting, marketing, strategy, information technology, risk management, and relevant technology. If the Board begins to become more a group of highly skilled technocrats, what does that imply about how much knowledge board members should demand about the detailed daily operational decisions being made by the managers of the business? And, at what point does the Board's role of governance and oversight with an appropriate duty of care, become a detailed review of operating decisions, with right of veto, over what traditionally has been viewed as the primary duty and responsibility of the full time management team?

Participants Include: J. Thomas Presby, Former Chair & CEO, Deloitte, Multi-Board Director; Melanie Kusin, Vice-Chairman, Korn Ferry International; Jill Kanin-Lovers, Director, Heidrick & Struggles and Dot Foods, Inc.

Join us, share your knowledge and expertise, and walk away more prepared to surf the tsunami that is today's corporate governance! Register Today!

Stamford Marriott
243 Tresser Boulevard
Stamford, CT 06901