To be successful, corporate directors today must address an increasingly complex environment of governmental regulations, rules, and policies. This panel features a former Chairman and Commissioners of the Securities and Exchange Commission (SEC) who will discuss these governance challenges and how boards can effectively manage them.
Kathleen Casey served a five-year term as a commissioner with the U.S. Securities and Exchange Commission, acting as the SEC’s principal representative at the G-20 Financial Stability Board and the International Organization of Securities Commissions. A lawyer with almost two decades of experience in government regulatory policy, Casey is a senior advisor at Patomak Global Partners. She currently serves as a distinguished policy fellow at the Center for Financial Markets and Policy at Georgetown University’s McDonough School of Business. She is also a member of the Library of Congress Trust Fund Board and the Public Company Accounting Oversight Board Advisory Council. Casey received her JD from the
George Mason University School of Law, and her BA in international politics from The Pennsylvania State University.
Cynthia A. Glassman served as a commissioner of the U.S. Securities and
Exchange Commission from 2002-06, including as acting chairman during the
summer of 2005. She was under secretary for Economic Affairs at the U.S. Department of Commerce from 2006-09. Glassman has spent over 40 years in the public and private sectors focusing on
financial services’ regulatory and public policy issues, including 12 years at the Federal Reserve and 15 years in financial services consulting. She is a director of Discover Financial Services and of Navigant Consulting, and a senior research scholar at the Institute for Corporate Responsibility at the George Washington University School of Business. Glassman received an MA and PhD in economics from the University of Pennsylvania and a BA in economics from Wellesley College.
Doug Guthrie, dean, professor of international business, and professor of management at the George Washington University School of Business, is an expert in the fields of economic reform in China, leadership and corporate governance, and corporate social responsibility. Prior to joining GW, Guthrie served as professor of management at New York University’s Leonard N. Stern School of Business. He also held a joint appointment as professor of sociology on NYU’s arts and sciences faculty and was director of executive education at NYU Stern from 2007-09.
Guthrie has held visiting positions at Harvard Business School, INSEAD, and the graduate schools of business at Stanford University, Columbia University, and Emory University. He served as director of the Business Institutions Initiative at the Social Science Research Council (1999-2003) and was the academic director of the Berlin School of Creative Leadership from 2008-11.
Guthrie holds an AB in East Asian languages and civilizations with a concentration in Chinese literature from the University of Chicago. He earned his master’s and PhD degrees in organizational sociology from the University of California, Berkeley. Fluent in Mandarin Chinese, Guthrie studied in Taipei, Taiwan, during his undergraduate years and conducted his doctoral research in Shanghai, China.
Guthrie has authored, co-authored, and edited numerous books, articles, and reports on Chinese economic reform, leadership, and corporate social responsibility. His doctoral research was
recognized with the American Sociological Association’s national award for top dissertation in the field in 1997. He has also been the recipient of teaching awards, best paper awards, and grants from the Ford and Alfred P. Sloan foundations.
Annette Nazareth joined the U.S. Securities and Exchange Commission staff in 1998 as senior counsel to Chairman Arthur Levitt and then served as interim director of the Division of Investment Management. She served as director of the Division of Market Regulation (now the Division of Trading and Markets) from 1999 to 2005. In 2005, she was appointed an SEC commissioner, serving until 2008. Since leaving the SEC, Nazareth has worked with the Group of Thirty. Earlier in her career, she held a number of senior legal positions at several investment banks. She is currently a partner at Davis Polk, practicing in the Financial Institutions Group and working closely with the firm’s SEC enforcement practice, counseling nonfinancial sector corporations that are subject to government regulatory and enforcement actions.
Aulana L. Peters served as a commissioner of the U.S. Securities and
Exchange Commission from 1984-88. A retired partner of the law firm of
Gibson, Dunn & Crutcher, Peters also served on the Public Oversight Board of the American Institute of Certified Public Accountants, the Financial Accounting Standards Board Steering
Committee for its Financial Reporting Project, and as a member of the Public Oversight Board’s Panel on Audit Effectiveness. Currently, Peters is a member of the U.S. Comptroller General’s
Accountability Advisory Council, the International Public Interest Oversight Board, and the Mayo Clinic’s board of trustees. She is on the boards of directors of 3M Corporation, Northrop Grumman, and Deere & Company. She was also a director at Merrill Lynch & Co., Inc.
Mary L. Schapiro served as the 29th chairman of the U.S. Securities and
Exchange Commission—the first woman to serve as the agency’s permanent chairman. During her 2009-12 tenure, the SEC brought a record number of enforcement actions; pursued scores of individuals and entities in connection with the financial crisis; bolstered
the resilience of U.S. equity market structure and reduced the likelihood of another “flash crash”; presided over one of the busiest rulemaking agendas in its history; obtained significant responsibilities for derivatives, hedge funds and credit rating agencies as a result of financial reform legislation; and underwent a comprehensive restructuring to become more effective in its investor protection mission. Prior to becoming SEC chairman, Schapiro was CEO of the Financial Industry Regulatory Authority (FINRA), and served as a director on the boards of Kraft Foods and Duke Energy.