Enhancing audit committee leadership and influence
Audit committees play an extraordinarily important role in corporate governance. They are a critical player in establishing confidence and trust in capital markets by ensuring high-quality, reliable financial reporting. In addition, many audit committees are now charged with overseeing additional risks, including vitally important areas such as cybersecurity.
Chairing the audit committee of a large public company is difficult. There are no one-size-fits-all solutions. Success requires judgment, developed from personal experience and insight from others who have faced similar situations.
Since 2010, the Northeast Audit Committee Networks (NEACN) has helped its members—the chairs of the audit committees at large public companies—succeed. Four times each year, Northeast members gather for a confidential group discussion. The conversations sometimes feature world-class guests, but the members’ voices dominate, and the agendas are driven by the audit chairs.
Tapestry Networks orchestrates the network, building on 15 years of convening board leaders in meaningful conversations. Tapestry helps members prepare for meetings with insightful, original reading material that draws upon tailored research and pre-meeting interviews with members and other leading thinkers. The meetings are synthesized into post-meeting publications that can be shared with colleagues. Everything is done under a non-attribution agreement that ensures candor and protects personal and company confidentiality.
Our members include:
- Virginia Addicott, CDW
- Bert Alfonso, Eastman Chemical Company
- Tracy Atkinson, Raytheon Company
- Bob Bedingfield, SAIC and GeoPark
- Carl Berquist, Beacon Roofing Supply
- Bill Creekmuir, Party City
- Charles Dockendorff, Boston Scientific, Hologic, Inc. and Keysight Technologies, Inc.
- Steve Elliott, PPL Corporation
- Lon Greenberg, AmerisourceBergen
- Pat Gross, Waste Management
- Mary Guilfoile, Interpublic Group
- Michael Hines, Dunkin’ Brands and TJX
- Brian Hudson, Erie Indemnity
- Paul Joubert, Ares
- Christie Kelly, Park Hotels and Resorts
- Lew Kramer, L3 Technologies, Inc.
- Jim Lawrence, Avnet and AerCap Holdings N.V.
- Gracia Martore, WestRock
- Carl Nelson, Worthington Industries
- Terry O’Donnell, ePlus
- Craig Owens, The J.C. Penney Company & Dean Foods Company
- Marianne Parrs, Stanley Black & Decker, Inc.
- Mike Ranger, Covanta
- Bertram Scott, Becton, Dickenson and Company
- Leslie Seidman, Moody’s
- Bill Shaw, The Carlyle Group
- Raymond Svider, Altice
- Doreen Toben, ARRIS International and The New York Times Company
- John Viehmeyer, Ford Motor Company
- Brad Warner, Capital One
- Ron Waters, Fortune Brands Home and Security
- Greg Weaver, Verizon
- Tim Yates, CommSpace