Videos

After OrthoVirginia experienced a company-wide cyberattack, the organization knew that their board members needed a more secure solution for meeting and collaborating with one another. OrthoVirginia also wanted to bring greater efficiency to its paper-based procedures — including voting practices that would sometimes take two or three weeks to complete.

Bristol Bay Native Corporation’s board members often live in rural areas of Alaska that often don’t have reliable access to the internet or electricity. The corporation faced costly, time-consuming challenges in getting up-to-date meeting materials to trustees and ensuring that they were briefed before each meeting.  

In this episode of Inside Today's Boardrooms, we’re joined by Brad Sorrels, Chair of the Corporate Governance Litigation Practice at Wilson Sonsini. Sorrels discusses board communications, the risks associated with poor communication, and best practices to follow.

The emergence of AI has generated curiosity throughout the auditing industry. Through experimentation and quick adaptation, auditors are leveraging AI to enhance and speed their process.

In the present environment, auditors are asked to produce reports far more rapidly than previously expected. In order to meet changing requirements and expectations, they’re using AI to produce risk and control matrices, provide additional data inputs, and create other efficiencies throughout the auditing process.

“A single button click can deliver an entire value proposition that audit teams were spending weeks on. [AI] adds a ton of value to your process and to your organization,” says Mike Levy, CEO of Cherry Hill Advisory

Hear from these thought leaders about how the use of AI is impacting the work of internal auditors:

• Faizal Chaudhury, Deputy Chief Auditor of Sallie Mae
• Mike Levy, CEO of Cherry Hill Advisory
• Nick Geffers, Audit Director of Financial Services Company
• Naohiro Mouri, Executive Vice President & Chief Auditor of AIG

Visit https://www.diligent.com/lp/clarifyrisk for more.

In his over 15 years at MCS, James Wade’s audit and risk processes had remained stuck in laborious, time-intensive spreadsheets. By switching to Diligent, Wade was able to greatly improve the company's risk management processes.

In an era defined by heightened regulatory requirements and intensifying global scrutiny, effective risk management and governance are more critical than ever. This journey begins with trust, transparency, accountability, and strong collaboration between audit and governance functions.

Our latest video features industry leaders emphasizing the importance of collaboration and real-time information in areas like cybersecurity, ESG, and enterprise risk management. We explore how boards and leaders can enhance their oversight, insight, and foresight of risks and opportunities by promoting strong governance throughout the organization.

· Faizal Chaudhury, Deputy Chief Auditor of Sallie Mae · Jonathan Gibson of PwC UK · Mike Levy, CEO of Cherry Hill Advisory · Mike Peppers, Chief Audit Executive of The University of Texas System · Naohiro Mouri, Executive Vice President & Chief Auditor of AIG · Nithya Das, Chief Legal & Administrative Officer of Diligent · Sholpan Niyabayeva, Director of Internal Audit at Delivery Hero

Visit https://www.diligent.com/lp/clarifyrisk for more.

In this episode of Inside Today’s Boardrooms, we’re joined by Jon Szabo, Partner at Meridian Compensation Partners. Jon shares expert insights into the trends that compensation committees need to be aware of as they look toward 2025. He discusses the emerging areas that will demand more attention, the challenges that committees will face, and best practices.

In the current business landscape, which is both dynamic and intricate, organizations are confronted with an array of risks that have the potential to profoundly affect their operations, reputation, and financial standing. Changing regulatory environments and the emergence of AI have created a new set of hurdles for audit departments within organizations.

With new challenges continuously mounting, risk is often seen as a negative — but that has more to do with siloed auditors who are still seen as the ‘policeman’ of the company rather than an integral part of corporate planning. We asked industry leaders how the evolving relationship between internal audit and governance functions is changing this narrative.

"We expect our internal auditors to be more than just reporters; they must be communicators and collaborators. This cultural shift within organizations presents an opportunity for enhanced communication, relationship building, and development between the chief audit executive and their board," says Mike Peppers, Chief Audit Executive of The University of Texas System.

Hear from these thought leaders about how working together helps them to identify and prioritize the risks and opportunities that matter most:

• Faizal Chaudhury, Deputy Chief Auditor of Sallie Mae
• Jonathan Gibson of PwC UK
• Mike Levy, CEO of Cherry Hill Advisory
• Mike Peppers, Chief Audit Executive of The University of Texas System
• Naohiro Mouri, Executive Vice President & Chief Auditor of AIG
• Nithya Das, Chief Legal & Administrative Officer of Diligent
• Sholpan Niyabayeva, Director of Internal Audit at Delivery Hero

Visit https://www.diligent.com/lp/clarifyrisk for more.

In this episode of Inside Today’s Boardrooms, host Dottie Schindlinger talks with Maurice Crescenzi, Industry Practice Leader at Moody’s, about board oversight of enterprise risk management (ERM). They discuss the current state of ERM programs, the need for better risk benchmarking data, and effective communication strategies between management teams and the board.

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In this episode of Inside Today’s Boardrooms, Lisa Edwards sits down with Tamara Brightwell, a corporate partner at Wilson Sonsini’s DC office, to discuss the significant trends from the last proxy season and what to expect in the upcoming 2025 proxy season. Tamara provides insights into the key issues that shareholders were most vocal about, emerging trends board members should prepare for, and evolving strategies for shareholder engagement and activism.

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