CECP Announces KPMG U.S. Chairman and CEO Lynne Doughtie, Johnson & Johnson Chairman and CEO Alex Gorsky, and USAA CEO Stuart Parker to Join Board of Directors
NEW YORK, April 5, 2018 /3BL Media/ - As part of its continuing efforts to create a better world through business, CECP: The CEO Force for Good announced that it will add three top CEOs to the organization’s Board of Directors: KPMG U.S. Chairman and CEO Lynne Doughtie, Johnson & Johnson Chairman and CEO Alex Gorsky, and USAA CEO Stuart Parker. As a CEO-led coalition of more than 200 of the world’s largest companies, CECP believes a company’s social strategy – how it engages with key stakeholders including employees, communities, investors, and customers – determines a company’s success. Mr. Gorsky will also serve as Co-Chair of CECP’s Strategic Investor Initiative, alongside Bill McNabb, Chairman, Vanguard.
“CECP has always been recognized for its unparalleled partnerships with the foremost leaders in business,” said Doug Conant, Founder and CEO, ConantLeadership; former CEO, Campbell Soup Company; former Chairman, Avon Products; and Chairman, CECP. “With Alex, Lynne, and Stuart joining our Board of Directors, CECP’s CEO-led coalition becomes ever more relevant to today’s dynamic business strategy conversation. We look forward to advancing CECP’s mission with guidance from their combined strategic and business acumen.”
Founded in 1999 by actor and philanthropist Paul Newman and other business leaders to create a better world through business, CECP has grown to a movement of more than 200 of the world’s largest companies that represent $7 trillion in revenues, $18.6 billion in societal investment, 13 million employees, and $15 trillion in assets under management.
“As stewards in CECP’s efforts to advance business as a Force for Good, Lynn, Alex, and Stuart exemplify top leadership across industries and join a long list of distinguished CECP Directors,” said Daryl Brewster, CEO, CECP. “We are privileged to work alongside each of them and are eager to take advantage of their talents, insights, and executive expertise.”
Lynne Doughtie became KPMG’s U.S. Chairman and CEO in July 2015. In the first half of 2017, she announced KPMG’s largest capital investment in the firm’s history, the construction of a $450 million, 55-acre learning, development, and innovation facility in the Lake Nona community of Orlando. As the first female to serve as both Chairman and CEO of one of the “Big Four” professional services firms, she is a strong advocate for women and continues to lead the KPMG Women’s Leadership Summit, an initiative focused on advancing more women into the C-suite. Prior to becoming Chairman and CEO, she served as vice chair of KPMG’s Advisory business, establishing it as the firm’s fastest-growing business. She also oversaw the expansion of KPMG’s capabilities in innovative services and solutions, including information security, strategy, digital/mobile, and transformation.
“At KPMG, we live our values in tangible ways, supporting a wide range of initiatives that seek to benefit society. We’re especially passionate about championing lifelong learning, which is fundamental to building strong communities, companies, and economies,” said Ms. Doughtie. “As a driving force for championing the business value of strategic societal investments, CECP has been helping make a difference for decades, and I’m very excited to join their efforts.”
Alex Gorsky became CEO of Johnson & Johnson in April 2012 and Chairman in December 2012. Alex began his Johnson & Johnson career as a sales representative with Janssen Pharmaceutica in 1988. Over the next 15 years, he advanced through positions of increasing responsibility in sales, marketing and management including assignments in the U.S., Europe, Africa and the Middle East. He progressed through many management posts at J&J.
Under Alex Gorsky’s leadership, Johnson & Johnson continues in its 132nd year to be one of the world’s exceptional corporations. The company was given the #1 ranking on Barron’s Magazine’s 2016 list of the “World’s Most Admired Companies,” and is currently the number one Pharmaceutical company on Fortune Magazine’s list of the “World’s Most Respected Companies.”
“At Johnson & Johnson, our credo challenges us to put the needs and well-being of the people we serve first. As part of the coalition, CECP keeps us moving forward, always daring us to do more,” said Mr. Gorsky. “I’m thrilled to join CECP and be part of the advancing the work both our companies – and so many others – believe is critically important now and for the future.”
Stuart Parker became CEO-elect of USAA in August 2014 and has served as CEO since March 2015. After joining USAA in 1998, Parker led the development of USAA's financial planning practice and served as president of Financial Planning Services from 2004 to 2007. For the next five years, he led USAA's Property and Casualty Insurance Group, frequently recognized as one of the nation's leading insurers for customer service and advocacy. As chief financial officer from 2012 to 2014, he led an enterprise team focused on the continued growth of USAA's financial strength.
“USAA is proud to stand with CECP and to encourage companies to examine how they operate beyond the bottom line,” said Mr. Parker. “Since 2015, CECP has influenced our decision making, bolstering our commitment to employees and our communities. I am honored to take on a leadership role in the organization, and to help chart new paths in corporate social strategy.”
Ms. Doughtie, Mr. Gorsky, and Mr. Parker join the current Board of Directors which includes:
- Douglas R. Conant, Founder and CEO, ConantLeadership; Former CEO, Campbell Soup Company (Chairman)
- Mitch Barns, CEO, Nielsen
- Patrick Burke, President and CEO, HSBC USA Group
- Thomas DeRosa, CEO and Director, Welltower
- Theodore Dysart, Vice Chairman, Heidrick & Struggles International, Inc.
- Richard Edelman, President and CEO, Edelman
- Robert H. Forrester, President and CEO, Newman’s Own Foundation; Executive Chairman, Newman’s Own
- Alan G. Hassenfeld, Chairman, Executive Committee, Hasbro, Inc.
- Shelly Lazarus, Chairman Emeritus, Ogilvy & Mather
- Bill McNabb, Chairman, Vanguard
- Deanna Mulligan, President and CEO, The Guardian Life Insurance Company of America
- Duncan L. Niederauer, Former CEO, NYSE
- Michael I. Roth, Chairman and CEO, Interpublic Group
CECP’s Board of Directors also includes the following Directors Emeritus:
- Marilyn Carlson Nelson, Former Chairman and CEO, Carlson Holdings, Inc.
- Kenneth T. Derr, Former Chairman and CEO, Chevron Corporation
- Henriette Fore, Executive Director, United Nation’s Children’s Fund
- Harold McGraw, III, Chairman Emeritus, S&P Global
- David Rockfeller, Former Chairman and CEO, Chase Manhattan Corporation (June 12, 1915 – March 20, 2017)
- Paul Volcker, Former Chairman, Federal Reserve
- Sanford Weill, Chairman Emeritus, Citigroup, Inc.
- John C. Whitehead, Former Co-Chair, Goldman, Sachs, & Co., Former Deputy Secretary of State (April 2, 1922 – February 7, 2017)
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ABOUT CECP: THE CEO FORCE FOR GOOD
CECP is a CEO-led coalition that believes that a company’s social strategy — how it engages with key stakeholders including employees, communities, investors, and customers —determines company success. Founded in 1999 by actor and philanthropist Paul Newman and other business leaders to create a better world through business, CECP has grown to a movement of more than 200 of the world’s largest companies that represent $7 trillion in revenues, $18.6 billion in societal investment, 13 million employees, and $15 trillion in assets under management. CECP helps companies transform their social strategy by providing customized connections and networking, counsel and support, benchmarking and trends, and awareness building and recognition.
