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The tragic assassination of UnitedHealthcare's CEO highlights how boards need to expand their view of executive protection. With 93% of executives' home addresses available online, the risks go far beyond a cyber breach, with digital breadcrumbs potentially leading to identity theft, stalking, harassment, and even targeted violence. Join the Corporate Board Member Network for a timely briefing with Matt Polak, human intelligence expert and CEO of VanishID, to learn how open source intelligence is being exploited by threat actors, why traditional security measures are often insufficient, and what boards need to know to protect executives and their families in today's…
When I joined US Century Bank in 2015, I knew what I was getting into, but the numbers were still tough. More than $200 million in losses since 2009. Eight of the 18 branches were underperforming. Consent orders from regulatory authorities. Everyone is watching to see if your company will join the long list of banks that failed to survive the financial crisis. Ten years later, our assets have more than doubled to $2.7 billion, we are listed on Nasdaq, and we are now consistently in the top quartile of Florida banks. But this isn't a victory lap, it's a…
Isaac Dietrich knows how to multitask. Mr. Dietrich is the chief financial officer (CFO) of Los Angeles-based Samzap Media Corporation, the developer of the app of the same name that allows users to earn cash for posting about participating advertisers on major social media platforms. Until April of this year, Mr. Dietrich also served as full-time CFO for Greenwave Technology Solutions, a recycled metals supplier based in Chesapeake, Virginia. “It was definitely the most difficult period of my life,” he says. Stress did not affect his ability to produce results. Under Dietrich's management, Samzap listed on the Nasdaq in October…
When I joined US Century Bank in 2015, I knew what I was getting into, but the numbers were still tough. More than $200 million in losses since 2009. Eight of the 18 branches were underperforming. Consent orders from regulatory authorities. Everyone is watching to see if your company will join the long list of banks that failed to survive the financial crisis. Ten years later, our assets have more than doubled to $2.7 billion, we are listed on Nasdaq, and we are now consistently in the top quartile of Florida banks. But this isn't a victory lap, it's a…
If there was any question about the future of corporate diversity, equity, and inclusion programs following the 2023 U.S. Supreme Court ruling ending affirmative action in higher education, the Trump administration has put an end to those questions. Programs once considered a sign of corporate responsibility are now referred to as “illegal DEI.” In May, the Justice Department announced a new civil rights fraud initiative that will use prosecutors, whistleblowers, and the federal False Claims Act to go after companies that take advantage of racial or ethnic preferences to receive federal funds. And the FCA has teeth, with penalties including…
In less than three years, generative AI has grown from a curiosity to a central part of board discussions. If you think that's too soon, wait another three years. But if the opportunities are huge, so is the risk of getting it wrong. This concern is growing as so many companies focus head-on on development and deployment. The key to winning with AI, as everyone reading this knows, is striking the balance and creating the right governance structures now so your company can move forward with confidence. To help, corporate director has assembled a distinguished panel of technology and governance…
As the scope and importance of the CFO role continues to evolve, many finance executives are changing their titles to represent a broader role. Kelly Cronenberg's Heath Escarillo is one example. Mr. Escarho, formerly chief financial officer (CFO) of a law firm in Fort Lauderdale, Florida, currently serves as principal partner and chief performance officer. He spoke with The Modern CFO about the evolving role of the CFO, what it takes to transition to the CPO, and what the CFO can do for you and your organization. Why are more CFOs moving into the chief performance officer role? In response…
Since the beginning of this year, geopolitical pressures have combined with trade negotiations and deregulation efforts, increasing business volatility. And as we enter the fourth quarter of this year, that volatility shows little sign of improving. Business risk is skyrocketing, according to research by legal and compliance leaders corporate director This is part of the Q3 Business Risk Index, a survey of general counsel, compliance leaders, and audit members conducted in partnership with Diligent Institute. Legal and compliance leaders rate the level of risk in the current business environment as 7.9 out of 10. A score of 1 is negligible…
Suppose your organization needs to quickly pivot financially, especially during these uncertain times. In that case, finance is better off becoming a partner with operations and the rest of the organization, rather than becoming a heavy-handed overseer of budgets and spending. Organizations have come to realize that without deep connections with the rest of the company, finance departments will miss early warning signs of significant market changes and operational challenges. says Anjali Motiani, chief financial officer of Datasite, a Minneapolis-based company that provides a digital platform to facilitate mergers and acquisitions (M&A) transactions. Motiani, a member of the Institute of…
In December 2024, Intel's directors lost confidence in CEO Pat Gelsinger's turnaround strategy (which ultimately led to a $16.6 billion loss and a 60% stock price decline) and exposed serious governance flaws. He lacked sufficient semiconductor expertise to assess whether his plans would succeed in an AI-driven market. The knowledge gap became clear after veteran semiconductor executive Lip Vu Tan resigned as Intel's CEO in March 2025, frustrated by its inadequate AI strategy and bloated workforce. This dramatic turnaround highlighted the extent to which Intel's struggles stem not just from operational mistakes, but also from fundamental flaws in its board…