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April 2024

Message from the Chairman, Larry Taylor



For the past seven years I have had the opportunity to write a short message in our chapter newsletter. I served as the Chapter President for four years and now nearly three years as Chairman. My three-year term as the Chapter Chairman ends on June 30, 2024. It has been an exciting and rewarding experience. This may be my last opportunity to address our chapter as one of its leaders. As I reflect on the changes and progress our chapter experienced over the past seven years, I am grateful that we had a hard-working and seasoned board of directors that led us on this successful path. Particular gratitude goes to our past chairmen, including Dan Angeloff, Robert Rollo, Chris Mitchell, and David Rosenblum.

 

During the past seven years we increased our geographical footprint to include all of Arizona and Nevada, requiring a name change from NACD Southern California to NACD Pacific Southwest. Subscribers to our chapter doubled, the number of quality programs produced each year tripled, and our revenue base quadrupled. We established three advisory boards, one for each state – California, Arizona, and Nevada. We earned several awards from National for our innovation and the quality of our programs. We established our nationally recognized ambassador program, and we established our Strategic Partnership Committee. And of course, we continued to host our annual Corporate Directors Symposium. Among our disappointments were the unsuccessful Corporate Social Responsibility Committee where we attempted to engage corporate directors in efforts to help the disadvantaged in society to enter the workforce, and our General Counsel roundtable where members didn’t have sufficient control of their schedules to routinely attend sessions. Again, it was a fantastic period of growth for the chapter.

 

Special thanks to our current Chapter President, Richard Munro, and his team as they were instrumental in many of the successes. Looking forward to continued success in the future as I assume the role of Chair Emeritus, Richard becoming Chapter Chair, and Karen Bogart assuming the role of Chapter President.

Contents

Message from the Chairman, Larry Taylor


Upcoming Chapter Programs


Key Insights from the Strategic Partnership Committee


NACD Directorship Certified


NACD D100


Congratulations Carolyn Flowers and Rose McKinney-James


BRC Program Recap


Corporate Directors Symposium


KPMG - Latino Representation on Fortune 1000 Boards


Member Spotlights


In Memoriam - Edward "Ed" Merino


RSM - Progression

through Uncertainty: How Boards can Help their Organizations Stay the Course


NACD Pacific Southwest Chapter Sponsors


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Join us at our upcoming NACD PSW Chapter Programs


Stay up-to-date on the latest virtual and

in-person events by visiting our website.

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Key Insights From The

Strategic Partnerships Committee


by Christine Scheuneman

Chair, Strategic Partnerships Committee


The NACD Pacific Southwest Chapter Strategic Partnerships Committee was organized just over a year ago by a group of enthusiastic and creative directors who are highly engaged in developing relationships with industry and academic groups in the Pacific Southwest geographic footprint. Two of the overriding goals of the group are to raise awareness of the value proposition NACD brings to the table and to develop board opportunities for NACD members in our region.


During 2023, the Committee developed significant relationships with: AZ Bio (the voice of the bioscience industry in Arizona), ASU New Governance Lab (academic governance research), UNLV (Business and Law Schools), UCLA Anderson (the annual Corporate Directors Symposium), UCI (Business School – Annual Audit Committee Conference), Octane (the convening organization of the Orange County medical and technology ecosystem), and BioCom San Diego (the California leader in accelerating life science companies). Our most significant successes were participation in the AZ Bio Bioscience Week in September 2023, the UCI Audit Committee Program in September 2023, and the NACD PSW/UCLA Corporate Directors Symposium in November 2023.


Our success has come, in large part, because of the work of NACD PSW Board Member Dr. Jacque Sokolov. As a result of his leadership, our Chapter is now well positioned to take advantage of the relationship and visibility with AZ Bio.



The Committee plans to replicate this opportunity in other markets served by our Chapter by collaborating with the organizations above to:

  • Raise awareness of NACD PSW as the leading corporate director organization in our region
  • Promote the value of a strategic board
  • Accelerate growth in emerging companies
  • Create regional economic development
  • Surface board opportunities for NACD PSW members


Congratulations to the outstanding members of the Committee on its inaugural year: Vicky Carlson, Beth Ginzinger, Richard Munro, Julie Murray, Larry Taylor, Ashwin Rangan, Scott Sauer (Chapter Ambassador), Christine Scheuneman (Chair), Dr. Jacque Sokolov, and Les Sussman.

Join Us In Congratulating The Following Directors On Becoming NACD Directorship Certified


Dorothy Dowling

Alfred Giles

Beth Ginzinger

Jeffrey Goh

John Hall

Kieran Hannon

Lisa Marie Harris

Claudia Hollingsworth

Alexey Kuznetsov

Courtney Bass Sherizen

Anna Vickroy

NACD D100


NACD has announced its D100 Awards for 2023 and the NACD Pacific Southwest Chapter honors the winners from our region:


Private Company Director of the Year – Renée J. Hornbaker

Nonprofit Director of the Year - Byron Scott

D100 Director – John Dorman

D100 Director – Keith Dorsey

D100 Director – Christa Steele

D100 Director – Jack Taylor

D100 Director – Larry Taylor

D100 Governance Professional – Robin Ferracone


Please join us in celebrating these deserving winners and their accomplishments. The NACD Pacific Southwest Chapter is proud of you all!

Congratulations to Carolyn Flowers and Rose McKinney-James for being featured in 100 Black Board Members Making a Difference by BoardProspects. We are very proud of your recognition and achievements!


Carolyn Flowers

Rose McKinney-James





Blue Ribbon Commission Program Recap

Provided by Financial Profiles, NACD PSW Sponsor


Recently, the NACD Pacific Southwest Chapter hosted a Virtual Program highlighting the latest NACD Blue Ribbon Commission Report on Culture as the Foundation of a High Performance Board.

  

In case you missed it, the program featured two Members of the NACD Commission, Cynthia Jamison, Commissioner – Chairman, BigLots, Inc. and Darden Restaurants; and Oscar Munoz Commission Co Chair – former CEO and Chairman of United Airlines, Director, Salesforce, CBRE Group, TelevisaUnivision and Archer Aviation. The panel discussion was moderated by Richard Munro, President, NACD Pacific Southwest Chapter.


Some of the highlights were:

  • The latest NACD report outlined 10 actions boards can take to define an optimal board culture, reinforce culture and behavioral norms, and address major cultural fault lines.
  • As boardroom composition evolves, with many more first-time directors and functional experts, it is important to set clear expectations and integrate directors into the boardroom and its culture.
  • Building board culture begins with recruitment and evaluation of cultural fit. Along with needed attributes and functional background, strong candidates should be curious, ask appropriate questions, and understand the board’s strategic nature.
  • Public, nonprofit and private equity boards have unique challenges, but all need a strong board culture and agreed-upon behavioral norms for directors. 
  • One apt analogy for a board is a playground, in which many different personalities, types and human emotions come together.
  • Though board culture should reflect some of the foundational elements of the organization’s culture, the board is a different entity, and it must create its own culture to support the organization.


Please visit our website for upcoming programs HERE and register to attend and receive your NACD credits towards Director Certification and Board Leadership Fellow!

Corporate Directors Symposium 2023


The 16th Annual NACD PSW Corporate Directors Symposium was held in partnership with UCLA Anderson on November 10, 2023 at the Jonathan Club in Los Angeles.


This was the first in-person CDS since 2019, and focused on the topic “Building Resilience: Seizing Opportunity.” It considered opportunities to enhance company resilience through strategy, leadership, governance, risk management, employee capabilities, and reward practices.


Experienced corporate directors, subject matter experts, and C-Suite executives explored the need for boards and company leadership to “plan for the unexpected” given significant shifts in technology, markets, customer expectations, geopolitics, and macroeconomics.


The symposium panels and speakers considered the opportunity and risks in leveraging new technologies such as Artificial Intelligence (AI) to reshape business process capabilities and outcomes. They observed that these investments would improve customer satisfaction and build new market opportunities. They identified the need for investments in employee knowledge building, and amended work processes. They also considered the need for supportive leadership competencies and governance processes to achieve the desired company benefits.


Please join us as we recap the 2023 Corporate Directors Symposium:

SAVE THE DATE!

The 2024 NACD PSW/UCLA Anderson Corporate Directors Symposium is scheduled for Friday, November 15, 2024, at the Jonathan Club in Los Angeles.

Latino Representation On Fortune 1000 Boards: 2023 Edition


Marks the fourth study by the KPMG Board Leadership Center and the Latino Corporate Directors Association (LCDA).


Learn More

Member Spotlights

Jeff Hoffman

Jeff serves on the boards of Points of Light, California Volunteers Fund, USC Center on Philanthropy & Public Policy, and the NACD PSW Chapter.


At the NACD PSW Chapter, Jeff is the Chair of the Member Engagement Committee.


Read More…

Drumm McNaughton

Drumm serves on the board of The Change Leader, Inc.


At the NACD PSW Chapter, he is involved in the Marketing / Communications Committee and is also on the NACD PSW Arizona Advisory Board.


Read More…

Linda Peterson

Linda serves on the Boards of Scottsdale Arts, Aspen Valley CC, and Dioun Health. She sits on the Advisory Boards for Quality MD, Celebrate Life Insurance, and Innov8 Law.


At the NACD PSW Chapter, Linda is on the Arizona Advisory Board, the Marketing / Communications Committee, and is in the Healthcare Roundtable.


Read More…

In Memoriam


Edward "Ed" Merino


Ed Merino, longtime active supporter, board member and former Vice Chairman of the NACD Southern California Chapter, which grew into the NACD Pacific Southwest Chapter, passed away peacefully at his home on December 23, 2023, after a long battle with illness.


Ed was a founding leader in corporate governance in Southern California, a long time NACD member, and beloved by many. He was a founding member and Chairman of the Forum for Corporate Directors (FCD) in Orange County, was one of the four original founders of the Corporate Directors Roundtable of Orange County (CDROC), and was a board member and Vice Chairman of NACD Southern California Chapter for many years.

 

Ed was a mentor and friend to many and was known nationally as a leader in the corporate governance community.

Progression Through Uncertainty: How Boards Can Help Their Organizations Stay The Course


RSM professionals provide valuable tips and tools for navigating the risk landscape.


Learn More

Thank You To Our Partners Of The

NACD Pacific Southwest Chapter

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