PCCE Directors' Academy

September 21, 22, 28, and 29, 2021

Drawing on PCCE’s location in New York City and its expertise in corporate compliance, enforcement, and highly regulated industries (including finance, tech, pharma, and life sciences), this inaugural, invitation-only virtual event will provide directors at public companies with expert guidance on corporate governance, enforcement, compliance, cybersecurity and data privacy, directors’ oversight duties, ESG, and shareholder activism, among other subjects. The event is free for attendees. Pre-registration required.

To access the full agenda for the Directors' Academy, click here.

 

Keynote Speakers 

Headshot of Daniel Schulman

Daniel Schulman, President and Chief Executive Officer, PayPal

With extensive corporate experience and a lifelong commitment to social justice, Dan Schulman believes the private sector has a responsibility to serve multiple stakeholders and to improve the state of the world.

The New York Urban League presented Dan with the 2021 Frederick Douglass Award, for his commitment, dedication, and influence to advance the rights of generations of underserved Black Americans. In 2020, Robert F. Kennedy Human Rights honored Dan with the Ripple of Hope Award, for demonstrating a commitment to social change and a passion for equality, justice and basic human rights. He has frequently been recognized by Fortune as one of the top 20 Businesspersons of the Year, and has received "Visionary Awards" from the Financial Health Network in 2018 and the Council for Economic Education in 2017 for his promotion of economic and financial literacy. Dan received the 2017 Brennan Legacy Award, established to honor the late Supreme Court justice and his career-long commitment to social justice and "common human dignity."

Dan is committed to building a world where everyone has access to economic opportunity, which he advances through his work as a life member of the Council on Foreign Relations and co-chair of the World Economic Forum's Steering Committee to promote global financial inclusion.

Headshot of Anthony Welters

Anthony Welters, Executive Chairman, BlackIvy Group, LLC

Anthony Welters is currently Executive Chairman of the BlackIvy Group, LLC. BlackIvy builds and grows commercial enterprises in Sub-Saharan Africa. Welters is also Co-Founder and Chairman of Somatus, Inc. He retired as Senior Adviser to the Office of the CEO of UnitedHealth Group after two decades of service, joining UHG upon its acquisition of AmeriChoice, a $1 billion health care company he founded in 1989.

Welters is a member of the boards of Loews Corporation, and the Carlyle Group. He is Trustee Emeritus of the Morehouse School of Medicine Board of Trustees, Former Chairman of the Board of New York University School of Law, as well as Vice Chairman of the Board of New York University and a Trustee of NYU Langone Medical Center. In 2012, President Obama appointed him to the Board of Trustees of the John F. Kennedy Center for the Performing Arts, where he serves as Chairman of the Finance Committee. Welters is a founding member of the National Museum of African American History and Culture. He is a recipient of a Horatio Alger Award, awarded to those who have overcome humble beginnings and adversity to achieve success and contribute to society, and serves on the board of that charitable organization as well. Welters is also a member of the American Academy of Arts and Sciences, one of the oldest learned societies in the country.

Born and raised in New York City, he earned a BA in Economics from Manhattanville College and a JD from NYU School of Law. He is a member of the Bars of New York and the District of Columbia.

Headshot of Jamie Hodari

Jamie Hodari, Chief Executive Officer and Co-Founder, Industrious

Jamie Hodari is the CEO and Co-founder of Industrious, the largest premium workplace provider in the U.S. Under his leadership, Industrious has grown to over 95 locations across more than 50 cities, achieving the best unit economics in the industry, and pioneering the evolution to landlord partnerships over traditional leases. Prior to Industrious, Jamie was CEO of Kepler, a hedge fund analyst at Birch Run Capital, a corporate lawyer at Sullivan & Cromwell, and a reporter for the Times of India. He holds a J.D. from Yale Law School, an M.P.P. from Harvard University, and a B.A. from Columbia University. 
 

For panelist and moderator bios, click here.

Panelists and Moderators include:

  • Jennifer Arlen, Norma Z. Paige Professor of Law; Director, Program on Corporate Compliance and Enforcement, NYU School of Law
  • Thomas C. Baxter, Jr., Senior Fellow, Program on Corporate Compliance and Enforcement, NYU School of Law
  • Cheemin Bo-Linn, CEO, Peritus Partners; Director, Blackline Safety
  • Barbara Byrne, Director and Chair, Audit Committee, ViacomCBS
  • Alicyn Cooley, Executive Director, PCCE, and former federal prosecutor specializing in corporate and white-collar crime
  • James DeGraffenreidt, Director, Harbor Bankshares Corporation, Mass Mutual Financial Group, American Gas Association, Alliance to Save Energy; Chair of Board, American Gas Association
  • Michelle Edkins, Managing Director, BlackRock Investment Stewardship
  • Lisa M. Fairfax, Penn Law; Director and Chair, Nominating & Corporate Governance Committee, Franchise Group, Inc.
  • Janet Foutty, Chair of Board, Deloitte
  • Avi Gesser, Partner, Debevoise & Plimpton
  • Tom Glocer, Executive Chairman, BlueVoyant LLC; Lead Director, Morgan Stanley
  • Jamie Gorelick, WilmerHale; Director and Chair, Nominating and Governance Committee, Amazon.com; Director, Verisign; former Vice Chair, Fannie Mae
  • David Greenberg, Chairman of the Governance and Assessment Committee, International Seaways; CEO, Acqua Recovery
  • Justin Shibayama Herring, Executive Deputy Superintendent, Cybersecurity Division, New York State Department of Financial Services
  • Charles “Chad” Holliday, Chairman of Board, Royal Dutch Shell; Director, HCA and Deere
  • Robert J. Jackson, Jr., Pierrepont Family Professor of Law; Co-Director of the Institute for Corporate Governance and Finance; and Director, Program on Corporate Law and Policy, NYU School of Law
  • Daniel Kahn, Acting Chief, Fraud Section, DOJ
  • Brad S. Karp, Chair, Paul, Weiss, Rifkind, Wharton & Garrison
  • Douglas Lankler, Executive Vice President and General Counsel, Pfizer Inc.
  • Martin Lipton, Founding Partner, Wachtell, Lipton, Rosen & Katz
  • Nancy Mahon, Senior VP, Global Corporate Citizenship and Sustainability, Estee Lauder; Independent Director TPG Pace Beneficial Finance Corp.
  • General Darren McDew, Retired General, U.S. Air Force; Director, USAA, Parsons Corporation, Rolls-Royce of North America, and Abbott Laboratories
  • Randal Milch, Co-Chair, NYU Center for Cybersecurity; Distinguished Fellow, Reiss Center on Law and Security; and Professor of Practice, NYU School of Law
  • Nell Minow, Vice Chair, ValueEdge Advisors
  • Eileen K. Murray, Chair, FINRA
  • Bryan Osmar, Director, CLS Bank
  • Cynthia M. Patton, General Counsel, Verily Life Sciences
  • Steven R. Peikin, Partner and Head, Securities and Commodities Investigations and Enforcement Practice, Sullivan & Cromwell
  • Debora Plunkett, Director, BlueVoyant
  • Kathryn Reimann, Senior Fellow, Program on Corporate Compliance and Enforcement, NYU School of Law
  •  Ed Rock, Martin Lipton Professor of Law and Co-Director, Institute for Corporate Governance & Finance, NYU School of Law
  • Alexandra Samuel, Data Journalist and Co-Founder of Social Signal
  • Bart Schwartz, Chairman, Guidepost Solutions
  • Karen Patton Seymour, Partner, Sullivan & Cromwell
  • Lisa M. Shalett, Former Goldman Sachs Partner; Advisor to Startups; Board Director; Founder; Brand-builder
  • Jane Sherburne, Director, Teledyne Technologies, Inc. and HSBC
  • George Simeone, Director, Deloitte
  • Garen Staglin, Founder and Chairman of ONE MIND and the Healthy Brains Global Initiative
  • Edward M. Stroz, Senior Fellow, Program on Corporate Compliance and Enforcement, NYU School of Law
  • David Szuchman, Senior Vice President, Global Head of Financial Crimes and Customer Protection, PayPal
  • Alison Taylor, Ethical Systems, NYU Stern
  • Marc Treviño, Partner, Sullivan & Cromwell
  • Maria Vullo, CEO, Vullo Advisory Services PLLC
  • Beth Webster, Curo Financial Technologies Corp.
  • Tensie Whelan, Clinical Professor of Business and Society and Director, Center for Sustainable Business, NYU Stern School of Business
  • Barry Lawson Williams, Former Director at, e.g., PG&E Corporation, Northwestern Mutual Life, and Sutter Health; Former Director and Chairman, MLT
  • Benjamin Wilson, Beveridge & Diamond; Director, Northwestern Mutual Insurance Company
  • Bruce E. Yannett, Deputy Presiding Partner and Chair, White Collar and Regulatory Defense Practice, Debevoise & Plimpton
  • Carl Young, Chief Information Officer and Chief Security Officer, The Julliard School

Course Materials and Resources

Panel 1: Compensation and Nomination Committees

  1. Gorelick, Jamie et al., “COVID-19: Key Considerations for Directors” (Mar. 23, 2020).

  2. De Smet, Aaron, Frithjof Lund, Leigh Weiss, and Suzanne Nimocks, “Boards and Decision Making” (Apr. 8, 2021).

  3. Sullivan & Cromwell LLP, 2021 Proxy Season Review: Part 1: Rule 14a-8 Shareholder Proposals (July 27, 2021).

  4. Sullivan & Cromwell LLP, 2020 Proxy Season Review: Part 2: Say-on-Pay Votes and Equity Compensation (July 22, 2020).

Panel 2: Audit and Risk

  1. Long, Arthur S. and Ising, Elizabeth A. “Risk, Risk and More Risk: Federal Reserve Finalizes Its Supervisory Guidance on Board of Directors’ Effectiveness,” Compliance & Enforcement (March 19, 2021) 

  2. Deloitte, “Board Practices Quarterly: 2021 Boardroom Agenda: Findings” (Feb. 2021).

  3. Deloitte, “Board Practices Quarterly: 2021 Boardroom Agenda” (Feb. 2021).

Panel 3: Board Diversity and Composition

  1. Fairfax, Lisa M., “Board Diversity Revisited: New Rationale, Same Old Story?”, 89 N.C. L. Rev. 856 (2011).

  2. Williams, Barry Lawson, Black Corporate Directors Time Capsule Project (Mar. 2020).

  3. Securities and Exchange Commission, Order Approving Proposed Rule Changes (Aug. 6, 2021).

  4. Breheny, Brian V. et al., “SEC Approves Nasdaq Board Diversity Listing Standards,” Compliance & Enforcement (Aug. 30, 2021).

  5. McKinsey & Company, Diversity Wins: How Inclusion Matters (May 19, 2020).

  6. McKinsey & Company, “The Diversity Opportunity for New CEOs” (Aug. 19, 2019).

  7. Other resources

    1. Fairfax, Lisa – Board Diversity Resources (Sept. 2021).

Academic Lecture 1: Director Oversight Duties over Legal and Compliance Risk

  1. In re Caremark Int’l Inc. Derivative Litig., 698 A. 2d 959 (Del. Ch. 1996).
  2. Marchand v. Barnhill, No. 533, 2018 (Del. June 19, 2019).
  3. In re Clovis Oncology, Inc. Derivative Litig., C.A. No. 2017-0222-JRS (Del. Ch. Oct. 1, 2019).
  4. Lebanon Cty. Employee’s Retirement Fund v. AmerisourceBergen Corp., C.A. No. 2019-0527-JTL (Del. Ch. 2020).
  5. Arlen, Jennifer, “The Story of Allis-Chalmers, Caremark, and Stone: Directors’ Evolving Duty to Monitor.”
  6. In re Boeing Co. Derivative Litig., C.A. No. 2019-0907-MTZ, 2021 WL 4059934 (Del. Ch. Sept. 7, 2021).
  7. Other resources

    1. Jennifer Arlen - Slides for Academic Lecture (Sept. 22, 2021).

Panel 4: Practical Perspectives on Board Governance of the Compliance Function

  1. U.S. Department of Justice, “Evaluation of Corporate Compliance Programs” (June 2020).
  2. In re Boeing Co. Derivative Litig., C.A. No. 2019-0907-MTZ, 2021 WL 4059934 (Del. Ch. Sept. 7, 2021).
  3. American Law Institute, Principles of the Law, Compliance and Enforcement (Black Letter) (2021).
  4. Steward, Mark, “Compliance, Culture and Evolving Regulatory Expectations,” Compliance & Enforcement (Apr. 12, 2021).
  5. Carey, Jessica S. et al., “DOJ 2020 Guidance for Evaluating Corporate Compliance Incorporates Feedback from Business and Compliance Communities” (June 8, 2020).

Panel 5: Governance of the At-Home Workforce

  1. Osborne, Angela, “Not So Remote Insider Threats,” Guidepost Solutions: Insights (Feb. 10, 2021).
  2. Reimann, Kathryn, “Managing Risk in Compliance Staffing Decisions,” Compliance & Enforcement (June 9, 2020).
  3. Samuel, Alexandra, “Three Things Your Boss Needs to Hear About Hybrid Work,” Medium (July 22, 2021).

Panel 9: Insights from the Inside – Advice for New Directors from Experienced Directors

  1. Lipton, Martin, Steven Rosenblum, Karessa Cain, and Hannah Clark, “Spotlight on Boards.” Compliance & Enforcement (Sept. 3, 2021).
  2. Lipton, Martin et al., “Risk Management and the Board of Directors” (Aug. 2021).
  3. Deloitte, The Equity Imperative (Feb. 2021).
  4. American Enterprise Institute Roundtable, “Was Milton Friedman Right about Shareholder Capitalism?” (Oct. 6, 2020).
  5. Lipton, Martin and William Savitt, “More Myths from Lucian Bebchuk” (Aug. 23, 2021).
  6. Other resources:
    1. The British Academy, Policy & Practice for Purposeful Business: The Final Report of the Future of the Corporation Programme (2021).