Press release from Business Wire
Corporate Board Member® and the Center for Audit Quality Aim to Advance Board-Shareholder Relations
Thursday, May 02, 2013
Corporate Board Member® and the Center for Audit Quality Aim to Advance Board-Shareholder Relations08:43 EDT Thursday, May 02, 2013
NEW YORK (Business Wire) -- Corporate Board Member, an NYSE Euronext Company, and the Center for Audit Quality (CAQ) are partnering to host a series of events focusing on the relationship between public company boards and the investor community. Following an investor roundtable held in Washington, D.C. last month, the two organizations will host the Board-Shareholder Forum on June 18, 2013 at the New York Stock Exchange.
The inaugural event will bring together CEOs, board members, general counsel and investor relations with institutional investors, pension funds, asset managers and other shareholder representatives, to debate the future of shareholder/board communications and discuss best practices around shareholders' majority voice and the challenges of future non-binding advisory votes.
“Our goal is to establish a constructive dialogue on topics surrounding the foundations of sound corporate governance policies, the role and influence of proxy advisory firms in institutional investors' voting decisions, and expectations of shareholder groups to engage directly with board members,” said Cindy Fornelli, executive director at the Center for Audit Quality.
Featured Speakers Include:
- Anne Chapman, Vice President, Fund Business Management, Capital Group
- Michelle Edkins, Managing Director & Global Head, Corporate Governance & Responsible Investment, BlackRock
- Jonathan Foster, Director, Chemtura Corp. and Lear Corp.
- Abe Friedman, Managing Partner, CamberView Partners; Former Managing Director, BlackRock; Co-Director, Stanford Institutional Investor Forum
- Jay Hanson, Board Member, Public Company Accounting Oversight Board
- Bob McCormick, Chief Policy Officer, Glass, Lewis & Co.
- Brandon Rees, Acting Director, AFL-CIO Office of Investment
- Gary Retelny, President, ISS Inc.; Managing Director & Corporate Secretary, MSCI Inc.
- Anne Sheehan, Director of Corporate Governance, California State Teachers' Retirement System
- Lopa Zielinski, Director & Senior Counsel, TIAA-Cref
“This movement for more shareholder engagement with board members isn't going anywhere, so we need to figure out a process that will work for all parties. It is interesting that our research shows current board members are open to engaging but corporate counsels, both inside and outside, are very cautious to move in this direction. Hopefully, this event will bring those discussions and concerns out in the open,” said TK Kerstetter, chairman of Corporate Board Member.
For more information on the Board-Shareholder Forum agenda, complete list of speakers, and registration, please visit: www.boardmember.com/2013boardshareholderforum.aspx
About Corporate Board Member
Corporate Board Member, an NYSE Euronext Company, is the leading information resource for senior officers and directors of publicly traded corporations, large private companies and Global 1000 firms. The quarterly publication, Corporate Board Member magazine, provides readers with decision-making tools to deal with the strategic and corporate governance challenges confronting their boards. Corporate Board Member further extends its governance leadership through an online resource center, conferences, roundtables and timely research. The magazine maintains the most comprehensive, up-to-date database of directors and officers serving on boards of publicly traded companies listed with NYSE Euronext and The NASDAQ OMX Group Inc. stock exchanges. www.boardmember.com
About NYSE Governance Services
NYSE Governance Services is an integrated suite of resources for public and privately held companies worldwide seeking to create a leadership advantage through corporate governance, risk, ethics and compliance practices. NYSE Governance Services leverages the expertise of Corpedia®, a leader in risk assessment and e-learning for ethics and compliance, and Corporate Board Member®, a trusted source on governance matters for company directors and C-level executives – both NYSE Euronext companies. NYSE Governance Services offers a range of training programs, advisory services, benchmarking analysis and scorecards, exclusive access to peer-to-peer events and thought leadership on key governance topics for company directors and C-level executives. For more information, visit www.nyse.com/governance
About the Center for Audit Quality
The Center for Audit Quality (CAQ) is an autonomous public policy organization dedicated to enhancing investor confidence and public trust in the global capital markets. The CAQ fosters high quality performance by public company auditors, 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. Based in Washington, D.C., with an office in New York, NY, the CAQ is affiliated with the American Institute of Certified Public Accountants. For more information, visit www.thecaq.org.
Corporate Board Member
Jamie Tassa, 615-309-3200 x247