To help guide the program, Y-SIM has established an Advisory Board of experienced and esteemed leaders.
John Seifert, (Chair)
Today’s employees, consumers, shareholders, and citizens expect more of companies and those who lead them. The Program on Stakeholder Innovation and Management at Yale SOM will play an important role in helping leaders meet and exceed those expectations.
John spent 42 years with The Ogilvy Group, an advertising and marketing services company, the last five years of his career as Worldwide CEO. He retired in December 2021.
John joined Ogilvy in 1979 as a summer intern in Los Angeles. He quickly rose through the account management ranks on accounts such as: Universal Studios, Mattel Toys, and Mattel Electronics (Intellivision video game system). In 1983 John was transferred to Ogilvy Chicago to lead several business lines of Sears Roebuck (Automotive, Computer systems, and Home appliances).
In late 1985, John was promoted to General Manager of Ogilvy Thailand, where he led one of the Ogilvy network’s fastest growing and most profitable business units. While in Thailand he was the senior director responsible for the American Express account across Southeast Asia. In 1988, John was promoted to Country Manager for Ogilvy Singapore, responsible for Ogilvy’s advertising, direct marketing, public relations, and sales promotion businesses.
In October 1992, John transferred to Ogilvy New York to lead the American Express account globally, one of Ogilvy’s five largest worldwide clients. For the next 15 years, John led a growing portfolio of Ogilvy’s most valued global clients including: BP, Siemens, DuPont, Kraft, IBM, SAP, Kimberly-Clark, Nestle, Coca-Cola, Ford, SC Johnson, Unilever, Samsung, and many more. As
Chairman of the Ogilvy Global Brand Community (the network’s 50 largest clients), he was responsible for Ogilvy’s client service delivery on over $1 billion in annual revenue.
In 2009 John was promoted to lead Ogilvy North America, the largest operating region in the network. In 2016 John was promoted to CEO of the Ogilvy Group globally, across 50+ markets, five core lines of business, 15,000+ people, and $2.5 billion in annual revenue.
Throughout his career, John partnered closely with CEOs and their leadership teams on enterprise, product, and service branding needs. He has personally led the work on some of Ogilvy’s most famous creative branding campaigns including: “Membership” for American Express, “Beyond Petroleum” for BP, and “Miracles of Science” for DuPont.
John now lives full time in Palm Beach Gardens, Florida. He serves on the Boards of Jupiter Medical Center, Dynasty Financial Partners, and buildOn, a non-profit organization based in Stamford, CT dedicated to supporting at risk high school students in the country’s most challenged urban neighborhoods through service-learning programs. BuildOn also builds schools through local
community partnerships in some of the world’s most impoverished countries.
In addition, John now chairs the Board of Advisors for Y-SIM, “The Program on Stakeholder Innovation and Management” at the Yale School of Management (SOM).
Founder and CEO
Kenneth I. Chenault
Chairman and Managing Director
Former Chairman and CEO
The scope of this program is both ambitious and pragmatic. Supporting entrepreneurs to start and grow mission-driven companies is critical work. We have an opportunity to ensure that the next generation of leaders and businesses operates with responsible innovation at their core, and to demonstrate that, for companies to withstand the test of time, it is not just possible, but necessary, to create both economic and societal value.
Kenneth I. Chenault is the Chairman and a Managing Director of the venture capital firm, General Catalyst. As a managing director of the firm, he focuses on investing in fast-growing companies that have the potential to become large, fundamental institutions. He also provides invaluable guidance to portfolio companies, particularly to those with an eye towards global markets and responsible innovation, as they scale their teams and products. As chairman, Ken leverages his renowned leadership abilities and experience to continue to evolve General Catalyst into a formidable and enduring firm. Prior to joining General Catalyst, Ken was Chairman and Chief Executive Officer of American Express Company, a position he held from 2001 to 2018. He joined American Express in 1981 as Director of Strategic Planning and served subsequently in a number of increasingly senior positions, including Vice Chairman and President and Chief Operating Officer, until his appointment as CEO. Under his leadership, American Express built one of the world’s largest customer loyalty programs – Membership Rewards – and earned global recognition as a leader in customer service. Upon Ken’s retirement from American Express, Warren Buffett, the company’s largest shareholder stated, “Ken's been the gold standard for corporate leadership and the benchmark that I measure others against.”
Ken is recognized as one of the business world’s experts on brands and brand management. He has been honored by multiple publications including Fortune Magazine, which named him as one of the World’s 50 Greatest Leaders in its inaugural list in 2014 and, most recently, in 2021. TIME celebrated Ken together with Ken Frazier in the TIME100 Most Influential People of 2021 list for their corporate and social activism –specifically, for mobilizing hundreds of corporate leaders to advocate for equitable voting rights in the U.S., and for co-founding OneTen, a coalition of leading executives coming together to upskill, hire and advance one million Black Americans over the next 10 years into family-sustaining jobs with opportunities for advancement.
Ken serves on the boards of Airbnb, Berkshire Hathaway, Chief, Guild Education, and the Harvard Corporation. Ken is on the boards of numerous nonprofit organizations, including the Smithsonian Institution’s Advisory Council for the National Museum of African American History and Culture, the National September 11 Memorial and Museum at the World Trade Center, Bloomberg Philanthropies, the Council on Foreign Relations, and the Human Centered Artificial Intelligence Institute Advisory Council at Stanford University. He also serves on the board of trustees for NYU Langone Health, and as co-chair of Concordance’s First Chance campaign to end the cycle of incarceration. Ken holds a JD from Harvard Law School and a BA in history from Bowdoin College. He has also received honorary degrees from several universities and awards from a wide variety of civic, social service, and community organizations.
He and his wife, Kathryn, live in New York City, and they have two sons.
Louis V. Gerstner, Jr.
Retired Chairman and CEO
The proposition that an organization exists to create value for the stakeholders that matter to its success is hardly new. What is new is the landscape—one shaped by new levels of complexity, interdependence, speed, and transparency. That calls for new leadership practices—new kinds of learning, new management skills and systems, new approaches to innovation. Y-SIM is a promising step toward addressing those needs.
Louis V. Gerstner, Jr. served as chief executive officer and chairman of the board of IBM Corporation from April 1993 to March 2002 and chairman until his retirement in December 2002.
Following IBM, Mr. Gerstner joined The Carlyle Group, a global private equity firm located in Washington, D.C. He served as chairman from January 2003 until October 2008 and upon retiring from that position, he continued as a senior advisor to Carlyle through September 2016. Before joining IBM, Mr. Gerstner served as chairman and chief executive officer of RJR Nabisco, Inc. Prior to that he served as President of the American Express Company and was a director of the management consulting firm, McKinsey &Co., Inc.
A native of Mineola, New York, Mr. Gerstner received a bachelor’s degree in engineering from Dartmouth College in 1963 and an MBA from Harvard Business School in 1965. He is a member of the National Academy of Engineering, a Fellow of the American Academy of Arts and Sciences and has been awarded honorary doctorates from a number of U.S. universities.
Mr. Gerstner was chairman of the board of directors of the Broad Institute of MIT and Harvard from 2013 through May 2021. He is a member of the board of Memorial Sloan- Kettering Cancer Center and chairman emeritus of the board of the Gerstner Sloan Kettering Graduate School of Biomedical Sciences. He was vice chairman of the board of the American Museum of Natural History from 2007 until 2020; chairman of the board of advisors for the Columbia Medical Center Department of Ophthalmology from 1998 to 2012; and served as a member of the board of the Council on Foreign Relations from 1995 to 2005, and a member of the board of directors of the National Committee on US- China Relations from 2004 to 2011. In past years, he was a director on numerous public company boards including Bristol-Myers Squibb, The New York Times, American Express, AT&T, and Caterpillar, Inc.
A lifetime advocate of the importance of quality K-12 education in America, Mr. Gerstner created The Teaching Commission in 2003 to develop specific policy recommendations to raise the stature, performance, and accountability of teachers in U.S. schools. From 1996 to 2002 he co-chaired Achieve, an organization created by U.S. Governors and business leaders to drive high academic standards for public schools in the United States. At IBM he established Reinventing Education as a strategic partnership with 21 states and school districts which utilize IBM technology and technical assistance to eliminate key barriers to school reform and improve student performance.
He has received numerous awards for his work in education, among them the Cleveland E. Dodge Medal for Distinguished Service to Education - Teachers College, Columbia University, and the Distinguished Service to Science and Education award from the American Museum of Natural History. In recognition of his work on behalf of public education, as well as his business accomplishments, Mr. Gerstner was awarded the designation of honorary Knight of the British Empire by Queen Elizabeth II in June 2001.
Mr. Gerstner is the author of Who Says Elephants Can’t Dance, the best-selling account of IBM’s transformation; and he is the co-author of the book Reinventing Education: Entrepreneurship in America’s Public Schools.
Center for Global Enterprise
Former Chairman and CEO
Newly appointed CEOs are often surprised to learn how much of their role is to lead their organizations at the intersection of many stakeholders. That is not the time to learn how to manage this complex dynamic with skill and responsibility. Y-SIM will help address this need for students and for leaders rising in organizations.
Samuel J. Palmisano is the Chairman of the Center for Global Enterprise, a private, nonprofit, nonpartisan research institution devoted to the study of the contemporary corporation, the management science in a globally interconnected world. The CGE was established in 2013 to help educate societal stakeholders – as well as leaders from the private sector, public sector, and academia – on the globally integrated economy and its promise for a better future.
From January 1, 2003, through December 31, 2011, Samuel J. Palmisano was chairman, president and chief executive officer of IBM. He was chairman of the Board from January through September 2012 and served as a senior adviser to IBM until his retirement on December 1, 2012. Under his leadership, IBM achieved record financial performance, introduced Watson and its Smarter Planet agenda.
Mr. Palmisano began his career with IBM in 1973 in Baltimore, Maryland. In a 39-year career with the company, he held leadership positions that included senior vice president and group executive of the Personal Systems Group, senior vice president and group executive of IBM Global Services, senior vice president and group executive of Enterprise Systems and president and chief operating officer.
Mr. Palmisano is a graduate of The Johns Hopkins University. Among his many business accomplishments, Mr. Palmisano was awarded an Honorary Degree of Doctor of Humane Letters from Johns Hopkins University in 2012 and from Rensselaer Polytechnic Institute in 2005. In 2006, he was awarded an Honorary Fellowship from the London Business School. Mr. Palmisano has received a number of business awards, including the Atlantic Council’s Distinguished Business Leadership Award in 2009 and the inaugural Deming Cup, presented in 2010 by the W. Edwards Deming Center for Quality, Productivity and Competitiveness at Columbia Business School. In 2013, Mr. Palmisano was awarded the French Legion of Honor for his many accomplishments during his successful career at IBM, as well as for his personal commitment to French-American friendship. He is also an elected member of the American Academy of Arts and Sciences and served as co-chair of the Council on Competitiveness’s National Innovation Initiative.
Mr. Palmisano was the Vice Chair of the Presidential Commission focused on enhancing national cybersecurity under President Obama. Prior to that, he and Ambassador Negroponte co-chaired the task force on Defending an Open, Global, Secure, and Resilient Internet for the Council on Foreign Relations.
Mr. Palmisano is a member of the Board of Directors for Bloomberg Philanthropies. In addition, he has founded Palmisano LLC, which partners with Jim Breyer of Breyer Capital and is focused on investments in emerging technology segments.
Dr. Lisa Su
Advanced Micro Devices
Chair and CEO
The Yale Program on Stakeholder Innovation and Management provides future leaders unique training and support focused on the important intersection of business management and stakeholder relationships. Y-SIM harnesses the collective resources of academia and industry to collaboratively develop the next generation of leaders with the skills to lead positive change.
Dr. Lisa T. Su is chair and chief executive officer of AMD. Prior to serving as president and CEO, she was the chief operating officer responsible for integrating AMD’s business units, sales, global operations, and infrastructure enablement teams into a single market-facing organization responsible for all aspects of product strategy and execution. Dr. Su joined AMD in January 2012 as senior vice president and general manager, global business units and was responsible for driving end-to-end business execution of AMD products and solutions.
Prior to joining AMD, Dr. Su served as senior vice president and general manager, Networking and Multimedia at Freescale Semiconductor, Inc. (a semiconductor manufacturing company) and was responsible for global strategy, marketing and engineering for the company’s embedded communications and applications processor business. Dr. Su joined Freescale in 2007 as chief technology officer, where she led the company’s technology roadmap and research and development efforts.
Dr. Su spent the previous 13 years at IBM in various engineering and business leadership positions, including vice president of the Semiconductor Research and Development Center responsible for the strategic direction of IBM’s silicon technologies, joint development alliances, and semiconductor R&D operations. Prior to IBM, she was a member of the technical staff at Texas Instruments Inc. in the Semiconductor Process and Device Center from 1994 to 1995.
Dr. Su has bachelor’s, master’s and doctorate degrees in electrical engineering from the Massachusetts Institute of Technology (MIT). She has published more than 40 technical articles and was named a Fellow of the Institute of Electronics and Electrical Engineers in 2009. In 2018, Dr. Su was elected to the National Academy of Engineering and received the Global Semiconductor Association’s Dr. Morris Chang Exemplary Leadership Award. In 2020, Fortune named Dr. Su #2 on its “Business Person of the Year” list, she was elected to the American Academy of Arts & Science, and received the Grace Hopper Technical Leadership Abie Award. In 2021, she was recognized by the IEEE with its highest semiconductor honor, the Robert N. Noyce Medal, and was appointed by President Biden to the President’s Council of Advisors on Science and Technology. She has been a member of the board of directors of Cisco Systems, Inc., since January 2020 and also serves on the board of directors for the Semiconductor Industry Association.