NACD Board Leadership Conference NACD Chapter System

Board's Role in the Oversight of Risk Culture

May 10, 2016
Charlotte, NC



Issue:  Historically companies have dealt with all types of risks, whether they are the results of the financial and economic crises, a cyber breach, a natural disaster, or other events. However in today's world there seems to be an increasing number and a greater frequency of risks requiring company and board attention. With the numerous and significant risks that companies face in this fast paced environment, it is not surprising that companies and directors are concerned with the concept of risk.  Many boards struggle with weighing how to oversee risks yet take necessary risks to create shareholder value.  Effective risk management means taking the right risks and ones that fit into the company’s risk appetite.


The foundation of risk oversight for the board is made up of:

Risk approach - the board having a clear understanding of the scope of their risk oversight

Risk culture - the best risk management practices are built into the company’s culture and day-to-day activities

Risk appetite - being comfortable with the amount of risk the company is taking


**Members are encouraged to invite other board members to accompany them to this event at no charge. You may register invited guests or ask questions about the event by calling or emailing Penni Stritter, 704-236-2324.

Location and Time


UNC Charlotte Center City
320 E 9th St
Charlotte, NC 28202

Networking: 5:30pm - 6:00pm

Program: 6:00pm - 7:30pm

Speaker Spotlight


Laura Kendall

Laura joined Aurora Management Partners in 2013. Her career has included assignments along a scale of companies from entrepreneurial family-owned businesses to vertically-integrated corporations with international operations. Her focus is to assist clients in challenging business environments through strategy development and strengthening their financial position with positive cash flow. Her experience includes working with companies having difficulty in meeting performance metrics, those in workout situations, and companies navigating Chapter 11 bankruptcy. During her career Laura has focused on the retail, wholesale distribution and consumer product sectors. She has used her platform of financial expertise to perform at the executive level in financing, strategy development, sales force management, international operations, operational management, real estate leasing, and information technology. Most recently, Laura served as President of a vertically integrated apparel company, working with family interests to recapitalize the company through new banking and private equity investment, developing a wholly-owned manufacturing operation in China, and profitably navigated the economic crisis while significantly reducing leverage. Prior to this position, Laura developed a consulting practice providing executive advisory services to small and medium sized family-owned businesses. Laura was also the Executive Vice President and Chief Financial Officer of Delhaize America where she played a key role in capital planning and financing, divestiture of under-performing assets and redeployment of capital to projects meeting rate of return criteria, along with management of infrastructure departments.

Rob Pritchard

Mr. Pritchard joined Piedmont Natural Gas in 1978 and is responsible for the areas of finance, treasury, budgeting, investor relations, risk insurance, risk management, credit policy and supply chain. Prior to his current appointment, Mr. Pritchard held a variety of positions in the areas of finance, corporate planning and regulatory affairs. Mr. Pritchard is a Certified Public Accountant and earned his Bachelor of Business Administration degree from Mars Hill College and his MBA from Wake Forest University's Babcock School of Business. He serves as a member of the board of the Boys & Girls Club of Charlotte.

Bill Warden

Bill served as Executive Vice President of Administration of Lowe's Companies Inc., with broad responsibilities including Internal Audit and Legal. He currently serves as the Lead Director of Bassett Furniture Industries, having previously chaired the Audit Committee for more than a decade. Bill also serves as a director of Great State Bank and served as a Director of Harris Teeter until the sale to Kroger in 2014. In addition, Bill serves on the board of Wake Forest Baptist Medical where he is past chair; and he serves on the board of NACD Carolinas Chapter.

Paul DeNicola

Paul DeNicola is a Managing Director at PwC's Governance Insights Center where he works to extend the firm's thought leadership in the area of corporate governance. A speaker at forums for directors and governance professionals, Paul also advises boards and executive teams on emerging governance issues. He has twice been named to Directorship Magazine’s list of the 100 most influential people in U.S. corporate governance. Paul was also honored as a recipient of the Rising Star Award from the Millstein Center for Corporate Governance and Performance at the Yale School of Management.



Question about this Event?

Contact NACD Carolinas Chapter Charlotte, NC, 28226 phone: 704-236-2324 email:


**Members are encouraged to invite other board members to accompany them to this event at no charge. You may register invited guests or ask questions about the event by calling or emailing Penni Stritter, 704-236-2324.