A who’s who of leaders in corporate governance convened for the 11th annual NACD Directorship 100 Forum. The two-day Forum, themed “The Game Changers in the Boardroom,” opened with a gala dinner to honor the 2010 Corporate Governance Hall of Fame inductees. In attendance were H. Rodgin Cohen, chairman of Sullivan & Cromwell; Carol J. Loomis, a senior editor-at-large at Fortune magazine and longtime editor of Berkshire Hathaway’s annual letter to shareholders; and Edward A. Kangas, the former chairman and CEO of Deloitte & Touche whose prodigious current board service includes the chairmanship of Tenet Healthcare and a director for United Technologies among others.
“If you have an athlete that all of a sudden performs far above whatever he or she has ever performed, the immediate thought is steroids. Well, risk is the steroid for business, and too often there’s not enough drug testing in the boardroom,” said Cohen, who together with Loomis and Kangas reflected on their years at the top of the business world.
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