6:00 PM - 8:00 PM
Governance and Politics: A conversation with Frank Zarb
Frank Zarb, Columbia Business School executive in residence, and Professor Donna Hitscherich will discuss public policy issues for business leaders, ranging in topics from boards of directors to Washington energy policy and security "post-BP" to securities regulations and risk management.
Frank G. Zarb is Managing Director and Senior Advisor to Hellman & Friedman LLC and non-executive Chairman of Promontory Financial Group, LLC. He serves as Managing Director and Senior Advisor to Hellman & Friedman LLC. From 1997-2001, Frank served as CEO of the National Association of Securities Dealers and the NASDAQ Stock Market, Inc. From 1994-1997, Mr. Zarb was Chairman, CEO and President of Alexander & Alexander Services, Inc., a global organization providing risk management, insurance brokerage, and HR management consulting services. Prior to this Mr. Zarb was a Vice Chairman and Group Chief Executive of The Travelers, Inc. and Chairman and CEO of Smith Barney, which he joined in 1988. Previously, Mr. Zarb was a senior partner of Lazard Freres & Co. from 1978-1988. From 1974-1977, Mr. Zarb was the senior official for all U.S. government energy-related activities, serving as Executive Director of the Cabinet-level Energy Resources Council, Administrator of the Federal Energy Administration, and Assistant to the President for Energy Affairs. He has served in various assignments with the Nixon, Ford, Reagan, Bush, and Clinton administrations, as well as being appointed by the Governor of New York to several leadership and task force assignments for the State and City. He currently serves on the Board of Directors of Kraft Foods, Inc. and previously served as director for 8 other public company boards. Mr. Zarb, who earned his BS and MBA degrees in business from Hofstra University, was awarded an honorary Doctor of Law degree by the University and the school's Outstanding Scholar Award. Hofstra named its business school after Mr. Zarb. He recently joined Columbia Business School as an Executive in Residence.
Professor Donna Hitscherich teaches Corporate Finance, Advanced Corporate Finance and Mergers and Acquisitions. She has also taught law and accounting at Columbia Law School and Federal Securities Regulation and Legal Ethics at St. John's University School of Law. Professor Hitscherich has worked in investment banking at CS First Boston, J. P. Morgan & Co. Incorporated and Banc of America Securities. At J. P. Morgan, she was a founding member of the takeover defense team and a senior member of the advisory review committee. As a managing director in the mergers and acquisitions group of Banc of America Securities, she was secretary of the firm's fairness opinion committee review and a major contributor to the firm's training programs for managing directors and associates. Prior to her investment-banking career, Hitscherich was a corporate lawyer at Skadden, Arps, Slate, Meagher & Flom. This event is sponsored by the Sanford C. Bernstein & Co. Center for Leadership and Ethics and the Student Leadership and Ethics Board.