Full Program

 

Wednesday, June 10, 2009

7:00:-9:00P Rising Stars Award Reception-The Study at Yale Hotel (The Gallery)

Thursday, June 11, 2009

7:30-8:30A
Branford College
Dining Hall (2nd Floor)
Networking Breakfast-Branford College Dining Hall, 74 High Street (York Street Entrance Gate)
8:30-8:45A Proceed from Branford College to Linsley Chittenden (LC), 63 High Street
8:45-9:00A
Linsley Chittenden Room 101

Welcome: Millstein Center
Opening Remarks-Sharon Oster, Dean, Yale School of Management

9:00-10:30A

Linsley Chittenden Room 101

Plenary 1:   What is the proper balance between regulation and private sector initiatives to restore trust in the market system?

Moderator: Ira Millstein, Senior Associate Dean for Corporate Governance, Yale SOM; Senior Partner, Weil, Gotshal & Manges LLP.

Discussants: 

William Donaldson, Chairman, Donaldson Enterprises; Fmr. Chairman, SEC; Founding Dean, Yale SOM
William Goetzmann, Edwin J. Beinecke Professor of Finance and  Management Studies and Director, International Center for Finance, Yale SOM
Mats Isaksson, Head, Corporate Affairs Division, Organisation for Economic Co-Operation and Development

10:30A-12:00P

Linsley Chittenden Room 101

Plenary 2:  Has the public corporation model been under challenge from the current crisis? Are there lessons from private equity?

Moderator:  Andrew Metrick, Theodore Nierenberg Professor of Corporate Governance, Yale School of Management

Discussants:

Rich Ferlauto, Director, Corporate Governance and Pension Investment,
      AFSCME
Suzanne Hopgood, Director, Board Advisory Services, NACD
Ronald W. Masulis, Frank K. Houston Professor of Finance, Owen Graduate School of Management, Vanderbilt University
Thomas Werlen, Group General Counsel, Novartis International AG

12:00-1:15P
Branford College
Dining Hall
Lunch-Branford College Dining Hall, 74 High Street (High Street Entrance Gate)
1:15-1:30P Proceed from Branford College to Linsley Chittenden, 63 High Street
1:30-3:00P Focus Panels (A) - Linsley Chittenden, 63 High Street
Focus Panel 1
Linsley Chittenden
Room 101

Should independent chairmen be the default board leadership model?

Moderator:  Stephen Davis, Senior Fellow and Lecturer, Millstein Center for Corporate Governance and Performance, Yale SOM

Discussants:

Ed Kangas, Former Global Chairman and CEO, Deloitte & Touche LLP
Stuart Levine, CEO, Stuart Levine & Associates
William McCracken, Chairman of the Board of Directors, CA, Inc.
Jennifer Salopek, Chairman, Board of Directors, Charlotte Russe Holdings, Inc.

Focus Panel 2
Linsley Chittenden
Room 102

What effect did the financial crisis have on this year’s proxy season, if any?  What is the long-term impact of the crisis on shareholder governance responsibilities?

Moderator: Meredith Miller, Assistant Treasurer for Policy, State of CT

Discussants:

Kenneth Bertsch, Executive Director, Corporate Governance, Morgan Stanley Invest.
Abe Friedman, Managing Director, Gloabal Head of Corporate Governacne & Proxy Voting, Barclays
Mark Preisinger, Director or Corporate Governance, The Coca-Cola Company
Ann Yerger, Executive Director, Council of Institutional Investors

Focus Panel 3
Linsley Chittenden
Room 211

Developments in financial reporting and disclosure: Impact on public company governance

Moderator: Nicole Sandford, Partner, Corporate Governance Services,    
      Deloitte & Touche LLP

Discussants:

Diane Larsen, Audit Partner, Providence Office Managing Partner, Ernst & Young
Catherine Bromilow, Partner, PricewaterhouseCoopers
Thomas Quaadman, Executive Director for Financial Reporting Policy and Investor Opportunity, Center for Capital Markets Competitiveness, U.S. Chamber of Commerce
Shyam Sunder, James L. Frank Professor of Accounting, Economics and Finance, Yale SOM

Focus Panel 4
Linsley Chittenden
Room 317

How has the crisis affected the forward strategies of value funds, hedge funds and private equity?  How have they altered their strategies?

Moderator: Teresa Barger, CEO Cartica Capital LLC

Discussants:

Curtis Jensen, Co-Chief Investment Officer, Third Avenue Management
Hilton McCann, Senior Vice President, Abraaj Capital
David Nierenberg, President, Nierenberg Investment Management Company
Andrew Shapiro, President, Lawndale Capital Management

3:00-3:30P Coffee Break
3:30–5:00P Focus Panels (B), Linsley Chittenden, 63 High Street
Focus Panel 5
Linsley Chittenden
Room 101

The role of institutional investors in restoring trust.

Moderator: Anne Simpson, Senior Portfolio Manager for Corporate Governance,CalPERS

Discussants:  

Peter Butler, CEO, Governance for Owners LLP
Catherine Jackson, Manager, Corporate Governance & Proxy Voting
      Ontario Teacher’s Pension Fund
Keith Johnson, Head of Institutional Investor Legal Services, Reinhart Boerner Van Deuren
Anne Sheehan,Director of Corporate Governance, California State Teachers’ Retirement System (CalSTRS)

Focus Panel 6
Linsley Chittenden
Room 102

Can boards actually oversee risk management? 

Moderator: Edward Waitzer, Partner, Stikeman Elliot LLP

Discussants:

Peter Gleason, Managing Director & CFO, National Association of
      Corporate Directors
Reatha Clark King, Former President & Board Chair, General Mills Foundation
George Vojta, Chairman, Millstein Center Advisory Board; Founder,  eStandards Forum
Steve Wagner, Managing Partner,  Deloitte LLP’s US Center for Corporate Governance

Focus Panel 7
Linsley Chittenden
Room 317

Are the “New Principles of Corporate Governance” an alternative to governance ratings? Will boards simplify and develop their own efficient governance processes?

Moderator: Holly Gregory, Partner, Weil, Gotshal & Manges

Discussants:

Sean Egan, Managing Director, Egan-Jones Ratings Company
Margaret Foran, Executive Vice President, General Counsel,
and Corporate Secretary, Sara Lee Corporation

Hye-Won Choi, Senior Vice President & Head of Corporate Governance,TIAA-CREF
Mark Terrell, Board Member & Former Chairman, Comverse Technology Inc.

Focus Panel 8
Linsley Chittenden
Room 211

Do we need to modernize proxy voting?

Moderator: Richard Koppes, Of Counsel Jones Day

Discussants:


MaryEllen Andersen, V.P., Institutional & Corporate Relations, Broadridge
Financial Solutions, Inc
.
Steve Harvey, Head of Corporate Governance, RiskMetrics Group
KT Rabin, Chief Executive Officer, Glass Lewis
Arthur Rosenzweig,  President, Mediant Communications LLC

6:15-6:30P Shuttle service from The Study at Yale Hotel to the New Haven Lawn Club

6:30-9:30P

8:00P-8:15P

Cocktail Reception & Dinner -The New Haven Lawn Club, 193 Whitney Avenue

Key Note Speaker: John Rogers, Chief Executive Officer, CFA Institute

8:30P-8:45P Research Foundation of CFA Institute presents Robert Shiller, Arthur M. Okun Professor of Economics, Department of Economics and Cowles Foundation for Research in Economics, Yale University, and Professor of Finance and Fellow at the International Center for Finance, Yale School of Management with the James R. Vertin Award .
8:15-9:30P Shuttle service from New Haven Lawn Club to The Study at Yale Hotel

Friday, June 12, 2009

7:30-8:15 A Networking Breakfast-Branford College Dining Hall, 74 High Street
8:15-8:30 A Proceed from Branford College to Yale Art Gallery Lecture Hall, 1111 Chapel Street (corner of York Street)
8:30-9:30 A Quick Summaries from Focus Panels

9:30-11:00A
Linsley Chittenden
Room 101

Plenary 3:  Government as shareholder of or lender to public corporations:  What is the government’s role?

Moderator:  Jonathan Koppell, Faculty Director, Millstein Center for Corporate Governance and Performance, Yale SOM

Discussants:

Steve Odland, Chairman & CEO Office Depot
Damon Silvers, Associate General Counsel for the AFL-CIO and Member of the U.S. Congressional Oversight Panel *
J.W. Verret, Assistant Professor, George Mason University School of Law

11:00-12:30P
Linsley Chittenden
Room 101

Plenary 4: Will the crisis help or hinder the integration of the global financial markets?

Moderator: Jeff Sonnenfeld, Lester Crown Professor in the Practice of Management & Senior Associate Dean, Executive Programs, Yale SOM

Discussants: 
Hasung Jang, Dean, Korea University Business School
Marcos Pinto, Commissioner, Securities and Exchanges Commission of Brazil
James Shinn, Lecturer, Princeton University
John Sullivan,  Executive Director, CIPE

12:30-1:00P
Linsley Chittenden
Room 101

Forum Summary

12:30-2:30P

Shuttle services to New Haven Train Station

1:00-2:00P Lunch-Branford Dining Hall, 74 High Street (High Street Entrnace Gate)

2:00-4:30P

Millstein Center Advisory Board Meeting-The Study Hotel (Closed Meeting)

  Note:  * denotes participants have not confirmed.