Podcasts about credit suisse group

En una nueva edición de Mercado Global, Iván Valenzuela y Paula Comandari ahondaron en la segunda jornada de Chile Day 2023 en Toronto, el recorte de empleados en Credit Suisse Group y la llegada de Yevgeny Prigozhin a Bielorrusia.

Latest US economic data are showing signs of strength in several corners of the US economy! What does this suggest about the likelihood of a recession? Meanwhile, how is the integration of UBS and Credit Suisse faring so far? Find out with Dan Koh as he speaks to Ryan Huang and Sean Cheong on this episode of Market View.See omnystudio.com/listener for privacy information.

While US stocks are back in a bull market, why are bond investors sticking to their forecasts for a downturn and advising hedging any bets on risk assets? And why is UBS Group imposing strict restrictions on bankers from Credit Suisse Group ahead of its takeover this week? Find out with Dan Koh and Ryan Huang. See omnystudio.com/listener for privacy information.

Guest: Chay Ornthanalai, associate professor at the Rotman School of Management Silicon Valley Bank was the 16th largest bank in the United States yet, in less than two days, it collapsed and marked the single largest American banking failure since the financial crisis of 2008. Ripple effects from SVB's collapse continue to hit similar institutions, have reached Credit Suisse Group (itself moving to sell) and ignited a political blame game. Chay Ornthanalai, an associate professor at the Rotman School of Management, joins “This Matters” to explain what went wrong and explore why it is unlikely for such failures to happen in Canada. This episode was produced by Brian Bradley and Paulo Marques.

The global banking crisis took an historical turn this morning with investment bank, UBS, agreeing to buy Credit Suisse Group in a deal worth $4.5 billion to restore investor confidence in the global banking sector. The crisis worsened on Friday after a fourth bank, the First Republic bank, received a US$30 billion lifeline from a group of big banks including Goldman Sachs and Bank of America, after customers began withdrawing their deposits from First Republic bank amid the collapse of SVB. Shares in First Republic Bank tumbled 33% on Friday to close the week down 72%. On Friday, the Dow Jones closed 1.2% lower, the S&P500 fell 1.1% and the Nasdaq closed down 0.74%. For the week though the Nasdaq rose 4.41% as investors bet on technology and growth stocks ahead of the FOMC meeting this week.Over in Europe, markets closed lower on Friday as investors digest the fallout from Credit Suisse accepting financial help to stabilise the banking system. Germany's DAX fell 1.33% on Friday while the French CAC lost 1.43% and in the UK the FTSE100 shed just over 1%.In Australia, markets closed 0.42% higher on Friday but 2.1% down for the week as the local index was caught up in the global banking crisis driven sell-off. What to watch today:In commodities, oil Is trading 2.36% lower at US$66.74/barrel, gold is up almost 3.6% at US$1988.08 and iron ore is flat at US$132/tonne.The Aussie dollar has slightly strengthened to buy US$0.67, 88.53 Japanese Yen, 54.89 British Pence and NZ$1.07.Ahead of the local trading session the SPI futures are anticipating the ASX to open 1.4% lower as investor sentiment continues to ride on the unfolding global banking crisis.Stocks trading ex-dividend today include HUB24 (ASX:HUB), Adairs (ASX:ADH), and Duratec (ASX:DUR). If you've been thinking about these stocks it might be worth considering buying in today as stocks trading ex-dividend generally trade lower on the ex-dividend date.Trading Ideas: Bell Potter has downgraded its price target on Synlait Milk (ASX:SM1) from $4 to $3.20 but maintain a buy rating on the company. The downgrade in price target comes after the company downwardly revised FY23 NPAT expectations relative to market expectations ahead of its 1H23 result. NPAT guidance has been downwardly projected to now be $15-$25m NZ dollars, which is much lower than Bell Potter's expectations of a forecasted NZ$35.8m and consensus expectations of NZ$50m. Major drivers of the change in NPAT forecast from the company have been attributed to order deferrals from major IMF customers, inflationary cost pressures, lower milk production and higher working capital costs.Trading Central has identified a bearish signal on Ansell (ASX:ANN), following the formation of a pattern over a period of 40-days which is roughly the same amount of time the share price may fall from the close of $26.14 to the range of $20.90 to $21.80 according to standard principles of technical analysis.

В марте прекратили работу сразу три американских банка, в их числе крупнейший кредитор Кремниевой долины — Silicon Valley Bank. Событие обрушило акции игроков финансового сектора США, а СМИ заговорили о вероятности повторения кризиса 2008 года. Между тем эксперты полагают, что такой сценарий маловероятен, поскольку у ФРС достаточно компетенций и ресурсов, чтобы удержать ситуацию под контролем. Вероятно, в текущих условиях американский ЦБ может отказаться от повышения ставки на ближайшем заседании. 

Wall Street is in a retrenchment mode with job cuts and hiring freezes in the tech world making their way to the finance industry.  Major banks including Goldman Sachs Group, Morgan Stanley and Credit Suisse Group have either announced plans or carried out rounds of layoffs ahead of an impending recession. Is this a cause for concern or should investors heave a sigh of relief that banks are taking measures ahead of a potential downturn? Elsewhere, the crypto sector continues to be a focus area of our discussion today, with Hong Kong Bitcoin and Ether Crypto ETFs raising US$79 million amid the saga surrounding FTX's founder Sam Bankman-Fried. Will Hong Kong be able to attain its goal of becoming a crypto hub? On Market View, Prime Time's finance presenter Chua Tian Tian posed these questions to Lily Fang, Dean of Research and Professor of Finance at INSEAD.See omnystudio.com/listener for privacy information.

In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market: A top Credit Suisse Group investor is supporting a proposal for a special audit over the collapse of a group of supply chain finance funds the bank ran with now-defunct Greensill Capital IFC has signed an agreement to support Uzbekistan as it develops a series of utility-scale wind farms, helping the country transition towards clean energy and meet a growing demand for electricity UK Export Finance has appointed Tim Reid to lead its Business Group Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.

The yellow taxi is a symbol of New York, but the industry has collapsed under compounding economic pressures, and many drivers say the city's response has been woefully inadequate. Now they're planning a hunger strike. Medallions are permits that allow drivers to own their taxis. Buying one used to be a path to a middle-class life. With prices reaching $1 million, buyers were pushed toward reckless loans, while the city made a profit. The drivers have lobbied for relief and the city's Taxi and Limousine Commission has finally proposed a relief plan. We hear more from one of the drivers camping in front of the City Hall - Augustine Tang. Also in the programme, Credit Suisse Group is to pay $475 million to American and British authorities to resolve bribery and fraud charges related to a $2 billion scandal over Mozambican government-guaranteed loans which came to be known as tuna bonds - they were originally intended to help build up a domestic tuna fishing fleet in the country. A Credit Suisse subsidiary also pleaded guilty to a conspiracy charge in New York. Plus - the BBC's Clare Williamson reports on whether edible insects are likely to become a significant source of protein for humans in the coming years. And, the television show Squid Game has become streaming giant Netflix's most popular series. But it has led to a row between South Korea's SK Broadband and Netflix, as the internet service provider is suing Netflix to pay for costs from increased network traffic and maintenance work, thanks to the surge in viewers. PHOTO: New York City taxi drivers protesting/Augustine Tang

Credit Suisse Group is to pay $475 million to American and British authorities to resolve bribery and fraud charges related to a $2 billion scandal over Mozambican government-guaranteed loans which came to be known as tuna bonds - they were originally intended to help build up a domestic tuna fishing fleet in the country. A Credit Suisse subsidiary also pleaded guilty to a conspiracy charge in New York. Nine companies including Amazon, IKEA, Unilever and Michelin have pledged to use only zero carbon emitting container shipping by 2040. 90% of world trade is transported by sea, and global shipping accounts for nearly 3% of the world's CO2 emissions. But environmental campaigners want the shipping industry to move faster. The pressure group Ship It Zero says the switch to zero-emissions should be done by 2030

President Muhammadu Buhari has written to the National Assembly, seeking approval to borrow the sum of $4,054,476,863 and €710 million.President Buhari explained that owing to emerging needs there is a need to raise more funds for some critical projects.He says the projects listed in the addendum to the 2018-2021 Federal Government External Borrowing Plan, are to be financed through sovereign loans from the World Bank, French Development Agency, China-Exim Bank, International Fund For Agriculture Development, Credit Suisse Group and Standard Chartered/China Export and Credit in the total sum of USD4 billion plus Euro 710 million grant component of USD 125,000,000.00.

President Muhammadu Buhari has written to the National Assembly, seeking approval to borrow the sum of $4,054,476,863 and €710 million.President Buhari explained that owing to emerging needs there is a need to raise more funds for some critical projects.He says the projects listed in the addendum to the 2018-2021 Federal Government External Borrowing Plan, are to be financed through sovereign loans from the World Bank, French Development Agency, China-Exim Bank, International Fund For Agriculture Development, Credit Suisse Group and Standard Chartered/China Export and Credit in the total sum of USD4 billion plus Euro 710 million grant component of USD 125,000,000.00.

President Muhammadu Buhari has written to the National Assembly, seeking approval to borrow the sum of $4,054,476,863 and €710 million.President Buhari explained that owing to emerging needs there is a need to raise more funds for some critical projects.He says the projects listed in the addendum to the 2018-2021 Federal Government External Borrowing Plan, are to be financed through sovereign loans from the World Bank, French Development Agency, China-Exim Bank, International Fund For Agriculture Development, Credit Suisse Group and Standard Chartered/China Export and Credit in the total sum of USD4 billion plus Euro 710 million grant component of USD 125,000,000.00.

Welcome back to the Fight Business Podcast, Patrick Auger's show dedicated to the business-side of mixed martial arts. Timestamps: 0:00 - Intro 01:51 - UFC signs exclusive Chinese media distribution deal 08:59 - ONE Championship mulling US SPAC deal 19:38 - How Myanmar coup could affect ONE Championship 29:46 - UFC reveals info regarding discretionary bonuses 40:55 - Invicta FC parts ways with UFC Fight Pass The first topic of discussion in this episode is the UFC's historic media distribution deal in China. The promotion has landed a deal with Migu Video, which will now become the home of the upcoming Asia edition Dana White's Contender Series. The China Mobile subsidiary will also air UFC PPV events and Fight Night events in China. Auger explains what this means for the UFC and how the promotion worked toward this remarkable deal behind the success of Chinese champion Weili Zhang. Next, Auger focuses on how ONE Championship is considering a US SPAC deal. ONE Championship has chosen Credit Suisse Group and Goldman Sachs Group to manage the potential listing. Auger explains everything you need to know about this development. On the topic of ONE Championship, Auger then discusses how the 2021 Myanmar coup could impact the promotion. ONE Championship has an incredible following in Myanmar and Auger explains what's at stake for the promotion here considering stars such as Aung La N Sang have spoken out against the 'unlawful' coup. Lastly, Auger touches on the news regarding UFC discretionary bonuses and also how Invicta FC has parted ways with UFC Fight Pass. Follow Patrick Auger on Twitter: @AllDayAuger First time here? Hit the subscribe content to see more content like this! Already a subscriber? Thank you! Please remember to show your support by clicking the like button. Join our Discord server to discuss MMA with us: https://discord.gg/vXgz9KyqYp Subscribe to The Body Lock: https://bit.ly/35iN7bz Like The Body Lock on Facebook: https://goo.gl/Xm7sAS Follow The Body Lock on Twitter: https://goo.gl/zt6naT Read more: https://thebodylockmma.com

1.- [01:55] Manda tu audio nota al tel. +52 (81) 1965-0908 2.- [03:44] Credijusto, levanta un préstamo de US$100 millones con Credit Suisse Group [https://bit.ly/credijusto-credit-suisse-es] 3.- [08:58] Mercado Crédito aplaza 2 millones de préstamos [https://bit.ly/mercado-credito-pagos] 4.- [16:39] Rebus Technology lanza 3 nuevos productos en una semana [https://bit.ly/3-inovaciones-rebus] --- Send in a voice message: https://anchor.fm/en-contxto/message

The risk of cyber attack is on the increase and becoming ever more complicated. So how do you defend against that risk when in fact it's so complicated that it's almost impossible for anybody to understand the threat landscape. In this episode I'll be talking to Martin Clements. Martin moved to the private sector in 2016 after a long career focused on digital innovation and cyber in government. Originally trained in Computer and Natural Sciences, he started his career as a coder; writing and selling games in the early personal computer industry. In recent years Martin held prominent leadership positions building technical capabilities that combine traditional techniques and skills with emerging innovations, especially in the fields of mobile, cyber and data. He was also a senior information risk owner, managing threats to official I.T systems at a time when cyber was emerging as a strategic threat. Martin became an experienced executive and non-executive member of the top governance of his sector in the U.K, retiring as Director General for Technology and Transformation at the U.K's foreign and commonwealth office. Martin now works with business he believes address key capability gaps bringing in the finest emerging technologies together with skilled humans to defend and transform both business and government. He is senior advisor to the chairman and CEO of Credit Suisse Group, as well as non-executive chairman, director or advisor at a range of businesses in the technology sector. Along with a group of contemporaries he has set up Wychwood Partners to advise businesses how to safely lead digital transformation. In this episode Martin and I discuss the threats to businesses from cyber attack, strategies for defending against increasingly sophisticated attacks; attacks which are often so complex as to be beyond the comprehension of people running businesses. (Who after all are more necessarily focused on the more thorny issues of running a business!). And whether the public cloud is a help or hindrance to those trying to protect digital assets.

A CEO’s Virtual Mentor Episode 13  The Big Shareholder Activism Episode – The Escalation Path Implications and Advice for Corporate Governance and CEO Leadership Our guests in a panel format include: Chris Young, Managing Director and Head of the Contested Situations Group, Credit Suisse Paul Toback, Former President, CEO and Chairman of Bally Total Fitness Marjorie Bowen, Retired Managing Partner of Houlihan Lokey and highly experienced public and private company director with an extensive list of directorships in which she was occasionally the activists’ board nominee. Corporate governance expert and independent director of publicly-traded companies, Tanuja Dehne. Our past two episodes have included segments on shareholder activism provided by our guest Chris Young from Credit Suisse.  Episode 11 included an historical look at the development and mainstreaming of shareholder activism as an asset class and the institutionalization of corporate governance through firms like ISS and Glass Lewis.  Episode 12 looked at the Vulnerability Framework and what brings companies into the attention of the activists.  We mentioned in a prior episode that a Wall Street Journal article had concluded that shareholder activism, which has been a perennial nuisance for chief executives, was now becoming an existential threat. So, what is it like to be in the crosshairs of the activist and what should you do about it? This Episode 13 is our big shareholder activism episode.  We take you step by step down the escalation path through 8 phases – including The Letter through the Proxy Contest. Chris Young from Credit Suisse will provide the steps and the pathway.  Governance expert Tanuja Dehne will provide some governance and management considerations along the way. Paul Toback will discuss his firsthand experience of being CEO at Bally Total Fitness and in the crosshairs at points along the path.  Highly-experienced, independent director, Marjorie Bowen, will provide context as an activist’s board nominee in the setting of activism and also provide governance and management advice for these situations. It’s with great pleasure that we announce that Tanuja Dehne has joined our team at Lyceum Leadership Consulting.  She brings her expertise to our board effectiveness and executive team effectiveness service offerings.  Warm thanks to our guests Paul Toback, Tanuja Dehne, Marjorie Bowen and Chris Young.  And special thank you to our sponsor TransparentCareer.  For those footnote readers, as always, please see the back of our album cover. For those interested, the rise and fall of Bally Total Fitness are covered in two cases at Harvard Business School by Strategy Professor John R. Wells. Please follow our links to the cases on the HBS website. All previous episodes are available on iTunes.  Please tune in to our next big episode on Philanthropy.  We’ll cover the subject from many different angles. From the perspective of the giver – with University of Chicago benefactor Bernard DelGiorno.   Bernie also advises clients on the subject in his role in private wealth management at UBS.  From the angle of the recipient.  We will glean the perspectives of Jennifer Sampson, CEO of The United Way of Metropolitan Dallas.  Jennifer led a turnaround in Dallas and has led the development of programs that fund impactful social entrepreneurship.  We will also introduce you to a group of public company CEO’s in Ohio that are leveraging their musical talents to raise money for charities in Ohio.  Two of these CEOs are board members of the Rock and Roll Hall of Fame. Thanks for joining us.  We can’t improve without your feedback – write us through our website www.LeadershipLyceum.com and subscribe on iTunes.   Program Guide - Episode 13 The Big Shareholder Activism Episode – The Escalation Path Implications and Advice for Corporate Governance and CEO Leadership  0:35       Introduction 0:52       Introduction to specific programming in this Episode 13 3:46       Chapter 1: The Position 19:19     Chapter 2: The Letter 28:37     Chapter 3: The Meetings 34:37     Chapter 4: Making it Public 37:21     Chapter 5: The Compromise 42:20     Chapter 6: The Proxy Contest 47:17     Chapter 7: After the Proxy Contest 52:47     Chapter 8: The Advice  1:07:45  Final Credits  1:08:18  Episode 14 Preview   Informative and Helpful Links Our Sponsor – TransparentCareer https://www.transparentcareer.com   The Lyceum’s Well-Tuned Governance Model  https://www.leadershiplyceum.com/lyceum-board-effectiveness     The Forgotten Beatle - Jimmy Nicol Photo - https://cdn.theatlantic.com/assets/media/img/photo/2014/05/1964-beatlemania/b33_06151156/main_900.jpg?1420504210 Story - http://www.adelaidenow.com.au/entertainment/meet-jimmy-nicol-the-forgotten-beatle-standin-drummer-for-ringo/news-story/0f79dd8eda8adc579d3c35c6bfb32f1f Bally Total Fitness and the Harvard Business School Case Study Collection Harvard Business School Professor John R. Wells [Wells' bio]  teaches the Bally Total Fitness case in his strategy course.  His two cases on Bally cover the rise and fall of Bally Total Fitness, respectively.  For access to abstracts on the case please find the links here: Bally Total Fitness (A): The Rise, 1962–2004 and Bally Total Fitness (B): The Fall, 2005–2016 Bally Total Fitness (B): The Fall, 2005–2016   Scott Joplin: https://www.scottjoplin.org/   Biographies of Guests  Ms. Marjorie Bowen Marjorie Bowen has served as an independent director for twelve public and private companies.  She has significant experience with corporate activism from both the activist shareholder as well as the incumbent board perspective.  As an activist appointed nominee, Ms. Bowen participated in a highly contested proxy contest, was endorsed by RiskMetrics and Proxy Governance, and was elected with 80 percent of the vote.  She also has been appointed as a director as a result of activist and board negotiations.  Conversely, Ms. Bowen has served as a director when an activist shareholder agitated for significant change, and in response she assumed a leadership role in developing and implementing solutions to maximize value for all shareholders.  Ms. Bowen’s directorships often involve complicated situations, operationally and/or financially challenged companies, including those needing to implement significant strategic and/or operational changes, turnarounds, and distressed companies both in and out of bankruptcy, across many industries.  Ms. Bowen’s directorships follow a nearly 20-year career in investment banking at Houlihan Lokey, advising boards of public companies on transactional, strategic and other shareholder matters, serving as a member of the firm’s senior management team, heading the industry leading fairness opinion practice, and providing leadership as the most senior woman at the firm.  She is a qualified NYSE and NASDAQ financial expert, and is well versed in corporate governance matters.   Mr. Paul Toback Paul is a seasoned Senior Executive, Attorney, Founder, Entrepreneur, and Consultant with 30 years of success in health, fitness, technology, and government. Leveraging extensive experience in new business development and strategic planning, he is a valuable asset for service companies looking for growth, team development, and brand building. His broad areas of expertise include public company leadership development; financial engineering and restructuring; mergers and acquisitions (M&A); startup, transition, turnaround, transformation; top-talent recruitment; cost reduction and revenue generation; finance and scaling; and legal, international, and franchising. Throughout his executive career, Paul has held leadership positions at Sproing Sport (Founder and CEO); Sproing Fitness LLC (Founder and CEO); Telegraph Consulting; Bally Total Fitness; The White House; and The City of Chicago. He has been responsible for securing a patent for new-generation high-intensity interval training (HIIT) fitness equipment, establishing fully-integrated manufacturing and global distribution, and opening domestic licensed brand fitness studios. As senior executive and C Suite Officer for the then-largest nationwide fitness center brand, Paul generated a record 22% increase of $1.1B net revenue in 4 years, resulting in $5.6MM net income in fourth year, reversing a $91MM loss. Separately, he increased cash flow $70 million annually by reducing expenses and capital spending for a company; and refinanced $500MM of corporate debt, including senior notes, term loan, and revolving credit, positively impacting nearly 70% of the company’s total debt. Paul secured a B.A. with Distinction in Political Science from Stanford University, graduating in 3 years. He earned a Juris Doctorate (J.D.) in Law from University of Chicago Law School. As a proficient executive, he has served on several boards, including with Bally Total Fitness, and the National Women’s History Museum.   Mr. Chris Young Chris Young has been Managing Director and Head of the Takeover Defense Practice at Credit Suisse AG and Credit Suisse Group since June 1, 2010. Until May 2010, Mr. Young served as the Director of M&A and Proxy Fight at Institutional Shareholder Services (ISS). While at ISS, Mr. Young was responsible for analyzing contentious M&A transactions, proxy fights and corporate governance issues and providing proxy voting and tender offer recommendations for ISS institutional investor clients. Mr. Young also helped to facilitate a constructive dialogue between ISS institutional investor clients and senior executives and directors of public companies in the US and Europe. Mr. Young is regarded as a leading authority on contested M&A transactions and shareholder activism. Prior to ISS, Mr. Young was a member of the investment banking group at Bear Stearns and the M&A group at Sullivan & Cromwell. Mr. Young is a CFA charter holder, received his JD, magna cum laude, from Boston University and his BS from Georgetown University.   Ms. Tanuja Dehne Tanuja Dehne is Senior Governance Advisor for Lyceum Leadership Consulting [Tanuja's Bio] and a public company director and former C-level executive of NRG Energy, Inc., a Fortune 250 power company. Tanuja brings perspective and experience from her cross-disciplinary roles to the C-suite and board room. She is a purpose-driven leader, cultivator of talent and proven strategist. She is an award winning corporate attorney, human resources professional and community volunteer who thrives when making a positive difference in the lives of others. During her tenure at NRG Energy, Inc., Tanuja had increasingly expansive roles: initially the company’s securities and finance lawyer, then Corporate Secretary and lead M&A attorney, before becoming the head of Human Resources. Ultimately, in her role as EVP, Chief Administrative Officer and Chief of Staff, she oversaw the company’s Human Resources, Information Technology, Communications, Marketing and Sustainability departments, the company’s charitable giving program, M&A integrations, as well as the construction of NRG’s sustainable corporate headquarters in Princeton, New Jersey. Tanuja also served as a sponsor, coach and “internal angel investor” of interdisciplinary innovation teams, including the team that created the “Path to Luma,” an environmentally conscious puzzle game launched in August 2015 with record breaking downloads in the Apple and Google stores. Tanuja is a director of Advanced Disposal Services (NYSE: ADSW) and Silver Bay Realty Trust Corp. (NYSE: SBY), and Board Trustee of the Geraldine R. Dodge Foundation, HomeFront of New Jersey and Young Audiences New Jersey and Eastern Pennsylvania. She is a frequent speaker on topics including leadership, corporate governance, and the intersection of the law and human resources. She received a B.A. from Lafayette College, Master’s in Political Science from the University of Pennsylvania, and Juris Doctor from Syracuse University College of Law. Subscribe to the podcast at iTunes: https://t.co/a70rtSiQnW or SoundCloud: https://soundcloud.com/thomas-linquist Follow Leadership Lyceum on:        Our website: www.LeadershipLyceum.com        LinkedIn: https://www.linkedin.com/in/thomas-linquist-682997 Twitter: @LeaderLyceum https://twitter.com/LeaderLyceum Email us: info@LeadershipLyceum.com Your host Thomas B. Linquist is the Founder and Managing Partner of Lyceum Leadership Consulting and Lyceum Leadership Productions. Over his 15 years in management and leadership consulting he has served a wide array of industrial clients.  This includes leadership assessment and search for chief executive officers, chief financial officers, chief operating officers and boards of directors.  He holds an MBA from the University of Chicago and over his 25-year career has served in a variety of roles: as an engineer with Shell Oil Company, a banker with ABN AMRO Bank, and as treasurer was the youngest corporate officer in the 150+ year history at Peoples Energy Company in Chicago.  He is an expert on hiring and promotion decisions and leadership development.  Over the course of his search career, he has interviewed thousands of leaders.  Please subscribe to the Leadership Lyceum in the podcast section at iTunes which will enable future content to come to you automatically. Rate us and spread the word among your fellow executives and board colleagues.   Program Disclaimer The only purpose of the podcasts is to educate, inform and entertain. The information shared is based on the collection of experiences of each of the guests interviewed and should not be considered or substituted for professional advice. Guests who speak in this podcast express their own opinions, experience and conclusions, and neither The Leadership Lyceum LLC nor any company providing financial support endorses or opposes any particular content, recommendation or methodology discussed in this podcast. This podcast Leadership Lyceum: A CEO’s Virtual Mentor has been a production of The Leadership Lyceum LLC. Copyright 2017. All rights reserved.

A CEO’s Virtual Mentor Episode 12 Shareholder Activism – The Vulnerability Framework; Board Governance & Effectiveness; and a Conversation with WEC Energy Group CEO Allen Leverett Guests include: Chris Young, Managing Director and Head of the Contested Situations Group, Credit Suisse Allen Leverett, President and CEO of WEC Energy Tanuja Dehne, Corporate governance expert and independent director of publicly-traded companies.  If you haven’t joined us in a while, you may have missed the announcement that we formed two companies under Leadership Lyceum’s brand: Lyceum Leadership Consulting which provides executive and board of director’s search, board effectiveness review, and an array of services for successor development and board-readiness.  And Lyceum Leadership Productions which brings you this podcast. Segment I - a continuation of our discussion on Shareholder Activism with Chris Young from Credit Suisse. We will cover what Chris describes as The Vulnerability Framework. We will discuss the conditions that make a company particularly vulnerable to activism. Segment II - a conversation with Allen Leverett, President CEO of WEC Energy Group in Milwaukee. We will discuss how WEC has reshaped itself through M&A over the last 10 years into a vastly different company that serves 4.4 million customers across 4 states in the upper Midwest.  Segment III - a continuation of our discussion with Tanuja Dehne on impediments to boardroom effectiveness. Famous Last Words - In our last episode, Episode 11, we introduced a spot called Famous Last Words. We intersperse excerpts from MGM’s 1954 movie Executive Suite starring William Holden, Barbara Stanwyck, and Fredric March. For you utility enthusiasts, it also stars the PPL Building (Pennsylvania Power & Light) in Allentown, Pennsylvania as the exterior of the Tredway Corporation.  The plot backdrop -- Avery Bullard, President of the Tredway Corporation has died. But he never named a clear successor, so the Board members must choose. The most likely candidate is Loren Shaw, a skilled businessman with a high degree of financial acumen.  Their intense and consequential boardroom discussion will weave through our episode. Thanks for joining us.  We can’t improve without your feedback – write us through our website www.LeadershipLyceum.com and subscribe on iTunes.  See you next time.    Informative and Helpful Links  The Lyceum’s Well-Tuned Governance Model  https://www.leadershiplyceum.com/lyceum-board-effectiveness    Program Guide Episode 12 Shareholder Activism – The Vulnerability Framework; Board Governance & Effectiveness; and Conversation with Wisconsin Energy CEO Allen Leverett 0:30     Introduction to Lyceum’s brands and the podcast Episode 12  1:44     Introduction of Famous Last Words spot – MGM’s Executive Suite 3:47     Famous Last Words spot – MGM’s Executive Suite plot summary 2:35     Famous Last Words – Executive Suite 1/5 3:22     Break 1 3:36     Introduction to Segment I – Shareholder Activism with guest Chris Young, Managing Director of Credit Suisse on The Vulnerability Framework 7:20     Famous Last Words – Executive Suite 2/5 8:28     Break 2 8:41     Segment I (cont.): Chris Young of Credit Suisse 15:26   Famous Last Words – Executive Suite 3/5 17:17   Break 3 17:32   Wrap up of Segment I on Shareholder Activism and preview of next month’s Episode 13 with the final chapter in the series with Chris Young. 17:48   Introduction of Segment II: Interview with Allen Leverett, CEO of WEC Energy Group 27:28   Break 4 27:51   Segment II (cont.): Interview with Allen Leverett 41:30   End of Interview with Paul Bonavia 33:45   Break 5 34:06   Segment II (cont.): Interview with Allen Leverett 37:03   End of Interview with Allen Leverett 37:08   Famous Last Words – Executive Suite 4/5 38:22   Break 6 38:35   Introduction to Segment III – Corporate Governance and Board Effectiveness, a continuation of our discussion with Tanuja Dehne on impediments to boardroom effectiveness. 45:34   End of Segment III and preview of next month’s Episode 13 with Tanuja Dehne 45:45   Conclusion of Famous Last Words with Executive Suite 5/5   Biographies of Guests Mr. Chris Young  Chris Young has been Managing Director and Head of the Takeover Defense Practice at Credit Suisse AG and Credit Suisse Group since June 1, 2010. Until May 2010, Mr. Young served as the Director of M&A and Proxy Fight at Institutional Shareholder Services (ISS). While at ISS, Mr. Young was responsible for analyzing contentious M&A transactions, proxy fights and corporate governance issues and providing proxy voting and tender offer recommendations for ISS institutional investor clients. Mr. Young also helped to facilitate a constructive dialogue between ISS institutional investor clients and senior executives and directors of public companies in the US and Europe. Mr. Young is regarded as a leading authority on contested M&A transactions and shareholder activism. Prior to ISS, Mr. Young was a member of the investment banking group at Bear Stearns and the M&A group at Sullivan & Cromwell. Mr. Young is a CFA charter holder, received his JD, magna cum laude, from Boston University and his BS from Georgetown University.   Mr. Allen Leverett Allen Leverett was named president of WEC Energy Group in June 2015 and chief executive officer in May 2016. He was appointed to the board of directors in January 2016. Leverett had served as president of Wisconsin Energy Corporation since August 2013, as well as president – Wisconsin, Michigan and Minnesota, with responsibility for business operations of the company’s utilities in those states. Previously, Leverett served as president and chief executive officer of We Generation, the company’s power generation group, since March 2011, with overall responsibility for the company’s electric generation portfolio, fuel procurement, environmental compliance and renewable energy development strategy. He joined Wisconsin Energy in 2003 as chief financial officer. In May 2004, he was named executive vice president and chief financial officer of Wisconsin Energy and We Energies. Prior to joining the company, Leverett served as chief financial officer and executive vice president of Georgia Power in Atlanta, Georgia. Before that, he was vice president and treasurer of Southern Company Services, with overall responsibility for financial planning and analysis, capital markets and leasing, treasury and investor relations. Previously, he held a variety of positions in transmission planning, integrated resource planning, strategic planning, wholesale marketing and finance. Leverett earned his bachelor’s degree, summa cum laude, in electrical engineering and mathematics from Vanderbilt University, Nashville, Tennessee. He also earned a master’s degree in electrical engineering from Stanford University, Palo Alto, California, and a Master of Business Administration degree with a finance concentration from Auburn University, Auburn, Alabama. Leverett is a director of American Transmission Co., non-executive chairman of Church Mutual Insurance Co., and a member of the board of directors of the Electric Power Research Institute (EPRI) and the Edison Electric Institute (EEI).   Ms. Tanuja Dehne Tanuja Dehne is a public company director and former C-level executive of NRG Energy, Inc., a Fortune 250 power company. Tanuja brings perspective and experience from her cross-disciplinary roles to the C-suite and board room. She is a purpose-driven leader, cultivator of talent and proven strategist. She is an award winning corporate attorney, human resources professional and community volunteer who thrives when making a positive difference in the lives of others. During her tenure at NRG Energy, Inc., Tanuja had increasingly expansive roles: initially the company’s securities and finance lawyer, then Corporate Secretary and lead M&A attorney, before becoming the head of Human Resources. Ultimately, in her role as EVP, Chief Administrative Officer and Chief of Staff, she oversaw the company’s Human Resources, Information Technology, Communications, Marketing and Sustainability departments, the company’s charitable giving program, M&A integrations, as well as the construction of NRG’s sustainable corporate headquarters in Princeton, New Jersey. Tanuja also served as a sponsor, coach and “internal angel investor” of interdisciplinary innovation teams, including the team that created the “Path to Luma,” an environmentally conscious puzzle game launched in August 2015 with record breaking downloads in the Apple and Google stores. Tanuja is a director of Advanced Disposal Services (NYSE: ADSW) and Granite Point Mortgage Trust, Inc. (NYSE: GPMT), and Board Trustee of the Geraldine R. Dodge Foundation, HomeFront of New Jersey and Young Audiences New Jersey and Eastern Pennsylvania. She is a frequent speaker on topics including leadership, corporate governance, and the intersection of the law and human resources. She received a B.A. from Lafayette College, Master’s in Political Science from the University of Pennsylvania, and Juris Doctor from Syracuse University College of Law. Ms. Dehne’s Upcoming Speaking Engagements: September 14, 2017: ABA Annual Meeting of Business Law Section in Chicago: Driving Boardroom Diversity:  An Inside Look at What’s Important and What’s Next October 2, 2017: NACD Annual Global Summit, National Harbor, MD:  Compensation Board Committee Forum October 25, 2017: BSR Annual Conference 2017 - How Businesses Lead in Los Angeles: “Engaging Boards: Making a Case” - engaging boards on sustainability issues   Host Mr. Thomas B. Linquist Your host Thomas B. Linquist is the Founder and Managing Partner of Lyceum Leadership Consulting and Lyceum Leadership Productions. Over his 15 years in management and leadership consulting he has served a wide array of industrial clients.  This includes leadership assessment and search for chief executive officers, chief financial officers, chief operating officers and boards of directors.  He holds an MBA from the University of Chicago and over his 25-year career has served in a variety of roles: as an engineer with Shell Oil Company, a banker with ABN AMRO Bank, and as treasurer was the youngest corporate officer in the 150+ year history at Peoples Energy Company in Chicago.  He is an expert on hiring and promotion decisions and leadership development.  Over the course of his search career, he has interviewed thousands of leaders.  Please subscribe to the Leadership Lyceum in the podcast section at iTunes which will enable future content to come to you automatically. Rate us and spread the word among your fellow executives and board colleagues.   Subscribe to the podcast at iTunes: https://t.co/a70rtSiQnW or SoundCloud: https://soundcloud.com/thomas-linquist Follow Leadership Lyceum on:          Our website: www.LeadershipLyceum.com          LinkedIn: https://www.linkedin.com/in/thomas-linquist-682997          Twitter: @LeaderLyceum https://twitter.com/LeaderLyceum          Email us: info@LeadershipLyceum.com Please subscribe to the Leadership Lyceum at iTunes which will enable future content to come to you automatically.  Rate us and spread the word among your fellow executives and board colleagues.    Program Disclaimer The only purpose of the podcasts is to educate, inform and entertain. The information shared is based on the collection of experiences of each of the guests interviewed and should not be considered or substituted for professional advice. Guests who speak in this podcast express their own opinions, experience and conclusions, and neither The Leadership Lyceum LLC nor any company providing financial support endorses or opposes any particular content, recommendation or methodology discussed in this podcast.   This podcast Leadership Lyceum: A CEO’s Virtual Mentor has been a production of The Leadership Lyceum LLC. Copyright 2017. All rights reserved.

A CEO’s Virtual Mentor Episode 11  Board Governance & Effectiveness, Shareholder Activism, and Utility Industry Consolidation and M&A Guests include: Corporate governance expert, Tanuja Dehne Paul Bonavia, Retired Chairman and CEO of UNS Energy Chris Young, Managing Director and head of the Contested Situations Group, Credit Suisse   If you did not join us for our last episode, Episode 10 which was a special podcast on Innovation, you may have missed the announcement that we formed two companies under Leadership Lyceum’s brand: Lyceum Leadership Consulting which provides executive and board of director’s search, board effectiveness review, and an array of services for successor development and board-readiness.  And Lyceum Leadership Productions which brings you this podcast.  We also announced that we would be expanding the programming of the episodes this summer.  Well happy summer!  This is the first of our expanded episodes.  Welcome to Episode 11 which expands the programming into three segments.  We will continue to bring you the in-depth CEO and Director interviews around compelling business situations as a main middle segment, Segment II.  That main segment will be bookended over the next three Episodes with shorter Segments I and III.  At least over the next three episodes, Segment I will cover Board and Corporate Governance Best Practices on one hand and Segment III will cover the consequences of deficiencies in corporate governance, namely shareholder activism, on the other.  We hope you enjoy this expanded coverage which we will be refining over the next few episodes.  So please subscribe through iTunes and give us feedback on the new programming.  Tell us about leadership situations and subjects that you are interested in us exploring.  Please visit our website www.LeadershipLyceum.com for all of our archived media and offerings.  We will be right back to start the program.   Welcome back to this newly expanded Episode 11 of the Leadership Lyceum: A CEO’s Virtual Mentor.  We welcome three fabulous guests to this Episode.    Introduction to Episode 11 Program In Segment I the first of a series on Corporate Governance and Board Effectiveness, we welcome governance expert Tanuja Dehne.  Tanuja serves on two public company boards and is a frequent speaker on board governance -- most recently she was part of the instructor panel for the NACD Advanced Director Professionalism program earlier this month.  In Segment II we welcome Paul Bonavia, retired Chairman and CEO of UNS Energy (better known as Tucson Electric Power).  We will explore the triggers and interconnected events that have led to remarkable levels of consolidation in the electric utility industry and Paul’s leadership of the sale of UNS to Fortis in August 2014. In Segment III, the first of a series on Shareholder Activism, we will be joined by Chris Young, Managing Director and Head of the Contested Situations Group at Credit Suisse.  In the first part of this series we will cover the history of activism and the market for corporate governance, growth in the asset class, and answer a fundamental question: what do activists want?  We will be right back with Segment one with Tanuja Dehne on Corporate Governance and Board Effectiveness.    Segment I: Governance & Board Matters “Corporate Governance and Board Effectiveness” I am delighted to be joined by Tanuja Dehne. Tanuja is a corporate governance expert and serves as an independent director on two NYSE-listed, company boards: Advanced Disposal Services, a $1.4 billion revenue environmental services company and newly IPO’d, Granite Point, a publicly-traded commercial mortgage REIT.  She also dedicates her time to not-for-profit board service including the Geraldine R. Dodge Foundation, Young Audiences, HomeFront NJ, and Sustainable Jersey. That ends Segment I with Tanuja Dehne.  Join us for our continuing conversation with Tanuja next month in Episode 12 --- we’ll discuss derailers to effective boards and effective leadership styles in the boardroom.  And shall I say it?  Why not.  As a self-promoting reminder, the Lyceum Leadership Consulting does provide third party, Board Effectiveness Review.    Segment II:  Main Feature Interview “Special Guest Paul Bonavia, Retired Chairman and CEO of UNS Energy”  You may have read our article in the May 2017 issue of Public Utilities Fortnightly about our next guest - Paul Bonavia.  By sheer coincidence, I wrote that article for Fortnightly on April 1 of 2017 in Chicago Illinois.  Exactly ten years before that on April 1, 2007, the Illinois General Assembly passed a resolution designating April 1st as “Cheap Trick Day” in Illinois. I am giddy with delight to come as close as I can to a Rolling Stone reporter in featuring this conversation with drummer Paul Bonavia, who in his younger days was in bands with members that would go on to form Cheap Trick.   While I’m sure some subset of our listenership is interested in Paul’s pre-utility rock and roll lifestyle, this conversation was directed toward Paul’s “alternative” lifestyle as a CEO of an investor-owned utility and the sale of the company he led --- to Fortis in August of 2014.  Segment III: Special Subjects Segment “First of a Mini-Series on Shareholder Activism with Chris Young, Head of Contested Situations at Credit Suisse” Welcome to our final segment in this Episode on the dramatic, consternation-filled subject of shareholder activism.  That’s Orson Welles in his introduction to his panic-producing, 1938 radio masterpiece War of the Worlds. For the Lyceum, an allegorical backdrop of an environment well-suited to some “alien” form of activism perhaps? This is our mini-series on Shareholder Activism, and we are joined by Chris Young, Managing Director and Head of the Contested Situations Group at Credit Suisse.  In this first part of this series we will cover the history of activism and the market for corporate governance, growth in the asset class, and answer a fundamental question: what do activists want? As a backdrop, The Wall Street Journal reported recently that shareholder activism, which has been a perennial nuisance for chief executives, is now becoming an existential threat. Activists are going beyond just settling for board seats and are waging campaigns that target changes in top management at the outset. So far in 2017, and this is going back a few weeks right now, but so far in 2017 activists have started nine campaigns targeting top management. This is the fastest pace on record according to FactSet. I have represented two clients this year from the power and utility industry on board searches in the face of shareholder activism.  While two companies experiencing activism does not constitute a trend, my clients’ experience of late certainly seemed to warrant raising awareness with our CEO’s Virtual Mentor listenership by featuring this fascinating and informative conversation with Chris Young.  As we were in production on this podcast, Daniel Loeb, founder of activist investor Third Point, demonstrated this activism genius by accumulating a small 1.25% stake in Nestle, published a letter on a Sunday and two days later, Nestle announced a $20.8 billion share buyback as well as clarifying other strategic objectives. Closing of Segment III That ends Segment III.  We will continue this discussion with Chris Young in late July with Episode 12.  We’ll cover more on the “mainstreaming” of activism as an asset class and we will take apart the activist’s playbook and take you step by step through the Escalation Path.      Preview of Next Month’s Episode 12 We will be back with Episode 12 at the end of July featuring more on corporate governance with Tanuja Dehne and activism with Chris Young and an interview with Allen Leverett, President and CEO of WEC Energy Group in Milwaukee, Wisconsin.  WEC has been highly acquisitive over the last decade, Allen and I will discuss the company’s significant growth that has led to a uniquely different collection of operating assets over that time period.  Final Spot: Famous Last Words As we sign off we wrap with another new spot on our program called “Famous Last Words”.  In keeping with our War of the Worlds – Shareholder Activism allegory we will leave you to be restored to the real world in the good hands of, an out-of-character, Mr. Orson Welles.    Thanks for joining us.  We can’t improve without your feedback – write us through our website www.LeadershipLyceum.com and subscribe on iTunes.  See you next time.   Informative and Helpful Links The Lyceum’s Well-Tuned Governance Model https://www.leadershiplyceum.com/lyceum-board-effectiveness   War of the Worlds Link to one the Lyceum’s favorite websites – archive.org. Click below to listen directly to the chilling and timeless October 30, 1938 CBS airing of Orson Welles’ The Mercury Theater on the Air adaptation of H.G. Wells’ novel The War of the Worlds https://archive.org/details/OrsonWellesMrBruns Wiki links about the radio drama: https://en.wikipedia.org/wiki/The_War_of_the_Worlds_(radio_drama)   Program Guide Episode 11 “Board Governance & Effectiveness, Shareholder Activism Mini Series, Utility Industry Consolidation and M&A with Paul Bonavia, Retired Chairman and CEO of UNS Energy”  0:30     Introduction to new programming of Episodes  2:12     Introduction to specific programming in this Episode 11 3:47     Segment I: Corporate Governance and Board Effectiveness with Tanuja Dehne 6:15     Break 6:40     Segment I (cont.): Why should boards care about measuring effectiveness as a board? 14:05   Wrap up of Segment I on governance and preview of next month’s Episode 12 with Tanuja. 14:54   Introduction of Segment II: Interview with Paul Bonavia, Retired CEO of UNS Energy 16:13   Segment II: Interview with Paul Bonavia 33:06   Break 33:33   Segment II (cont.): Interview with Paul Bonavia 41:30   End of Interview with Paul Bonavia 41:53   Introduction to Segment III – Shareholder Activism and War of the Worlds allegory. 43:10   Segment III – Context for shareholder activism and introduction of guest Chris Young, Managing Director of Credit Suisse. 52:57   Break 53:20   Segment III (cont.): What do activists want? 56:30   End of Segment III and preview of next month’s Episode 12 with Chris Young 57:21   Conclusion and Famous Last Words with Orson Welles.   Biographies of Guests Ms. Tanuja Dehne  Tanuja Dehne is a public company director and former C-level executive of NRG Energy, Inc., a Fortune 250 power company. Tanuja brings perspective and experience from her cross-disciplinary roles to the C-suite and board room. She is a purpose-driven leader, cultivator of talent and proven strategist. She is an award winning corporate attorney, human resources professional and community volunteer who thrives when making a positive difference in the lives of others. During her tenure at NRG Energy, Inc., Tanuja had increasingly expansive roles: initially the company’s securities and finance lawyer, then Corporate Secretary and lead M&A attorney, before becoming the head of Human Resources. Ultimately, in her role as EVP, Chief Administrative Officer and Chief of Staff, she oversaw the company’s Human Resources, Information Technology, Communications, Marketing and Sustainability departments, the company’s charitable giving program, M&A integrations, as well as the construction of NRG’s sustainable corporate headquarters in Princeton, New Jersey. Tanuja also served as a sponsor, coach and “internal angel investor” of interdisciplinary innovation teams, including the team that created the “Path to Luma,” an environmentally conscious puzzle game launched in August 2015 with record breaking downloads in the Apple and Google stores. Tanuja is a director of Advanced Disposal Services (NYSE: ADSW) and Silver Bay Realty Trust Corp. (NYSE: SBY), and Board Trustee of the Geraldine R. Dodge Foundation, HomeFront of New Jersey and Young Audiences New Jersey and Eastern Pennsylvania. She is a frequent speaker on topics including leadership, corporate governance, and the intersection of the law and human resources. She received a B.A. from Lafayette College, Master’s in Political Science from the University of Pennsylvania, and Juris Doctor from Syracuse University College of Law.   Mr. Paul Bonavia  Paul Bonavia was Chairman and CEO of UNS Energy and its principal subsidiaries, Tucson Electric Power and UNS Energy Services, from January 2009 to May 2014. He served as Executive Chairman until the sale of the company to Fortis Inc. was completed in August of 2014. He had also served as President until December 2012. Mr. Bonavia worked to establish UNS Energy as a leader in renewable energy and energy efficiency while maintaining safe, affordable, and reliable service to nearly 640,000 utility customers across Arizona. Mr. Bonavia was named by Governor Jan Brewer to the Board of Directors of the Arizona Commerce Authority and has served as a director or trustee of the Southern Arizona Leadership Council (former chairman), Tucson Regional Economic Opportunities (former chairman), United Way of Tucson and Southern Arizona (former chairman), University of Arizona Foundation, Tucson Airport Authority, Edison Electric Institute, Institute for Energy Efficiency and American Wind Energy Association. Before joining UNS Energy, Mr. Bonavia was President of the Utilities Group of Xcel Energy and held senior positions at Dominion Power.  He earned degrees from Drake University and the University of Miami School of Law and completed Harvard Business School's Advanced Management Program.  Mr. Bonavia serves as chair of the board’s Human Resources Committee, and is a member of the Corporate Governance & Strategic Planning Committee and the System Planning Committee.   Mr. Chris Young Chris Young has been Managing Director and Head of the Takeover Defense Practice at Credit Suisse AG and Credit Suisse Group since June 1, 2010. Until May 2010, Mr. Young served as the Director of M&A and Proxy Fight at Institutional Shareholder Services (ISS). While at ISS, Mr. Young was responsible for analyzing contentious M&A transactions, proxy fights and corporate governance issues and providing proxy voting and tender offer recommendations for ISS institutional investor clients. Mr. Young also helped to facilitate a constructive dialogue between ISS institutional investor clients and senior executives and directors of public companies in the US and Europe. Mr. Young is regarded as a leading authority on contested M&A transactions and shareholder activism. Prior to ISS, Mr. Young was a member of the investment banking group at Bear Stearns and the M&A group at Sullivan & Cromwell. Mr. Young is a CFA charter holder, received his JD, magna cum laude, from Boston University and his BS from Georgetown University.   Subscribe to the podcast at iTunes: https://t.co/a70rtSiQnW or SoundCloud: https://soundcloud.com/thomas-linquist Follow Leadership Lyceum on:          Our website: www.LeadershipLyceum.com          LinkedIn: https://www.linkedin.com/in/thomas-linquist-682997          Twitter: @LeaderLyceum https://twitter.com/LeaderLyceum          Email us: info@LeadershipLyceum.com Please subscribe to the Leadership Lyceum at iTunes which will enable future content to come to you automatically.  Rate us and spread the word among your fellow executives and board colleagues.    Your host Thomas B. Linquist is the Founder and Managing Partner of Lyceum Leadership Consulting and Lyceum Leadership Productions. Over his 15 years in management and leadership consulting he has served a wide array of industrial clients.  This includes leadership assessment and search for chief executive officers, chief financial officers, chief operating officers and boards of directors.  He holds an MBA from the University of Chicago and over his 25-year career has served in a variety of roles: as an engineer with Shell Oil Company, a banker with ABN AMRO Bank, and as treasurer was the youngest corporate officer in the 150+ year history at Peoples Energy Company in Chicago.  He is an expert on hiring and promotion decisions and leadership development.  Over the course of his search career, he has interviewed thousands of leaders.  Please subscribe to the Leadership Lyceum in the podcast section at iTunes which will enable future content to come to you automatically. Rate us and spread the word among your fellow executives and board colleagues. Program Disclaimer The only purpose of the podcasts is to educate, inform and entertain. The information shared is based on the collection of experiences of each of the guests interviewed and should not be considered or substituted for professional advice. Guests who speak in this podcast express their own opinions, experience and conclusions, and neither The Leadership Lyceum LLC nor any company providing financial support endorses or opposes any particular content, recommendation or methodology discussed in this podcast. This podcast Leadership Lyceum: A CEO’s Virtual Mentor has been a production of The Leadership Lyceum LLC. Copyright 2017 All rights reserved                

While intentional bias generally is an ugly thing, it's also relatively easy to spot if the will exists to do so. But what about bias where individuals or institutions haven't set out to discriminate -- but the net effect is bias? "[M]uch of discrimination is in fact based on unconscious or implicit bias," says Iris Bohnet, a behavioral economist at Harvard Kennedy School, "where good people like you and me treat people differently based on their looks." At times, even the subjects of implicit bias in essence discriminate against themselves. The Swiss born Bohnet, author of the new book What Works: Gender Equality by Design, studies implicit bias in organizations. In this Social Science Bites podcast, Bohnet tells interviewer David Edmonds that even good-faith efforts to address this bias has so far found little evidence that many of the structural remedies tried so far do in fact have an effect on the underlying bias. This doesn't mean she opposes them; instead, Bohnet works to design effective and proven solutions that work to "de-bias" the real world. Bohnet received her Ph.D. in economics from the University of Zurich in 1997 and joined the Harvard Kennedy School in 1998, where she has served as the academic dean of the Kennedy School, is the director of its Women and Public Policy Program, the co-chair (with Max Bazerman) of the Behavioral Insights Group, an associate director of the Harvard Decision Science Laboratory, and the faculty chair of the executive program “Global Leadership and Public Policy for the 21st Century” for the World Economic Forum’s Young Global Leaders. She serves on the boards of directors of Credit Suisse Group and University of Lucerne.

In this interview, we will cover the Five Attributes of an Effective ERM process and how to integrate ERM with the strategic goals of an organization and make it relevant to everyone. Linh Truong has over 20 years of audit experience is currently Director of Internal Audit at Kosmos Energy, an oil and gas exploration and production company.  Prior to joining Kosmos Energy, Linh worked for Alon USA, Hunt Oil, Xerox, Credit Suisse Group and KPMG.  Her extensive audit career has provided her the opportunity to travel throughout the US, Canada, Europe as well as parts of Africa and the Middle East.    Linh has launched internal audit departments from ground zero and established first year SOX compliance programs as well as spearheaded an Enterprise Risk Management process for two companies. 

Tom Nides is a Managing Director and Vice Chairman of Morgan Stanley, a leading global financial services firm. He focuses on the Firm’s global clients and other key constituencies around the world, serves as a member of the Firm’s Management Committee and Operating Committee, and reports to Morgan Stanley Chief Executive Officer James Gorman. Prior to rejoining the Firm in March 2013 in his current role, Mr. Nides was Deputy Secretary of State, serving as Chief Operating Officer of the Department. Appointed by President Obama, he was confirmed by the Senate on December 22, 2010 and sworn in on January 3, 2011. Previously, Mr. Nides was the Chief Operating Officer of Morgan Stanley from 2005 to 2010. He was an executive officer and served as a member of Morgan Stanley’s Management Committee and Operating Committee. Before joining Morgan Stanley, Mr. Nides served as Worldwide President and Chief Executive Officer of Burson-Marsteller and as Chief Administrative Officer of Credit Suisse First Boston, the investment banking division of Zurich-based Credit Suisse Group. Mr. Nides began his career on Capitol Hill, as Assistant to the Majority Whip of the United States House of Representatives and Executive Assistant to the Speaker of the House. Mr. Nides later served as Senior Vice President of Fannie Mae and as Chief of Staff to the United States Trade Representative. Mr. Nides serves on the Board of the Urban Alliance Foundation, the Atlantic Council and is a Member of the Council on Foreign Relations. Prior to serving in government, Mr. Nides was the Chairman of the Securities Industry and Financial Markets Association and a member of the Advisory Board of the National Zoo. Mr. Nides, a graduate of the University of Minnesota, is married with two children.

This broadcast features the CEO of Credit Suisse Group, Brady Dougan, AB ’81, MBA ’82. Dougan discusses innovation in an industry he feels “recreates itself every 20 years or so.”

This broadcast features the CEO of Credit Suisse Group, Brady Dougan, AB ’81, MBA ’82. Dougan discusses innovation in an industry he feels “recreates itself every 20 years or so.”