2022 Convening Agenda

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LCDA 7th Annual Board Leaders Convening and Fall BRI

The Latino Corporate Directors Association (LCDA) 7th Annual Board Leaders Convening, Now is Our Time: Capitalizing on the Opportunity, will take place October 25-26 in New York City, hosted by Morgan Stanley.  LCDA's Annual Convening is an invitation-only event for intimate peer learning and networking, that includes LCDA Members, CEOs, and Latino board-ready C-suite executives. Our corporate, private equity, and search firm partners also participate in the event.

5:30 - 7:30 PM

Opening Reception, Hosted by Mutual of America, CEO, John Greed

Mutual of America Building
320 Park Avenue
(Park Avenue between 50th and 51st Streets)

All Convening sessions take place at the Marriott Marquis Times Square.


7:00 AM – 6:00 PM

Registration

9th Floor Terrace

8:00 – 9:00 AM

Continental Breakfast

9th Floor Terrace

9:15 - 10:15 AM

LCDA MEMBERS: Regional Networking

Small group networking by region discussing how directors can work together to advance Latino inclusion on boards, in the C-suite, and in our community‘s civic and economic life.

Soho Complex,
7th Floor

10:30 – 11: 15 AM

LCDA MEMBERS: Peer Exchanges

Members will be divided into groups of experienced directors and aspiring directors and have an opportunity to network and share the challenges and successes they are confronting in the boardroom or in their journey to the boardroom.

Soho Complex,
7th Floor

11:30 AM – 1:30 PM

WELCOME LUNCHEON

PANEL: Seizing the Trillion Dollar Opportunity

Short Take: The Economic State of Latinos in America Report
Presenters:
Jorge Amar, Partner, McKinsey & Company and Lucy Perez, Senior Partner, McKinsey & Company


The McKinsey report reveals that Latinos in America are missing out economically and, in a situation of full parity, Latino businesses could generate an additional $2.3 trillion in total revenue each year, and 735,000 new businesses could be created supporting 6.6 million new jobs. This is a missed business opportunity. Hear from experienced directors how they have modeled leadership in the boardroom to advance business and present investment in the Latino market as a smart business opportunity.

Moderator:
Ileana Musa*, Head of International Wealth Management and Global Head of International Banking and Lending, Morgan Stanley

Panelists:

The Hon. Carlos Gutierrez, Former Secretary of Commerce, Former CEO of Kellogg; Director: Exelon Corp; MetLife, Inc.; Occidental Petroleum Corp.

Debra Sandler*, Director: Archer Daniels Midland Company; Dollar General Corporation; Gannett Co. Inc.; Keurig Dr Pepper Inc.


The Hon. Gaddi Vasquez*, Former Ambassador to the UN; Director: Granite Construction, Inc.

Marquis Ballroom
9th Floor

1:45 – 2:30 PM

CONCURRENT SESSIONS

Concurrent Session 1:

Latinos as a Smart Investment: A Deeper Dive

Latinos are an economic engine for the US and the fastest growing group: by 2030, 1 in 5 workers will be Latino. They also have the highest rate of entrepreneurship of any race: their businesses have grown by 12.5% over the past five years, compared to 5.3% for White-owned businesses. Yet the McKinsey report revealed the challenges Latino entrepreneurs face in securing the capital they need to grow. Our panel of experienced directors and investors will share what is being done, and what more can be done, to increase investment in human capital and to drive more capital to Latino-owned businesses in America.

Moderator:
Dr. Marta Tienda*, Professor Emerita, Princeton University; Trustee: TIAA

Panelists:

Adela Cepeda*, Chair, Angeles Investors; Director: BMO Financial Corporation; Mercer Mutual Funds; Pathway Mutual Funds; UBS Funds

Gary L. Trujillo*, Founder, Chairman, CEO & President, Southwest Harvard Group


Fidel Vargas*, CEO, Hispanic Scholarship Fund; Director: Snap

Empire/Hudson
7th Floor


Concurrent Session 2:

Ask the Expert: Board Oversight of Climate Risk and the Opportunity

As the world grows warmer with each year, conflicting stakeholder demands add complexity as boards work to provide oversight and guidance on these important issues. In this Ask the Experts Session, join a panel of LCDA members and partner experts who will deliver an update on how boards are exercising leadership as climate change increasingly impacts company strategy and operations. Following the short panel discussion, we will open the floor for our experts to answer your questions on this important topic.

Moderator:
Susan Angele, Senior Advisor, Board Leadership Center, KPMG

Panelists:

Melissa James, Managing Director, Vice Chairman, Global Capital Markets, Morgan Stanley

Anne Alonzo*, PotlatchDeltic and Feeding America, Board Member


Sarah Morgan, Partner and Department Co-Head of Capital Markets and Mergers & Acquisitions, Vinson & Elkins

Chelsea/Gotham
7th Floor


Concurrent Session 3:

Serving on Private-Equity Backed Company Boards

Service on a private or PE-backed company board versus a public company brings a different set of challenges and opportunities than serving on a public company board. What makes these boards unique? How do large PE firms identify and leverage independent directors for their companies both during the ownership period and when taking it public? Our panel will explore the significant role PE firms play in shaping the boards of their portfolio companies and what initiatives they have in place to tap exceptional diverse talent for these positions.

Moderator:
Francisco Sanchez*, Former Undersecretary, US Department of Commerce; Director: Archer Daniels Midland Company

Panelists:

Selma Bueno, Head of Multicultural Client Strategy, Morgan Stanley

Courtney della Cava, Senior Managing Director and Global Head of Portfolio Talent & Leadership, Blackstone


Ben Holzemer, Partner, Global Head of Human Capital, TPG


Luis Zaldivar, Co-Founder and Managing Partner, Avance Investment Management, LLC

Soho Complex
7th Floor

2:45 – 3:45 PM

PANEL: Navigating Uncertain Times—Looking Ahead

Presenter:
Short Take: Update on the Economy and Financial Markets
Seth Carpenter, Chief Global Economist, Morgan Stanley

The long recovery from the pandemic, the Russian invasion of Ukraine as well as other geopolitical forces impacting the supply of energy, agricultural products and essential technology components, and the great resignation/reshuffling/rethinking – these forces and more have challenged traditional economic markers and financial models, with companies facing an unusual combination of inflation and recession concerns, as well as labor and supply chain shortages. In addition, the increasing role of stakeholder activism around social justice issues and ESG topics has challenged traditional company roles. How do corporate directors keep their cool and keep their company on the right path when the sky is falling every day around them? In this session we’ll hear from seasoned directors on how they’re dealing with this changing landscape and what they see on the horizon for the future.

Moderator:
Jose Rodríguez*, Former Partner, KPMG; Director: CareMax, Inc.; Popular, Inc.; Primoris Services Corporation

Panelists:

Sylvia Acevedo*, Former CEO, Girl Scouts of the USA; Director: Credo Technology Group Holding Ltd; Qualcomm, Inc.

Jesus Mantas*, Global Managing Partner, IBM Business Consulting Services, Inc.; Director: Biogen, Inc.


Gisel Ruiz*, Former COO, Sam’s Club; Director: Cracker Barrel Old Country Store, Inc.; Executive Network Partnering Corp.; Univision Holdings, Inc.; Ulta Beauty Inc.; Vital Farms, Inc.

Marquis Ballroom
9th Floor

3:45 – 4:15 PM

Coffee Break

9th Floor Terrace

4:15 – 5:00 PM

FEATURED SPEAKER: Fireside Chat with James P. Gorman, Chairman & CEO, Morgan Stanley

James P. Gorman, Morgan Stanley Chairman and CEO, has been with the firm since 2006 and as CEO since 2010, when he succeeded John Mack. Born in Australia, James came to the US to earn his Master’s degree at Columbia and then started his career with McKinsey & Co. He moved into the financial industry in 1999, when he joined Merrill Lynch, becoming the company’s Chief Marketing Officer. In 2006, James joined Morgan Stanley as President and Chief Operating Officer of the firm’s global wealth management group.

Join us for this intimate conversation with one of the top industry leaders in the country, as we learn about his leadership style, his and Morgan Stanley’s commitment to diversity, and what he sees for the future of the firm and the financial industry as well, in the face of current economic volatility.

Morgan Stanley Chairman and CEO, James P. Gorman in conversation with Elizabeth Oliver-Farrow*, LCDA Board Chair; Director: Hispanic Communications Network LLC.

Marquis Ballroom, 9th Floor

5:30 – 6:30 PM

Corporate Visionary Awards Cocktail Reception

Astor Ballroom,
7th Floor

6:30–9:00 PM

Corporate Visionary Awards Dinner

The Corporate Visionary Award is in recognition of the exemplary representation of US Latinos on the Board of Directors. This Award celebrates companies with the distinction of having two or more US Latinos on their Board.

Astor Ballroom,
7th Floor


Congratulations to the Awardees:

  • Qualcomm, Inc.
    Cristiano Amon, President and CEO
  • Comerica Incorporated and Comerica Bank
    Curtis C. Farmer, Chairman, President and CEO
  • Granite Construction, Inc.
    Michael F. McNally, Chair

Master of Ceremonies: Bertha Coombs - CNBC Reporter


7:00 AM – 2:00 PM

Registration

9th Floor Terrace

7:30 – 8:15 AM

Breakfast Buffet

9th Floor Terrace

8:15–9:00 AM

PANEL: A 21st Century Perspective of Equity and Inclusion in Board Recruiting

Diversity on corporate boards has been proven to be good for business and, with Latinos numbering nearly 20% of the US population, it makes business sense for boardrooms to include the Hispanic/Latino perspective, to offer insight into the new mainstream economy. Unfortunately, recent board trends shed light to a different reality. Hispanic/Latino directors continue to be woefully underrepresented and remain the least tapped. Hear from search firm leaders discuss how they and their organizations are supporting the LCDA mission to alter the current narrative.

Opening Remarks:
Raúl Yanes - Managing Director, Chief Compliance Officer and Head of Non-Financial Risk for Morgan Stanley

Moderator:
Geisha Williams*, Former President & CEO, PG&E; Director: Siemens Energy

Panelists:

Victor Arias* - Partner/Managing Director, Diversified Search

Paulo Mendes - Latin American Regional Leader, Heidrick & Struggles

Francisco Paret - Partner, Egon Zehnder

Tierney Remick - Vice Chairman and Co-leader-Global Board and CEO Practice, Korn Ferry

Marriott Marquis
Ballroom, 9th Floor

9:15 – 10:00 AM

PANEL: Nom/Gov Strategy: Strategic Board Composition and Tapping the Latino Board Talent Pool

Effective succession planning is vital to the long-term success of a company. Nominating and governance committees play an important role in selecting candidates for board appointments with their chairs leading the effort. It‘s important that they get their job right since their efforts strongly contribute to the quality of the board and its other board committees. So, how do Nom/Gov chairs work with their teams to approach these challenges and ensure they are crafting a boardroom that delivers diversity of thought and talent? Join us as we hear from experienced Nom/Gov chairs about how they approach that balancing act and how they are currently tapping into the incredible Latino board talent pool.

Moderator:
Kim Casiano*, Director: Ford Motor Co.; Mutual of America Financial Group

Panelists:

Gustavo Alba, Partner, Heidrick & Struggles

Michael Bender, Former President and CEO of Eyemart Express, LLC, and Former COO, Global eCommerce, Walmart, Inc; Director: Acuity Brands, Inc.; Kohl‘s Corp.

Jeff Brodsky, Senior Advisor, Morgan Stanley

Marriott Marquis
Ballroom, 9th Floor

10:00 – 10:30 AM

Coffee Break

9th Floor Terrace

10:30 – 11:00 AM

Update on the Economy, Risk, and Diversity on Corporate Boards

Rising rates and inflation have driven significant market turmoil in recent months. We will hear insights from two industry leaders on where the markets are heading and where they see compelling opportunities to deliver for clients and investors while promoting sustainability and diversity.

Moderator:
Louis Caldera*, LCDA Planning Committee Chair; Director: DallasNewsCorp; Granite Construction Inc.; Meritage Homes Corp.

Speakers:

Robert Camacho, Senior Managing Director, Head of Asset Based Finance, Blackstone

Byron Loflin, Global Head of Board Advisory, Nasdaq

Marriott Marquis
Ballroom, 9th Floor

11:15 AM –12:00 PM

CONCURRENT SESSIONS

Concurrent Session 1:

Ask the Expert: Board Governance of Cyber Risk

Cybersecurity continues to be high on the list of critical enterprise risks, and effective board oversight requires corporate directors to stay current about the ever-evolving threats and best practices. In this Ask the Experts Session, join a panel of LCDA members and partner experts who will deliver an update on the latest information in this field. Following a short panel discussion, we will open the floor to have your most pressing questions on cybersecurity answered.

Moderator:
Isaura Gaeta*, Vice President, Security Research, Intel Product Assurance, and Security Engineering, Intel Corp.

Panelists:

Yonesy Núñez*, Chief Information Security Officer, Jack Henry & Associates

Myrna Soto*, Founder & CEO, Apogee Executive Advisors; Director: CMS Energy Corp; Popular, Inc.; Spirit Airlines, Inc.; TriNet Group, Inc.

Rachel Wilson, Head of Wealth Management Data Security and Infrastructure Risk, Morgan Stanley

Chelsea/Gotham
7th Floor


Concurrent Session 2:

Ask the Expert: Compensation

As companies come out of the pandemic, the role of the Compensation Committee has shifted and the subject of CEO pay has become a target of activist investors, looking to push diversity and ESG initiatives, by tying them to executive compensation. Today’s Compensation Committee has morphed into managing human capital management, as well as overseeing CEO compensation, and the new SEC rules on pay for performance. In this "Ask the Expert Session," join a panel of LCDA members and partner experts who will share the latest information on these efforts. Come with your questions and, following the short panel discussion, we will open the floor to discuss all aspects of the role of the Compensation Committee.

Moderator:
Stephen Brown, Senior Advisor, KPMG Board Leadership Center

Panelists:

Marisol Angelini*, Director: American Vanguard; Bush Brothers

Francis Hondal*, Former President, Loyalty Marketing & Engagement, Mastercard; Director: Bath & Body Works, Inc.; Equitable Holdings

Jan Koors, Managing Director, Pearl Meyers

Empire/Hudson
7th Floor

12:15–2:00 PM

WEDNESDAY LUNCHEON - Sponsored by Bank of America

PANEL: Great Boards: A CEO Perspective

Presenters:
Short Take: Edelman Barometer, Insights from Latino Consumers
Ana Ceppi, Senior Advisor, Edelman

How well the CEO works with the board is crucial to the success of any business. For public companies, the additional transparency can add complexity and raise the stakes. Listen to insights from panelists who have seen both sides–as CEOs and also as independent directors–on what CEOs need from the board, what makes for a great CEO/board relationship, and how to build boards that are diverse, resilient, and successful.

Moderator:
Raul Anaya*, President, Business Banking; President, Greater Los Angeles, Bank of America

Panelists:

Joe Alvarado*, Former Chair and CEO, Commercial Metals: Director: Arcosa, Inc; Kennametal Inc.; PNC Financial Services; Trinseo PLC

Grace E. Colón*, President and CEO, InCarda Therapeutics Inc.; Director: CareDx Inc.; ProterixBio

Steven Ortega*, Chairman, Leslie's Inc.; Former CEO, Leslie's Inc.

Marriott Marquis
Ballroom, 9th Floor

2:00–2:45 PM
Cafecito and Postre Closing Reception 
9th Floor Terrace

*LCDA MEMBER