Advisory Council on Risk Oversight

Advisory Council on Risk Oversight

In support of a sustainable and profitable corporate America, the National Association of Corporate Directors (NACD) created the Advisory Council on Risk Oversight in 2012. Since then, this council has brought risk and audit committee chairs from Fortune 500 companies together with investors, regulators, and other stakeholders to explore ways to strengthen corporate governance in general and the work of the risk committee in particular.

PwC and Sidley Austin LLP collaborate with NACD in convening and leading the council.

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Participation
 

Confidential
Meetings and teleconferences are conducted under a modified version of the Chatham House Rule to maintain an environment for candid dialogue. No outside media is present at advisory council meetings. All delegates participate on their own behalf.

Cost
There is no cost associated with council participation other than travel expenses.

Commitment
Conversation is ongoing, punctuated by semi-annual meetings, typically from 8:30 a.m. - 2:00 p.m., in Washington, D.C. or New York City. Debrief conference calls for non-attending delegates follow each in-person meeting.

Delegates*
 
  • TRACY A. ATKINSON
    Raytheon Co.
  • MAUREEN A. BREAKIRON-EVANS
    Cognizant Technology Solutions Corp.
  • PATRICK J. CONDON
    Entergy Corp.
  • ELYSE DOUGLAS
    Assurant Inc.
  • STEVEN G. ELLIOTT
    PPL Corp.
  • JUAN R. FIGUEREO
    PVH Corp.
  • MARTHA C. GOSS
    American Water Works Co. Inc.
  • ROBERT C. GREVING
    CNO Financial Group Inc.
  • PATRICK W. GROSS
    Waste Management Inc.
  • MICHAEL W. HEWATT
    DR Horton Inc.
  • RENÉE J. HORNBAKER
    Eastman Chemical Company
  • SARA G. LEWIS
    Weyerhaeuser Co.
  • LETITIA ANNE LONG
    Raytheon Co.
  • MARY PAT MCCARTHY
    Andeavor
  • PATRICIA A. OELRICH
    Federal Home Loan Banks Office of Finance
  • RICHARD W. ROEDEL
    IHS Markit
  • GLORIA L. SANTONA
    Aon
  • HON. LYNN A. SCHENK
    Biogen Inc., Sempra Energy Corp.
  • SHERRY M. SMITH
    Deere & Co.
  • GREGORY C. SMITH
    Lear Corp.
  • PHILLIP R. SMITH
    CenterPoint Energy, Inc.
  • ROBERT W. STEIN
    Assurant Inc.
  • WENDY A. WATSON
    Citizens Financial Group, Inc.
  • STEPHEN R. WILSON
    Huntington Ingalls Industries

*This list of recent participants is representative, not comprehensive. Delegates participate on their own behalf, and listed companies correspond to delegates' risk oversight committee chair roles at time of participation. Council rosters are subject to change.

Our Mission
 

NACD believes that the dialogue facilitated by the four advisory councils is vital to advancing the shared, overarching goal of all boards, investors, and regulators: a sustainable, profitable, and thriving corporate America.