Director, Seaway Bank & Trust
Challis is a top human resources executive and seasoned corporate board director with 20 plus years of âCâ suite experience within global public companies, and with the nationâs largest tax-exempt health care system. She serv es on the board of Seaway Bank & Trust, where she chairs the compensation committee and is a member of the executive committee of the board. She is a highly skilled business partner with expertise in the areas of strategy development, oversight, and execution, corporate governance as both a corporate board director and as a company executive, Board of Director recruiting, CEO succession and planning, CEO transitions, executive compensation strategies, M&A due diligence and integration, CD&A, and proxy development. Challis provides strategic counsel to the CEOs and Boards she has served and has established herself as a partner leading cultural, operational, and organizational change. She has developed and provides oversight on key corporate structures and processes that facilitate turnaround, transformation, improved business operations, and revenue growth. Earlier in her career, Challis was featured in The Wall Street Journal as one of only two African-American female Named Executive Officers (NEOs) of a Fortune 500 corporation. For the past decade, Challis has worked for multibillion dollar organizations where she has been a vital executive team member for companies experiencing either rapid growth where her expertise in governance, formalized strategies, and best practices has been critical to ongoing growth and returns or in leading national and global turnaround initiatives that have repositioned these organizations to achieve improved performance and returns for shareholders. During this same time, and while serving on corporate boards, she and her fellow directors recommended and oversaw several significant events, including the development and execution of a CEO succession plan, the negotiation of CEO compensation, and the successful sale of a $14B US bank to an international, Canadian-based diversified financial services firm. Most recently, Challis retired from Ascension Health as Senior Vice President, Organizational Development and Human Resources. Ascension Health is a $23B health system with more than 118 thousand associates serving in more than 500 locations across 21 states. She was responsible for all human resources functions and served as the management liaison to the Executive Compensation Committee and the Pension Committee of the Board of Directors.