November 30th, 2017
Fordham Law School
150 W 62nd St
New York, NY 10023
Thank you for a great 2016 Symposium.
Speakers for the 2017 Symposium will be announced in the coming months. Speakers from last year’s event:
Christopher Ailman CIO, CalSTRS
Mr. Ailman has been the Chief Investment Officer of the $190+ billion CalSTRS, for 16 years. Mr. Ailman leads an investment staff of 155. He has over 31 years of institutional investment experience. Annually, he is listed as one of the top CIO’s in the U.S.A and globally, and he is Chair of the SASB Investor Advisory Group, helping promote integration of the standards in security analysis and portfolio construction.
He has served on several boards and advisory boards in the U.S. and U.K. He is the North American Chair of the “300” CIO Club and the Milken global Capital markets Committee. He has received numerous awards and recognitions over his career, from CIO of the Year in 2000 to being named the number #3 CIO in the world and Investment Innovator of the Year in 2013.
Alan Beller Partner, Cleary Gottlieb Steen & Hamilton
Mr. Beller’s practice focuses on a wide variety of complex corporate governance, securities and corporate matters. Mr. Beller advises regularly senior executives and board members of both U.S. and non-U.S. entities on these subjects, including in connection with SEC filings, corporate transactions and other corporate matters and public and private offerings of securities. He has represented companies, independent directors and audit committees in connection with financial reporting and other disclosure matters, governance issues, accounting restatements, compensation issues, director and auditor independence issues, and other matters.
Bruno Bertocci Senior Portfolio Manager, Managing Director, UBS
Bruno is the Team Head of the Sustainable Equities team and is the lead Portfolio Manager of the Global Sustainable Equity Portfolio, the Global Sustainable Long Term Themes Equity Portfolio and the Global Sustainable Impact Equity Portfolio. He leads the cross-divisional sustainability marketing strategy effort and is a member of the UBS Sustainability Council. He is based in Chicago. Bruno has worked on the Sustainable Investors team and its distinctive approach and strategies since its transition from negative screening to positive screening at the end of 2007, becoming lead Portfolio Manager of the Global Sustainable Portfolio at the end of 2007. Prior to joining UBS Asset Management in 1998, Bruno managed the global equity investment group at Stein Roe & Farnham. Previously, his positions included regional portfolio manager and global equity portfolio manager at Rockefeller & Co. Before assuming these roles, Bruno was based in London, then Hong Kong, as manager of that firm’s foreign offices. Bruno began his career at T.Rowe Price Associates as a US equity analyst. Bruno represents UBS on committees such as the Global Initiative for Sustainability Ratings, US SIF (Social Investment Forum), and the Metrics Committee for SASB (Sustainability Accounting Standards Board).
Ted Eliopoulos CIO, CalPERS
Ted Eliopoulos assumed the role of Chief Investment Officer (CIO) of the California Public Employees’ Retirement System (CalPERS) in September 2014.
As CIO, Mr. Eliopoulos is responsible for managing an investment portfolio of approximately $300 billion and an office with nearly 400 professional staff. The CIO determines prudent, forward-thinking investment strategies in accordance with CalPERS fiduciary responsibilities, policies, and corporate governance standards, and advises the CalPERS Board of Administration accordingly. He reports to the Chief Executive Officer.
Mr. Eliopoulos joined CalPERS in January 2007 and served as Senior Investment Officer (SIO) for the Real Estate Division from 2007 to 2011. During this period he monitored CalPERS’ $21 billion real estate portfolio to ensure consistency and high quality across asset classes, portfolios, and investment strategies.
Jeanette Franzel Board Member, PCAOB
Jeanette M. Franzel was appointed as a member of the Public Company Accounting Oversight Board in February 2012.
Prior to joining the PCAOB, Ms. Franzel served nearly 23 years at the Government Accountability Office (GAO), ending her tenure as a Managing Director overseeing all aspects of GAO’s financial audits of the U.S. federal government. During a decade in GAO’s Senior Executive Service, she directed audits of large complex agencies as well as smaller, highly sensitive programs. From 2008 through 2011, Ms. Franzel’s team oversaw the U.S. government’s efforts to help stabilize the financial markets and promote economic recovery.
From 2003 to 2012, Ms. Franzel oversaw the periodic updating and issuing of GAO’s Government Auditing Standards (“The Yellow Book”) which is used throughout the world. She also provided extensive policy and technical support to the International Organization of Supreme Audit Institutions which develops auditing standards for national audit offices around the world.
In 2015 and 2013, Ms. Franzel was named as one of the “Top 100 Most Influential People” by Accounting Today. Ms. Franzel was also the recipient of GAO’s Distinguished Service Award, the AICPA’s Outstanding CPA in Government Award, and the Association of Government Accountants’ International Achievement Award.
Dan Hanson, CFA Partner and Head of U.S. Equities, Jarislowsky Fraser Global Investment Management
Dan Hanson, CFA, is a Partner with Jarislowsky Fraser Global Investment Management, a privately held $30B AUM firm. As portfolio manager he heads U.S. equities, co-manages global portfolios, and leads the firm’s ESG initiatives. Mr. Hanson has more than 20 years of experience in US and global equities, and credit and mortgage securities.
Previously, Mr. Hanson spent 10 years at BlackRock, as Managing Director, Portfolio Manager, and head of fundamental research for $23B AUM. Mr. Hanson was the architect and sole manager of the top decile BlackRock Socially Responsible Equity portfolio. Mr. Hanson served as a voting member of the North American Proxy Committee, responsible for stewardship on $900B AUM.
Mr. Hanson is the professor for the UC Berkeley Haas Socially Responsible Investment Fund (HSRIF) and serves as a judge for the Moskowitz Research Prize. He is involved in a number of initiatives in the area of governance, corporate reporting and sustainable investing, and is a member of the board of directors of the Sustainable Accounting Standards Board (SASB) and the Global Initiative for Sustainability Ratings (GISR).
Tim Koller Partner, McKinsey
Tim Koller is a partner in McKinsey’s New York Office where he is a leader of the McKinsey’s Corporate Finance practice. In his 29 years of consulting, Tim has served clients globally on value creation, corporate strategy, capital markets issues, and M&A transactions.
Tim is the lead author of Valuation: Measuring and Managing the Value of Companies. Valuation, now in its 6th edition, has sold more than 600,000 copies. It is used as a textbook at top business schools, such as Wharton, the University of Chicago, MIT, INSEAD, Tuck and Northwestern. Tim is also the lead author of Value: The Four Cornerstones of Corporate Finance. Value aims to help senior executives, board members and non-financial executives understand the linkages between strategic decisions and value creation and to have the courage to focus on true value creation rather than the latest fads and misconceptions. Tim has authored more than 50 articles on a range of corporate finance topics, including articles in the Harvard Business Review and Strategic Management Journal.
Baruch Lev Professor, NYU Stern
Baruch Lev is the Philip Bardes Professor of Accounting and Finance at New York University Stern School of Business. In his current positions, Professor Lev teaches courses in accounting, financial analysis and investor relations.
Professor Lev has been with NYU for 17 years. His primary research areas of interest include corporate governance; earnings management; financial accounting; financial statement analysis; intangible assets/intellectual capital; capital markets; and mergers and acquisitions. Professor Lev is the author of five books including Intangibles: Management, Measurement, and Reporting, and Financial Statement Analysis: A New Approach. His recent book is: Winning Investors Over (2012). Lev has published over 100 research studies in the leading accounting, finance and economic journals. Professor Lev has received numerous awards and honorary doctorates.
Ken Mehlman Member & Global Head of Public Affairs, KKR
Ken Mehlman is a Member at Kohlberg Kravis Roberts, helping assess and improve the companies in which KKR invests by engaging stakeholders & leveraging geopolitical & public policy trends. He oversees the firm’s global external affairs, including corporate marketing, regulatory affairs & public policy, and communications. Ken leads KKR’s responsible investment efforts that seek to create shared value for KKR investors and other stakeholders.
Mr. Mehlman spent a dozen years in national politics and government service, including as 62nd Chairman of the Republican National Committee and Campaign Manager of President Bush’s 2004 re-election campaign. Mr. Mehlman, who currently lives in New York City, graduated with a B.A. from Franklin & Marshall College and holds a J.D. from Harvard Law School. Mr. Mehlman is Chairman of the American Investment Council, the association representing the private equity industry, a trustee of Mt. Sinai Hospital of New York, Franklin & Marshall College, Teach for America, Sponsors of Educational Opportunity (SEO), the Sustainability Accounting Standards Board, Resource Environmental Solutions, and the Ideal School of Manhattan. He is also co-chairman of the American Enterprise Institute’s National Council and a member of the Council on Foreign Relations.
Tom Quaadman SVP, US Chamber Center for Capital Markets Competitiveness
Tom Quaadman is senior vice president of the U.S. Chamber Center for Capital Markets Competitiveness. The Center was established in March 2007 to advocate legal and regulatory policies for the U.S. capital markets to advance the protection of investors, promote capital formation, and ensure U.S. leadership in the financial markets in the 21st century.
Quaadman develops and executes strategic policies to implement a global corporate financial reporting system, address ongoing attempts of minority shareholder abuse of the proxy system, communicate the benefits of efficient American capital markets, and promote an innovation economy and the long-term interests of all investors.
Mary Schapiro Former Chair, SEC
Ms. Schapiro’s service as the 29th Chairman of the United States Securities and Exchange Commission (SEC) culminated decades of regulatory leadership. She was the first woman to serve as SEC Chairman, and the only person to have served as Chairman of both the SEC and the Commodity Futures Trading Commission (CFTC). During her four years as Chairman, Ms. Schapiro presided over one of the busiest rule-making agendas in the SEC’s history, during which the agency also executed a comprehensive restructuring program to improve protections for investors and aggressive enforcement of the federal securities laws.
Before becoming SEC Chairman, Ms. Schapiro served as CEO of the Financial Industry Regulatory Authority, Inc. (FINRA), the largest nongovernmental regulator of securities firms. Earlier, she was Chairman of the CFTC (1994-1996); a Commissioner of the SEC (1988-1994); and General Counsel of the Futures Industry Association. Currently, she serves as Vice Chairman of the Advisory Board of Promontory Financial Group.
Ms. Schapiro is a member of the Boards of Directors of General Electric Company, the London Stock Exchange Group and Mitre Corp.
Steven Walker General Counsel & Managing Director, Board Services Group
Steven R. Walker serves as NACD’s General Counsel and Managing Director of the Board Advisory Services. In his Board Advisory Services role, Mr. Walker provides counsel to boards and C-suite executives on a wide range of strategic governance matters. He is a frequent public speaker on the topic of board governance, performance, composition and strategic impact. He has been designated a Board Leadership and Governance Fellow by NACD.
Prior to joining NACD, Mr. Walker has served as general counsel and/or senior executive to public and private entities ranging from private equity backed start-ups to Fortune 100 corporations in a variety of sectors, including managed healthcare, healthcare delivery, pharmaceuticals, life and health insurance, banking, securities, financial services, technology, funeral/cemetery, and emerging technology.
Mr. Walker has also served in the government sector as an Attorney-Advisor with the U.S. Securities and Exchange Commission, Division of Corporation Finance during the implementation of Sarbanes-Oxley. He was also Senior Enforcement Counsel with the State of Florida Division of Banking, Finance, Securities and Investor Protection.
Jonathan Bailey Director of Research, FCLT Global
Jonathan Bailey is Director of Research at FCLT Global, a not-for-profit organization dedicated to developing practical tools and approaches that encourage long-term behaviors in business and investment decision-making.
Jonathan was previously an Associate Partner in McKinsey & Company’s New York Office where he helped establish the Focusing Capital on the Long Term (FCLT) initiative in close collaboration with McKinsey’s Global Managing Partner Dominic Barton. He also led McKinsey’s research on long-termism and sustainable investment.
He originally joined McKinsey in their London office in 2006 and worked in North America, Europe and Asia. His client work focused on financial institutions including pension plans, asset managers, and development finance institutions with a focus on investment strategy and sustainability issues. He also served retail and commercial banks on strategy and capital management topics.
His broader experience includes working for Vice President Al Gore and David Blood’s sustainable investment fund Generation Investment Management, the World Bank and the Tony Blair Africa Governance Initiative. He holds an MBA (with High Distinction) from Harvard Business School, a Masters in Public Policy from the Harvard Kennedy School of Government, and an MA (Oxon) in history from the University of Oxford. He is a Board member of Instiglio, the not-for-profit social impact bond consultancy.
Jennifer Bender Managing Director, Director of Research, SSGA
Jennifer Bender, Ph.D., is a Managing Director at State Street Global Advisors and Director of Research for the Global Equity Beta Solutions team. The team is responsible for research across passive equity portfolio management and smart beta for equities. Ms. Bender leads the thought-leadership efforts in these areas through white papers and strategy research development. Prior to joining State Street Global Advisors in 2014, Ms. Bender was a Vice President in the Index and Analytics Research teams at MSCI. In that role, she was responsible for research on equity index-related topics including asset allocation and index fund management. Prior to joining the Index Research team, Ms. Bender worked in the Barra Research group, focusing on portfolio construction and risk modeling. She was previously at State Street Associates and began her career as an economist at DRI in 1996. Ms. Bender holds MS and Ph.D. degrees in Economics from Brandeis University. Her work has been published extensively in industry-leading journals and books such as the Institutional Investor Journals and Wiley Finance Series. She is on the Editorial Board of the Journal of Portfolio Management and a member of the Chicago Quantitative Alliance.
Michelle Edkins Managing Director, BlackRock
Michelle Edkins is a Managing Director at BlackRock and Global Head of its Investment Stewardship team of 22 specialists based in five key regions internationally. Michelle’s main responsibility is overseeing the team’s engagement on corporate governance, including environmental and social factors, with the companies in which BlackRock invests on behalf of clients. She also serves on the firm’s Global Operating, Human Capital and Government Relations Steering Committees. An active participant in the public corporate governance debate, she was named in the NACD Directorship 100 Governance Professionals list the past four years. She is also a Fellow of the Aspen Institute’s First Movers program and, amongst other external commitments, serves on Steering Committee of the US 30% Club and the Advisory Council of the International Integrated Reporting Council. An economist by training, Michelle has also worked in the UK in a number of governance-related roles and in government roles in her native New Zealand.
Cindy Fornelli Executive Director, The Center for Audit Quality
Cindy Fornelli is the Executive Director of The Center for Audit Quality (CAQ). The CAQ is dedicated to enhancing investor confidence and public trust in the global capital markets by fostering high quality performance by public company auditors. The CAQ also 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.
In 2016, Fornelli was named for the eighth time to the NACD Directorship list of the 100 most influential people in corporate governance. Additionally, she has appeared for nine consecutive years on Accounting Today’s roster of the Top 100 Most Influential People and, in 2015, was included on CPA Practice Advisor’s list of the Most Powerful Women in Accounting. In January 2014, the American Accounting Association’s Auditing Section honored Fornelli and the CAQ with a Special Award of Merit.
Janine Guillot Director of Capital Markets Policy and Outreach, SASB
Janine Guillot is the Director of Capital Markets Policy and Outreach at SASB, where she works with investors to support demand for standardized disclosure of material sustainability factors. Ms. Guillot has more than 25 years of experience in operating, strategy, risk management and finance roles in financial services, most recently as Chief Operating Officer of Incapture LP, an early stage enterprise technology and asset management business. Prior to joining Incapture, Janine served as Chief Operating Investment Officer for the California Public Employee’s Retirement System (CalPERS). She was responsible for CalPERS investment office business and operational management, CalPERS Affiliate funds, and CalPERS defined contribution plans. Ms. Guillot also oversaw the CalPERS corporate governance program, including integration of sustainability and governance factors into investment decision-making. Janine has also held senior leadership positions at Barclays Global Investors and Bank of America, including serving as Chief Operating Officer for BGI’s European and Global Fixed Income businesses.
Keith Higgins Director of Corporate Finance, SEC
Keith F. Higgins is the Director of the Division of Corporation Finance at the U.S. Securities and Exchange Commission. Prior to joining the Division in June 2013, Mr. Higgins practiced law for 30 years at Ropes & Gray LLP in Boston, Massachusetts, where he advised public companies on securities offerings, mergers and acquisitions, compliance and corporate governance and regularly represented underwriters in IPOs and other public equity offerings.
Bobby Lamy, Ph.D., CFA Head of Practice Analysis, CFA Institute
Bobby Lamy, Ph.D., CFA, is Head of Practice Analysis & Curriculum Design at CFA Institute. He oversees the design and development of the curricula for the CFA Program, the CIPM Program and the Claritas Investment certificate at CFA Institute. Prior to joining CFA Institute he was on faculty at Wake Forest University, Tulane University, and Virginia Tech. While in academia his primary research and teaching areas were fixed income and derivative markets. Bobby received his Ph.D. in Finance from Louisiana State University and is a Chartered Financial Analyst.
Tom Lyons Sr. Analyst Montgomery Fixed Income, Wells Capital Management
A Senior Analyst with Wells Capital’s Montgomery Fixed Income team, Tom has 25 years of experience in energy capital and commodity markets. He currently manages investments and fundamental analysis in energy, utilities and other sectors. He also leads new business initiatives focused on ESG. Tom previously ran energy and utility credit research for UBS in London, advised Bay Area renewables firms on raising capital, and headed strategy and acquisition projects for Louis Dreyfus.
Kristi L. Mitchem President, Chief Executive Officer, and Head of Wells Fargo Asset Management Wells Fargo & Company
With more than US$480 billion in assets under management, Wells Fargo Asset Management offers 29 autonomous investment teams with specialized expertise and proven processes; more than 500 investment professionals; and a global reach with offices and clients around the world.
Ms. Mitchem also serves on the Operating Committee of the Wealth and Investment Management Group and is a member of Wells Fargo Management Committee.
Ms. Mitchem has more than 17 years of experience in the asset management, defined contribution and equities markets. She was named one of Treasury & Risk’s “Top 100 Influential People” in 2008, has been featured in BusinessWeek and has appeared on PBS’ WealthTrack, CNBC, Fox Business and CNN. Ms. Mitchem has testified in Washington, D.C. in support of improving retirement security, and is named in several patents pending for retirement income solutions.
Jean Rogers CEO, SASB
Dr. Jean Rogers is the CEO and Founder of SASB. Since 2010 SASB developed from an idea formulated in collaboration with the Harvard University Initiative for Responsible Investment at the Kennedy School of Government into a globally-respected, ANSI-accredited, independent standards-setting organization.
Jean draws upon her 20 years’ experience in sustainability and management consulting across a wide range of industries including utilities, extractives, financials, and real estate. She has worked with international clients to integrate sustainability into strategy and operations, minimizing risk and maximizing returns across the triple bottom line. Jean’s leadership experience includes 10 years as a Principal at Arup, a global engineering consultancy focused on sustainable development. Jean was also a management consultant at Deloitte.
Jean is a former Loeb Fellow at Harvard University and holds a PhD in Environmental Engineering from the Illinois Institute of Technology. In 2015 she was named one of the Top 100 Most Influential People in Accounting by Accounting Today and one of the Most Powerful Women in Accounting by CPA Practice Advisor.
Jeff Thomson CEO, IMA
Jeffrey C. Thomson, CMA®, CAE, is president and CEO of IMA® (Institute of Management Accountants). Since assuming this position in 2008, Mr. Thomson led the development of a strategy resulting in IMA becoming one of the fastest growing accounting associations in the world, with nearly 30% growth in its CMA (Certified Management Accountant) program and more than 300 student and professional chapters.
Mr. Thomson was honored by Accounting Today by being included in the publication’s annual “Top 100 Most Influential People List” for the last four years. He was also named by Trust Across America as one of the “Top 100 Thought Leaders in Trustworthy Business Behavior” for five straight years, and was honored with the organization’s Lifetime Achievement Award. The Accountant/International Accounting Bulletin recognized Mr. Thomson in its Global Accountancy Power 50 list of leading influencers.
Elisse Walter Former Chair, SEC
Elisse B. Walter was appointed Commissioner of the SEC by President George W. Bush in 2008. She was later designated the 30th Chairman of the SEC by President Barack Obama, and she served as the agency’s leader from December 2012 to April 2013. Prior to her appointment as an SEC Commissioner, Ms. Walter served as Senior Executive Vice President, Regulatory Policy & Programs, for FINRA. Ms. Walter is a member of the Academy of Women Achievers of the YWCA of the City of New York and the inaugural class of the ABA’s DirectWomen Institute. She also has received, among other honors, the Presidential Rank Award (Distinguished), the ASECA William O. Douglas Award, the SEC Chairman’s Award for Excellence, the SEC’s Distinguished Service Award, and the Federal Bar Association’s Philip Loomis and Manuel F. Cohen Younger Lawyer Awards.
John White Partner, Cravath, Swaine & Moore
John W. White is a partner in Cravath, Swaine & Moore LLP’s Corporate Department and serves as Chair of its Corporate Governance and Board Advisory practice. From 2006 through 2008, he served as Director of the Division of Corporation Finance at the U.S. Securities and Exchange Commission. John’s practice focuses on advising public companies, and their boards, on reporting and disclosure obligations and corporate governance matters. John is a member of the PCAOB’s Standing Advisory Group (SAG), and he has also served on FASB’s Financial Accounting Standards Advisory Council (FASAC).