Redefining Corporate Purpose
Join us on Nov. 21 at 5 p.m. as The Washington Post Live examines the provocative concept that American corporations have a significantly broader mandate than the almighty dollar. The Business Roundtable recently redefined the role of business in society, proposing that corporations put the responsibility to customers, employees, suppliers, and the environment on par with the responsibility to shareholders. In an atmosphere of widening economic inequality and a growing skepticism about business, companies across the country are upending the conventional wisdom that the paramount duty of a corporation is only to the bottom line.
We will gather a top CEO, other business executives and Washington Post economic reporters to examine how this proposal will actually play out, from corporate board rooms to Main Street. How will companies turn this aspirational statement into a new plan of action?
Brian Moynihan
CEO, Bank of America
Brian Moynihan leads a team of more than 200,000 employees dedicated to making financial lives better for people, companies of every size, and institutional investors across the United States and around the world. Bank of America is recognized as a top employer by Working Mother magazine and Military Times. The company is also listed on Fortune magazine’s list of the Best Workplaces for Diversity and the Best Workplaces for Parents. Moynihan participates in several organizations that focus on economic and market trends, including the World Economic Forum International Business Council, the Financial Services Forum, the Bank Policy Institute (chair), the Business Roundtable, and the American Heart Association CEO Roundtable (co-chair). He is also a member of the Federal Advisory Council of the Federal Reserve Board. Moynihan leads the company’s Global Diversity and Inclusion Council and is a member of the museum council for the Smithsonian’s National Museum of African American History and Culture. Moynihan is also a member of the Brown University Corporation's Board of Fellows and the Congressional Medal of Honor Foundation Board.
Kristen Silverberg
Executive Vice President, Policy at Business Roundtable
Ambassador Kristen Silverberg is Executive Vice President, Policy at Business Roundtable, where she leads the Policy team. She previously served as a Managing Director at the Institute of International Finance. She served in the George W. Bush Administration as U.S. Ambassador to the European Union from 2008 to 2009 and as Assistant Secretary of State for International Organization Affairs from 2005 to 2008. Prior to her time at the State Department, she held a number of senior positions at the White House including Deputy Domestic Policy Advisor.
Jill Schlesinger
CBS News Business Analyst
Jill Schlesinger, CFP®, is the Emmy-nominated and Gracie Award Winning Business Analyst for CBS News. Jill appears on CBS radio and television stations nationwide covering the economy, markets, investing and anything else with a dollar sign. She translates complicated business and economic news into understandable, relatable topics for everyday viewers and listeners. She is a weekly guest on NPR’s “Here and Now” and writes the nationally syndicated column “Jill on Money” for Tribune Media Services. Jill’s first book, The Dumb Things Smart People Do With Their Money: Thirteen Ways to Right Your Financial Wrongs, was published in February 2019 by Ballantine Books.
Moderated by Michael Duffy
The Washington Post
Content from Siemens: Opening Remarks
Barbara Humpton
CEO, Siemens USA
About Washington Post Live
Washington Post Live is the newsroom’s live journalism platform. Top-level government and business leaders, emerging voices and newsmakers discuss the most pressing national and global issues of the day.
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