Podcasts about fifth third bancorp

APAC stocks were mixed as the initial risk-on sentiment after US President Trump refrained from imposing tariffs on day one faded.US President Trump said he is thinking of 25% tariffs on Mexico and Canada and thinks that they will do it on February 1st.European equity futures indicate a lower cash open with Euro Stoxx 50 future down 0.4% after the cash market closed with gains of 0.3% on Monday.DXY is attempting to recoup some of its recent losses, CAD lags, antipodeans soft, EUR/USD back below 1.04.Looking ahead, highlights include UK Jobs, German ZEW, Canadian CPI, NZ CPI (Q4), Supply from Germany, Earnings from Charles Schwab Corp, D.R. Horton, KeyCorp, 3M, Fifth Third Bancorp, Prologis, Netflix, United Airlines, Capital One Financial Corp, Abrdn & Ericsson.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

European bourses are modestly firmer, US futures edge higher with the RTY outperforming ahead of the first full day of trade as Trump returns to office.USD bounces back from Monday's selling as tariff threats loom; the Loonie underperforms as Trump signals tariffs on Canada & Mexico.Benchmarks have pared initial early morning upside, with USTs a little firmer whilst Bunds dip into the red.Crude and base metals on the backfoot amid Trump tariff rhetoric.Looking ahead, Canadian CPI, NZ CPI (Q4), Earnings from Charles Schwab Corp, D.R. Horton, KeyCorp, 3M Company, Fifth Third Bancorp, Forestar Group Inc., Prologis, Netflix, United Airlines, Interactive Brokers Group Inc, Seagate Technology plc, Progress Software Corp., Capital One Financial Corp.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

Fifth Third Bancorp President & CEO Tim Spence discusses meeting deposit expectations for the third quarter and the bank's expansion plans. He speaks with Bloomberg's Sonali Basak, Katie Greifeld and Matt Miller.See omnystudio.com/listener for privacy information.

Interest rates rose as weekly jobless claims fell more than expected, while private employers added 164,000 jobs, much more than expected. Merck and Amgen outperformed in the Dow Jones. Financial stocks also did well. Apollo Management and Novo Nordisk gave buy signals, while Fifth Third Bancorp continues to show strength and support ahead of a busy week of earnings reports in the financial sector.

Today Jack interviews William “Bill” Isaac, who served as Chair of the Federal Deposit Insurance Corporation (FDIC) from 1981 to 1985. Isaac recounts his handling of large bank failures in the 1970s and 1980s, including the collapse of Continental Illinois, which was the largest FDIC takeover until Washington Mutual in 2008. Isaac argues that at the core of banking issues is fiscal imprudence by the U.S. Congress which has caused inflation and rate volatility. Filmed on August 16, 2023. Today's interview is sponsored by Blockfills, a crypto trading solutions and financial technology firm. Follow Jack Farley on Twitter https://twitter.com/JackFarley96 Follow Forward Guidance on Twitter https://twitter.com/ForwardGuidance Follow Blockworks on Twitter https://twitter.com/Blockworks_ William "Bill" Isaac is Chairman of Secura/Isaac Group, a global advisory firm serving the financial services industry. Bill has an unparalleled career in the financial industry and public service, spanning over 50 years. He served as Chairman of the Federal Deposit Insurance Corporation (FDIC) from 1978 through 1985, working to maintain stability during the banking and thrift crises of the 1980s, when over 3,000 banks and thrifts failed. He also served as Chairman of Fifth Third Bancorp. For more information on Bill's past and current work, visit securaisaac.com ____ Timecodes: (00:00) Introduction (00:31) Bill's Early Journey To The FDIC (03:23) Anatomy Of A Bank Failure (12:40) Does Technology Hasten Bank Runs? (21:30) Impact of High Interest Rates On Banking System (31:01) Fiscal Policy Is Out Of Control (40:48) Federal Reserve Should Play A Role In Fiscal Matters, Says Former FDIC Chair (49:07) Is Inflation Itself, And Not Debt, The True Problem? (Modern Monetary Theory) (56:10) Two Reasons Why Banks Fall (On Asset Side): Credit & Duration (01:08:28) Are Banking Issues In The U.S. Systemic? (01:16:42) Debating The Need For Zero Interest Rates After the 2008 Great Financial Crisis (GFC) ____ Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.Timecodes:

Episode Summary In today's rapidly evolving marketing landscape, the need for digital transformation in the financial services industry has become crucial. As customers increasingly expect seamless experiences, striking the right balance between digital and in-person services can be a challenge. In this episode, we discuss how Fifth Third Bank embraces digital transformations while prioritizing customer support and human interaction. Explore the role of marketing in driving successful digital transformations and creating impactful customer experiences. About the Guest Melissa is an executive vice president and chief marketing officer for Fifth Third Bancorp. She is responsible for ensuring a client-centered, digital-first approach to all areas of the Bank. She also oversees the Bank's Enterprise Workplace Services and Corporate Communications organizations. Melissa joined Fifth Third in May 2016 and has been integral to the Bank's transformation to thrive in the digital world. She has designed an integrated and seamless customer experience across the organization. Connect with Melissa Stevens Key Takeaways - A key part of balancing digital and in-person services is to ensure that customers feel supported throughout their journey without overly relying on digital or automated solutions. - It's important to combine meaningful conversations with quality data, insights, and integrations to help solve customer problems more effectively and point them to the right tools and solutions.  - Success in digital transformations requires understanding the "why," "how," and the people involved. Evaluate technology, processes, and people to make necessary adjustments and raise expectations based on customer experiences and the competitive landscape. Quote “It's not about marketing a product or hacking a product or service, it's about understanding those business' needs, understanding those institutions' needs and bringing them thought leadership, bringing them a great partnership.” – Melissa Stevens Recommended Resources Books:  The Best Interface Is No Interface by Golden Krishna  Start with WHY by Simon Sinek Learned Optimism: How to Change Your Mind and Your Life by Martin E. P. Seligman Shout-out Devika Mathrani - Chief Marketing & Communications Officer (CMO) at NewYork-Presbyterian Hospital  ⁠⁠Connect with Melissa Stevens⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Follow us on LinkedIn ⁠⁠⁠ | Website

Janice Ellig is joined by Tim Spence, Director, President & CEO of Fifth Third Bancorp, to discuss how Fifth Third is improving lives in the markets it serves through community involvement and how Fifth Third is continuing to be a leader in banking. tags: lr, janice ellig, tim spence, fifththird, 5/3, banking, finance, money, leadership, ceo, economics, business

Saema Somalya is EVP for Legal and Risk, General Counsel and Corporate Secretary for Remitly Global, Inc., where she leads the Legal, Compliance Risk and Privacy teams. Prior to joining Remitly, she was senior vice president, deputy general counsel (corporate) and assistant secretary at Fifth Third Bancorp and Fifth Third Bank, N.A. and senior vice president, general counsel and corporate secretary at Warren Resources, Inc.Previously, she served as senior legal director and corporate counsel to PepsiCo, Inc. Ms. Somelya began her career as an associate in Davis Polk's Capital Markets group. Ms. Somalya is also active in industry, community and civil rights forums and serves as the Board Chairman for Muslim Advocates, a national civil rights advocacy organization. She earned a B.A. in international relations and affairs from Yale University and a J.D. from Yale Law School. She is British born, American raised and lives in the Seattle area with her husband and daughter. Hosted on Acast. See acast.com/privacy for more information.

Peter Winter talks regional banks, saying that the 2022 outlook is very positive, while average loan growth accelerated in 4Q. His top picks in the space are Citizens Financial Group, Huntington Bancshares, and Fifth Third Bancorp - while his mid-cap top picks are Customers Bancorp, Signature Bank, East West Bancorp, SVB Financial, Silvergate Capital, and Western Alliance.

602: In this interview, Greg Carmichael, CEO of Fifth Third Bancorp, describes his journey from CIO to CEO at the company and why now is the best time for other CIOs to begin their journey. He also gives his perspective on how the CIO role presents a solid foundation for advancement to the CEO post. Jude Schramm, CIO of Fifth Third, then shares how technology is becoming a fabric of how the company operates and how the pandemic helped accelerate the company's digital capabilities, changing the way the company looks at cybersecurity. Finally, Jude talks about the benefits of having a CEO cognizant of the CIO role, and Greg shares some of the trends in technology that he is excited about in the future.

602: In this interview, Greg Carmichael, CEO of Fifth Third Bancorp, describes his journey from CIO to CEO at the company and why now is the best time for other CIOs to begin their journey. He also gives his perspective on how the CIO role presents a solid foundation for advancement to the CEO post. Jude Schramm, CIO of Fifth Third, then shares how technology is becoming a fabric of how the company operates and how the pandemic helped accelerate the company's digital capabilities, changing the way the company looks at cybersecurity. Finally, Jude talks about the benefits of having a CEO cognizant of the CIO role, and Greg shares some of the trends in technology that he is excited about in the future.

De-Revlon-ingLast August, Citigroup Inc. accidentally wired $900 million to some hedge funds to pay off a syndicated loan for Revlon Inc. The money di... decisiontalked about this last monthXtract Researchit never gets removedHertz, the Original Meme Stock, Is Turning Out to Be WorthlessTwenty-nine millionthe stock went upwas liketold Hertz to knock it offsaid the prospectusthis is what he getstwowent public in Augustsigned a merger agreementFifth Third Bancorpwrote yesterday1.12 Acquisition Corpwrote yesterday2017 Bloomberg Businessweek profileYoung has a SPAC nowhmminvestor deckMichael Santoli points outwith Fidelity insteada video on Twitterstocks only go upand whichnotes Bloomberg NewsAhInstagram.com/thetinderblogpossibly becauseProblems BuildWrongly Booked Gupta Claimscontentious funding toolbond market liquidityAccelerate PaymentESG Funds Into 401(k)sBitcoin ETFWay AheadHarmed YaleLambosubscribe at this linkhereAndrew Walker on Twitter

As a top banking executive with Fifth Third Bancorp, Kris Garrett has always been ambitious and driven with a strong work ethic. During a time of employee feedback, she learned the value of being more vulnerable and reinforcing that she trusted her staff, which enhanced her leadership. Kris and her husband made the decision for their family and the raising of their sons that only one of them should work, so her husband sold his business and was primarily responsible for their sons. At this stage of her career, through her experience she’s learned to embrace being vulnerable as she leads with grace and wisdom. LeadingShe.com Instagram.com/LeadingShe Facebook.com/LeadingShe https://www.linkedin.com/company/leadingshe/

Kevin Kabat, former CEO of Fifth Third Bancorp and current board member of NiSource and Unum Group, discusses how executive reactions in a crisis shape the future of the company.

Greg Carmichael entered the banking industry as a mid-career technology executive, and that’s shaped his perspective on the challenges facing banks today. “Financial services was ripe for the opportunity to use technology different to change the business model,” he says. On the ABA Banking Journal Podcast, Carmichael — the chairman and CEO of Fifth Third Bancorp in Cincinnati — discusses: The strategic investments that Fifth Third has made to enhance its ability to serve its customers and improve its operations His “buy-partner-build” approach to innovation Creative products designed to help millennials pay down student debt and help consumers understand their own spending patterns Fifth Third’s Express Banking product, which is designed to help the unbanked access banking services in a safe and convenient way

The key to nurturing employee commitment goes far beyond the corporate mission statement or the latest C-suite buzzwords. Yet some banks have managed to create a great culture that fosters dedication, happiness and loyalty. On our podcast, Teresa Tanner of Fifth Third Bancorp discusses the fine points of employee engagement.

The Philanthropy Episode – A Holiday Double Feature A CEO’s Virtual Mentor® Episode 14 Holiday greetings from The Leadership Lyceum!  Welcome to our 14th episode of the podcast. ‘Tis the season of giving and we give you our holiday gift in the form of this holiday special double episode on Philanthropy.  We’ll cover the subject from a few different angles. First. from the perspective of the giver – with our first guest, University of Chicago benefactor Bernard DelGiorno.  Bernie also advises his clients on charitable giving in his role in private wealth management at UBS. Next, from the angle of the recipient.  We’ll glean the perspectives of Jennifer Sampson, CEO of The United Way of Metropolitan Dallas.  Jennifer led a remarkable turnaround in Dallas and has led the development of programs that fund impactful and innovative social entrepreneurship.  Finally, we 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 the CEOs that we feature have the ultra-cool distinction of being board members of the Rock and Roll Hall of Fame.  We feature the music of the CEO band, Power Chords throughout the music interludes in the program.  Segment I: Bernard DelGiorno, University of Chicago benefactor Segment II: Jennifer Sampson, CEO of the United Way of Metropolitan Dallas Segment III: The Ohio CEO band for charity - The Power Chords.  Perhaps it is not widely known that there is a group of several CEOs in Ohio have given their musical talent and time to charitable fundraising events.  One band that raises money for the Rock and Roll Hall of Fame includes three of the Rock and Roll Hall of Fame board members: Drums: Nick Akins, CEO of utility AEP in Columbus; Guitars, vocals and keyboards: George Barrett, CEO of Cardinal Health; Guitars: Dr. Michael Drake, President of The Ohio State University and; Bass: Greg Harris, President of the Rock and Roll Hall of Fame.  Another band, The Power Chords, includes Akins and Barrett, plus multi-instrument virtuoso and vocalist Joe Hamrock, the CEO of utility NiSource.  Segment III is my coverage of The Power Chords at their Thursday, September 28th evening gig fundraiser for the Mid-Ohio Foodbank in Grove City, Ohio, outside Columbus. Conclusion  We hope you enjoyed this holiday season episode of A CEO’s Virtual Mentor and the fitting subject of Philanthropy from its many different angles.  It’s clear across all of these segments the devotion of our guests to something larger than themselves.  Famous Last Words We close our episode in Lyceum tradition with Famous Last Words.  It’s December 24, 1941.  Christmas Eve.  Just 17 days after the Japanese attack on Pearl Harbor.  President Franklin D. Roosevelt lights the White House Christmas tree and is joined in this, his 9th ceremonial act (pre-presidential term-limits) by Prime Minister Winston Churchill, who was in Washington for the Arcadia Conference, the first wartime conference between these two close allies since the US entrance into World War II just 16 days prior on December 8th. Try as I might to edit this down for our 21st Century attention spans and our improved discourse efficiency at between 140 to 280 characters, with the fate of the world hanging in the balance, I lacked the courage to cut.  Use a bookmark, because it’s well worth a listen.  On this day, 76 years ago, two of the 20th century’s most monumental figures took the stage with two purposes.  On the surface, they took to the microphone to announce the lighting of a tree.  But in their soaring speeches, they made clear the principles for which they had now committed both of their nations.  The overtones and undertones are thought-provoking and revealing for our current state of sensibility.  Warm wishes for the holidays and for your resolve for the New Year. 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. Program Guide Episode 14 The Philanthropy Episode   0:19        Introduction 0:29        Introduction to specific programming in this Episode 14 2:38        Segment I: Bernard DelGiorno, University of Chicago Benefactor 23:05      Segment II: Jennifer Sampson, CEO of The United Way of Metropolitan Dallas 53:20      Segment III: The Power Chords, Benefit Concert 54:18      Nick Akins CEO of AEP 57:19      Matt Habash, CEO of Mid-Ohio Foodbank 1:04:26   Nick Akins CEO of AEP 1:08:03   George Barrett, CEO of Cardinal Health 1:12:12   Joe Hamrock CEO of NiSource 1:13:04   Nick Akins CEO of AEP & Joe Hamrock CEO of NiSource 1:22:42   Conclusion and Famous Last Words with Franklin Roosevelt and Winston Churchill (Christmas 1941).    Informative and Helpful Links  Our Sponsor – TransparentCareer https://www.transparentcareer.com   Board Game: Tesla vs Edison War of Currents To ensure pre-Christmas arrival, order your game now through Amazon at www.artana.com/store   Segment I – The Benefactor – Mr. Bernard DelGiorno Article on University of Chicago Alumni Service Medal Award Recipient: http://www.kintera.org/site/c.fnKDIQNsEkG/b.5179039/k.9C22/Bernard_DelGiorno.htm   Segment II – The Recipient – Jennifer Sampson, CEO of the United Way of Metropolitan Dallas https://unitedwaydallas.org/   Segment III – Giving Charitable Talents – Ohio's Rock and Roll CEOs The Rock and Roll Hall of Fame CEO Band: http://www.shadowboxlive.org/shows/are-you-ready-to-rock The Power Chords: https://aepretirees.com/2012/10/08/harvest-palooza-raises-50000-to-fight-hunger/ Rock and Roll Hall of Fame: https://www.rockhall.com   Famous Last Words Historical Background on the Darkest Days of World War II – 17 days after Pearl Harbor – FDR and Churchill Together in Washington Christmas Tree Lighting Ceremony http://www.smithsonianmag.com/history/darkest-days-world-war-ii-winston-churchills-visit-white-house-brought-hope-washington-180961798/   The Full Audio of FDR and Churchill’s Speeches on December 24th 1941 Christmas Tree Lighting Ceremony in Washington https://archive.org/details/PresidentFranklinRoosevelt411224WhiteHouseChristmasTreeCeremony   Biographies of Guests    Mr. Bernard DelGiorno Donor profile from the University of Chicago Alumni & Friends online community: http://www.kintera.org/site/c.fnKDIQNsEkG/b.5179039/k.9C22/Bernard_DelGiorno.htm   Ms. Jennifer Sampson Ms. Jennifer Sampson has been Chief Executive Officer and President of United Way of Metropolitan Dallas since September 13, 2011. Ms. Sampson served as an Executive Vice President and Chief Operating Officer at United Way of Metropolitan Dallas Inc. since 2004. Ms. Sampson serves as a Member of Customer Advisory Board at Atmos Energy Corp.   Mr. Nick Akins Nick Akins is chairman, president and chief executive officer of American Electric Power. He is AEP’s 11th chairman, 10th president and sixth CEO in the company’s more than 100-year history. He is a member of AEP’s board of directors and is the only management representative on the board. Akins rose through the ranks at both AEP and the former Central and South West Corp. (CSW), which merged with AEP in 2000. Akins began his career in 1982 as an electrical engineer before moving up to positions of increasing responsibility. Prior to being elected president of AEP in December 2010, he served as executive vice president - Generation from 2006 through 2010 with responsibility for all generation activities of AEP’s approximately 38,000 MW of generation resources. Previously, he served as president and chief operating officer for Southwestern Electric Power Company, and held other leadership roles in Energy Marketing Services, Transmission, External Affairs and Industry Restructuring. A native of Louisiana, Akins received his bachelor’s degree in 1982 in electric engineering from Louisiana Tech University in Ruston and a master’s degree in electrical engineering in 1986 from Louisiana Tech. Additional training includes executive management programs at Louisiana State University, the University of Idaho and the Reactor Technology Course for Utility Executives at the Massachusetts Institute of Technology. He is a registered professional engineer in Texas. Akins is a former chairman of the Board of Directors of both the Edison Electric Institute (EEI) and the Electric Power Research Institute (EPRI), and currently serves on both boards. He is a member of the Executive Committee of the Business Roundtable (BRT) and was appointed chair of the BRT's Energy and Environment Committee. Additionally, he is a member of the boards of the Nuclear Energy Institute (NEI), Global Sustainable Electricity Partnership (GSEP), The Columbus Partnership, Columbus Downtown Development Corporation, Nuclear Electric Insurance Limited (NEIL), Fifth Third Bancorp, OhioHealth and the Rock and Roll Hall of Fame and Museum. Akins and his wife, Donna, live in Dublin, Ohio. They have two adult sons.   Matt Habash, CEO of Mid-Ohio Foodbank Matt Habash became executive director of Mid-Ohio Foodbank in 1984.  Prior to that, Matt was with the St. Stephen’s Community House, first as a youth worker and then as the assistant to the executive director.  Matt also was a member of Columbus City Council from 1993 to 2006, serving as Council President from 1999 to 2006. As Council President, Matt governed with civility and humanity.  Co-Chair with Columbus Mayor Michael B. Coleman, Matt led the 21st Century Growth initiative, a plan designed to balance job creation with sustainable neighborhood development.  Other efforts spearheaded by Matt in his role as Council President was the 315 Research Corridor, the City’s Indoor Clean Air Act and the City’s Bike Path Plan.  He holds a Masters of Business Administration from Xavier University, a Masters of Public Policy from The Ohio State University, and a Bachelor of Arts in philosophy from Xavier University. Matt takes an active leadership role in the community, having served on numerous boards and has received numerous awards, recognizing his commitment and work in serving those most vulnerable.   Mr. Joe Hamrock Joe Hamrock serves as NiSource President and Chief Executive Officer. He has been in this role since July 1, 2015, and is also a member of the NiSource Board of Directors. Joe previously served as Executive Vice President and Group CEO for NiSource's Gas Distribution segment, which included local gas distribution companies in Kentucky, Maryland, Massachusetts, Ohio, Pennsylvania and Virginia. In that role, he was responsible for all financial, operational, regulatory and commercial performance at NiSource's gas distribution operations. In coordination with leadership teams across each of these areas, he focused on driving the company's long-term growth plan, premised on executing a steady stream of infrastructure improvements and growth investments, synchronized with complementary regulatory and customer program initiatives. Joe joined NiSource in May 2012 after serving in a variety of senior executive positions with American Electric Power (AEP), including President and Chief Operating Officer of AEP Ohio, and roles in engineering, transmission and distribution operations, customer service, marketing and information technology. He began his energy industry career as an electrical engineer in transmission and distribution planning at AEP in Steubenville, Ohio. He went on to work in commercial and industrial customer services, and held leadership roles in commercial marketing and customer services, strategic development and other executive roles. Prior to becoming President of AEP Ohio, Joe was Senior Vice President and Chief Information Officer in AEP's Shared Services organization from 2003-2007, and from 2002 to 2003 was Senior Vice President - General Services. Joe serves on the boards of the American Gas Association, Columbus Downtown Development Corp., the Columbus Partnership, the Greater Columbus Sports Commission and OhioHealth. He holds a bachelor's degree in electrical engineering from Youngstown State University and a master's degree in business administration from the Massachusetts Institute of Technology, where he was a Sloan fellow.   Mr. George Barrett George S. Barrett is chairman and chief executive officer of Cardinal Health, a company ranked among the top 25 on the Fortune 500 and dedicated to improving the cost-effectiveness of health care. Barrett has refocused Cardinal Health on its essential role in supporting hospitals, pharmacies and alternative sites of care in their efforts to improve the quality and safety of patient care, while reducing costs and improving efficiency.  The tagline – Essential to care – embodies the company’s strategy and the culture of the organization. Barrett has been chairman and CEO of Cardinal Health since 2009.  He joined the company in 2008 as vice chairman and CEO of the company’s Healthcare Supply Chain Services. From 2005 to end-2007, Barrett served as president and CEO of North America for Teva Pharmaceutical Industries.  During 2007, he also served as corporate executive vice president for Global Pharmaceutical Markets.  He held the position of president of Teva USA from 1999 to end-2004. Prior to joining Teva, Barrett held various positions with Alpharma Inc., serving as president of US Pharmaceuticals from 1994 to 1997, and president of NMC Laboratories, prior to its acquisition by Alpharma in 1990.  Barrett serves on the board of directors of the Federal Reserve Bank of Cleveland, Nationwide Children’s Hospital and the board of trustees of the Corporation of Brown University. He is a member of the Healthcare Leadership Council and The Conference Board. He is also a member of the Business Roundtable, The Business Council and The Columbus Partnership. Barrett also serves on the board of directors of the Rock and Roll Hall of Fame. Barrett earned his Bachelor of Arts degree from Brown University and a Master of Business Administration from New York University.  He also holds an Honorary Doctor of Humane Letters degree from Long Island University’s Arnold & Marie Schwartz College of Pharmacy and Health Sciences.   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: A CEO’s Virtual Mentor® 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: A CEO’s Virtual Mentor® 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 podcast 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.

The Henssler experts round out the "Money Talks" show answering a variety of listener questions, including some on Jones Lang LaSalle, publicly traded companies run by women, and Medicare part C. They also discuss stocks Hasbro, Dunkin Brands, and Fifth Third Bancorp.

On January 25, 2016, the Supreme Court decided Amgen Inc v. Harris without oral argument. Former employees of an Amgen subsidiary had participated in a benefit plan that offered ownership of Amgen stock. When the value of Amgen stock fell in 2007, stockholders filed a class action against plan fiduciaries alleging a breach of fiduciary duties, including the duty of prudence, under the Employee Retirement Income Security Act of 1974. Although the U.S. Court of Appeals for the Ninth Circuit initially reversed a district court decision dismissing the class action complaint, the U.S. Supreme Court then vacated the Ninth Circuit’s judgment and remanded the case in light of the Supreme Court’s then-recent decision Fifth Third Bancorp v. Dudenhoeffer, which set forth the standards for stating a claim for breach of the duty of prudence against fiduciaries who manage employee stock ownership plans. -- On remand, the Ninth Circuit reiterated its conclusion that the plaintiffs’ complaint stated a claim for breach of fiduciary duty, and the Supreme Court again granted certiorari. In a per curiam opinion the Court reversed the judgment of the Ninth Circuit by a vote of 9-0, holding that the Circuit had failed to properly evaluate the complaint. In its current form, the Supreme Court concluded, the complaint failed to state a claim for breach of the duty of prudence. In remanding the case, however, the Court indicated that the district court could decide in the first instance whether the stockholders might amend their complaint in order to adequately plead a claim for breach of the duty of prudence. -- To discuss the case, we have George T. Conway III, who is Partner, Litigation at Wachtell, Lipton, Rosen & Katz.

A case in which the Court held that a trustee of an employee stock ownership plan is subject to the same duty of prudence as the trustee of a Employee Retirement Income Security Act.