Professional Bios of Panelists - Columbia Law School · 10/6/2014 · Professional Bios of...
Transcript of Professional Bios of Panelists - Columbia Law School · 10/6/2014 · Professional Bios of...
2014 Millstein Governance Forum
Professional Bios of Panelists
Vedat Akgiray
Professor, Boğaziçi University, Former Chairman, Capital Markets Board of Turkey
Vedat Akgiray has graduated from the Bogaziçi University in 1980, after finishing high school
at Robert College of Istanbul. He has obtained MA in economics, MBA degrees and also PhD
degree in finance at Syracuse University. Having held several posts at numerous universities
both in the US and in Turkey, he has published and presented more than one hundred articles
on various international academic platforms. He has tutored and advised many students at
both doctorate and also master degree levels. Since 1990, he has held his academic position at
Bogaziçi University. He was the founder of the MS program in Financial Engineering in 2002.
During the period 2009 - 2012, he served as the Chairman of the Capital Markets Board of
Turkey, vice-Chair of the IOSCO Board and Chairman of the IOSCO Emerging Markets
Committee. He is currently the director of the Center for Research in Corporate Governance and
Financial Regulation at Bogazici University.
Alissa Amico Project Manager, Corporate Governance, MENA Region, Organisation for Economic Co-operation and Development (OECD)
Ms. Alissa Amico (Koldertsova) is responsible for managing the OECD's work on improving
corporate governance in the Middle East and North Africa region. Since joining the OECD in
2005, Ms. Amico has been working with both government and private sector representatives in
the region on advancing national and regional corporate governance priorities though capacity
building activities, research and policy roundtables. She has provided technical assistance to a
number of governments in the region in design of regulatory initiatives and institution
building.
Ms. Amico has authored and co-authored a number of publications including Private Sector
Development in the Middle East and North Africa (2008), Policy Brief on Corporate Governance
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of Banks in the Middle East and North Africa (2009), The Role of MENA Stock Exchanges in
Corporate Governance (2012), Towards Better Arrangements for State Ownership (2012) as well
as articles in regional and international magazines and media. In recent years, her work has
focused on improving corporate governance of listed companies and state-owned enterprises in
the MENA region.
Prior to joining the OECD, Ms. Amico focused primarily on risk management and restructuring
issues in the Canadian banking sector, first within the TD Bank Financial Group and
subsequently at Deloitte and Touche in Toronto. Ms. Amico holds a Bachelors degree in
Business Administration from the Schulich School of Business, York University (Canada) and a
Masters degree in Political Economy from the London School of Economics (UK). She is a
member of the French Institute of Directors (IFA) and has in 2011 been named one of the Top
100 Leaders in Europe and the Middle East by the Centre for Sustainability and Excellence.
Heloisa B. Bedicks
Managing Director, Brazilian Institute of Corporate Governance (IBGC)
Heloisa B. Bedicks has been the managing director of the Brazilian Institute of Corporate
Governance – IBGC, the leading corporate governance organization in South America, since
2001. She serves on the board of Governors of the IGCN – International Corporate Governance
Network and on the board of ACAF, the Association of the Sponsors of the Brazilian Takeover
Panel. She was the president of the IGCLA (Latin American Corporate Governance Institutes)
until July 2013 and now serves on its Executive Committee. She also serves on the Executive
Committee of the GNDI – Global Network of Director Institutes. She holds a MBA from
Universidade Presbiteriana Mackenzie, a degree in Economics from University of Campinas, in
Accounting from Pontificia Universidade Catolica de Campinas and a postgraduate degree in
Finance from Universidade Salesianas.
Kenneth Bertsch
Partner, CamberView Partners
Ken Bertsch joined CamberView in January 2014 with more than three decades of leadership
roles in corporate governance. Previously, Mr. Bertsch led corporate governance teams at
Morgan Stanley Investment Management, Moody’s Investors Service Corporate Governance
Ratings, and served as Director of Corporate Governance at TIAA-CREF. He most recently
served as CEO and President of the Society of Corporate Secretaries and Governance
Professionals. Early in his career, he served for 14 years in various capacities at the Investor
Responsibility Research Center (a predecessor company of ISS), including as Director of IRRC’s
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Corporate Governance Service and Director of its Social Issues Service. Mr. Bertsch currently
serves as a director on the board of the Investor Responsibility Research Center Institute, and
has been named one of the 100 most influential leaders in corporate governance by the National
Association of Corporate Directors.
Stephen L. Brown
President & CEO, Society of Corporate Secretaries and Governance Professionals
Stephen L. Brown is president and chief executive officer of the Society of Corporate Secretaries
and Governance Professionals. A securities lawyer by training, Mr. Brown served as both a
corporate governance professional and in-house legal counsel for TIAA-CREF from 2005 to
April 2014. In addition to managing the corporate governance team and leading many of the
corporate governance and social responsibility initiatives related to TIAA-CREF’s over $500
billion investment portfolio, Mr. Brown also advised management and the boards of the TIAA-
CREF group of companies on internal corporate governance matters. Prior to this role, Mr.
Brown practiced securities law at Wilmer, Cutler, Pickering, Hale & Dorr, LLP and Skadden,
Arps, Slate, Meagher & Flom, LLP, and was a financial analyst with Goldman Sachs. For the
last three years, the NACD has named him one of the 100 most influential people in corporate
governance and the boardroom. In 2009, the Millstein Center named him as one of the 10 Global
Rising Stars of Corporate Governance. He is an adjunct professor at Yale University and the
Skadden Legal Honors program at City College of New York. Mr. Brown received his B.A.
from Yale University and his J.D. from Columbia University Law School where he was a Harlan
Fiske Stone Scholar and an Olin Law & Economics Junior Fellow.
Leslie Brun
Chairman, Broadridge Financial Solutions, Non-Executive Chairman, Automatic Data Processing
Mr. Brun is chairman and chief executive officer of Sarr Group, LLC, an investment holding
company that manages Mr. Bruns personal and family investments. He is the founder and was
chairman emeritus of Hamilton Lane, a private equity advisory and management firm where he
served as chief executive officer and chairman from 1991 until 2005. In addition, Mr. Brun is a
managing director and head of investor relations at CCMP Capital Advisors, LLC, a global
private equity firm. Mr. Brun also serves as the chairman of the board of directors of Broadridge
Financial Solutions, Inc., a director and chairman of the audit committee of Merck & Co., Inc.,
and a director of NXT Capital. Mr. Brun has extensive financial expertise coupled with a track
record of achievement demonstrated by his career at Hamilton Lane, his experience as a
managing director and co-founder of the investment banking group of Fidelity Bank, and as a
vice president in the corporate finance division of E.F. Hutton & Co.
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Maureen Bujno
Director, Deloitte Global Center for Corporate Governance
With increasing demands, escalating risks, evolving regulations, board members are facing a
changing governance landscape. It’s increasingly important for board members to have
command of the issues impacting strategic decision-making and value creation. When it comes
to governance, board and audit committee issues, Maureen Bujno is a specialist.
She is a director with Deloitte LLP and played a significant role in the establishment of the
Center for Corporate Governance. She now leads many of the Center’s activities, such as
advising on board and audit committee leading practices, research and thought leadership
development, and building and maintaining relationships with third-party governance
organizations. In 2008, Maureen was named one of the Yale School of Management Millstein
Center for Corporate Governance and Performance’s “Rising Stars of Corporate Governance.”
During her twenty-plus-year tenure with Deloitte, Maureen has also spent seven years with the
audit practice of Deloitte & Touche LLP serving clients in the manufacturing, consumer
business, professional services and telecommunications industries, and seven years in Deloitte’s
Merger & Acquisition services group.
Maureen received a bachelor of science in accounting from Fairfield University. She is a
Certified Public Accountant (CPA) in both Connecticut and New York, and is a member of the
Connecticut Society of CPAs, the American Institute of Certified Public Accountants, the
Committee for Economic Development Corporate Governance subcommittee, National
Association of Corporate Directors and the Society of Corporate Secretaries and Governance
Professionals.
Outside of the office, she is a member of the board of directors of the YMCA West Side, New
York City branch, and the Fairfield University Alumni Association board of directors, where
she serves as treasurer and Finance Committee Chair.
Russell Carson
Co-Founder and General Partner, Welsh, Carson, Anderson & Stowe
Russell Carson attended public high school in Toledo, Ohio, prior to receiving a BA degree in
economics from Dartmouth College in 1965 and an MBA from Columbia Business School in
1967. Since 1978 Mr. Carson has been a General Partner of Welsh, Carson, Anderson & Stowe
(WCAS), one of the Country’s largest private investment firms, which he co-founded. Over the
past 33 years, WCAS has raised 15 institutionally funded limited partnerships with total capital
in excess of $20 billion and has invested in more than 250 companies. Mr. Carson has focused
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on WCAS’s healthcare investment activities and is currently a director of two portfolio
companies. From 1967 to 1978 he was employed by the Citicorp Venture Capital subsidiary of
Citicorp and served as its Chairman and CEO from 1974 to 1978. Active in community affairs,
Mr. Carson is Chairman of The Rockefeller University Board of Trustees, Chairman of the New
York Genome Center, Chairman Emeritus of the Board of Overseers of Columbia Business
School, a Trustee of the Metropolitan Museum of Art, a Trustee of the New York-Presbyterian
Health System, a director of the New York City Investment Fund, a Director of the National
September 11 Memorial & Museum at the World Trade Center and Chairman of the Partnership
for Inner-City Education. He resides in New York City with his wife Judy and their two
children.
Douglas Chia
Assistant General Counsel and Corporate Secretary of Johnson & Johnson, Johnson & Johnson
Douglas K. Chia is Assistant General Counsel & Corporate Secretary at Johnson & Johnson, the
world’s most comprehensive and broadly-based manufacturer of health care products,
headquartered in New Brunswick, New Jersey. His responsibilities include providing legal
counsel to the corporation on matters of corporate governance, securities regulation, public
company disclosure, and Dodd-Frank Act and Sarbanes-Oxley Act compliance. Prior to joining
Johnson & Johnson, Mr. Chia was Assistant General Counsel, Corporate at Tyco International.
In private practice, Mr. Chia was an associate at the law firms of Simpson Thacher & Bartlett
and Clifford Chance, practicing in the New York and Hong Kong offices of each firm. While in
private practice, Mr. Chia provided legal counsel to issuers and underwriters on securities
offerings and cross-border transactions. Mr. Chia is the incoming Chair of the Board of the
Society of Corporate Secretaries & Governance Professionals and recently served as Chair of the
Society’s Succession Committee. Mr. Chia is also a member of the American Bar Association,
Association of Corporate Counsel, and National Asian Pacific American Bar Association.
Adam D. Chinn
Partner and Co-Founder, Centerview Partners LP
Adam D. Chinn, Partner, co-founded Centerview. At Centerview, Mr. Chinn has recently
advised Capital One on its $9bn acquisition of ING Direct and its $2.6bn acquisition of HSBC’s
credit card portfolio, Dreamworks Animation on the formation of its joint venture Oriental
Dreamworks and the Estate of Craig H. Neilsen on the disposition of a majority interest in
Ameristar Casinos.
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Prior to joining Centerview, Mr. Chinn has advised on several of the most prominent financial
institution mergers over the last decade, including advising Bank One on its $58 billion merger
with J.P. Morgan Chase, advising Wells Fargo on its $34 billion merger with Norwest, advising
AIG on the company’s $23 billion acquisition of American General, advising Fleet on its $16
billion acquisition of Bank of Boston, advising DLJ on its $12 billion merger with Credit Suisse
First Boston.
Mr. Chinn joined Centerview with 20 years of legal experience, most recently as a partner at
Wachtell, Lipton, Rosen & Katz. While at Wachtell, Lipton, Rosen & Katz, Mr. Chinn was active
in both the firm’s mergers and acquisitions practice and its transaction-related executive
compensation practice, with a particular emphasis on transactions involving financial service
institutions.
Mr. Chinn currently serves as the Chairman of the Board of the Young People's Chorus of NYC.
Mr. Chinn is a graduate of New York University School of Law and Oxford University.
Reatha Clark King
Former Chairman, Board of Trustees, General Mills Foundation
Dr. Reatha Clark King is Chairwoman of the Board of the National Association of Corporate
Directors (NACD), and a Life Trustee of the University of Chicago. She has over 35 years of
long-time service on corporate and nonprofit boards of directors as an independent director.
She is a former board member of Exxon Mobil Corporation, Wells Fargo Company, Minnesota
Mutual Companies, H. B. Fuller Company, Lenox Group Inc, and the Allina Health System.
King has served on several NACD Blue Ribbon Commissions, including the Board Leadership,
Director Liability, Risk Governance, Effective Lead Director, Board Diversity, and Talent
Development Commissions. She has served on the boards of several major nonprofit,
philanthropic, and government organizations including the American Council on Education,
the Council on Foundations, and the Commission on National and Community Service. King
is former president and board chair of the General Mills Foundation and vice president of
General Mills, Inc. Prior to joining General Mills, King served for 11 years as president of
Metropolitan State University in the Twin Cities, and prior to that position, she was associate
dean at York College of the City University of New York. A chemist by training, King began her
professional careers as a research chemist at the National Bureau of Standards in Washington,
DC. King received her undergraduate degree from Clark Atlanta University, master’s and
doctorate degrees in chemistry from the University of Chicago, and the MBA degree from
Columbia University. She has 14 honorary doctorate degrees and has been awarded over 60
civic and business awards, including NACD’s 2004 Director of the Year Award.
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Julie Daum
Partner and Co-Practice Leader of the Board and CEO Practice, Spencer Stuart
Julie Hembrock Daum leads the North American Board Practice and serves on the board of
directors of Spencer Stuart. She consults with corporate boards, working with companies of all
sizes from the Fortune 10 to pre-IPO companies. She has conducted more than 1,000 board
director assignments, recently recruiting outside directors for General Electric, Coach, Wal-
Mart, Bank of Montreal, numerous IPOs and spin off boards.
A recognized expert on governance topics, Julie helped found and develop the Wharton
School’s Corporate Governance: Fresh Insights and Best Practices for Directors program and is
regularly quoted in The New York Times, Financial Times, BusinessWeek, Time magazine and
The Wall Street Journal. She is also the co-author of the recent business book You Need a
Leader—Now What? How to Choose the Best Person for Your Organization.
A recognized expert on governance topics, Julie helped found and develop the Wharton
School’s Corporate Governance: Fresh Insights and Best Practices for Directors program and is
regularly quoted in The New York Times, Financial Times, BusinessWeek, Time magazine and
The Wall Street Journal. She is also the co-author of the recent business book You Need a
Leader—Now What? How to Choose the Best Person for Your Organization.
Prior to joining Spencer Stuart, Julie was the executive director of the corporate board resource
at Catalyst, where she managed all board of directors' activities and worked with companies to
identify qualified women for their boards. Julie began her career as a consultant with McKinsey
& Company in Los Angeles.
Julie is a graduate of the Wharton School at the University of Pennsylvania with an M.B.A. in
corporate finance. She serves on the board of directors of Citymeals on Wheels and as a
commissioner for the Women's Refugee Commission.
Stephen Davis
Associate Director, Programs on Corporate Governance and Institutional Investors, Harvard Law School
Stephen Davis, Ph.D. is a senior fellow and associate director of the Harvard Law School
Programs on Corporate Governance and Institutional Investors. He is also a nonresident senior
fellow at the Brookings Institution, where he co-directs the World Forum on Governance. From
2007-2012 he was executive director of the Yale School of Management’s Millstein Center for
Corporate Governance and Performance and Lecturer on the SOM faculty. US SEC Chair Mary
Schapiro named Davis to the Investor Advisory Committee, and as chair of its Investor as
Owner subcommittee. He is a board member of Hermes EOS, the shareowner engagement arm
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of Hermes Fund Managers, and a trustee of ShareAction, the UK-based NGO focused on
pension fund and fund manager accountability.
Winner of the 2011 ICGN Award for Excellence in Corporate Governance, Davis co-authored
The New Capitalists: How Citizen Investors are Reshaping the Corporate Agenda (Harvard
Business School Press, 2006). Davis was a founder of the UN Principles for Responsible
Investment. He earned his doctorate at the Fletcher School of Law and Diplomacy, Tufts
University, and completed undergraduate studies at Tufts and the London School of
Economics. Other books include Apartheid’s Rebels: Inside South Africa’s Hidden War (Yale
University Press, 1987), which was nominated for a Pulitzer Prize.
Peter Dey
Chairman, Paradigm Capital Inc.; Fmr. Chairman, Morgan Stanley Canada Ltd.
Peter Dey is currently the Chairman of Paradigm Capital Inc., and chairs the Private Sector
Advisory Group of the Global Corporate Governance Forum (now the CG division of the IFC).
He sits opn the boards of three large publicly traded companies listed in Toronto, London and
New York.
Mr. Dey was most recently a Partner of Osler, Hoskin & Harcourt LLP specializing in corporate
board issues and mergers and acquisitions. Prior to this role, he was Chairman of Morgan
Stanley Canada Limited and involved in developing the Canadian investment banking business
and the overall strategic direction of Morgan Stanley in Canada.
From 1993 to 1995, Mr. Dey chaired The Toronto Stock Exchange Committee on Corporate
Governance in Canada that released in December 1994 the report entitled Where Were the
Directors? also known as the Dey Report. The report established standards of corporate
governance for Canadian corporations.
Mr. Dey served as Chairman of the Ontario Securities Commission, Canada's representative to
the OECD Task Force that developed the OECD Principles of Corporate Governance released in
May of 1999.
Mr. Dey was awarded the ICGN Lift Time Achiever in Corporate Governance Award in 2010,
and was elected as a director of ICGN.
Mr. Dey attended Queen's University where he earned his Bachelor of Science in 1963 and
Dalhousie University where he earned his Bachelor of Laws degree in 1966. He also received his
Master of Laws degree from Harvard University in 1967.
Mr. Dey is a director of Soulpepper Theatre Company and Alpine Ontario.
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Cynthia Fornelli
Executive Director, Center for Audit Quality (CAQ)
Cindy Fornelli is the Executive Director for the Center for Audit Quality (CAQ). The CAQ is
dedicated to enhancing investor confidence and public trust in the global capital markets by
fostering high quality performance by public company auditors. The CAQ also convenes and
collaborates with other stakeholders to advance the discussion of critical issues requiring action
and intervention; and advocates policies and standards that promote public company auditors’
objectivity, effectiveness and responsiveness to dynamic market conditions. As Executive
Director, Fornelli is responsible for carrying out the mission and vision of the CAQ’s Governing
Board, which is comprised of eight leaders from public company audit firms, the American
Institute of CPAs and three independent public members. In 2013, Fornelli was named for the
fifth time to the NACD Directorship D100 list of the most influential people in corporate
governance and to Accounting Today’s Top 100 Most Influential People list for the seventh
consecutive year. In January 2014, the American Accounting Association’s Auditing Section
honored Fornelli and the CAQ with a Special Award of Merit. Fornelli currently serves as a
member of the Financial Accounting Standards Advisory Council, which is responsible for
advising the Financial Accounting Standards Board on technical issues, project priorities, and
other matters that affect accounting standard setting, and the Securities and Exchange
Commission Historical Society’s Board of Trustees, Class of 2014. She previously served on the
National Association of Corporate Directors’ 2010 Blue Ribbon Commission on the Audit
Committee and 2009 Blue Ribbon Commission on Risk Governance. A frequent guest speaker
and panelist at prominent business community events, she has been interviewed or quoted by
media outlets including Fox Business News, National Public Radio, USA Today, The
Washington Post, The Wall Street Journal, Financial Times, the Associated Press, Reuters, Dow
Jones Newswires and Bloomberg News. Additionally, Fornelli regularly offers her views as one
of a select group of thought leaders participating in LinkedIn’s Influencers program. Prior to
becoming the Center’s Executive Director, Fornelli was the Regulatory and Conflicts
Management Executive at Bank of America. In that role, she was responsible for managing
enterprise-wide conflicts that potentially could arise from the bank's delivery of multiple
products and services across several business divisions, particularly as these conflicts related to
securities regulation. Fornelli also had responsibility for coordinating enterprise regulatory
relations with securities and banking regulators. Before joining Bank of America, Fornelli was
Deputy Director of the Division of Investment Management of the U.S. Securities and Exchange
Commission, where she was responsible for implementing SEC policy, rules and regulations in
the investment company and investment advisory industries. Fornelli is a graduate of Purdue
University and received her J.D. at The George Washington University. She is a former
securities lawyer and a member of the Washington, D.C. bar and the American Bar Association.
Fornelli also serves on the Board of the Washington Literacy Center.
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Christine Gogan
Senior Portfolio Manager, CalPERS
Christine joined CalPERS Private Equity “PE” in January 2012 where she leads the Investment
Management Team. The chief responsibility of the Investment Management Team is to develop
bottom-up insight concerning value creation/sustainability across a portfolio of over 300 PE
Fund Investments/ 5,000 + portfolio companies. Prior to joining PE, Christine served as a
Senior Portfolio Manager in the CalPERS Global Real Estate Unit where her role was Top-Down
Real Estate Portfolio Management with an emphasis on Risk, Analytics, Governance, Research
and Operations for the total real estate portfolio. She brings 17 plus years of investment
management experience gained working with corporate and public plans. Christine came to
CalPERS in early 2010 from Qwest Asset Management Co. where she worked in Asset
Allocation, Public Equities and Private Markets. Christine received a Master of Laws in
Taxation from the University of Denver, J.D. with Distinction from the University of Nebraska,
Master of Professional Accountancy from the University of Nebraska, MBA from the University
of Kansas, Bachelors of Science in Accounting and Administration from the University of
Kansas. In addition, she maintains an active license to practice both law and accounting in
Colorado. Christine is also a CFA Charterholder.
Harvey Goldschmid
Dwight Professor of Law, Columbia Law School
Harvey J. Goldschmid is Dwight Professor of Law at Columbia University. He has served as
Dwight Professor since 1984, and was an Assistant Professor (1970-71), an Associate Professor
(1971-73), and a Professor of Law (1973-84) at Columbia. He is also Senior Counsel at the law
firm of Weil, Gotshal & Manges LLP. From 2002-05, Professor Goldschmid served as a
Commissioner of the United States Securities and Exchange Commission, and in 1998-99, he
was the SEC’s General Counsel (chief legal officer); from January 1 to July 15, 2000, he was
Special Senior Advisor to SEC Chairman Arthur Levitt.
Professor Goldschmid now serves as Chair of the Board of Directors of the Greenwall
Foundation, as a Public Governor and Chair of the Regulatory Policy Committee of the
Financial Industry Regulatory Authority (FINRA), as a Trustee of the International Financial
Reporting Standards (IFRS) Foundation, as a Director of the National Center on Philanthropy
and the Law, as a Director of Transparency International-USA, and on the Governing Board of
the Center for Audit Quality. He is also on the Advisory Board of the Yale’s Millstein Center for
Corporate Governance and Performance and on the PCAOB Advisory Council. Until recently
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he served as Co-Chair of the IASB/FASB Financial Crisis Advisory Group, (“an 18 member
panel of senior international leaders with broad experience in the global financial system”).
Professor Goldschmid has been a frequent lecturer at national and international legal programs
and conferences, and in recent years, served as a Distinguished Visitor at the American
Academy in Berlin, Germany, as Distinguished Fellow in Ethics and Leadership at NYU’s Stern
School of Business, and as a Business Law Advisor for the ABA Section of Business Law (“a
distinguished leader of the profession” who will share “wisdom and experience with members
of the Section”). He received: the 2004 Lawrence A. Wien Prize for Social Responsibility from
Columbia University (honoring an attorney who puts his “legal skills to work for the public
good”); the 1999 Chairman’s Award for Excellence from the SEC; and several teaching awards,
including Columbia Law School’s Willis L.M. Reese Award for Excellence in Teaching in both
1996 and 1997.
From 1980-93, Professor Goldschmid served as a Reporter for the American Law Institute’s
Principles of Corporate Governance: Analysis and Recommendations. In 2000-01, he served as
Chair of the Nominating Committee, and in 1998, completed a term as Treasurer and a member
of the Executive Committee (i.e., Board of Directors) of the NYC Bar Association, where
Professor Goldschmid previously served as Chair of the Executive Committee, Chair of the
Committee on Securities Regulation, and Chair of the Committee on Antitrust and Trade
Regulation. He also has served as Chair of the Section on Antitrust and Economic Regulation of
the Association of American Law Schools and as Founding Director of Columbia University’s
Center for Law and Economic Studies.
Mr. Goldschmid serves on Weil’s Financial Regulatory Reform Working Group, providing
expertise regarding evolving legislation and rulemaking in connection with securities
regulation and the role of the SEC.
Professor Goldschmid received his J.D., magna cum laude, from Columbia Law School in 1965
and a B.A., also magna cum laude, from Columbia College in 1962. He was Articles Editor of
the Columbia Law Review and a member of Phi Beta Kappa. He is the author of numerous
publications on corporate, securities, and antitrust law.
Harvey Golub
Partner, GRS Partners, Former CEO, American Express
Harvey Golub, 75, joined American Express in 1983 as President and Chief Executive Officer of
IDS Financial Services (now known as Ameriprise Financial). In 1990, he was named Vice
Chairman of American Express and subsequently elected Chief Executive Officer and Chairman
of the Board. Mr. Golub retired as CEO and Chairman of American Express in early 2001. Prior
to joining IDS, Mr. Golub was a Director with McKinsey & Co., where he worked on strategy
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and organizational issues for a number of corporations. Mr. Golub is the Chairman of Miller
Buckfire & Co., LLC and serves on the firm’s Board of Advisors since 2004. He currently serves
on the Boards of Hess Corporation, Dynasty Financial Partners, LLC, and Plastiq, Inc. He also
serves as a member of the Advisory Board of Marblegate Asset Management, LLC. Previously,
Mr. Golub served as Non-Executive Chairman of the Board of American International Group
(AIG), Campbell Soup Company and The Reader’s Digest Association. He has also served as a
member of the Board of Dow Jones & Company and RHJI International and several private
companies. In addition, Mr. Golub serves on the Boards of the American Enterprise Institute
for Public Policy Research and New York-Presbyterian Hospital. He is a Director Emeritus and
member of the Investment Committee of the Lincoln Center for the Performing Arts.Mr. Golub
received a B.S. degree from the New York University in 1961.
Jeffrey Gordon
Richard Paul Richman Professor of Law, Columbia Law School; Faculty Co-Director, Millstein Center
Jeff Gordon teaches and writes extensively on corporate governance, mergers and acquisitions,
comparative corporate governance, and, more recently, the regulation of finance institutions.
Recent papers relevant to current debates include: Executive Compensation and Corporate
Governance in Financial Firms: The Case for Convertible Equity-Based Pay (forthcoming
Columbia Business Law Review); The Agency Costs of Agency Capitalism (with Ronald J.
Gilson) (forthcoming Columbia Law Review), Money Market Funds Run Risk: Will Floating
Net Asset Value Fix the Problem? (with Christopher M. Gandia); and Systemic Harms and the
Limits of Shareholder Value (with John Armour). He is working on a book on Principles of
Financial Regulation with co-authors from Oxford and a revision of the Law and Finance of
Corporate Acquisitions with Professor Gilson and others. Professor Gordon graduated from
Yale and Harvard Law School, clerked for a federal appeals court judge, practiced at a New
York law firm, and worked in the General Counsel’s office of the U.S. Treasury. He began his
academic career at NYU in 1982 and moved to Columbia in 1988. While at Treasury, he worked
on the Chrysler Corporation loan guarantee program and financial regulation.
Stephen Haddrill
Chief Executive Officer, Financial Reporting Council (FRC)
Stephen Haddrill became Chief Executive Officer of the Financial Reporting Council in
November 2009. Previously he was Director General of the ABI from May 2005. In December
2008, Stephen was appointed as a member of the Financial Crisis Advisory Group (FCAG), the
high-level advisory group set up by the International Accounting Standards Board and the
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Financial Accounting Standards Board to consider financial reporting issues arising from the
global financial crisis.
October 2007 to October 2011, Stephen was appointed Vice President and Chair of the Board of
the Institute for Employment Studies, the UK's leading employment and human resources
experts.
Stephen was Director General, Fair Markets Group at the Department of Trade and Industry
(DTI), where he was responsible for the development of the framework within which business
operates, including the competition and consumer framework, employment relations, company
law, women and equality issues, and also trade and European issues. He held this position from
January 2002.
Prior to this, from 1998 until Spring 2002, he held other positions within the DTI, including
Director of Employment Relations, and Consumer Affairs. From 1994 to 1998 he was a director
of the DTI’s Competitiveness Unit, a central policy team reporting directly to the Secretary of
State.
From 1990 to 1994 he left the UK civil service to work for the Hong Kong Government as a
member of the Governor’s Central Policy Unit.
Stephen studied history and economics at Oxford University and joined the Department of
Energy in 1978 where he held a number of posts, principally on nuclear issues and as Principal
Private Secretary to the Secretary of State for Energy.
Luzi Hail
Associate Professor of Accounting, Wharton School, University of Pennsylvania
Luzi Hail joined the Accounting Department at the Wharton School of the University of
Pennsylvania in 2004, where he is now an Associate Professor of Accounting. His research
interests focus on international accounting, disclosure and securities regulation, cost of capital,
and the interrelation between countries' institutional framework and the reporting behavior by
corporations. His research has won several awards and has been published, among others, in
the Accounting Review, the Journal of Accounting Research, the Journal of Accounting and
Economics, and the Journal of Financial Economics. He serves on the editorial board of several
academic journals. Prior to joining the Wharton School, Luzi Hail spent three years as a Visiting
Scholar at the University of Washington in Seattle. He earned his doctorate from the University
of Zurich, where he later joined the Economics and Business faculty as an Assistant Professor.
He has also worked for Credit Suisse and the Union Bank of Switzerland in the Accounting &
Control Group and the Asset & Liability Management Department.
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Susan Arnot Heaney
Principal, Susan Arnot Heaney Consulting; Fmr. Executive Director, Corporate Responsibility, Avon
Products Inc.
Susan Arnot Heaney is an independent consultant in corporate responsibility, cause marketing,
philanthropy and communications, with a focus on helping organizations truly do well by
doing good. She believes in the power of business to transform the world and the vital role of
public-private partnerships to address global issues.
Heaney spent nearly 16 years with Avon Products, Inc., starting as Director of Global Public
Relations and serving in numerous roles for both the corporation and the Avon Foundation,
which became a public charity during her tenure.
At Avon she had the opportunity to develop and lead many award-winning global programs,
including the Avon Breast Cancer Crusade, Speak Out Against Domestic Violence and Hello
Green Tomorrow, which was Avon’s first environmental program. In her final role as Executive
Director, Corporate Responsibility, Heaney was tapped to develop Avon’s corporate
responsibility practice, including strategic policies, communications, reporting, stakeholder
engagement, mobilization and fundraising. Prior to Avon she was Director of Public Relations
& Corporate Communications for Elizabeth Arden and served on the Communications Council
of then-parent company Unilever. Early in her career Heaney worked in the business side of
publishing.
She serves on the board and council of several non-profits, including the Business Council for
Peace (Bpeace), with whom she traveled to El Salvador in 2013 to work with entrepreneurs.
Heaney is an avid gardener and New York City Parks Volunteer. She and her husband divide
their time between historic homes in New York City and Greenport, Long Island.
Paul C. Hilal
Partner, Pershing Square Capital Management LP
Paul C. Hilal is a Partner at Pershing Square Capital Management, which he joined in January of
2006. Pershing Square is a New York City-based hedge fund founded in 2004. Pershing
manages $13bn of capital, and has generated returns to investors of approximately 20% per
annum net of fees through pursuit of its value investing strategy. In addition to its passive
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value investing activities, Pershing pursues an activist investing strategy that seeks to increase
the value of its portfolio companies, or to unlock value trapped therein. Pershing has
completed over 20 successful activist engagements in its history.
While at Pershing, Mr. Hilal lead three successful activist campaigns. In 2007, Mr. Hilal lead the
successful proxy campaign against the incumbent board of Ceridian Corporation. Through that
engagement, Pershing earned four board seats for its nominees (including Mr. Hilal) on
Ceridian’s Board of Directors. In 2012, Mr. Hilal lead the successful proxy campaign to replace
half of the Board of Canadian Pacific Railway Limited. Shareholders elected all seven of
Pershing’s nominees to the board (including Mr. Hilal). Mr. Hilal is currently a Director of
Canadian Pacific, and is Chairman of the board’s Management Resources and Compensation
Committee. In 2013, Mr. Hilal lead a successful campaign to add Pershing designees to the
board of Air Products and Chemicals, and to catalyze a search for a new CEO.
From 2002 to 2005, Mr. Hilal was the Managing Partner of Caliber Capital Management, LP, an
information technology-sector focused investment fund. From 1998 to 2001, Mr. Hilal ran the
information technology-sector investment program at Hilal Capital Management. From 1999 to
2000, Mr. Hilal served as the Chairman of the Board and Interim Chief Executive Officer of
Worldtalk Communications Corporation, a publicly traded software company he lead through
a restructuring and sale.
From 1992 to 1997, Hilal was a Principal at Broadview Associates – at the time the leading
mergers and acquisitions advisory firm to the information technology sector. Broadview is now
a subsidiary of Jeffries Inc.
Mr. Hilal currently serves on the Board of Director of the Grameen Foundation, an umbrella
organization that helps microfinance institutions around the world enable the poor to become
financially self-sufficient through micro-lending. He is also a Trustee of the Supreme Court
Historical Society, a non-profit organization, dedicated to the collection and preservation of the
history of the Supreme Court of the United States.
Mr. Hilal received an A.B. degree in Biochemistry from Harvard College in 1988, a J.D. from
Columbia University School of Law in 1992, and an M.B.A. from Columbia University School of
Business in 1992. He lives in New York City with his wife and child.
Ben Heineman
Senior Fellow, Harvard University Schools of Law and Government; Former Senior Vice President for
Law and Public Affairs, General Electric
Ben W. Heineman, Jr. was GE’s Senior Vice President-General Counsel from 1987-2003, and
then Senior Vice President for Law and Public Affairs from 2004 until his retirement at the end
of 2005. He is currently Senior Fellow at Harvard Law School’s Program on the Legal
16
Profession and its Program on Corporate Governance, Senior Fellow at the Belfer Center for
Science and International Affairs at Harvard’s Kennedy School of Government and Lecturer in
Law at Yale Law School. A Rhodes Scholar, editor-in-chief of the Yale Law Journal and law
clerk to Supreme Court Justice Potter Stewart, Mr. Heineman was assistant secretary for policy
at the Department of Health, Education and Welfare and practiced public interest law and
constitutional law prior to his service at GE. His book, High Performance with High Integrity,
was published in June, 2008 by the Harvard Business Press. He writes and lectures frequently
on business, law, public policy and international affairs. He is also the author of books on
British race relations and the American presidency. He is a member of the American
Philosophical Society, a fellow of the American Academy of Arts and Sciences, a member of
the National Academy of Science’s Committee on Science, Technology and Law. He is recipient
of the American Lawyer’s Lifetime Achievement Award and the Lifetime Achievement Award
of Board Member Magazine. He was named one of the top 50 Innovators in Law in the Past 50
Years by the American Lawyer, one of America’s 100 most influential lawyers by the National
Law Journal , one of the 100 most influential individuals on business ethics by Ethisphere
Magazine and one of the 100 most influential people in corporate governance by the National
Association of Corporate Directors. He serves on the boards of Memorial Sloan Kettering
Cancer Center(chair of patient care committee), the Center for Strategic and International
Studies (chair of program committee), Transparency International-USA (chair of program
committee) and the Committee For Economic Development. He is a member of the board of
trustees of Central European University. He has served on an international panel advising the
President of the World Bank on governance and anti-corruption, and given the Oliver Smithies
Lectures at Oxford University. He is a graduate of Harvard College ( BA--high honors in
history), Oxford University (B.Litt—political sociology) and Yale Law School (JD)
Robert J. Jackson, Jr.
Professorof Law, Columbia Law School; Faculty Co-Director, Millstein Center
Robert Jackson is Associate Professor of Law, Milton Handler Fellow, and Co-Director of the Ira
M. Millstein Center for Global Markets and Corporate Ownership at Columbia Law School,
where his research emphasizes empirical study of executive compensation and corporate
governance matters. Before joining the faculty in 2010, Professor Jackson served as an advisor to
senior officials at the Department of the Treasury and in the Office of the Special Master for
TARP Executive Compensation. Before that, Professor Jackson practiced in the Executive
Compensation Department of Wachtell, Lipton, Rosen and Katz. Professor Jackson has testified
about his work before the U.S. Senate, and his research has been the subject of rulemaking
commentary before several federal agencies, including the Federal Reserve and the Securities
and Exchange Commission. His most recent projects include the first empirical study of
incentives throughout the managerial hierarchy of a large investment bank (Stock Unloading
and Banker Incentives, 112 Colum. L. Rev. 951 (2012)) and the first comprehensive study of CEO
17
pay in firms owned by private equity (Private Equity and Executive Compensation, 60 U.C.L.A.
L. Rev. 638 (2013)). Professor Jackson has also written about corporate spending on politics
(Corporate Political Speech: Who Decides?, 124 Harv. L. Rev. 83 (2010) (with Lucian A.
Bebchuk)), and co-chaired a group of legal academics that has petitioned the SEC to make rules
requiring U.S. public companies to disclose such spending. In 2012, Columbia students honored
Professor Jackson with the Willis L.M. Reese Prize for Excellence in Teaching. Professor Jackson
received his juris doctor from Harvard Law School; a master’s degree from the Kennedy School
of Government; an MBA and BS in Economics from the Wharton Sschool, and a BA in
Philosophy from the University of Pennsylvania and Pembroke College, Oxford.
Adam Kanzer
Adam Kanzer is Managing Director and General Counsel of Domini Social Investments and
Vice President and Chief Legal Officer of the Domini Funds. His responsibilities include
directing Domini’s shareholder advocacy department, where for more than fifteen years he has
led numerous dialogues with corporations on a wide range of social and environmental issues.
Mr. Kanzer is a member of the Securities and Exchange Commission’s Investor Advisory
Committee, created by the Dodd-Frank Act, and served on the SEC’s inaugural Investor
Advisory Committee (June 2009-November 2010). He is a founding board member of the
Global Network Initiative, an organization addressing threats to freedom of expression and
privacy rights on the Internet and other communication technologies, and serves on the board
of Tax Justice Network-USA, the public policy committee of US SIF: The Forum for Sustainable
and Responsible Investment and the advisory council of the Sustainability Accounting
Standards Board (SASB). He co-chaired the Contract Supplier Working Group at the Interfaith
Center on Corporate Responsibility for two years, focusing on improving working conditions in
corporate global supply chains. In 2008, he was named to Directorship magazine’s Directorship
100, the magazine’s listing of the most influential people on corporate governance and in the
boardroom. He is a frequent speaker and commentator on socially responsible investing and
corporate accountability. Prior to joining Domini in 1998, Mr. Kanzer was a litigator for four
and a half years with the firm of Cahill Gordon & Reindel in New York City. In October 1997,
Mr. Kanzer volunteered as an international observer of the South African Truth and
Reconciliation Commission. He holds a B.A. in political science from the University of
Pennsylvania and a J.D. from Columbia Law School.
18
Jonathan G. S. Koppell
Dean of the College of Public Programs and Professor of Public Affairs in the School of Public Affairs,
Arizona State University, Author, "World Rule" Accountability, Legitimacy and the Design of Global
Governance"
Jonathan GS Koppell is the Dean of the College of Public Programs and the Lattie and Elva Coor
Presidential Chair in the School of Public Affairs. Koppell is focused on preparing students for
lives of community engagement and public service while promoting use-inspired research
aimed at making our communities more prosperous, healthy and resilient. He has emphasized
the transcendent focus on “public goods” that unifies the specializations of college’s four
distinct schools (criminal justice, community development, public administration and policy,
and social work) while connecting the college to the broad range of relevant ASU programs.
Koppell’s research and writing broadly examines the design and administration of complex
organizations in the public, private and nonprofit sectors. His award-winning book World Rule:
Accountability, Legitimacy and the Design of Global Governance (2010) reveals the hidden
world of “global governance organizations” such as the World Trade Organization, the
International Organization for Standardization and the International Accounting Standards
Board that have more effect on our daily lives than we might imagine. Both his academic
articles and previous book, The Politics of Quasi-Government address many of the key policy
issues of the moment; including government involvement in for-profit enterprise, regulation of
financial institutions and corporate governance. Prior to joining Arizona State University in
2010 as Director of the School of Public Affairs, Koppell was on the faculty at the Yale School of
Management where he also directed the Millstein Center for Corporate Governance and
Performance. In addition to scholarly publications, Koppell has written numerous opinion
pieces for the New York Times, Wall Street Journal, Washington Post and other leading
publications. He holds a doctorate in political science from University of California, Berkeley
and BA from Harvard. In 2012, he was inducted as a Fellow of the National Academy of Public
Administration (NAPA).
Alice Korngold
Author, "A Better World, Inc.: How Companies Profit by Solving Global Problems Where Governments
Cannot", Korngold Consulting
Alice Korngold, president of Korngold Consulting LLC, provides strategy consulting to Fortune
100 corporations, professional services firms, foundations, universities, healthcare institutions,
and the boards of directors of global, national and regional nonprofits in the areas of corporate
social responsibility (CSR), sustainability, NGO/nonprofit board governance, and public-
private partnerships. She has trained and placed several hundred corporate executives on
global, national, and regional boards of directors. She has consulted worldwide for more than
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twenty years. Korngold is the author of A Better World, Inc.: How Companies Profit by Solving
Global Problems…Where Governments Cannot (Palgrave Macmillan, 2014), and Leveraging Good
Will: Strengthening Nonprofits by Engaging Businesses (Jossey-Bass, a Wiley Imprint, 2005).
Martin Lipton
Founding Partner, Wachtell, Lipton, Rosen & Katz
Martin Lipton, a founding partner of Wachtell, Lipton, Rosen & Katz, specializes in advising
major corporations on mergers and acquisitions and matters affecting corporate policy and
strategy. Lipton is Chairman of the Board of Trustees of New York University, a Trustee of the
New York University School of Law (Chairman 1988-1998), an emeritus member of the Council
of the American Law Institute and a director of the Institute of Judicial Administration. Lipton
is a member of the Executive Committee of the Partnership for New York City and served as its
Co-Chair (2004-2006). Lipton has a B.S. in Economics from the Wharton School of the
University of Pennsylvania and an LL.B. from the New York University School of Law. He is a
member of the American Academy of Arts & Sciences, a trustee of the Economic Club of New
York, a member of the International Advisory Council of Guanghua School of Management of
Peking University, and a Chevalier de la Légion d'Honneur. Mr. Lipton is an Emeritus
Chairman of Prep for Prep, having served as Chairman from 1990 to 2002.
Mike Lubrano
Co-Founder and Managing Director, Corporate Governance, Cartica Management LLC
Mr. Mike Lubrano is the Managing Director of Corporate Governance at Cartica Capital
(www.carticacapital.com), an Emerging Markets fund manager with approximately US$2.5
billion assets under management. Cartica runs a concentrated, long-only portfolio of equity
securities of publicly-traded companies, acquiring significant stakes and employing an “active
ownership” approach. Cartica engages with portfolio company management and boards in a
constructive and cooperative manner and applies its combination of capital and Emerging
Markets and corporate governance experience to influence the direction of portfolio companies
in ways that foster better performance and higher market valuations. Prior to co-founding
Cartica, Mr. Lubrano set up International Finance Corporation's corporate governance practice
and served as Manager at IFC's corporate governance unit. He developed the IFC Corporate
Governance Methodology, which is used to assess the quality of governance of potential IFC
clients and to identity opportunities to add value by improving their boards, control
environment, transparency and disclosure, and treatment of financial stakeholders. During his
ten years at IFC, Mr. Lubrano designed governance turnaround programs for numerous
companies in Latin America, Eastern Europe, the Middle East, Asia, and Africa. He was
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Advisor to Chile's Ministry of Finance in drafting that country's corporate governance reforms,
assisted the São Paulo Stock Exchange in designing the Novo Mercado and was the co-
organizer of the Latin America Corporate Governance Roundtable from 2000 to 2007. Prior
joining IFC, he worked for the World Bank on the 1995 Mexican financial crisis and was an
international securities lawyer with Cleary, Gottlieb, Steen & Hamilton, helping Latin American
companies access international capital markets. Mr. Lubrano received his A.B. Magna Cum
Laude from Harvard College; his J.D. Cum Laude from New York University School of Law;
and his M.P.A from Princeton University.
Daniel Malan
Senior Lecturer in Ethics and Governance, Director of the Centre for Corporate Governance in Africa,
University of Stellenbosch Business School
Daniel Malan is a Senior Lecturer in Ethics and Governance at the University of Stellenbosch
Business School (USB) and Director of the Centre for Corporate Governance in Africa at the
USB. His focus areas are corporate governance, business ethics and corporate responsibility. He
is a member of the following initiatives: the World Economic Forum's Global Agenda Council
on Values, the International Corporate Governance Network's Integrated Business Reporting
Committee and the Anti-Corruption Working Group of the United Nations Principles for
Responsible Management Education (PRME). His educational qualifications include a Masters
degree in Philosophy as well as a Masters degree in Business Administration (MBA), both from
the University of Stellenbosch in South Africa. He lives in Stellenbosch with his wife and two
daughters, where he is the residential head of Wilgenhof, the oldest university men's residence
in Africa.
Bob McCormick
Chief Policy Officer, Glass Lewis & Co.
Bob oversees the policy development of Glass Lewis’ proxy voting guidelines and the analysis
of over 20,000 Proxy Paper research reports on shareholder meetings of public companies in
more than 100 countries. Before joining Glass Lewis, Bob was the Director of Investment Proxy
Research at Fidelity Investments where he managed the proxy voting of 700 mutual funds and
accounts, holding 5,000 securities worth $1 trillion. He serves on the board of the Northern
California Chapter of the NACD and on the International Corporate Governance Network’s
Shareholder Rights committee. Bob serves on the advisory boards of the University of
Delaware’s Weinberg Center on Corporate Governance and Governance magazine. Bob
authored an article entitled “Good Governance and Shareholder Expectations-an Investor’s
Perspective” published by the London Stock Exchange in its 2012 book Corporate Governance
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for Main Market and AIM Companies. Bob frequently speaks at industry conferences and has
appeared on NPR, CNBC, Fox Business News, Business News Network, BBC, Board Member's
This Week in the Boardroom, Swiss TV and Bloomberg television. Bob was named one of the
100 most influential people on corporate governance by Directorship magazine from 2008
through 2012. Bob was a panelist on the Public Consultation panel on Corporate Governance
and the Financial Crisis at the OECD in 2009 and served on the OECD's Latin American
Roundtable Task Force on Related Party Transactions in 2012.
William E. McCracken
Director, MDU Resources Group, Former CEO, CA Technologies
Mr. McCracken has been Chief Executive Officer of the Company since January 2010. He was
non-executive Chairman of the Board from June 2007 to September 2009 and Interim Executive
Chairman of the Board from September 2009 to January 2010, and he served as executive
Chairman of the Board from January 2010 to May 2010. He was President of Executive
Consulting Group, LLC, a general business consulting firm, from 2002 to January 2010. During
his 36-year tenure at International Business Machines Corporation (“IBM”), a manufacturer of
information processing products and a technology, software and networking systems
manufacturer and developer, Mr. McCracken held a variety of executive positions, including
General Manager of IBM Printing Systems Division from 1998 to 2001, General Manager of
Marketing, Sales and Distribution for IBM PC Company from 1994 to 1998 and President of
IBM's EMEA and Asia Pacific PC Company from 1993 to 1994. From 1995 to 2001, he served on
IBM's Chairman's Worldwide Management Council, a group of the top 30 executives at IBM.
Mr. McCracken was a director of IKON Office Solutions, Inc., a provider of document
management systems and services, from 2003 to 2008, where he served on its audit committee,
compensation committee and strategy committee at various points in time during his tenure as
a director. Mr. McCracken serves on the board of the National Association of Corporate
Directors (“NACD”), a nonprofit membership organization for corporate board members. He is
also Chairman of the Board of Trustees of Lutheran Social Ministries of New Jersey, a charitable
organization that provides adoption, assisted living, counseling and immigration and refugee
services, and also serves on the board of PENCIL, a nonprofit organization that partners
businesses with public schools. On December 12, 2012 the Board of Directors of CA
Technologies today announced William E. McCracken, 70, who has served as CA Technologies
chief executive officer since January, 2010 and who is retiring effective March 31, 2013.
McCracken also will leave CA Technologies Board of Directors effective January 7, 2013.
22
Ira M. Millstein
Senior Partner, Weil, Gotshal & Manges LLP, Co-Chair, Millstein Center
Ira M. Millstein is a senior partner at the international law firm Weil, Gotshal & Manges LLP,
where in addition to practicing in the areas of government regulation and antitrust law, he has
counseled numerous boards on issues of corporate governance, including the boards of General
Motors, Westinghouse, Bethlehem Steel, WellChoice (fka, Empire Blue Cross), the California
Public Employees' Retirement System (CalPERS), Tyco International, The Walt Disney Co., the
New York State Metropolitan Transportation Authority, The Ford Foundation, The Nature
Conservancy and Planned Parenthood Federation of America, among others.
In addition to his active legal practice, Mr. Millstein is an Adjunct Professor of Law and Co-
Chair of The Millstein Center for Global Markets and Corporate Ownership at Columbia Law
School and an adjunct professor at Columbia Business School. He was formerly the Senior
Associate Dean for Corporate Governance and the Theodore Nierenberg Adjunct Professor of
Corporate Governance at the Yale School of Management.
Mr. Millstein, appointed by former Governor George Pataki as Chairman of a New York State
Commission on Public Authority Reform, which led to the 2009 Public Authorities Reform Act,
is Chairman of the Governor's Task Force on implementation of the Act. He is also currently a
Co-Chair of Governor Cuomo’s NYS Ready Commission.
Mr. Millstein is Chairman Emeritus, having served as Chairman from 1999-2005, of the Private
Sector Advisory Group to the Global Corporate Governance Forum founded by The World
Bank and the Organization for Economic Cooperation and Development (OECD). He served as
Chairman of the OECD Business Sector Advisory Group on Corporate Governance in 1997-1998
and Co-Chair of the Blue Ribbon Committee on Improving the Effectiveness of Corporate Audit
Committees (sponsored by the New York Stock Exchange and the National Association of
Securities Dealers) in 1998-1999. In 1997, he was appointed by Vice-President Gore and Prime
Minister Chernomyrdin to the U.S.-Russia Capital Markets Forum Working Group on Investor
Protection. In 1996, Mr. Millstein chaired the National Association of Corporate Directors' Blue
Ribbon Commission on Director Professionalism. He formerly has served as Chairman of the
Board of Advisors of Columbia University's Center for Law & Economic Studies' Institutional
Investor Project; Chairman of the New York State Pension Investment Task Force; Adjunct
Professor at New York University School of Law; and Fellow of the Faculty of Government at
Harvard University's J.F.K. School of Government.
An Elected Fellow of the American Academy of Arts & Sciences, Mr. Millstein is a frequent
lecturer and author on corporate governance, antitrust, and government regulation. In 2001, he
received the first Award for Excellence in Corporate Governance by the International Corporate
Governance Network. In June 2006, the National Law Journal named Mr. Millstein to its list of
100 Most Influential Lawyers in America. Included among his many publications are: The
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Recurrent Crisis in Corporate Governance (co-author, Palgrave, 2003; paperback by Stanford
University Press, August 2004); a trilogy of articles published in The Business Lawyer - "The
Evolution of the Certifying Board" (1992), "The Professional Board" (1995), and "The
Responsible Board" (1997); The Limits of Corporate Power (co-author, MacMillan, 1981); The
Impact of the Modern Corporation (co-editor, Columbia University Press, 1984); The Battle for
Corporate Control: Shareholder Rights, Stakeholder Interests, and Managerial Responsibility
(contributing author, New York University, 1991); and "Can the Board of Directors Help the
American Corporation Earn the Immortality It Holds So Dear?" in The U.S. Business
Corporation: An Institution in Transition (contributing co-author, American Academy of Arts &
Sciences, Ballinger Publishing Co., 1988).
Mr. Millstein is a Life Trustee and former Chairman of the Board of the Central Park
Conservancy (1991-1999), Chairman Emeritus and member of the Board of Overseers of the
Albert Einstein College of Medicine (1977-present), Chairman Emeritus of the Board of Trustees
of the American Red Cross of Greater New York (2008-present) and Emeritus Director for New
Yorkers for Parks. Mr. Millstein is a member of the Board of the National September 11
Memorial & Museum at the World Trade Center, serves as legal counsel to the Private Sector
Systemic Risk Council and serves as pro bono counsel to the Board of Directors of the Lower
Manhattan Development Corporation, the agency overseeing the redevelopment of Lower
Manhattan. He serves on the Advisory Council of Transparency International, is a former
member of the Yale School of Management Advisory Board, former member of the Board of the
National Association of Corporate Directors (NACD) and former Chairman of the NACD's
Center for Board Leadership. Mr. Millstein is also a former Chairman of the Antitrust Law
Sections of both the American Bar Association and the New York State Bar Association.
Mr. Millstein is a graduate of Columbia Law School and holds a B.S. in Engineering from
Columbia College.
Jim Millstein
Chairman & CEO, Millstein & Co., Former Chief Restructuring Officer, U.S. Department of the
Treasury
Jim Millstein is the Chairman and Chief Executive Officer of Millstein & Co.
Until March 2011, Mr. Millstein was the Chief Restructuring Officer at the U.S. Department of
the Treasury. In that role, he was responsible for oversight and management of the
Department's largest investments in the financial sector. He was the architect of American
International Group's (AIG) successful restructuring, described by the Wall Street Journal as the
"Super Bowl of Corporate Turnarounds."
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Prior to serving at the Treasury Department, Mr. Millstein spent more than two decades in the
private sector, where he "worked on some of the biggest bankruptcies in history," per the New
York Times.
From July 2000 to April 2009, Mr. Millstein served as Managing Director and Global Co-Head of
Corporate Restructuring at Lazard. Mr. Millstein managed a leading restructuring practice in
Europe, the United States and Asia. Selected engagements included representation of the
United Auto Workers in connection with the restructuring of their contractual relationships
with GM, Ford and Chrysler; representation of Charter Communications in connection with its
pre-packaged plan of reorganization under Chapter 11; representation of the Republic of
Argentina in connection with the exchange offer for its international bond indebtedness;
representation of WorldCom in connection with its Chapter 11 reorganization; representation of
United Pan-European Communications in connection with its pre-arranged plan of
arrangement in the Netherlands and Delaware; and, representation of Marconi in connection
with its scheme of arrangement in the United Kingdom.
Before joining Lazard, Mr. Millstein was Partner and Head of the Corporate Restructuring
practice at Cleary, Gottlieb, Steen & Hamilton. From September 1982 to June 2000, Mr. Millstein
managed a highly successful practice of a major international law firm. Significant engagements
included representation of Daewoo Corporation in connection with its financial restructuring in
Korea; representation of the Disney Corporation in connection with the financial restructuring
of EuroDisney in France; representation of Pan-American Airlines in connection with its
Chapter 11 reorganization; and, representation of the Zell-Chilmark Fund in its acquisition of
various troubled companies in and out of Chapter 11.
Mr. Millstein is an adjunct professor of law at Georgetown University Law Center, where he
teaches financial regulation. Mr. Millstein is a commissioner on the American Bankruptcy
Institute Commission to study the Reform of Chapter 11, and the Trustee of Weantinoge
Heritage Land Trust, the largest land trust in Northwest Connecticut.
Mr. Millstein received a J.D. from Columbia Law School, where he was a Harlan Fiske Stone
Scholar. He holds an M.A. in Political Science summa cum laude from the University of
California, Berkeley. Mr. Millstein graduated summa cum laude with a B.A. in Politics from
Princeton University.
25
Stilpon Nestor
Managing Director and Senior Advisor, Nestor Advisors Ltd., Former Head of the Corporate Affairs
Division, OECD
Stilpon Nestor is the Managing Director of Nestor Advisors Ltd, a London- based consultancy
focusing on corporate governance and organization. In this capacity, he has advised the boards
of some of the largest companies and financial institutions in the EU; several large companies in
the European, Asian and Middle-Eastern emerging markets across a variety of sectors; and
various IFIs including the World Bank/IFC, the EBRD and FMO.
Until March 2002, Stilpon was the Head of the Corporate Affairs Division at the OECD, leading
the team which produced the global corporate governance benchmark, the OECD Principles of
Corporate Governance.
He is a non-executive director of ACC, one of the largest contractors in the Gulf. He was also a
director and a member of the risk committee of the European Investment Bank in Luxembourg
(2009-2013), a member of the EU Commission’s Advisory Board on Company Law and
Corporate Governance (2007-2011) and a member of the board of the International Corporate
Governance Network (2004-2007). A regular public speaker on various aspects of governance,
Stilpon has participated in events organized by, among others, the Institute of International
Finance, the European Securities Market Authority and the UK Financial Services Authority. He
has a legal background and holds an LL.B from the University of Thessaloniki Law School and
an LL.M from Harvard Law School (1983).
Matthew Orsagh
Director of Capital Markets Policy, CFA Institute
Matthew Orsagh is a director of capital markets policy for the CFA Institute. His
responsibilities include serving as spokesperson for the CFA Institute Centre; identifying and
developing new corporate disclosure project ideas; promulgating Capital Markets Policy Group
corporate disclosure positions, policies, and standards; and coordinating and supporting related
public awareness activities. Previously, Mr. Orsagh was a research analyst at Governance
Metrics International, where he scrutinized financial statements and company filings to
evaluate the corporate governance practices of numerous global companies. Mr. Orsagh was
named one of the 2008 “Rising Stars of Corporate Governance” by the Millstein Center for
Corporate Governance and Performance at the Yale School of Management. Mr. Orsagh is a
member of the New York Society of Security Analysts (NYSSA) and is an advisory board
member of SASB (Sustainability Accounting Standards Board).
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Ellen Odoner
Partner and Head, Public Company Advisory Group, Weil, Gotshal & Manges LLP
Ellen Odoner heads Weil, Gotshal & Manges’ Public Company Advisory Group, which advises
US public companies and US-listed foreign private issuers on corporate governance, SEC
disclosure, financial restatements and internal control matters. She is one of the leaders of the
Firm's high-stakes corporate counseling team. She also specializes in merger & acquisition and
securities transactions, particularly those with cross-border elements.
Ms. Odoner represents boards of directors, audit committees, special committees of
independent directors, disclosure committees and legal and financial officers of US and non-US
companies.
She has extensive experience representing non-US companies in the US and in structuring
multi-jurisdictional transactions to harmonize US and non-US regimes and obtain innovative
SEC relief.
Representative transactions include GE’s cross-border acquisitions of Wellstream plc and
Amersham plc and $15 billion public capital raise and investment by Berkshire Hathaway; Tyco
Electronics’ cross-border reincorporation; Reuters’ acquisition by The Thomson Corporation;
Whirlpool's acquisition of Maytag; various acquisitions by L’Oreal S.A; Pirelli SpA’s sale of its
optical components business to Corning; and numerous acquisitions, disposals and demergers
by non-US companies including Hanson plc, Invensys plc and BPB plc.
Ms. Odoner assisted the Financial Crisis Advisory Group established to advise the Financial
Accounting Standards Board and the International Accounting Standards Board on the
standard-setting implications of the global financial crisis. She lectures on SEC, governance and
M&A developments and co-chaired an ABA Task Force on the SEC's cross-border exemptions.
Ms. Odoner is also active in the Firm's diversity and pro bono initiatives. She was the founding
chair of Women@Weil and leads the Firm's representation of the Breast Cancer Research
Foundation. She was inducted into the YWCA's Academy of Women Leaders and serves on the
Board of Trustees of the Hunter College Foundation.
Ms. Odoner is recognized in Chambers USA, Best Lawyers in America and in various other
publications on both sides of the Atlantic.
Bar Admissions: New York State; Education: Yale University (B.A., magna cum
laude, 1973); Harvard Law School (J.D., 1977)
27
Jameela Pedicini
Vice President, Sustainable Investment, Harvard Management Company
Jameela Pedicini is Harvard Management Company’s first vice president for sustainable
investing. Working closely with Harvard President Drew Faust and President and CEO of HMC
Jane Mendillo, Pedicini was instrumental in the University’s recent decision to sign the United
Nations-supported Principles for Responsible Investment (PRI). Prior to this role, Pedicini was
an Investment Officer in the CalPERS Corporate Governance Program. She supported the
integration of environmental, social and governance factors into investment decision-making
across the Total Fund and contributed to CalPERS corporate engagement program. Prior to
joining CalPERS, Pedicini worked at the UN-backed Principles for Responsible Investment
where she developed and facilitated collaborative investor engagements on social issues. She
has a background in ESG research. Pedicini holds an MPhil in Comparative Social Policy from
the University of Oxford, MSc from the University of Amsterdam, B.A. from Antioch
University, and the CFA Society of the UK, Investment Management Certificate.
Charles Penner
Partner & Chief Legal Officer, JANA Partners LLC
Charles Penner is a Partner and Chief Legal Officer at JANA Partners LLC, where he is
responsible for legal and communications strategy for activist investments. Prior to joining
JANA in 2005, Mr. Penner was a senior associate at Schulte Roth & Zabel focusing on M&A and
contests for corporate control including proxy contests. Before that he was an M&A Associate in
the business development group at General Electric focusing primarily on NBC. Before GE, he
was an associate at Cravath, Swaine & Moore focusing on transactions in media, telecom and
entertainment. Prior to law school, Mr. Penner worked as Deputy Communications Director for
U.S. Senator Max Baucus, a Communications Aide for U.S. Senator Barbara A. Mikulski, and as
a White House intern (pre-Monica). Mr. Penner received a JD from the University of
Pennsylvania Law School (Order of the Coif) where he was a member of the University of
Pennsylvania Law Review and a BA from Miami University. Mr. Penner is a member of the
Board of Trustees of the Children's Aid Society and a member of the Board of Directors of
Venture for America.
Paul N. Roth
Founding Partner & Chair of the Investment Management Group, Schulte Roth & Zabel LLP
Paul N. Roth is a founding partner of the firm and chair of the Investment Management Group.
Throughout his career, Paul has acted as counsel to leading public and private companies in
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financial services and to their boards of directors. His extensive private investment funds
practice, an area in which he has more than 45 years of experience, includes the representation
of hedge funds, private equity funds, offshore funds, investment advisers and broker-dealers in
connection with fund formations and compliance, securities regulation, mergers and
acquisitions (domestic and cross-border) and other financial transactions. Considered the “dean
of the hedge fund bar,” Paul serves as a special adviser to the Board of Directors of the
Managed Funds Association (MFA) and as an adviser to the Alternative Investment
Management Association (AIMA) and is a former member of the Legal Advisory Board to the
National Association of Securities Dealers (NASD). He chairs the Subcommittee on Hedge
Funds of the American Bar Association’s Committee on Federal Securities Regulation and is a
former chair of the New York City Bar Association’s Committee on Securities Regulation.
Paul has been recognized as a leading funds lawyer by The Best Lawyers in America, which
also named him New York City Private Funds/Hedge Funds Law Lawyer of the Year. He also
continues to be recognized by Chambers Global, Chambers USA, The Legal 500 United States,
IFLR Best of the Best USA (Investment Funds), IFLR Guide to the World’s Leading Investment
Funds Lawyers, IFLR Guide to the World’s Leading Private Equity Lawyers, IFLR Guide to the
World’s Leading Capital Markets Lawyers, The International Who’s Who of Private Funds
Lawyers, Lawdragon 500 Leading Lawyers in America, PLC Cross-border Investment Funds
Handbook, Who’s Who in American Law, and Who’s Who in America. Paul was recently
honored at The Hedge Fund Journal Awards for his outstanding achievement in the hedge fund
industry. He also received a Lifetime Achievement Award from Hedge Funds Care in
recognition of his prominence in the hedge funds industry and his extraordinary commitment
to philanthropy. He was named to HFMWeek’s 2010 list of the 50 most influential people in
hedge funds. Paul is a lecturer at the University of Pennsylvania's Wharton School, where he
currently teaches “Responsibility in Professional Services.” He is also an Adjunct Professor of
Finance at NYU Stern School of Business, where he taught “Managing Financial Businesses”
during Fall 2011 and Fall 2012, and an Adjunct Professor of Law at NYU School of Law, where
he is teaching “Law and Business of Financial Institutions.” Paul graduated magna cum laude
from Harvard College, cum laude from Harvard Law School and was awarded a Fulbright
Fellowship to study law in The Netherlands. He served on the Advisory Board of Harvard Law
School’s Center on Lawyers and the Professional Services Industry and formerly served as
president and a trustee of the Harvard Law School Alumni Association of New York City. In
addition, he is a member of the Boards of Directors of the NAACP Legal Defense and
Educational Fund and the Advisory Board of the RAND Center for Corporate Ethics and
Governance, and he is a fellow of the New York Bar Foundation and the Phi Beta Kappa
Society.
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Chris Ruggeri
Principal, Advisory Services, Deloitte Financial Advisory Services LLP
Chris Ruggeri is a Principal in the Advisory Group and serves as the US M&A leader for
Deloitte Transactions and Business Analytics LLP. With over 25 years of experience, Chris’
practice focuses on advising public and private companies, boards of directors and special
committees on negotiated and unsolicited transactions. Chris assists clients understand the
value of business enterprises and associated key value drivers and risk factors. She has
substantial experience in a broad range of industries including financial services, technology,
life sciences, energy and industrial products. Chris is one of the principal authors of Deloitte’s
Market Value Creation and Investor Relations point of view and leads Deloitte’s focus on trends
in M&A and corporate development effectiveness. Chris has authored numerous articles
including “CFO’s Add Value to Board Decisions on M&A’s (RMA Journal, March 2014)”,
“Investor Relations: What New CFO’s Should Know (CFO Insights, March 2013)” and “Market
Value Creation: A CFO Guide (CFO Journal, September 2013)”. Chris speaks frequently on
M&A, investor relations and shareholder activism. Prior to joining Deloitte, Chris was a
Managing Director at Standard & Poor’s and a Principal in the Financial Advisory Services
practice of a Big 4 firm. Chris started her career as an associate at the NASD (now FINRA).
Chris was based in Budapest, Hungary in 1990-1991 where she advised international investors
on the value of investments in Central and Eastern Europe and Russia. Chris serves on the
Board of the Citizens Committee for New York City.
Tom Sansone
CFO & Head of Corporate Development, Gilt Groupe
Tom serves as the Chief Financial Officer and Head of Corporate Development at Gilt. In this
role he oversees a variety of functions including finance, accounting, treasury, tax, mergers and
acquisitions, raising capital, investor relations, managing capital markets and forming astute
strategic alliances, investments and joint ventures—for the portfolio of Gilt businesses. During
his tenure, Tom has led Gilt through dozens of transactions including debt and equity raises,
acquisitions, investments, Joint Ventures, partnerships, and strategic alliances.
Tom joined Gilt in 2009, bringing over 10 years of consulting experience at "Big Four" public
accounting firms, most recently as Director of Global Structuring at PricewaterhouseCoopers.
Tom's global business acumen and expertise in corporate development was perfected while
advising top Fortune 500 companies, private equity clients, and startup companies including
Staples, TJX, AOL, Google, Akamai, Hewlett-Packard, Iron Mountain, Liberty Media, Discovery
Communications, Time Warner, Reed Elsevier, Lockheed Martin, and BearingPoint.
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A frequent guest lecturer, Tom has taught at several universities and conducts seminars and
internal trainings on a variety of subjects. He is a CPA and holds a BA from Gettysburg College
and an MBA from Georgetown University's McDonough School of Business.
Jeffrey Tabak
Partner & Co-Founder, Private Funds Fractive, Weil, Gotshal & Manges LLP
Jeffrey Tabak is a founder of the Private Funds practice of Weil, Gotshal & Manges LLP. He
regularly represents a number of private investment funds, and their sponsors, in connection
with their organization and the acquisition and disposition of their investments. He counsels
institutional investors and represents a number of money management firms and has been
involved in many acquisitions of money managers. He also has a wide-ranging corporate and
securities law practice. In October 2006, Mr. Tabak was named by Private Equity International
as one of the thirty most influential lawyers in global private equity. Mr. Tabak has been
consistently cited for excellence in the Private Equity field by Chambers Global and Chambers
USA and was listed among the world’s leading lawyers in Private Funds in The International
Who’s Who of Private Funds Lawyers 2013. Mr. Tabak was also named a Recommended
Lawyer for Private Equity Funds in the US by Legal 500 US 2013, one of America’s “Top 25 Pre-
Eminent Private Equity Lawyers” by The Best of the Best USA 2010, a leading lawyer in
Investment Funds by IFLR1000 2014, and a “Best Lawyer” for Corporate Law and Private Funds
/ Hedge Funds Law by The Best Lawyers in America 2014. Mr. Tabak has written and spoken
on a variety of topics relating to private investment funds. He is a member of the New York
State and American Bar Associations, and is the Vice Chairman of the ABA Federal Securities
Subcommittee on Hedge Funds. Mr. Tabak is active in pro bono matters and is a trustee and
secretary of the Museum of Jewish Heritage: A Living Memorial to the Holocaust and serves as
counsel to the Board of Directors of the National September 11 Memorial and Museum at the
World Trade Center Foundation. He served as a trustee of Home Instruction for Parents of
Preschool Youngsters (HIPPY) USA from 1996 to 2002, was Vice Chairman of the Board from
1997 to 1999 and continues to serve as counsel. HIPPY awarded Mr. Tabak its Founders award
in 2006. Mr. Tabak received a B.A. (1979) in political science and a J.D. (1982) from Duke
University. He graduated magna cum laude and was elected as a member of Phi Beta Kappa.
Mr. Tabak served as Chair of The Advisory Board for Jewish Life at Duke University from 2009-
2012.
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Joshua Targoff
Partner, COO & General Counsel, Third Point LLC
Mr. Joshua Laurence Targoff, also known as Josh, J.D. is the Partner, Chief Operating Officer
and General Counsel of Third Point LLC, Investment Manager of Third Point Offshore
Investors Limited. Mr. Targoff joined Third Point in May 2008. He served in the legal
department of Jefferies & Company, Inc., where he served as Senior Vice President and the
General Counsel for Investment Banking since 2003. From 1996 to 2003, he served as an
Associate at the Debevoise & Plimpton LLP. He has been a Director of Baseline Oil & Gas Corp.
since February 2009. He has been Non-Executive Director of Third Point Offshore Investors
Limited since 29 May 2009. He serves as a Director at Third Point Reinsurance Ltd. Mr. Targoff
received a B.A. from Brown University in 1991 and a J.D. from Yale Law School in 1996.
Michael Wissell
Michael Wissell leads the department that oversees the fund's Public Equities portfolios. Public
Equities incorporates internally managed portfolios, Teachers' relationship investing team as
well as external managers used to broaden our geographic scope. In support of these activities,
Public Equities monitors the corporate governance practices of the companies in which
Teachers' invests. Mr. Wissell joined Teachers' in 2002 with more than 15 years of capital
markets experience. As Senior Vice-President, Tactical Asset Allocation and Natural Resources,
he played an important role in Teachers' development of that asset class. He holds a B. Comm.
from Carleton University, an MBA from McMaster University, an ICD.D designation from the
Institute of Corporate Directors and is a CFA charter holder
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