Executive in Residence, Wake Forest University School of Business
John Allison is an Executive in Residence at the Wake Forest School of Business. He is a member of the Cato Institute’s Board of Directors and Chairman of the Executive Advisory Council of the Cato Institute’s Center for Monetary and Financial Alternatives. Allison was president and CEO of the Cato Institute from October 2012 to April 2015. Prior to joining Cato, Allison was chairman and CEO of BB&T Corporation, the 10th-largest financial services holding company headquartered in the United States. During his tenure as CEO from 1989 to 2008, BB&T grew from $4.5 billion to $152 billion in assets. He was recognized by theHarvard Business Reviewas one of the top 100 most successful CEOs in the world over the last decade.
Allison has received the Corning Award for Distinguished Leadership, been inducted into the North Carolina Business Hall of Fame, and received the Lifetime Achievement Award from theAmerican Banker. He is the author of The Financial Crisis and the Free Market Cure: Why Pure Capitalism Is the World Economy’s Only Hope and The Leadership Crisis and the Free Market Cure: Why the Future of Business Depends on the Return to Life, Liberty, and the Pursuit of Happiness. In addition, he is a former Distinguished Professor of Practice at Wake Forest University School of Business, and serves on the Board of Visitors at the business schools at Wake Forest, Duke, and the University of North Carolina–Chapel Hill.
Allison is a Phi Beta Kappa graduate of the University of North Carolina–Chapel Hill. He received his master’s degree in management from Duke University and is also a graduate of the Stonier Graduate School of Banking. Allison is the recipient of six honorary doctorate degrees.
Secretary, US Department of Transportation
The Honorable Elaine L. Chao, the 24th U. S. Secretary of Labor who served from 2001-2009, is the first American woman of Asian descent to be appointed to a President’s Cabinet in our nation’s history. On January 31, 2017, she was confirmed as the 18th U.S. Secretary of Transportation.
An immigrant who arrived in America at the age of eight speaking no English, Secretary Chao received her citizenship at the age of 19. Her experience transitioning to a new country has motivated her to dedicate most of her professional life to ensuring that everyone has the opportunity to build better lives.
As the first U. S. Secretary of Labor in the 21st century, Elaine L. Chao focused on increasing the competitiveness of America’s workforce by restructuring department programs to empower workers and modernizing regulations to respond to the realities of the 21st century workplace. Under her leadership, the U.S. Department of Labor achieved record results in protecting the health, safety, wages, and retirement security of the nation’s workforce.
Secretary Chao’s distinguished career spans the public, private and non-profit sectors. As President and Chief Executive Officer of United Way of America, she restored public trust and confidence in one of our nation’s premier charitable institutions after it had been tarnished by financial mismanagement and abuse. As Director of the Peace Corps, she established the first programs in the newly liberated Baltic nations and the independent states of the former Soviet Union. Her government service also includes serving as Deputy Secretary at the U.S. Department of Transportation, Chairman of the Federal Maritime Commission, Deputy Maritime Administrator, and White House Fellow. Prior to her government service, she was Vice President of Syndications at BankAmerica Capital Markets Group and a banker with Citicorp in New York.
Secretary Chao earned her MBA from the Harvard Business School and an economics degree from Mount Holyoke College. Recognized with innumerable awards for her public and community service, she is the recipient of 36 honorary doctorate degrees from colleges and universities across the globe.
Secretary Chao is a resident of Kentucky. Prior to her appointment as Secretary of Transportation, she was a Distinguished Fellow at the Hudson Institute.
She is the eldest of six daughters of Dr. James S.C. Chao and the late Mrs. Ruth Mulan Chu Chao.
David McIntosh is a leader for the principles of limited constitutional government and individual freedom. He is president of the Club for Growth, the leading advocate for economic liberty.
Former Congressman David McIntosh represented Indiana's 2nd Congressional District in the United States Congress from 1995-2001. As a Freshman, David chaired the Subcommittee on Regulatory Relief. He passed the Congressional Review Act and held extensive oversight and field hearings to build a record of public support for regulatory relief initiatives in energy, biotechnology, pharmaceutical, healthcare, transportation and technology sectors. Another issue that he championed was the elimination of the marriage penalty in the Federal Tax Code.
David served during the Reagan administration as special assistant to Attorney General Edwin Meese III, and as special assistant to President Reagan for Domestic Affairs. During the first Bush administration, he served as executive director of the President's Council on Competitiveness and assistant to the Vice President. The Competitiveness Council coordinated the cost/benefit review of major regulations and promoted legal reform measures.
David is a co-founder of the Federalist Society for Law and Public Policy and serves on the Board of Directors. He remains active with several free market and conservative think tanks and grassroots organizations. David has also had stints at the Hudson Institute and as a Professor of Economics at Ball State School of Business.
Prior to the Club for Growth, David was a partner at Mayer Brown, LLP in Washington, DC.
David graduated from the University of Chicago Law School in 1983, and Yale University, BA, cum laude, in 1980. He and his wife, Ruthie, are the proud parents of Ellie age 17 and Davey age 13.
Nusbaum Professor of Law and Business, New York University School of Law
Professor William Allen moved to New York University School of Law in 1997, following twelve years as Chancellor of the Court of Chancery of the State of Delaware, widely considered the leading trial court in the US for questions of business and corporation law. At the NYU, Allen is the Nusbaum Professor of Law & Business and serves on both the Law School faculty and as Clinical Professor of Business in the Finance Department of the Stern School of Business. At NYU he founded the Pollack Center for Law & Business to serve as a bridge between the students and faculty of the Law School and the Stern School of Business. See www.stern.nyu.edu/clb.
The author of various articles on corporate law and corporate governance, Allen teaches Corporation Law, Corporate Governance, Law and Business of Corporate Transactions, and Mergers and Acquisitions at both the Law School and Stern. He organizes a seminar series on Law & Finance at the Stern School in the Spring. Through the Pollack Center for Law & Business Allen originated the Advanged Professional Certificate in Law & Business, a summer program to enable law students to get graduate level training in business; organizes a speaker series in which senior business and legal professionals come to campus, and, jointly with the University of Pennsylvania organizes an annual academic conference on topics in Law & Finance.
Allen also has an academic and professional interest in international commercial arbitration. He serves as counsel to the New York law firm of Wachtell, Lipton, Rosen & Katz, with whom he consults concerning questions of corporate law and governance.
Retired Edgar S. Woolard, Jr. Chair in Corporate Governance, University of Delaware
Professor Elson is the Edgar S. Woolard, Jr., Chair in Corporate Governance and the Director of the John L. Weinberg Center for Corporate Governance at the University of Delaware. He is also "Of Counsel" to the law firm of Holland & Knight. He formerly served as a Professor of Law at Stetson University College of Law in St. Petersburg, Florida from 1990 until 2001. His fields of expertise include corporations, securities regulation and corporate governance. He is a graduate of Harvard College and the University of Virginia Law School, and has served as a law clerk to Judges J. Harvie Wilkinson III and Elbert P. Tuttle of the United States Court of Appeals for the Fourth and Eleventh Circuits. He has been a Visiting Professor at the University of Illinois College of Law, the Cornell Law School, and the University of Maryland School of Law, and is a Salvatori Fellow at the Heritage Foundation in Washington, D.C. and a member of the American Law Institute. Professor Elson has written extensively on the subject of boards of directors. He is a frequent contributor on corporate governance issues to various scholarly and popular publications. He served on the National Association of Corporate Directors' Commissions on Director Compensation, Director Professionalism, CEO Succession, Audit Committees, Strategic Planning and Director Evaluation, was a member of its Best Practices Council on Coping With Fraud and Other Illegal Activity, and presently serves on that organization’s Advisory Council. He is Vice Chairman of the ABA Business Law Section’s Committee on Corporate Governance and a member of its Committee on Corporate Laws. Additionally, Professor Elson served as an adviser and consultant to Towers Perrin, the international human resource management consultants, a director of Circon Corporation, a medical products maker; Sunbeam Corporation, the consumer products manufacturer; Nuevo Energy Company, an independent oil and natural gas producer, the Investor Responsibility Research Center, a non-profit corporate governance research organization, Alderwoods Group, an international death care services provider and is presently, a member of the Board of Directors of AutoZone, Inc., the national automobile parts retailer, HealthSouth Corporation, a healthcare services provider.
Bell, McAndrews & Hiltachk, LLP
Ethical Considerations: A View from the Appellate Bench
Montgomery, Alabama14th Annual Barbara K. Olson Memorial Lecture
John A. Allison
Good evening. It’s really both a pleasure and honor to be here. I want to...
Elaine Chao Address Before The Federalist Society at the 2003 National Lawyers Convention
Elaine L. Chao, David M. McIntosh
Address by Secretary Elaine Chao, U.S. Department of LaborIntroduction by Hon. David McIntosh, Federalist Society...
Corporate Responsiblity, Business Ethics, and Professional Responsiblity
Edward Labaton, Frank Newman, Anthony J. Horan, William T. Allen, Charles Elson
Following are excerpts from a panel discussion on corporate governance from the Fourth Annual Conference on...
Proposition 226 Paycheck Protection: the California Experience
Charles H. Bell
"Paycheck Protection" legislation has been introduced in nearly a dozen states and in Congress in...