A message to our alumni
The corporate governance landscape has changed dramatically over the past decade, giving board members a lot more to think about
That includes some 200 Ernst & Young alumni who serve on the boards of directors of Fortune 1000 (or equivalent) companies and the thousands more who serve on mid-size, private company and not-for-profit boards.
In this issue of Connect, we talk with former Ernst & Young colleagues who choose to serve on boards and make the tough decisions. For some, it’s about looking out for the shareholder. For others, it’s an opportunity to use a lifetime of skills and experience at the highest level. And for most, it’s a way of giving back to a profession that has given so much to them.
Jim Turley
Global Chairman
and CEO
Steve Howe
Americas Managing
Partner
Nancy Altobello
Americas Vice Chair,
People
Welcome Ernst & Young Alumni
In the early 1990s, few investors pressed companies on environmental, social or governance issues, and not many women served on corporate boards. The Clinton health care plan failed to pass and the Sarbanes-Oxley Act didn’t exist.
In 2012, investors increasingly are working together to press companies on governance issues, and women are slowly making their way into the boardroom. This summer, the US Supreme Court upheld the Affordable Care Act while Sarbanes-Oxley turned 10.
These developments and others have dramatically changed the corporate governance landscape and given boards a lot more to think about. That includes some 200 Ernst & Young alumni who serve on the boards of directors of Fortune 1000 (or equivalent) companies and the thousands more who serve on mid-size, private company and not-for-profit boards or charitable boards.
In this issue of Connect, we focus on board service and corporate governance with some of your former Ernst & Young colleagues who choose to serve on boards and make the tough decisions. For some, it’s about looking out for the shareholder. For others, it’s an opportunity to use a lifetime of skills and experience at the highest level. And for most, it’s a way of giving back to a profession that has given so much to them. Whatever the reason, we take great pride in our alumni who serve in this vital leadership role and, we trust, carry the values of Ernst & Young into the boardroom with them.
As you read this, the US will have just concluded our presidential election. It was a highly contested and emotional race. The outcome will have a far-reaching impact on the national and global economy for years to come. Our approximately 250,000 alumni in the Americas wield tremendous power and influence. So, whether your candidate won or lost, we encourage all of our alumni — particu-larly those on boards and in other leadership positions — to support our nation’s leadership and do what you can to help move our country and economy forward.
Jim Turley
Global Chairman
and CEO
Steve Howe
Americas Managing
Partner
Nancy Altobello
Americas Vice Chair,
People
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