12:30 - 2:30PM program and connect with colleagues
More than twelve years ago the New York Stock Exchange ruled that Boards of Directors should assess themselves annually to help improve their performance and to record the results in the proxy statement. This was a well-intentioned ruling and one which, to the best of our knowledge, has not harmed any company or Board of Directors. To the contrary, the results of this practice have proven how successful it is when properly conducted; but what if it is not? What is actually happening? Why are some Boards successful and others not? What criteria can be used to measure a Board's progress?
NACD New York has assembled some of the best practitioners in the Board Space. They will share their experiences and their observations of what works, what needs to change and what they believe the best practices going forward should be. We will hear their recommendations of how this annual tool should be practiced and learn the resulting benefits of a Board Assessment from the standpoint of:
- Helping Directors do their job - Improving dialogue between Board and Management - Getting the Business Model right and doing real Succession Planning - Board Director Succession, including diversity - Peer-to-Peer Evaluation; How Directors can add more value to the Board - Selecting the Board Leader - Replacing a Director who no longer contributes - Selecting the ideal Committee Members - Involving Management in the Board Assessment Process
Angela Brock-Kyle is Founder and CEO of B.O.A.R.D.S., a privately held governance, strategy and risk advisory firm launched in 2013. In addition, Angela chairs the Audit Committee of Infinity Property and Casualty Corporation (NASDAQ) and serves on its Nominating and Governance committee. She is an Independent Trustee of the Guggenheim/Rydex Funds serving on the audit, compliance and risk, and governance committees and the YMCA Retirement Fund Board serving on the investment and compensation committees. Prior to pursuing board and governance work, Angela spent her 25 year career in investments, risk management and as a senior leader at TIAA.
Angela was recognized in 2016 by Directors & Boards Magazine as a Director to Watch, by the NACD as one of 100 influential directors in 2015 and is an NACD Board Leadership Fellow.
Co-leader Board and CEO Advisory Group, Russell Reynolds
Justus O’Brien is co-leader of the Russell Reynolds Associates' Board and CEO Advisory Group and serves as a Managing Director in the New York office. He advises corporate boards and CEOs in corporate governance, CEO succession planning, board succession planning and refreshment, board and committee evaluations, activism, digital transformation, diversity, and governance benchmarking. Justus is a trusted advisor to FTSE and Fortune 100 companies across all major industry sectors.
Justus has decades of executive search experience advising global companies in the consumer, healthcare, industrial and energy, financial services and technology sectors. Prior to joining the firm, he held various senior leadership roles over the course of his search career. Justus has extensive overseas experience having lived and worked in Brazil, Spain, Venezuela and the U.K. and brings an in-depth global perspective on business solutions.
He is highly involved with professional affiliations and serves on many boards. Justus is on the Board of Advisors for Oxford Rothermere American Institute as well as the Aspen Institute Business & Society Program. He is also a Director of Arundel Capital and a member of the Council for Foreign Relations.
Justus earned his B.A. in English Literature from Cornell University and received his M.A. in Philosophy and Politics from Oxford University. He is fluent in Spanish and Portuguese.
Global Head of the Board Consulting and Effectiveness Practice
Global Head of the Board Consulting and Effectiveness Practice, Russell Reynolds
Jack “Rusty” O’Kelley, III
Rusty O’Kelley is a Managing Director in the firm’s New York office and is the Global Head of the Board Consulting and Effectiveness Practice. He advises corporate boards and CEOs in the areas of corporate governance (U.S. and global), board succession planning and refreshment, board assessments and CEO succession planning. Rusty advises Fortune 500 companies in all major industries. He assists numerous companies with multi-year CEO succession planning by designing a process and providing the board ongoing counsel. In 2016, Rusty was honored as one most influential people in the boardroom as a member of the NACD Directorship 100.
Prior to joining the firm, Rusty served as Managing Partner of the Americas Leadership Consulting Practice for another global consulting firm. Before that, he was a Principal with Katzenbach Partners where he developed and led the firm's CEO succession planning and transition practice. Rusty began his career as a corporate lawyer at Sullivan & Cromwell where he specialized in bank mergers and acquisitions, securities regulation and corporate governance.
Rusty earned his B.S. in accounting from Hampton University and graduated as valedictorian with honors, summa cum laude. He received his J.D. from Yale Law School.
Rusty formerly served as Director for Seventy-Fifth Avenue Investments and Trak Chicago 1 Investments. He was also a former trustee at Bennett College and Hampton University.
Roger Kenny is a Co-founder and Managing Partner of Kenny Boardroom Consulting. A well-respected governance specialist, Roger provides clients with director recruitment, board assessment, and succession planning consultation.
Roger has assisted the world's leading organizations in strategically structuring boards and in identifying individuals with unique skill sets to fill specific roles. His clients include companies at every stage of growth in most industries. Among these are manufacturing, consumer goods, chemicals, pharmaceutical, healthcare, technology and communications.
In 1988, Roger acquired Boardroom Consultants and led the growth of the firm into board recruitment as its President and Managing Partner until the firm's merger with a Chicago based search firm in 2007. Roger entered the search industry with SpencerStuart. As Senior Vice President and Partner, he executed CEO and senior general management assignments. Early career experience includes holding senior roles in planning, consulting, and operations at the Port Authority of New York and New Jersey.
Heralded as an expert on governance, Roger is a frequent contributor to major business publications. His thought leadership articles have appeared in The Harvard Business Review, the California Management Review, The Business Quarterly, American Banker, The Corporate Board, Directors & Boards, Directors Monthly and The Financial Review. Roger and Ram Charan are the authors of E-Board Strategies: How to Survive and Win. Roger is recognized by peers, the executive community and the business press for professional excellence. In 2008, BusinessWeek cited him as one of the 50 Most Influential Headhunters in the industry. The Association of Executive Search Consultants awarded him
the Gardner W. Heidrick Award for outstanding contributions to the search industry.
Roger holds leadership roles in several organizations, serving as a member of the Board of Advisors of the New York Chapter of the National Association of Corporate Directors (NACD) and as a Senior Advisor at Alexander Proudfoot Consulting.