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R. Turicchi
Chief Executive Officer & Director, CONSENSUS CLOUD SOLUTION INC

"Good Governance," by R. Scott Turicchi

🎥 Jun 13, 2014 📺 Thomas Aquinas College ⏱ 3m 👁 1062 views
R. Scott Turicchi is the president of j2 Global, Inc., and the chairman of the Thomas Aquinas College Board of Governors.
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About R. Turicchi

At the Cloud Security Summit 2024, Turicchi discussed a research initiative by the Cloud Security Alliance Bangalore chapter, which he said involved over 150 CXOs and executive leadership team members. He described the research as covering topics such as the integration of AI and cybersecurity, governance of new technologies, and emerging threats like AI model poisoning. Turicchi stated that the chapter's mission includes publishing 20 global research papers over six years, aiming to "innovate locally" and "impact and inspire globally." In a 2023 video, Turicchi explained the distinction between cloud faxing and traditional faxing, stating that cloud fax eliminates issues like paper records and busy signals by transforming documents digitally. He described cloud fax as easy to use, secure, reliable, and HIPAA compliant, and said that Consensus Cloud Solutions is positioned to address healthcare interoperability challenges by combining 25 years of network-building experience with its technology. In a 2014 talk, Turicchi discussed governance principles at Thomas Aquinas College, where he served as board chairman. He said he was impressed by the college's strong governance practices and its ability to accurately project expenses, and he emphasized the importance of donors knowing their money is used efficiently for its intended purpose.

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Transcript (1 segments)
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Scott Turicchi0:08
I'm Scott Turicchi, president of J2 Global, Inc. I originally came to know about the college through my parents when the school was very young. It was probably 10 years old or less, but I was interested in both the form of the education as well as its Catholic identity. Many years later, probably 15, 20 years later when Dr. Dylan was the president, he had this dream and this vision of building the chapel and making it the cornerstone of this institution. As I told my wife, I said, 'That's something we've got to be involved in.' So we had a back and forth for, I don't know, probably a few weeks where he'd ask me questions, I'd ask him questions, he'd answer, I'd answer. And actually that was a great process. I wanted to make sure that the way the college was governed from a business standpoint had some of the elements that we're accustomed to in business. Is there accountability? How does that work? What kind of practices was the college employing? Because unfortunately all too often you see a very rudimentary set of processes around things like corporate governance. And what was very impressive is that the college had strong governance principles that were equal in its stature and its standing with its philosophical principles on which the college was founded. And that's very rare. And I'm always impressed about how every year we go through the budget. Peter can very, very accurately project what the expenses of the college will be. Because if you think about it as a donor, I would hope people want to know that their money is being used not only to achieve the purpose that it's intended for but in the most efficient possible way. And that there isn't leakage coming out for huge administrative expenses or for other things that might be deemed frivolous. But if you're giving the money for a building, if you're giving the money for a scholarship, you want to know that's where your money is ending up. And a lot of the challenges in some of these organizations is there's a loose structure and you kind of lose the trail of the money over time. And that's not an issue we've ever had at Tac. And now being on the inside as a board member, I can reaffirm not just from asking the questions but witnessing it, experiencing it, seeing the depth of conversation, dialogue, and sometimes even debate that goes on on how these sensitive matters can get resolved. Once you have the high degree of confidence, you know where you're spending your money, then you kind of got to reverse engineer: how am I going to get the revenue to cover that? A certain amount clearly comes from the students through tuition, room and board, but then you have that gap. But people have been generous for 40 years, and somehow it always seems to work out.