Dramatic change, disruption, and uncertainty continue to shake up long-held strategic assumptions and require an ever-sharper focus on what’s ahead. Developing a vivid picture of the future (i.e. what will the business and industry look like in one, three, five, or more years out) is essential today as companies consider how that future will impact strategy.
KPMG’s Director Roundtable Series will explore:
The forces reshaping the business and risk landscape—from economic and geopolitical uncertainty to technological innovation and the digital economy
How boards can help the company envision the future and engage in quality discussions to evaluate the strategy, including:
setting expectations for the board’s engagement in strategy
adjusting the setup and staging of board strategy discussions—number of meetings, agenda, information requirements—to drive the right focus and dynamics
challenging strategic assumptions and including diverse views
monitoring critical alignments—strategy and risk management, key performance indicators, controls and incentives, culture, and talent—as the strategy changes.
Independent Director (PAA, PAGP)
Senior Advisor, TPH/PWP
Following a long career in the energy industry, Alexandra “Alie” Pruner now serves as an Independent Director on public company boards, including Plains All American and its GP (NYSE: PAA; PAGP) and until its combination with Occidental, she served on the board of Anadarko Petroleum (NYSE: APC). She also serves a Senior Advisor to the investment bank Perella Weinberg Partners, and its energy arm, Tudor, Pickering, Holt & Co. (TPH). A founding partner of TPH, Ms. Pruner served as CFO of the firm for 12 years, including serving as CFO of Perella Weinberg Partners following TPH’s merger with that global investment bank and asset management firm in 2016. Prior to the founding of TPH in 2007, she served as publisher of World Oil magazine focusing on the technical aspects of the oilfield services sector. Ms. Pruner’s energy experience also includes nearly 10 years with E&P and midstream companies (Houston Exploration and NUI Corporation), in financing and investor relations positions. Her initial Wall Street experience includes six years with Shearson Lehman Brothers, where she served as a Vice President in New York.
Ms. Pruner was recently named as Oil & Gas Investor’s top 25 Influential Women in Energy and was also named CFO of the Year in 2013 by the Houston Business Journal. Active in community affairs, Ms. Pruner currently serves on the Executive Committee of the United Way of Greater Houston, Board Member of the Houston Zoo, and as Chair of Brown University’s President’s Advisory Council on the Economics Department. She holds a BA in Economics from Brown University, and she and her husband have two grown children.
Partner and Board Leadership Center Lead Partner, KPMG
Dennis Whalen is the Leader of the KPMG Board Leadership Center, which champions outstanding governance to help drive long-term corporate value and enhance investor confidence. Through an array of programs and perspectives—including KPMG’s Audit Committee Institute and Private Markets Group, the WomenCorporateDirectors Foundation, and more—the Center engages with directors and business leaders to help articulate their challenges and promote continuous improvement. Drawing on insights from KPMG professionals and governance experts worldwide, the Center delivers actionable thought leadership—on risk and strategy, talent and technology, globalization and compliance, financial reporting and audit quality, and more—all through a board lens.. Dennis is a frequent speaker on board governance and audit committee issues.
With over 30 years of public accounting experience, Dennis has served several of KPMG’s top clients, has led KPMG’s audit practices in Houston and Kansas City, and has represented the Audit practice on a cross-functional team of senior partners focused on making strategic investments for the Firm and driving innovation into its businesses. He also has served as a member of KPMG’s National Audit Leadership team and the Firm’s U.S. and Americas Boards of Directors, including serving as Chair of the Audit, Finance & Operations Committee.
Dennis currently serves as the global lead partner for Pfizer leading a team of 1,000 professionals operating in more than 60 countries. Dennis also serves as account executive on Weatherford International and Cheniere Energy. Dennis served as the lead partner on The Shaw Group, Inc., a global engineering, procurement, and construction company and Halliburton Company, a global oilfield services company.
Dennis served on the Firm’s US and Americas Boards of Directors from 2006 through 2011 and Chaired the Board’s Audit, Finance & Operations Committee from 2010 through 2011. Dennis served as the Partner-in-Charge of the Houston Business Unit Audit Practice from 2003 through 2009 leading the practice through a period of significant growth and regulatory challenges.
From 1998 to 2002 Dennis was the lead partner on Koch Industries, Inc., a Wichita, Kansas based company and also led our Kansas City office’s Audit practice during the last 2 Â½ years of that assignment.
From 1995 to 1997 Dennis was seconded to Hong Kong to help KPMG meet the needs of GE and Pepsi as they expanded their operations the Asian marketplace. Prior to his secondment, Dennis played a lead role on the GE Company global audit based in Fairfield, CT. He joined KPMG in 1982 in Stamford, Connecticut and he was admitted to the Firm’s partnership in 1995.
Tandra Jackson is a Principal in KPMG’s Houston office. She has over 25 years of professional experience across multiple industries, including energy and chemicals, industrial manufacturing, and healthcare. Her experience extends across a broad range of areas including business process improvement, systems selection and implementation, IT audit, and governance, risk, and compliance. She is an MBA and Certified Information Systems Auditor. Tandra serves as KPMG's Office Managing Partner for the Houston Major Market, is on the KPMG Foundation Board, KPMG African American Network Advisory Board, and serves on the Nominating Committee for KPMG's Board. Additionally, she is on several non-profit boards, including Ronald McDonald House of Houston, Houston Zoo, Central Houston and Greater Houston Partnership.
As Office Managing Partner (OMP), Tandra’s responsibilities include helping to lead the growth and success of the firm’s audit, tax and advisory practices in Houston, as well as ensuring that KPMG’s clients receive exceptional service from the firm and that partners and employees view KPMG as a great place to work and build their career. In her OMP role, Tandra coordinates KPMG’s community involvement activities and ensures the firm’s professionals are “paying it forward” in their communities. Tandra has spoken at forums such as: KPMG’s Global Energy Conference, KPMG Insights, National Women’s Council Houston Conference, and the Women in Leadership Symposium.
Tandra has provided professional services to a variety of companies focused on governance, process improvement, and change adoption. She has worked across the energy value chain, including efforts assisting upstream, field services, midstream, and downstream companies with governance, risk management, and process improvement. Specifically, Tandra has led efforts to assist companies with the following objectives:
— Assess, design, and test processes and controls, including development of control self-assessment frameworks and SharePoint based monitoring solutions
— Process and configuration analysis and design of security models and operating processes within SAP and Oracle environments
— Assess and remediate ERP security and control risks
— IT governance and operation including identification of current and desired maturity levels and roadmap development to achieve future state
— IT risk management framework development to drive tighter alignment with enterprise risk and IT operations
— Business impact analysis and continuity planning, including program design, documentation, and roll-out
— Current and future state process mapping, and gap analysis relative to client ERP environments, including assessment of ERP system configuration and associated accounts payable business processes
— System functionality fit/gap analysis, and process decomposition to determine opportunities for standardization and efficiency
— Process and technology consolidation, including feasibility analysis and business case planning, design, and implementation of solutions
— Organizational change management and project management for systems implementation and organization divestiture initiatives
— ERP and Integrator analysis and selection
— IPO readiness assessment and preparation
— Enterprise risk management framework development and assessment
— Internal Audit risk assessment, plan development, execution, and reporting