What happens to society if, for some reason, investors or businesses decide they won’t engage? It needs to be taken up by the standards-setters and the policymakers.” As people around the world question the role of business, even capitalism, in society, demonstrating a long-term strategy that illustrates sustainable value should, at the very least, help to build bridges. As she reflects on her career, it’s revealing that she has sought out integrity in her roles. It combines the experience of over 30 investor and corporate CEOs representing nearly $30trn assets under management. She explains: “The Coalition happens to work with the largest so that we can move the needle, but the message is not confined to any size of any business.” She is co-host of the Conference on Inclusive Capitalism and Founder of the Coalition for Inclusive Capitalism. The Institute of Chartered Accountants in England and Wales, incorporated by Royal Charter RC000246 with registered office at Chartered Accountants’ Hall, Moorgate Place, London EC2R 6EA. Why? Holdings include The Economist Group (UK), Bronfman/E.L.Rothschild, real estate and financial instruments. It’s hard work and everybody has obstacles. She is also on the board of The Estée Lauder Companies, Inc., Alfred Herrhausen Society, Eranda and The Economist Newspaper Ltd. and Member of Foreign Policy Association, Member of The International Institute for Strategic Studies, Member of The Royal Institute of International Affairs and Member of Council on Foreign Relations, Inc. term value,” says EY’s CEO Mark Weinberger. Or as she tells it: “To always do the smartest, best thing at every opportunity. https://www.swissre.com/profile/LadyLynnForesterdeRothschild_/ep.ff8835 In 2003, he founded with his wife, Lynn Forester de Rothschild, a holding company, E.L. Rothschild, to manage their investments in The Economist and various enterprises in India. “My parents said ‘we will provide you with all the education you want but then you have to make your own life’. Lady Lynn Forester De Rothschild serves as Independent Director of Estee Lauder Companies Inc., since 2000. Lynn Forester de Rothschild - Biography. Lady Lynn Forester De Rothschild serves as Independent Director of Estee Lauder Companies Inc., since 2000. It is not optional.” Lynn Forester DE ROTHSCHILD. ICAEW.com works better with JavaScript enabled. Lynn Forester, Lady de Rothschild (born Lynn Forester; July 2, 1954) is the chief executive officer of E.L. Rothschild, a holding company she owns with her third husband, Sir Evelyn Robert de Rothschild, a member of the Rothschild family. E. L. Rothschild is a family investment office that was established in 2003 by Sir Evelyn and Lynn Forester de Rothschild. “Look at Unilever – Lord Lever understood this. She also has been the Chief Executive of E.L. Rothschild LLC, a private investment company, since June 2002. Lynn De Rothschild biography. When she secured the backing of a high-profile group of people including Bill Clinton, the Arch- bishop of Canterbury, the Pope and Prince Charles, the message to continue was obvious. But her dedication to promoting the inclusive capitalism movement is as genuine as it is effective. Interviews and profile archive from Economia, Cover profile: Lady Lynn Forester de Rothschild, Core Accounting and Tax Service (Bloomsbury). And what happens if that progress isn’t made? If you’re not willing to work through the obstacles, you’re not going to succeed. Lady de Rothschild is proud of EPIC’s achievements to date. She agrees with Accounting for Sustainability’s Jessica Fries, who said on these pages last month that being small does not exclude an organisation from playing its part and creating long-term value. If business loses its right to operate under the social contract with society, then all bets are off. And that’s why Lady Lynn Forester de Rothschild is … Lady de Rothschild is the Founder and CEO of the Coalition for Inclusive Capitalism, a charity devoted to advancing economic and social inclusion. https://live.worldbank.org/experts/lynn-forester-de-rothschild When calling to mind what it was like to work for John Kluge in what must have been quite a male- dominated world, she says: “I don’t even know if he really thought about me as a woman. Meanwhile, EPIC has been building a framework that, crucially, has been put to the test within its own organisations. Lady Lynn Forester de Rothschild is a former corporate lawyer and telecom entrepreneur. From 2004-2007, she was also co-chair of FieldFresh Pvt. I bought a company in Puerto Rico, with Motorola as my partner, and soon had a series of telecoms companies.” Lady Lynn de Rothschild with Hillary Clinton at a Kensington Palace party also attended by Bill Clinton. The company manages investments in The Economist Group, owner of The Economist magazine, Congressional … https://aanirfan.blogspot.com/2020/05/maria-farmer-epstein-rothschilds.html So whether an investor wants to know about talent, innovation and consumer trends, society and the environment, or governance, these aspects have been too abstract to measure. Lady de Rothschild says she enjoys the nuts and bolts of business: the projections and forecasts, rais- ing money, understanding what investors want. Consider instead the achievements: a corporate lawyer with a Juris Doctorate degree from Columbia Law School; an entrepreneur who took the skills she learned from her employer John Kluge, the media mogul, used them to invest in telecoms companies in the 1980s, and became one of Fortune magazine’s “most powerful women in business”; a board member of, among others, Estée Lauder and The Economist Group until 2017; and the founder and chief executive of the not-for-profit Coalition for Inclusive Capitalism, which has played a decisive role in driving the conversation around business value and how to measure it. She is also the Founder and CEO of the Coalition for Inclusive Capitalism, a charity devoted to advancing economic and social inclusion. … LYNN FORESTER DE ROTHSCHILD: The Council for Inclusive Capitalism with the Vatican is a group of global business and investment leaders who are committed to … I’m proud of the board I helped create as chair of the nominating and board affairs committee. But her son has introduced her to meditation and she says she’s “very disciplined” about exercise and nutrition. Lynn Forester de Rothschild, Lady de Rothschild (born July 2, 1954) is an American-British businesswoman who is the chief executive officer of E.L. Rothschild, a holding company she owns with her third husband, Sir Evelyn Robert de Rothschild, a member of the Rothschild family.. “We still have a long way to go. Since June 2002, Lady de Rothschild has been the Chief Executive of E.L. Rothschild LLC,a private investment company with investments in media, asset management, information technology, agriculture and real estate worldwide. Lynn Forester de … The Rothschilds, led by Lady Lynn de Rothschild, have been shareholders in the Economist for decades and regard themselves as custodians of the magazine’s legacy. She began her career in 1980 as an associate at the law firm of Simpson, Thacher and Bartlett LLP in New York City where she practiced corporate law until 1984. Lynn De Rothschild biography. She graduated Phi Beta Kappa from Pomona College in Claremont, California (1976) with a Juris Doctor with honors from Columbia University in New York City (1980). After graduating, she worked as a corporate lawyer for four years at Simpson Thacher before John Kluge, a client of the law firm, recruited her into a whole different world. So she asked Kluge for his advice: “He said, ‘you’ve been working on all of my mergers and acquisitions, you know what’s out there, you should buy one of these companies’. Anxious to learn, wanting to be excellent, putting in the hours and wanting to really achieve something.” E.L. Rothschild invests in media, asset management, luxury consumer goods and real estate worldwide. “I don’t think you can be on more than two boards, so it’s important to pick the ones you care about. But Lady de Rothschild is just as committed to encouraging dialogue and collaboration as she was after the financial crisis 10 years ago. Lady Lynn Forester de Rothschild Chief Executive Officer, E.L. Rothschild. Lady de Rothschild is the Chair of E.L. Rothschild LLC, a private investment company with investments in media, information technology, agriculture, financial services, and real estate worldwide, and she was the Chief Executive of E.L. Rothschild LLC … Since June 2002, Lady de Rothschild has been the Chief Executive of E.L. Rothschild LLC, a private investment company. Business has to play its proper role in society through safe products, employees who are well treated, and communities that are enhanced. Lady Lynn Forester de Rothschild, already one of the most powerful women in the world, stands to gain even more if Hillary becomes president. Lynn Forester de Rothschild Add to myFT. He thought of me as an athlete who’s going to get the job done.” She may have acquired a title in the ensuing years, but her approach to life and business appears to have remained the same. This isn’t the first time she’s been interviewed about catalysing global change, and it won’t be the last. Cadbury understood this back in the day. When Kluge went on to sell his TV and radio stations, and then his cellular business, his protégé knew she didn’t want to work for a big company. She is a member of the Board and the Executive Committee of the Peterson Institute for International Economics, and a board member of the Alfred Herrhausen Society of International Dialogue of Deutsche Bank, the Elumelu Foundation (Africa),the International Advisory Board of Columbia University School of Law, FAI (Fondo per L’Ambiente Italiano) and the ERANDA Foundation (de Rothschild family foundation). She thinks that somewhere along the line, the ethos of the great entrepreneurs has been lost. In October 2007, Lady de Rothschild was awarded the Commendatore Ordine al Merito della Repubblica Italiana. “As John said to me, ‘money is never going to be your problem, what you need is vision and commitment to making that vision a reality. Holdings include The Economist Group (U.K.), real estate and financial instruments. “Capitalism is not too big to fail. https://www.geni.com/people/Lynn-Forester-de-Rothschild/6000000010601848788 She is the CEO of E.L. Rothschild, an investment company she founded with her husband Sir Evelyn de Rothschild. This is in the bones, and I believe it’s in the bones of capitalism, we’ve just lost track of it by focusing too much on the short-term profit.” Lady de Rothschild is a member of the Council on Foreign Relations (USA), Chatham House (UK), the International Advisory Council of Asia House (UK), the International Institute of Strategic Studies (UK) and the Foreign Policy Association (USA). She also knows it’s a work in progress. “Without standard and verifiable metrics that investors can trust, companies will struggle to effectively communicate how they are creating long- Originally published in Economia on 12 December 2018. Holdings include The Economist Group (UK), Bronfman/E.L.Rothschild, real estate and financial instruments. She was executive vice president for development at Metromedia Telecommunications, Inc. from 1984 to 1989. Another working group put its head together to come up with a practical definition of trust – and a way to measure it so that markets can understand how actions that create or reduce trust affect a company’s value over the long-term. Because it is no longer enough just to measure the things that used to define a company’s success. Since June 2002, Lady de Rothschild has been the Chief Executive of E.L. Rothschild LLC, a private investment company with investments in media, asset management, information technology, agriculture and real estate worldwide. Which brings us neatly back to why she’s here. Lady de Rothschild has been a director of The Estee Lauder Companies since December 2000 and The Economist Newspaper Limited (member of the Audit Committee) since October 2002. I didn’t know what cellular was, I thought it was something to do with biotech. As a successful American entrepreneur, Lynn Forester de Rothschild has made a career—and a life—out of getting people to think differently. From 1989 to 2002, she was president and chief executive officer of FirstMark Holdings, Inc., which owned various telecommunications companies worldwide. The owner of what was then Metromedia, Kluge’s main business was television and radio, but he had marked out cellular telephones as the next big thing that decade. She traces her ethics to her upbringing in New Jersey. So here we are. “For sure, that’s the most important work we’ve done,” says Lady de Rothschild, who admits that while she didn’t plan this, she was convinced that capitalism was under siege: “I became concerned after the financial crisis that with the overall state of capitalism in the world there were some good reasons to attack capitalism, but there were better reasons to save it. You will succeed as long as you have that.’ He would talk to people about me as a person who is going to make it. “Even businesses that try to disclose this tend to do so with narratives in company publications – not quantitative data,” it says. You could go to socialism; you could go to chaos. Close Hillary Clinton friend Lynn Forester de Rothschild (Economist publisher) is also a trustee of the John McCain Institute. https://www.cfany.org/speaker-organizer/lynn-forester-de-rothschild Lady de Rothschild is the Chair of E.L. Rothschild LLC, a private investment company with investments in media, information technology, agriculture, financial services, and real estate worldwide, and she was the Chief Executive of E.L. Rothschild LLC … Forget about the name for a minute if you can. One working group, for example, has been developing a rigorous method for companies to evaluate and assess the ability of a company to deploy the knowledge, skills and capabilities of its human capital. Lynn Forester de Rothschild wrote an email on April 18, 2010, in which she tells Hillary she would “love to catch up” — and “I remain your loyal adoring pal.” She is an advocate of winning for no other reason than you have set your bar high; you are prepared; you have a vision. https://www.weforum.org/agenda/authors/lynn-forester-de-rothschild https://www.concordia.net/community/lynn-forester-de-rothschild The McCain Institute for International Leadership at Arizona State University Copyright 2020, Reaffirming America’s Strategic Alliances. She applies this vigour to her current board roles, which she chooses based on the integrity of the leadership – specifically, someone who tells the truth and can present a long-term strategy – as well as the diversity of the business. Because there is still no standardised way to measure and show how an organisation’s people create value and drive a competitive edge. We’re the most diverse board on the Fortune 100 and are responsive to calls for good governance; I think I understand that space very well.” ... Sir Evelyn de Rothschild and wife Lynn on life, politics and chocolate ... Pearson set to offload Economist stake for £400m. So I took full advantage of all the education that schools were willing to give me. And that’s why Lady Lynn Forester de Rothschild is being interviewed for economia this month. I thought that was the end of it and then the City of London asked me to organise a conference on this topic.” https://knowledge.ckgsb.edu.cn/2013/06/26/china/el-rothschilds-investments “Well, God did not create the corporation,” she says emphatically. Lady Lynn Forester de Rothschild is founder and chief executive of the Coalition for Inclusive Capitalism and chair of E.L. Rothschild LLC, a private investment company with investments in media, information technology, agriculture and real estate. So he offered me, particularly for my age, a fairly senior job in this new division, and we went around the country buying applications from small paging companies for cellular phones,” she says. https://www.fcltglobal.org/team-member/lady-lynn-forester-de-rothschild So yes, she is a member of the great European banking dynasty. Nobody is going to give you anything. Lynn Forester de Rothschild is Chairman at EL Rothschild LLC. If you’re not willing to enter the race, you’ll never win it,” she says. The company is currently invested in media, wealth management, infrastructure, real estate, agriculture and consumer goods, with operations in the United States, United Kingdom, Europe, Africa, and India. Her opinion pieces have been published in the Wall Street Journal, the New York Times, the Huffington Post, the Guardian, the Mail on Sunday and the Daily Beast. The influential Rothschild name and title must surely open doors, just as it exposes her to remarks about privilege. The influential Rothschild name and title must surely open doors, just as it exposes her to remarks about privilege. EPIC, alongside other organisations, is helping to identify consistent metrics that a wide variety of companies could use to measure and report on their actions in these areas. In addition to being a keynote speaker at various launch events (CNBC, Bloomberg) for the Henry Jackson Initiative on Inclusive Capitalism, Lady de Rothschild has been a featured speaker for the Economist World In 2013 conference, St. Antony’s College, Oxford, Tsinghua and Peking University, Royal Society of the United Services, London and the OECD Workshop on Inclusive Growth. The Coalition is funded through charitable giving, and the working group, which comprises institutional investors, asset managers, business leaders, academics, policymakers and labour representatives, gives its time voluntarily. Lynn Forester, Lady de Rothschild (born Lynn Forester; July 2, 1954) is the chief executive officer of E.L. Rothschild, a holding company she owns with her third husband, Sir Evelyn Robert de Rothschild, a member of the Rothschild family. “I’m manic about that as well,” she laughs. They are determined to protect their investment and ensure that the company does not fall under the control of another owner, according to people familiar with the talks . Working on the provision that debate is good, but consensus and action are better, it has harnessed the knowledge of a group of major players in the investment community to work on an open-source, standardised framework so that organisations know which intangible assets and stakeholder value they should be measuring and how to measure them. Previously, she served as a member of the National Information Infrastructure Advisory Committee and the Secretary of Energy Advisory Board under President Clinton, as a member of the United Nations Advisory Committee on Inclusive Financial Services and as an Advisor to the Deutsche Bank Microfinance Consortium. I worked with Dominic Barton, the global managing partner of McKinsey, on an isolated study on what companies were doing to improve the situation – before we throw out the baby, let’s look at the bathwater. Why? The hope is that EPIC will be part of the standard that is created. Lynn Forester de Rothschild, Lady de Rothschild (born July 2, 1954) is an American-British businesswoman who is the chief executive officer of E.L. Rothschild, a holding company she owns with her third husband, Sir Evelyn Robert de Rothschild, a member of the Rothschild family. He didn’t invest in me but he sent me to the bank, and he gave me everything I needed to know to negotiate my first deal. In 2000, she was ranked number four on the European Fortune  Most Powerful Woman in Business. EPIC’s progress report, published in November 2018, highlighted one of the key challenges to comparing and evaluating companies: everyone does it differ- ently. She confesses she finds it hard to relax on holiday. But if John Kluge believed in something, you wanted to be there with him. Stay up-to-date with the latest Coronavirus news: Sign up for daily news alerts, Lady Lynn Forester de Rothschild tells Amy Reeve what she learned as a serial entrepreneur, how the Coalition for Inclusive Capitalism became a force for change, and why capitalism is not too big to fail. Readers may be familiar with its Embankment Project for Inclusive Capitalism (EPIC), led by the Coalition and EY. Corporate CEOs representing nearly $ 30trn assets under management joint venture with Bharti Enterprises, established to develop Indian... 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