NACD Board Leadership Conference NACD Chapter System

The CEOs Speak: Outlook for the Coming Year

September 15, 2015
Boston, MA



Please join us for our annual conversation with prominent New England based Chairs and CEOs, as they share a glimpse into their boardrooms and discuss the challenges and opportunities they see in the coming year. 

About Our Panel

Robert L. Reynolds, President and CEO of Putnam Investments and President of the Putnam Funds

Robert ReynoldsBuilding upon a distinguished 30-year career, Robert Reynolds has revitalized Putnam through strong, sustained investment performance, new products designed for today’s market challenges, and thought leadership for the retirement marketplace. Respected as an industry statesman, Mr. Reynolds is regarded as a driving force of innovation and progress in institutional and retail financial services.  He has earned multiple industry honors over time for his accomplishments. He was named Fund Leader of the Year at the Mutual Fund Industry Awards in 2010 for the strategic improvements he initiated at Putnam.  The following year, Putnam, under the leadership of Mr. Reynolds, was honored as Retirement Leader of the Year for initiatives and innovative solutions in the workplace savings arena. Mr. Reynolds has also received a Lifetime Achievement Award from PLANSPONSOR magazine for popularizing employer-sponsored 401(k) plans.

In addition to his Putnam responsibilities, Mr. Reynolds is President and CEO of Great-West Financial, one of the nation’s top providers of retirement savings products and services, life insurance, annuities, and executive benefits products.  Prior to joining Putnam in 2008, Mr. Reynolds was Vice Chairman and Chief Operating Officer of Fidelity Investments.  Mr. Reynolds currently serves on several not-for-profit boards, including those of West Virginia University Foundation, Concord Museum, and Dana-Farber Cancer Institute. He is a member of the Chief Executives Club of Boston and the Council on Competitiveness, and he is a former president of the Commercial Club of Boston.  Mr. Reynolds received an Honorary Doctorate in Business Administration from West Virginia University, a President’s Medal of Excellence from Boston College, and the De La Salle Medal from Manhattan College. He earned a B.S. in Business Administration/Finance from West Virginia University.

Roger Crandall Chairman, President & CEO; Massachusetts Mutual Life Insurance Company

Roger CrandallDuring Mr. Crandall’s tenure as CEO, MassMutual has grown to serve more than five million customers, reached a record $639 billion in assets under management and strengthened its industry leading position as a financially-strong mutual company run for the benefit of its policyowners and customers. MassMutual provides holistic financial solutions through a broad range of businesses, which include its domestic insurance and retirement businesses, asset management subsidiaries (including OppenheimerFunds, Babson Capital Management LLC, Cornerstone Real Estate Advisers LLC, Baring Asset Management Limited), and MassMutual International, which has insurance operations in China, Japan, and Taiwan. MassMutual is a top 100 company on the FORTUNE 500 and a FORTUNE World’s Most Admired Company.  Mr. Crandall first joined MassMutual in 1988 as a real estate investment trainee and spent the first 12 years of his career in the company’s Investment Management Department. In 2000, he joined Babson Capital, where he gradually assumed broader management responsibilities in such areas as public and private bonds, bank loans, and private equity investments. In 2005, Mr. Crandall was appointed Chairman of Babson Capital and MassMutual’s Chief Investment Officer, and in 2007 he added the role of Co-Chief Operating Officer. He was named MassMutual’s President and joined the company’s Board of Directors in 2008, and was named CEO in 2010. 

In addition to his role at MassMutual, Mr. Crandall takes an active leadership role in industry, civic and economic development organizations. He is Chairman of the Board of Directors of the American Council of Life Insurers, and a member of the Smithsonian National Board.  Mr. Crandall also serves on the Wharton Board of Leadership Advisors, the Business Roundtable, the Massachusetts Competitive Partnership, the Massachusetts Governor’s Council of Economic Advisors, and the Corporate Advisory Board for The Boston Club, which promotes the advancement of women to leadership positions. Mr. Crandall, a Chartered Financial Analyst (CFA), is a graduate of the University of Vermont with a bachelor’s degree in Economics. He earned his MBA with honors from the Wharton School of Business at the University of Pennsylvania.

Steve Pagliuca, Managing Director of Bain Capital and Co-Owner of the Boston Celtics

Steve PagliucaSteve Pagliuca is a Managing Director at Bain Capital, a leading global investment firm based in Boston. Mr. Pagliuca joined Bain & Company in 1982 and founded the Information Partners Venture Capital Fund for Bain Capital in 1989. As a Managing Director of Bain Capital, he has worked with his partners to help build one of the world’s leading investment companies with over US$80 billion in assets under management. Mr. Pagliuca has been an active investor in the media, technology, financial services and healthcare industries. He is also a frequent contributor on television, radio and print media to provide commentary focusing on global economic issues.

Mr. Pagliuca is also a Co-Owner and a Managing General Partner of the World Champion Boston Celtics. As a Managing Partner and Chairman of the Basketball Committee, he has focused on the development and improvement of the basketball operations. Mr. Pagliuca is also President of the Boston Celtics Shamrock Foundation. The Shamrock Fund helps children gain access to housing, healthcare and other services in partnership with local charities. The Shamrock Foundation has become a leader in community outreach in professional sports.

Mr. Pagliuca serves as the Chairman of the Massachusetts Society for the Prevention of Cruelty to Children (MSPCC), a nonprofit society with a legacy of strengthening families and preventing child abuse, and is a Trustee of Bain Capital Children’s Charity, the firm’s initiative to support children’s causes.

Mr. Pagliuca is a member of the HBS Board of Dean’s Advisors, the Harvard Kennedy School’s Dean’s Council, the Harvard University Board of Overseers ’Committee on University Resources (COUR), and the Duke University Campaign Steering Committee. He is also serves on the MGH President’s Council and on the HBS Healthcare Initiative Advisory Board.

Mr. Pagliuca has been active in the area of public policy and is a former candidate for the U.S. Senate. He is currently a member of Congressman Joe Kennedy’s Finance Committee and the Campaign to Fix the Debt. Mr. Pagliuca is also co-chair of the Boston 2024 Olympics Finance Committee.

In 2005, Mr. Pagliuca received the Bright Star Award from President Bill Clinton in recognition of his charitable activities; and in 2010, he received the American Dream Award from Habitat for Humanity for outstanding contributions to enhancing the Greater Boston Community

Mr. Pagliuca has also lived and worked in The Netherlands as a Senior Accountant and International Tax Specialist for Peat Marwick Mitchell & Company where he earned a Certified Public Accountant certificate. Mr. Pagliuca received a B.A. from Duke University where he also played freshman basketball, and an M.B.A. from the Harvard Business School.

Our Moderator

Gunjan Kedia Executive Vice President,  State Street Global Services

Gunjan KediaGunjan Kedia is an executive vice president at State Street and responsible for the Investment Servicing business in the Americas for mutual funds, insurance and institutional clients. This division provides custody, accounting, administration, institutional transfer agency, performance measurement, technology support, and other regulatory, tax, and compliance services for State Street’s premier clients. She is a member of State Street’s Management Committee, the company’s most senior strategy and policy-making team. Prior to joining State Street in 2008, Ms. Kedia was an executive vice president, global product management at Bank of New York Mellon. Additionally, Ms. Kedia was a partner with McKinsey & Company focusing on financial institutions and an associate with PriceWaterhouseCoopers. Ms. Kedia holds a Bachelor of Science degree in engineering, with distinction, from the Delhi School of Engineering. She also holds a Master of Business Administration, with distinction, from Carnegie Mellon University. She serves on the board of Boston Financial Data Services, the Board of the American Red Cross of MA, and the advisory board of Carnegie Mellon Business School.


  NACDNE September 2015 Meeting summary

Location and Time


Langham Hotel
250 Franklin St.
Boston, MA 02110

Program: 7:30 AM - 9:00 AM
Registration Begins 30 minutes prior.



2 NACD collaborative credits

Question about this Event?


NACD New England Chapter 

phone: 781-461-2668

fax: 978-462-4979