From accounting scandals to the global financial crisis, events of the past decade have damaged the reputation of business, contributing to a public distrust of business in general. In February 2013, The Conference Board Governance Center formed a task force on corporate/ investor engagement to bring together directors of public companies and investors to find solutions to help create a stronger corporate governance system through effective engagement. The task force examined the facts, the issues, and the policy implications of the current state of US corporate governance, with the objective of addressing the following questions:

  • What is the optimal balance in the relative roles of management, directors, and investors in the governance of public corporations?
  • What are the gaps between the optimally balanced system and the current system?
  • How should boards and investors engage with one another to lead to an optimally balanced system?

Task Force Members

Simon M. Lorne (Co-Chair)
Vice Chairman and Chief Legal Officer, Millennium Partners, LP;
Director of Teledyne Technologies, Inc.;
former General Counsel, United States Securities & Exchange Commission
Read Bio

Patricia F. Russo (Co-Chair)
former Chief Executive Officer, Alcatel-Lucent;
Director, Alcoa Inc, General Motors, Hewlett-Packard Company, KKR & Co LP, Merck & Co., Inc.
Read Bio

Christian L. Campbell
Senior Vice President, General Counsel, Secretary and Chief Franchise Policy Officer,
Yum! Brands, Inc.
Read Bio

Charles M. Elson
Edgar S. Woolard, Jr. Chair in Corporate Governance; Professor of Finance; and Director of the John L. Weinberg Center for Corporate Governance, Lerner College of Business & Economics, University of Delaware;
Director, HealthSouth Corporation
Read Bio

Peggy Foran
Director, Occidental Petroleum Corporation; Chief Governance Officer, Vice President and Corporate Secretary, Prudential Financial, Inc.
Read Bio

Fred Hassan
Managing Director & Partner, Warburg Pincus, LLC;
former Chairman and Chief Executive Officer Schering-Plough Corporation;
Director, Time Warner Inc., Valeant Pharmaceuticals International, Inc.
Read Bio

R. William Ide, III
Director, AFC Enterprises; Chairman, The Conference Board Governance Center Advisory Board; Partner, McKenna Long & Aldridge LLP; former President, American Bar Association; former General Counsel, Monsanto Company
Read Bio

Lord Powell of Bayswater
Crossbench Member, House of Lords, Parliament of the United Kingdom;
Director, Caterpillar Inc., Hongkong Land Holdings Ltd., Magna Holding International, Mandarin Oriental International Ltd., Matheson and Co., Northern Trust Global Services, Schindler Holding AG, Textron Inc.
Read Bio

Steven S. Reinemund
The Sisel Distinguished Dean of Business; Professor of Leadership and Strategy
Wake Forest University School of Business;
former Chairman and Chief Executive Officer, PepsiCo, Inc.;
Director, American Express Company, Exxon Mobil Corporation, Wal-Mart Stores, Inc., Marriott International, Inc.
Read Bio

Paula Rosput Reynolds
President and Chief Executive Officer, PreferWest, LLC;
former President and Chief Executive Officer, Safeco Corporation;
Director, Anadarko Petroleum Corporation, BAE Systems plc., Delta Air Lines, Inc.
Read Bio

Brian C. Rogers
Chairman, T. Rowe Price Group, Inc.
Read Bio

Ralph V. Whitworth
Founder, Principal, and Investment Committee member, Relational Investors LLC;
Director, Hewlett-Packard Company
Read Bio

Governance Center Blog

Providing timely analysis of corporate governance issues and resources for boards.

Visit our Blog

Subscribe to Director Notes

Stay on top of current issues and best practices in corporate governance, risk oversight, and sustainability.


Chart of the Week

View the latest Chart of the Week, based on The Conference Board Benchmarking series.

Chart of the Week