Audit Committee Chair Advisory Council
NACD created the Audit Committee Chair Advisory Council to support a sustainable, profitable, and thriving corporate America. Since 2009 this council has brought experienced audit committee chairs from Fortune 500 companies together with key shareholder representatives, regulators, and other stakeholders to discuss ways to strengthen corporate governance in general and the work of the audit committee in particular.
KPMG's Audit Committee Institute and Sidley Austin LLP collaborate with NACD in convening and leading this council.
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
The 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.
- HUMBERTO P. ALFONSO
Eastman Chemical Co. - ANTHONY K. ANDERSON
Exelon Corp. - JANICE M. BABIAK
Walgreens Boots Alliance Inc. - JOSEPH R. BRONSON
Jacobs Engineering Group Inc. - J. FRANK BROWN
Home Depot Inc. - BRAD W. BUSS
Advance Auto Parts Inc. - SUSAN O. CAIN
Lithia Motors Inc. - R. KERRY CLARK
Textron Inc. - TERRELL J. CREWS
Archer-Daniels-Midland Co., Hormel Foods Corp.
- CYNTHIA A. GLASSMAN
Discover Financial Services Inc. - PATRICK W. GROSS
Waste Management Inc. - WILLIAM B. HANKS
CenturyLink Inc. - SANDRA L. HELTON
Principal Financial Group Inc. - ROBERT H. HERZ
Federal National Mortgage Association, Morgan Stanley - JEFFREY T. HINSON
Live Nation Entertainment Inc. - SHERRILL W. HUDSON
Lennar Corp. - TRACY B. MCKIBBEN
United Services Automobile Association (USAA) - LOUIS P. MIRAMONTES
Rite Aid Corp.
- LESLIE A. MURPHY
Kelly Services Inc. - CHARLES H. NOSKI
Wells Fargo & Co. - GARY L. PERLIN
State Farm Insurance Cos. - LESLIE F. SEIDMAN
General Electric Co. - ANDREW K. SILVERNAIL
Stryker Corp. - SHERRY M. SMITH
Deere & Co. - JOHN B. VEIHMEYER
Ford Motor Co.
*This list of recent participants is representative, not comprehensive. Delegates participate on their own behalf, and listed companies correspond to delegates' audit committee chair roles at the time of participation. Council rosters are subject to change.
- ESG's Rise on the Audit Agenda (Spring 2021)
- Implications of COVID-19 (Spring 2020)
- ESG Reporting and Non-GAAP Measures Included in Incentive Compensation Plans (Fall 2019)
- Emerging Technologies and the Future of Internal Audit (Spring 2019)
- Addressing the Challenges of Expanding Board and Committee Agendas (Fall 2018)
- Effective Practices for Internal Investigations Led by the Board (Spring 2018)
- Nonfinancial Metrics, Strategy, and Culture (Fall 2017)
- Big Data, Data Analytics, and the Audit Committee (Spring 2017)
- Key Committee Succession Planning (Fall 2016)
- Audit Committee Oversight of Compliance (Spring 2016)
- Audit Committee Oversight of Non-GAAP Financial Measures (Spring 2016)
- Next-Generation Financial Disclosures (Fall 2015)
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.