Spring 2017 Directors Academy

Transforming the Boardroom

May 16th | 1-5 PM May 17th | 9 AM – 5 PM

Session I – 2017: Proxy Season & the Regulatory Environment

May 16th 1 – 5pm

During this session, participants will receive updates from the 2017 proxy season and examine the trends that have emerged from shareholder meetings held in the first half of the year. The session will also provide an overview of the currently regulatory environment and potential forthcoming changes in corporate governance as a result of the new administration. A panel of key stakeholders will share their perspectives and suggest conversations that should take place in today’s boardroom.

Subject Matter Experts:

• Ellen Grady, Member, Cozen O’Connor
• Peter Kimball, Executive Director, Head of Advisory & Client Services, ISS Corporate Solutions

Session II – Creating Long-Term Value in a Short-Term World

May 17th 9 – 11:45am

Do corporations systematically take too short a view and not invest for the long term? This question continues to be the primary focus for all stakeholders. While some investors, and perhaps management, may argue for increased dividends or stock repurchases the company must have access to the capital required to adopt and commit to its strategic plan for in the long term. This session will cover the exchange needed in today’s boardroom to ensure that the company’s allocation aligns with and advances its long-term strategic priorities.

Subject Matter Expert:

• Jack Gavin, Senior Operating Advisor, LLR Partners; Director, Dorman Products
• Mike Monahan, Chief Financial Officer, Nutrisystem
• Andrew Drechsler, Former Chief Financial Officer, Insmed Incorporated

Lunch Session - Making Data a Board Agenda Issue

11:45 – 1:45pm

In a recent Deloitte poll of Fortune 500 CEOs, the rapid pace of technological change was voted the single biggest challenge facing companies, with 67% of respondents saying they consider their company to be a technology company. This response is striking given that less than 10% of Fortune 500 companies are designated as being in the technology sector. Yet, there’s an even more fundamental differentiator that will play a critical role in how companies effectively compete in the decade to come: getting the right data, extracting insights from that data, and identifying the platforms on which data can be used strategically. In short, every company should consider itself a data company. Directors have a leading role to play in helping executives look to future risks and opportunities. Asking the right questions means understanding that some of the greatest risks may not be on the balance sheet, but some of the greatest sources of value may not be on the bal­ance sheet either.

Subject Matter Experts:

• Murugan Anandarajan, Department Head, Management, Decision Sciences & MIS, Drexel University LeBow College of Business
• Diana Jones, Assistant Director, Dornsife Office for Experiential Learning, Drexel University LeBow College of Business
• Matthew Schwenderman, Principal, Deloitte Consulting

Session III – Strategy and Risk in an Age of Disruption

1:45 – 3:15pm

Disruption poses a risk and creates opportunities, driven by external factors or process enhancements that create increased efficiency. As new strategies emerge to leverage technological advances, change is rapid and often, not easily anticipated. New technologies are causing disruption on a daily basis challenging traditional business models. Companies in all industries need to be assessing this potential risk. This session will address how high performing boards are thinking both offensively and defensively as they evaluate opportunities and risks posed on their strategic direction.

Subject Matter Expert:

• Denise L. Devine, Independent Director, Fulton Financial Corporation; Founder, CAO, and CFO, RTM Vital Signs, LLC

Session IV – Defining the Future State for Boards

3:30 – 5:00pm

Boards must guide companies successfully into the future while governing it for the present. During this session, participants will gain insight as to the core competencies and cultural dynamics that boards, CEOs, and recruiters look for to ensure they have forward thinkers seated at the table with the strategic vision needed to guide the company into the future.

Subject Matter Expert:

• Christopher Franklin, CEO, Aqua America, Inc.
• Robert Main, Head of Portfolio Company Engagement, Analysis, and Voting, Vanguard
• Eileen McDonnell, Chairman and CEO, The Penn Mutual Life Insurance Company; Director, Universal Health Services

KEY BENEFITS:

• Earn credits towards Certificate in Director Education

• Networking reception immediately following the program affords participants the opportunity to speak with members of our Advisory Board and current public company directors

• Earn up to 12 Continuing Professional Education (CPE) credits in the field of Business Management and Organization