How can boards lead with vision and diligence through times of constant disruption, transformation, and scrutiny? This is the question Financial Times explored when it convened its annual Outstanding Directors Exchange (ODX) in New York recently. More than 80 sitting board directors gathered to discuss the top priorities on the governance agenda, including geopolitics, climate, AI, and cybersecurity, among others. Key topics for me: -- Board continuity – I participated in a panel discussion focused on board composition and succession during times of change. Key takeaways included the importance of strategic planning for seamless transitions, fostering diversity to enhance board effectiveness, and maintaining stability while embracing innovation. A big thank you to Agnes Bundy Scanlan, Esq., CIPP, Director at Truist Financial, AppFolio, R1RCM and iCapital; and Howard Woolley, Director at Allianz Life Insurance of North America, and Somos, Inc. for joining me, and to Lindsay Frost, Senior Reporter at Agenda, for moderating. -- Generative AI – Our roundtable discussion on defining corporate risks and opportunities associated with generative AI explored the potential for AI to reshape business models. We also touched on key ethical considerations in AI deployment, and strategies for transforming data into shareholder value. Thanks to Teresa Clarke, Director at Gallagher and American Tower; Sonita Lontoh, Director at Sunrun and TrueBlue Inc.; and Gibran R., Senior Advisor at U.S. Department of the Treasury for their terrific insights, and to Nick Muscavage, Senior Reporter at Agenda, for moderating. Special thanks to the Financial Times for gathering the best and brightest to discuss the board agenda – ODX is always a great chance to exchange views on the most significant issues boards are facing, as well as to reconnect with great friends and colleagues.
David Garfield’s Post
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Founder/COO @ Mustang Innovation, INC | Certified in Packaging
2wDavid, I hope you are doing great. It looks like you are doing well.