Risk: It's a Board's Game - November 6, 2019

What is Risk: It’s a Board’s Game?

Running a company in the best of times is complicated. We are, however, living in turbulent times. Legal, economic, technological, political, and societal issues can all bring both opportunities and greater risks to corporate America. Even the basic premise that creation of shareholder value is the paramount goal of any financially healthy company has recently been challenged by some titans of industry. For private companies the risks can be even more significant. Here is your opportunity to mix, mingle and exchange ideas with those executives, board members and advisors who help navigate their corporations paths.

Don’t Miss Out On This Event. Space is Limited.
Reserve the afternoon of November 6th for a very special half-day educational and networking symposium at the NYC office of Kirkland & Ellis LLP at which leading advisors to boards of directors will discuss some of the issues facing companies of all sizes. Space will be limited. Please email info@privatedirectorsymposium.com with any questions.

Agenda

3:30 : Registration Opens & Networking

4:00 – 4:05 pm : Introductory Remarks

4:10 – 4:50 pm : Panel #1 – Anticipating, Avoiding & Abating Risk
How can a board help to foster a risk-focused corporate culture? What is the risk oversight function of the board? What are the most common risk-scenarios boards deal with? What steps should a board take when it becomes aware of such a situation?

Panelists:

Jay Heilbrunn, President – The Distributor Board Inc.
Sabastian V. Niles, Partner – Wachtell, Lipton, Rosen & Katz
Carin Robinson, Director Family Enterprise Advisory Services – PwC
Elizabeth Vandesteeg, Partner – Sugar Felsenthal Grais & Helsinger LLP, Moderator

4:50 – 5:05 pm : Q&A

5:05 – 5:15 pm : Break

5:15 – 5:55 pm : Panel #2- What’s a Board to Do (and Not Do) in an Existential Crisis
Some risks evolve into full-blown crises that can threaten the very existence of the corporation. What should a board do in these circumstances? What should it not do? To whom is the board’s duty owed when a crisis threatens the solvency of the corporation?

Panelists:

Professor Stephen Lubben, Seton Hall Law School
Alan Miller, Weil Gotshal (retired)
Chief Judge Cecelia Morris, United States Bankruptcy Court for the Southern District of New York
James H.M. Sprayregen, Partner – Kirkland & Ellis, LLP, Moderator

5:55 – 6:10 pm : Q&A

6:10 – 8:00 pm : Cocktail Reception