Advocate, Inspire & Connect – Women & Boards
OnBoard NOW is a regular communication distributed by the OnBoard team keeping you up to date on what’s going on throughout the organization and the industry. If you don’t already, sign up today to receive our email newsletters.
J. C. PENNEY COMPANY, INC. (NYSE:JCP) announced that they elected Wonya Lucas, CEO of Public Broadcasting Atlanta to the board of directors. Synovus Financial Corp.(NYSE:SNV) elected Diana M. Murphy to the board. Ms. Murphy is the Managing Director of Rocksolid Holdings, LLC, a private equity firm focused on small businesses and real estate in the Southeast.
The 2017-2018 Advocates List Campaign is now underway. If you want to be on the list published in November 2017, see the attached information. Advocates are women and men who support OnBoard’s mission at a leadership level ($250) and are listed by name in publications, the website and recognized at events over the 12 months November 2017 to October 2018.
United Health Group (NYSE: UNH) named Dr. Valerie Montgomery Rice to its board. Dr. Rice is president and dean of Morehouse School of Medicine. Previously she was executive vice president of the medical school.
Atlanta Metro Chamber CEO Hala Moddelmog joined the board of Lamb Weston Holdings, Inc. (NYSE: LW). She also serves on the board of FleetCor Technologies, Inc. (NYSE:FLT). Hala is active with OnBoard as a member of the Advocates List.
Intercontinental Exchange, Inc. (NYSE:ICE) elected two new women to the board bringing the total to three women board members out of eleven total. Ann Cairns, President International Market for MasterCard and Duriya Farooqui, Executive Director of Atlanta Committee for Progress joined the board earlier this year.
Attend the Em Power Lunch on September 19, 2017 with the special OnBoard ticket price of $81. Have lunch with America’s top business leaders: Kim Green, COO & EVP, Southern Company; Crystal Hanlon, Northern Division President, The Home Depot; Robin Sangston, CCO, Cox Communications; Steve Shiffman, CEO, Calvin Klein; and Kathy Waller, CFO, The Coca-Cola Company.
Join the OnBoard discussion on LinkedIn and inspire others with insights on the value of women in executive leadership and board positions. Follow the company OnBoard Inc and generate momentum as we approach our 25th Anniversary.
Jerri L. DeVard, Former Chief Marketing Officer of The ADT Corporation and Principal of the DeVard Marketing Group has been elected to the board of directors of Under Armor Inc. (NYSE:UA). AGCO Corp.(NYSE: AGCO) elected Suzanne Clark, senior executive vice president of the U.S. Chamber of Commerce as the second women on the board.
Three OnBoard members/advocates have recently joined boards. Atlanta Metro Chamber CEO Hala Moddelmog joined the board of FleetCor Technologies, Inc. (NYSE:FLT). Sue Patterson, Former Chief Accounting Officer of Coca-Cola Enterprises, Inc. has joined Cedar Electronics. Maureen Schumacher, marketing executive at Kimberly-Clark was elected to the board of Schnabel Engineering. Both Sue and Maureen attended OnBoard’s Board Development Group program.
Board ready is different for different boards but in general: Boards look for skills that fill a gap among the board members. They look for executive/C-Suite experience. Governance experience and knowledge is a key “readiness” factor. Over and above skills and experience, there must be a cultural, personal “fit” with the rest of the board, so self-awareness and chemistry are key to board selection. You need to know and be able to articulate the value that you bring to the specific board. At a minimum, financial literacy is a must because it’s the “language of business”. You can also be very impactful on private boards and they have much less compliance and regulatory requirements. Then lastly, timing is everything to become a board candidate and to help that, TELL people you are interested-in a very intentional way.
Many have asked, “What is the Advocates List?” It is a select group of women and men executives and corporate directors who have accepted the invitation to support OnBoard at a leadership level financially and through lending their name as being passionate about OnBoard’s mission. Now and in future communications, we will profile a sampling of our current advocates. Use this link to meet three of them: Sue Boehlke, Helene Lollis, and Beth Schiavo.
Three OnBoard members/advocates have recently joined boards. Michele Sarkisian, President, P3 Advisors joined the Revelry Group board. Terri Jondahl, Chairman/CEO, CAB Incorporated, joined the board of Sunbelt Packaging Inc. and Rebecca Blalock, Managing Partner at Advisory Capital LLC joined Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE: HASI). Becky is also a member of the board of Aspen Aerogels, Inc. (NYSE:ASPN).
March 28th was the first major luncheon of the year with Martha Brooks as our speaker. Here is just a little of the wisdom she shared: Boards want people who are extremely self-confident (with a voice), collaborative, and collegial; Strategy could be the single most important focus of the board, not just CEO succession like some think; Watch who the board listens to because it can be very telling; Use the social time around meetings to build relationships because it will help the board operate more effectively; Boards look for P & L experience. Always take the bigger job and get variety when you can; Don’t take a seat if you don’t like and respect the CEO, unless the board plans to do something about it; A good match between you and a board is worth waiting for.