Culture is like Oxygen: It’s critically important; it’s everywhere; it’s difficult to capture, and generally taken for granted unless and until it becomes a problem. Culture is the single strongest common thread among all major boardroom issues – from risk management to management succession and everything in-between. Join our discussion with directors experienced in identifying red flags and overseeing successful culture transformations while hearing insights from this year’s NACD Blue Ribbon Commission Report.
Lisa Gersh is the Chief Executive Officer of Alexander Wang. Prior to joining Alexander Wang, Lisa served as the Chief Executive Officer of Goop, Inc. (a lifestyle brand founded by Gwyneth Paltrow). From June of 2011 until March of 2013, Ms. Gersh served first as President and then Chief Executive Officer of Martha Stewart Living Omnimedia, Inc. (an integrated media and merchandising company). Ms Gersh served as the President of Strategic Initiatives at NBC Universal from 2007 until January 2011. Ms. Gersh was the co-founder of Oxygen Media which she started in 1998 and served as President until it was sold to NBC Universal in 2007. During her tenure at Oxygen, Martha Stewart Living Omnimedia and Goop, Ms. Gersh was a member of the Board.
Management Professor and Academic Director, Columbia Business School
Dr. Klepper joined Columbia Business School in 1996 after over thirty years as a general manager in higher education. He is a management professor who teaches Executive Leadership in the EMBA program and serves as the Faculty Director of the partnership with the Financial Times/Outstanding Directors Exchange on corporate governance. His teaching and research interests are in the areas of Executive Learning, Strategic Leadership, and Corporate Governance. His most recent book, The CEO’s Boss: Tough Love in the Boardroom (2010) Columbia University Press was ranked as one of the Top Five Books by The Wall Street Journal’s livemint.com in December, 2010. The 2nd edition which includes his Columbia CaseWorks governance case studies will be published in 2018.
Columbia CaseWorks published his case studies on Executive Leadership and Governance: BP (2012), P&G (2014). Wounded Warrior Project (2014 and 2016) , Demoulas Market Basket (2015) and Wells Fargo & Company (2017). BBVA published his Governance and Managing Change in the 21st Century (2014). Tough Love in the Boardroom was published in the Effective Executive, Icfai University Press (August, 2010). His article on What CEOs Have Yet To Learn was featured in Columbia Business School’s Alumni E-Newsletter and was published in the Effective Executive, Icfai University Press (January, 2009). The Klepper Leadership Model was first featured in Key Account Management and Planning (2001).
He serves as faculty director and teaches in Columbia’s ExecOnline Leading Strategic Growth course launched in the spring 2014 and Building and Leading Effective Teams launched in 2015. He is the faculty director and teaches in Executive Education’s Developing and Leading High-Performance Teams. He teaches the Executive Leadership course in Columbia’s EMBA program. Dr. Klepper received his Ph.D. from St. Louis University in 1975.
He has worked with a number of corporations in custom programs including Aegion, AT&T, BankBoston, Bausch & Lomb, Bell Canada, BOC Gases, Bristol-Meyers Squibb, Chase Manhattan Bank, Altria, Aviva, Deloitte, DuPont, Ericsson, Finmecannica, General Electric, GKN, Grand Metropolitan, Johnson & Johnson, Keysight, KONE, M&T Bank, Nabisco, Novartis, Pfizer, Roche, SAP, Sony, StorageTek, Sun Microsystems and White Eagle Industries (Poland).
Karen Peetz, retired President of BNY Mellon, oversaw the company’s global client management, regional management, and its treasury services business. She also led the company’s global innovation and Regulatory oversight efforts. Prior to her appointment as President in January 2013, she led BNY Mellon's Financial Markets & Treasury Services group, comprised of the alternative investment services, broker-dealer and advisor services, Pershing, corporate trust, depositary receipts, shareowner services, and treasury services businesses.
Before joining BNY Mellon in 1998 to run the domestic corporate trust business, Karen spent 16 years with JPMorgan Chase in a variety of sales, commercial lending and business management positions, including an assignment in London. She has consistently been named among American Banker's "25 Most Powerful Women in Banking" based on her responsibilities, management style, crisis management skills, influence within the industry and charitable endeavors.
Following her retirement, Karen joined the Board of Directors of Wells Fargo and also serves as a Senior Advisor to McKinsey. In addition, Karen serves on the Boards of Johns Hopkins University and the Global Lyme Alliance. Karen is a member of the Business Committee for the Metropolitan Museum of Art and is active in the Girl Scouts Leadership Initiative. She is a frequent guest lecturer at several Universities, including Columbia, Johns Hopkins, New York University and Stanford. Karen is the former Chair of the Board for United Way of New York City and Penn State University's Board of Trustees. She received a Bachelor of Science degree from the Pennsylvania State University and a Master of Science degree from Johns Hopkins University.
A leading expert in corporate governance and investor relations, Sarah is a frequent speaker on subjects related to governance, compliance, IR and management, and she has co-hosted issuer-shareholder roundtables that draw global audiences.
Prior to joining Joele Frank, Sarah served as Senior Vice President Public Affairs, Communications & Governance at Apache Corporation, an S&P 500 company. Prior to Apache, she served as CEO of Certified Financial Planner Board of Standards, Inc. Previously, Sarah founded and served as Executive Director of the Council of Institutional Investors for almost two decades. Her areas of expertise include:
• Corporate Governance and Compliance: She has considerable experience in corporate governance and compliance, both as a former executive of an S&P 500 public company and through her decades of work with independent corporate governance groups. She has founded a number of global governance organizations, including the Energy Governance Group, a network of senior executives from 35 major energy companies, and the Women in Governance Lunch, an annual invitation-only event for 50 Global 500 company directors and 50 proxy voters at the largest global institutional investors.
• Investor Relations and Corporate Communications: Over nearly 30 years, she has formed strong relationships with hundreds of the largest global investors, as well as leading environmental, social and governance organizations, giving her a unique perspective advising companies on how to effectively manage their shareholder-facing interactions.
Sarah has been published or profiled in a number of periodicals, including Harvard Business Review, Employee Benefits Quarterly, Worth, Directorship, Economie(French publication), Working Woman, The Washington Post, The American Lawyer, Corporate Control Alert, and Fortune. She is also the author of a widely read monthly investment and governance newsletter.
Sarah received a BA from Whitman College and was elected to Phi Beta Kappa. She received an MA in modern history from Oxford University and a JD, cum laude, from Georgetown University.