Corporate Governance: Essentials for a New Business Era

Janet Foutty

Executive Chair of the Board, Deloitte

Janet Foutty is executive chair of the board, Deloitte. She leads the board in providing governance and oversight on critical business matters including strategy, brand positioning, risk mitigation, talent development, and leadership succession. Janet is also a member of Deloitte’s Global Board of Directors, and chair of Deloitte Foundation, the 90-year old not-for-profit organization that helps develop future talent and promote excellence in teaching, research, and curriculum innovation.

Janet’s leadership experience includes most recently serving as chair and chief executive officer for Deloitte Consulting LLP where she led a $10B business comprised of over 50,000 professionals in helping Fortune 500 companies and government agencies translate complex issues into opportunity.

She previously led Deloitte’s federal practice dedicated to improving the efficacy and efficiency of US government agencies; as well as Deloitte Consulting LLP’s technology practice, which achieved exponential growth through acquisitions and the launch of businesses including Deloitte Digital. She has also held leadership roles on client programs that span retail, technology, government, energy, and financial services industries. Janet is a frequent author and popular public speaker. She regularly communicates with executive-level audiences about the changing business landscape, technology disruption, and leadership. Janet is a passionate advocate for inclusion in the workplace; women in technology; and the need for science, technology, engineering, and mathematics (STEM) education. She has founded Women in Technology groups in India and the United States. Janet serves on the board of directors of Bright Pink, a nonprofit dedicated to women’s health, and Catalyst, a global nonprofit working to build more inclusive workplaces. She serves on the advisory boards of NYU Stern’s Tech MBA program, Columbia Law School’s Millstein Center for Global Markets and Corporate Ownership, and the executive committee for the Council on Competitiveness.

Janet holds a Bachelor of Science from Indiana University, and a Masters of Business Administration in finance from the Kelley School of Business at Indiana University. She is an inductee of the Kelley School of Business Academy of Alumni Fellows, and a member of the Kelley School of Business Dean’s Council.

Watch the Video: Janet Foutty, Chair of the Board for Deloitte, talks about the key principles of board agility.

Katina Dorton

Chief Financial Officer; Board Director

Katina Dorton is a recognized and internationally experienced financial executive, corporate director, and public company CFO. Dorton's strategic insights, expert perspective, and financial acumen are informed by earlier career experience as a Wall Street investment banker and corporate transactions attorney. Dorton's industry expertise includes health care and life sciences, industrial services, and financial services.

Throughout her career, Dorton has advised executive leaders and boards of directors on capital markets, fund raising, mergers and acquisitions, and other strategic transactions, collectively valued at more than $50 billion. As CFO, Dorton has built financial, legal, and operational functions to support companies through aggressive growth and transition including IPO preparation. Dorton has served on several public company boards and has demonstrated strong leadership as lead director, audit chair and governance committee chair. She meets the qualifications of an SEC financial expert, is a National Association of Corporate Directors (NACD) Corporate Governance Fellow, and serves on the NACD Lead Director Steering Committee. Dorton was named as one of Women Inc's 2019 Most Influential Corporate Directors and a 2020 NACD Directorship 100 Honoree.

William McNabb

Former Chairman and Chief Executive Officer, Vanguard; Senior Fellow, Center for Leadership and Change Management, The Wharton School

F. William McNabb III is the former chairman and chief executive officer of Vanguard. He joined Vanguard in 1986. In 2008, he became chief executive officer; in 2010, he became chairman of the board of directors and the board of trustees. He stepped down as chief executive officer at the end of 2017 and as chairman at the end of 2018. Earlier in his career, he led each of Vanguard’s client-facing business divisions.

McNabb is active in the investment management industry and served as the chairman of the Investment Company Institute’s board of governors from 2013 to 2016. A board member of UnitedHealth Group and the chairman of Ernst & Young’s Independent Audit Committee, he is also chairman of the board of the Zoological Society of Philadelphia, a board member of CECP: The CEO Force for Good, and a board member of the Philadelphia School Partnership.

In addition, McNabb is the executive in residence at the Raj & Kamla Gupta Governance Institute at the Le Bow College of Business and a member of the Advisory Board of the Ira M. Millstein Center for Global Markets and Corporate Ownership at Columbia Law School. He is a member of the Wharton Leadership Advisory Board of the Wharton Center for Leadership and Change Management and a member of the Wharton School’s Graduate Executive Board. He also serves on the Dartmouth Athletic Advisory Board.

McNabb earned an AB at Dartmouth College and an MBA from the Wharton School of the University of Pennsylvania.

Paula Price

Public and Private Company Independent Board Director and Strategic Advisor

Paula A. Price was EVP and chief financial officer of Macy’s Inc. from July 2018 to May 2020, and served as advisor to the renowned retailer until the end of 2020. As CFO, she was also a principal architect of Macy’s transformation journey and, during the COVID-19 pandemic, led its financial restructuring, including raising $4.5 billion to recapitalize and sustain the company.

Price has been a visiting executive with Harvard Business School since July 2018, and was a full-time senior lecturer of business administration in the Accounting and Management Unit, having joined the faculty in July 2014. Until January 2014, Price was executive vice president and chief financial officer of Ahold USA, which she joined in 2009. At Ahold, Price was responsible for finance, accounting, and shared services; strategy and planning; real estate development and construction; and information technology. Price transformed the finance function, delivered a $1 billion cost savings program to fund strategic growth initiatives, and led a team of over 1,000.

Prior to joining Ahold, Price was senior vice president, controller, and chief accounting officer for CVS Caremark Corporation, and a key player in the $26 billion CVS/Caremark merger transaction. Price began her career as an intern in public accounting at Arthur Andersen & Co. before joining full time with clients that spanned financial services, consumer packaged goods, and health care.

Price currently serves as an independent director for public, private, and not-for profit companies. Today, she serves on the boards of the following publicly traded companies: Accenture, chairing its Audit Committee; Bristol Myers Squibb; Western Digital; and Davita, chairing its Audit Committee. She is a qualified audit committee financial expert as defined by the SEC and a certified public accountant.

Price’s career includes senior-level finance, general management, and strategy roles based in New York, Boston, London, and Chicago in the retail, financial services, health care, and consumer packaged goods industries.

Price earned her MBA in Finance and Strategy from the University of Chicago and her BSc in Accountancy from DePaul University.

Price and her family live in Manhattan and on Martha’s Vineyard, where she enjoys painting and outdoor activities.

Mark Turner

President, Chief Executive Officer and Director of WSFS Financial Corporation and WSFS Bank

Mark A. Turner, has been President, Chief Executive Officer and a Director of WSFS Financial Corporation and WSFS Bank since 2007. Mr. Turner was previously both the Chief Operating Officer and the Chief Financial Officer of WSFS. Prior to joining WSFS in 1996, he worked at CoreStates Bank, Meridian Bancorp and at the international professional services firm of KPMG, LLP. WSFS is a multi-billion dollar, publicly-traded financial organization (NASDAQ:WSFS), the largest bank and trust company headquartered in Delaware and the Delaware Valley, and the 7th oldest bank in the U.S. Mr. Turner is privileged to be leading a Company that has been named by an independent survey as a “Top Workplace” in Delaware for the last 11 years in a row (with special recognitions for the Company’s leadership, ethics, and career development), and has also been voted as the “#1 Bank” in Delaware for six years in a row.

Mr. Turner received his MBA from the Wharton School of the University of Pennsylvania, his Master’s Degree in Executive Leadership from the University of Nebraska-Lincoln, and his Bachelor’s Degree in Accounting and Management from LaSalle University (Philadelphia). Among other executive leadership programs, Mr. Turner has studied at National Training Labs, Aspen Institute, Gallup University, Toyota University, Center for Creative Leadership, UC Berkeley, and Buckley School for Public Speaking.

Mr. Turner is an active leader in his community. He has served as: Chairman of the Board of Delaware Business Roundtable (DBRT); a member of U.S. Federal Reserve Board’s Advisory Council; Chairman of the Board of Delaware Bankers Association (DBA); a member of Executive Committee of the Board of Delaware State Chamber of Commerce (DSCC); a member of the Board of Trustees of Delaware State University (DSU); a member of the Board of Directors of Delaware Alliance for Non-Profit Advancement (DANA); a member of the Board of Advisors of Teach for America (TFA), Delaware; and a founding member of both Delaware Talent Live (DTL) and Wilmington Leaders Alliance (WLA).