Program Report: Corporate Governance – James Cox and Thomas Lee Hazen

Our program featured two experts on corporate governance, professors James Cox of Duke and Thomas Lee Hazen of UNC.

After a kind introduction from Rob Everett, the men took turns offering sage advice about selecting the right people for corporate and non-profit boards, among other things.

For starters, potential board members should know that their legal liability if the organization gets in hot water is slim to none, so that shouldn’t be a stumbling block. Good to know.

Cox discussed the problem of entrenched in-house auditors and recommended capping the length of service, just so they don’t get too cozy and can maintain some independence.

Responding to a question from Deana Labriola, Hazen said organizations should seek board members with some financial literacy. Very often board membership is something of a reward for big donors who might not bring that to the table. So Hazen recommended hiring a consultant to at least offer a crash course to your board.

The civic-minded folks in our club very often can be found in the leadership of many for-profit and non-profit organizations, so the two experts picked the right crowd for this how-to presentation.

Submitted by Matt Dees

News and Notices

Bulletin

Click through on the link to the pdf of the 7/30 Bulletin.

Calendar Reminders

Program

The program on Monday is on Corporate Governance . More information

Chicago

Wednesday is Rotary and Chicago at the DPAC.

Crayons2Calculators

Also, don’t forget Crayons2Calculators. More information at this post.

Program Write-up: District Governor Rick Carnagua asks “What is Your Rotary Moment?”

As President Don Stanger introduced our District Governor and listed his many accomplishments, the tone of Governor Carnagua’s speech was already set. Originally from Indiana and a graduate of Ball State with a degree in Finance, Carnagua has already had many careers, ranging from the pharmaceuticals industry to flooring. But it is his record of service, beyond Rotary, that truly impresses. He has clearly served his home of Cary well both on Boards at Parks and Recreation as well as Leadership Raleigh. As a Rotarian he has served as President, been named a Paul Harris Fellow numerous times and named Rotarian of the year twice. Just knowing what our own Vandana Dake does annually brought this into sharp focus: Rick Carnague has been a devoted Rotarian for 23 years.

Carnagua began by stating he was not “a podium guy” so he walked into our group as he spoke.   And explaining that he hasn’t worn a watch for over 12 years, he asked our own Newman Aguiar (and his Assistant District Governor) to watch his time for him.

He reminded the club that our district is large, encompassing 45 clubs and, as of today with the induction of Ernie Mills, Jr., we have 1,825 members. [Read more…]

News and Notes

Leadership Plan

At the meeting of July 16, President Don presented the Leadership Plan for the 2012-2013 Rotary Year.  The PowerPoint presentation that he used is available through this link in a pdf format.

Weekly Bulletin

The Rotary Bulletin that will be distributed at the meeting on July 23 is available in at this link in a pdf format.

July 23 Program

Our program on Monday will be the annual presentation by the new District Governor Rick Carnague. Details and the meeting location are here.

New Members and Paul Harris Fellows

Three new members were inducted last week and to Paul Harris Fellowships were awarded. Details and pictures will follow next week.

Rotary Supports the Emily K “Scholars for College” Program

Our Rotary Club administers two scholarship funds through the Triangle Foundation to support the youth in our community.  The Brown Family Scholarship, in memory of Fred and Shirley Brown, was recently awarded to Vianey Martinez.  The Rotary Board, in conjunction with the Brown Family determined that the goals of the Emily K Center’s “Scholars to College Program” aligned with the spirit of the scholarship and decided to award the scholarship to a graduating senior from the inagural class of Scholars to College.  These students demonstrate academic stamina, strong leadership skills, and serve as mentors and role models for younger students. All have a desire to further their education by attending college.

Vianey Martinez, (center in the picture) a graduate of Southern High School, graduated second in her class with a weighted GPA of over 4.6  She is a leader on campus, serving as Student Government Treasurer and President of the Future Business Leaders of America.  Vianey has authored several ‘My Views’ articles in the Durham News and has worked with SEEDS (South Eastern Efforts Developing Sustainable Spaces) throughout her high school years.  Vianey will be attending UNC Chapel Hill and plans to study business with the goal of entering the accounting profession.

With Vianey in the picture are Durham Rotary President Don Stanger, Ashlea Hitchcock, Programming and Partnerships Coordinator for the Emily K Center, Durham Rotary Vice President Meg Solera and Adam Eigenrauch, the Executive Director of the Emily K Center.

Program Report: Stuart Albright – The Power of a Diverse Public Education

Stuart AlbrightStuart Albright, a much honored teacher at Jordan High School, spoke to the club about his recently published book Bull CityStuart graduated from UNC with a degree in English and Creative Writing and from Harvard with a Master of Education.  Besides teaching English and Creative Writing at Jordan High for the last ten years, he also coaches football—undoubtedly a rare combination.  Apparently he teaches well but I suspect it is also his charisma and enthusiasm that inspires student creativity and excellence.  In 2006 he was named the Durham Public Schools Teacher of the Year.  Two years later, he received the National Milken Educator Award which Teacher Magazine calls the “Oscar” of teaching citations.   Those are not the accolades earned solely by well-crafted lectures and consistently superior student scores on standardized tests!

Stuart’s first two books were non-fiction, but they serve as prologue to his recently published novel.  Blessed Returns is an account of a summer spent working in the hard scrabble slums of Camden, New Jersey.  Sidelines: A North Carolina Story of Community, Race and High School Football, published in 2009 tells the stories of how high school football eased the transition from segregated school systems in nine North Carolina communities, including Durham and his native Gastonia. [Read more…]