Rise of the Chief Risk & Reputation Officer: Myth or Reality?
16 July, 2013 | (01 hr)
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For the past twenty years, global companies have experienced the growth of many chiefs-- chief ethics and compliance officers, chief audit officers, chief information security officers, chief regulatory officers, chief corporate responsibility officers, chief sustainability officers, etc.
In an era of increasingly complex global risks and threats to reputation and the bottom line, there are many such "chiefs" but few truly empowered C-suite level executives dealing with this vast array of governance-related issues. Companies have also suffered from functional fatigue in that too many functions are often duplicating efforts, working within silos and wasting resources. A truly empowered and supported chief risk and reputation officer may be the answer: someone who is a leader, reports to the CEO and board, oversees a portfolio of governance-related functions, and helps to tie them all to the company strategy.
Webcast speakers Andrea Bonime-Blanc, CEO of GEC Risk Advisory LLC and Chair Emeritus of the Ethics & Compliance Officer Association, and John (Jack) Lenzi, VP Corporate Responsibility & Chief Ethics Officer of ITT, will explore the feasibility and reality of this development.
In viewing, participants will:
- Learn more about the idea of a chief risk & reputation officer
- Hear about how several companies are already developing such a role
- Understand the pros and cons of such an umbrella role and structure
- Glean the business case for such a development
Audience: chief ethics and compliance officers, chief audit officers, chief legal officers, chief risk officers, chief sustainability officers, chief corporate responsibility officers, chief operating and administrative officers, chief human resources officers, others similarly situated
Andrea Bonime-Blanc, JD, PhD
Dr. Bonime-Blanc is CEO and founder of GEC Risk Advisory LLC, a global governance, risk, ethics, compliance and corporate responsibility management consulting and board advisory firm (www.GECRisk.com). Client assignments include strategic governan... Full Bio
John (Jack) Lenzi
John C. (Jack) Lenzi serves as Vice President, Corporate Responsibility for ITT Corporation and is based in the headquarters offices in White Plains, New York. Accountable to the CEO and Board of Directors, Mr. Lenzi has extensive experience leadi... Full Bio