Agenda
November 2, 2005
7:45am - 8:30am
REGISTRATION
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8:30am – 9:15am
OPENING ADDRESS: Becoming the “Go-To” Treasurer - John Weisenseel, Senior Vice President and Corporate Treasurer, McGraw-Hill Cos.
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9:20am - 10:15am
CASH MANAGEMENT PANEL
• What’s necessary for accurate cash forecasting?
• How visible is your cash flow?
• Automating your cash management: A look at best-practice applications of tools such as commercial cards
Session Chairperson: Dave Costa, Vice President, Visa U.S.A. Inc.
• Allen Braithwaite, First Vice President and Assistant Treasurer, Merrill Lynch & Co.
• Jim Colby, Assistant Treasurer, Honeywell International Inc.
• Robert Fanelli, Investment Manager, EMC Corp.
• C. Talbot Heppenstall, Jr., Treasurer, University of Pittsburgh Medical Center
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10:15am – 10:30am
NETWORKING BREAK
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10:30am – 11:25am
RETIREMENT PANEL
• How robust is your 401(k) plan?
• The future of DB plans: Are we ready for a world without them?
• If you could change U.S retirement policy, where would you start?
Session Chairperson: Kevin Rochford, Senior Vice President and Group Head, Corporate and Institutional Services, The Northern Trust Company
• Peggi Knox, Principal Vice President and Manager, Retirement Plans, Bechtel Corp.
• Michelle Mahaffey, Manager, U.S. Retirement Programs, Dell Inc.
• Stuart Odell, Director, Retirement Investments, Intel Corp.
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11:30am – 12:25pm
FINANCIAL RISK MANAGEMENT PANEL
• Do you really know the value/costs of your hedges?
• Is your risk management strategy ready for a rising interest rate environment?
• Do your risk management strategy and balance sheets play nicely together?
Session Chairperson: John A. Hluck, Managing Director, Global Derivative Products, Bank of America Corp.
• Andrew Logsdon, Director, Risk Management, Alcoa Inc.
• Denise McGlone, Assistant Treasurer, Lucent Technologies Inc.
• Mark Moran, Corporate Vice President of Tax and Treasury, Dade Behring Inc.
• Gideon Yu, Senior Vice President, Finance and Treasurer, Yahoo! Inc.
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12:30pm – 2:15pm
LUNCHEON ADDRESS: OVERALL EXCELLENCE AWARD
• Developing techniques for getting buy-in from everyone from the board of directors to operating units
• You can talk to your banker, but can you talk to your head of sales?
• Strategic treasury in a post-SOX world
Session Chairperson: Dan Rosenstein, Managing Director, Head of U.S. Corporate Sales, Deutsche Bank
• Mark Gibbens, Vice President and Treasurer, Lucent Technologies Inc.
• Ann Marie Petach, Vice President and Treasurer, Ford Motor Co.
• Plus the 2005 Overall Excellence Winner
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2:30pm – 3:30pm
FINANCIAL INFORMATION TECHNOLOGY PANEL
• Can technology help you turn compliance into performance?
• Does your data earn its keep?
• Are you trying for just virtually closing or a virtual close?
Session Chairperson: Scott Coffing, Senior Vice President and Managing Director of the Americas, SunGard AvantGard
• Joel Bosch, Senior Vice President, Providian Financial Corp.|
• Jeff Carter, Director, Short Term Markets, Toyota Financial ServicesCorp.
• William Faulkner, Manager, Global Treasury Operations, General Electric Co.
• Craig Mondschein, Director, Global Banking and Cash Management, Honeywell International Inc.
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3:30pm – 3:45pm
NETWORKING BREAK
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3:45pm – 4:45pm
CREDIT RISK MANAGEMENT
• Automating credit risk
• Is your credit risk strategy really a collections risk strategy?
• Does your credit exposure take the profit out of sales?
Session Chairperson: Joseph Ketzner, Executive Vice President, Euler Hermes ACI
• Marci Carris, Vice President and Assistant Treasurer, Sprint Nextel Corp.
• Peter Derrick, Assistant Treasurer, Lucent Technologies Inc.
• Mike Granda, Director, Global Aerospace Credit and Risk Management, Honeywell International Inc.
• Ron New, Vice President, Finance Operations, TELUS Communications Inc.
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November 3, 2005
7:45am – 8:35am
REGISTRATION
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8:00am – 8:40am
CAREER ADVANCEMENT WORKSHOP
• Insights into hiring from employers and prospective candidates
• Boards of directors are looking for a few good executives. Could you be one of them?
Presented by:
Ellen P. Williams, Senior Client Partner, Financial Officers Practice, Korn/Ferry International
Paula Park, Senior Client Partner, Financial Officers Practice, Korn/Ferry International
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8:45am – 10:00am
WOMEN IN FINANCE Address: Jane Nielsen, Vice President, Finance, North America, PepsiBottling Group Inc.
• The gospel according to women who have made it
• It isn’t PC to ask, but do women manage differently?
Session Chairperson: Charles B. “Chuck” Eldridge, Senior Client Partner and Head of Financial Officers Practice,
Korn/Ferry International
• Martina Hund-Mejean, Treasurer, Tyco International (U.S.) Inc.
• Sara Mathew, CFO, D&B Corp.
• Jane Nielsen, Vice President, Finance, North America, Pepsi Bottling Group Inc.
• Irina Simmons, Senior Vice President and Treasurer, EMC Corp.
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10:05am- 11:00am
INSURANCE PANEL
• Are you managing risk or is risk managing you?
• Is it time for you and your broker to get reacquainted?
• How ready are you to explain your risk profile?
Session Chairperson: Steve McElhiney, President, EWI Risk Services Inc.
• Marlene Debel, First Vice President/Co-head Corporate Finance, Merrill Lynch & Co.
• Jim Iervolino, Director, Risk Management, Cendant Corp.
• John Lawson, Director, Risk Management, Key Energy Services Inc.
• David G. Mee, Senior Vice President, Tax and Risk Management, J.B. Hunt Transport Services Inc.
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11:00am – 11:15am
NETWORKING BREAK
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11:15am – 12:15pm
CORPORATE FINANCE PANEL
• With the return of M&A, how can treasury play a strategic role?
• How much back-up liquidity is too much?
• Does your capital structure pass the shareholder value test?
Session Chairperson: Stephen Baird, Senior Manager, Treasury Strategies Inc.
• Allen Braithwaite, First Vice President and Assistant Treasurer, Merrill Lynch & Co.
• Robert Donovan, Treasurer, McDonald’s U.S.A. LLC and Assistant Treasurer, McDonald’s Corp.
• Darren R. Wells, Senior Vice President and Treasurer, Goodyear Tire & Rubber Co.
• Gideon Yu, Senior Vice President, Finance and Treasurer, Yahoo! Inc.
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12:30pm –2:20pm
LUNCHEON SESSION: CORPORATE GOVERNANCE
• Compliance is about regulation; good governance is about changing culture
• Building a structure to change a mindset
• How do you spot an honest company?
The Second Annual Award for Best Practices in Corporate Governance selected by Treasury & Risk Management
Session Chairperson: Jay Cohen, Global Compliance Leader, D&B Corp.
• Martina Hund-Mejean, Treasurer, Tyco International (U.S.) Inc.
• Robert E. Cox, Vice President, Deputy General Counsel and Assistant Secretary, PepsiCo Inc.
CLOSING REMARKS
Speakers
Keynote Speaker: John Weisenseel, Senior Vice President and Corporate Treasurer, The McGraw-Hill Cos.
Conference Chairperson: Mark Gibbens, Vice President and Treasurer, Lucent Technologies Inc.
Women in Finance Speaker: Jane Nielsen, Vice President, Finance, North America, Pepsi Bottling Group Inc.
• Ann Marie Petach, Vice President and Treasurer, Ford Motor Co.
• Russell Stein, Treasurer, Merrill Lynch & Co.
• Sara Mathew, CFO, D&B Corp.
• Martina Hund-Mejean, Treasurer, Tyco International (U.S.) Inc.
• Ron New, Vice President, Finance Operations, TELUS Corp.
• John Lawson, Director, Risk Management, Key Energy Services Inc.
• Irina Simmons, Senior Vice President and Treasurer, EMC Corp.
• David G. Mee, Senior Vice President, J.B. Hunt Transport Services Inc.
• Mark Moran, Vice President of Tax and Treasury, Dade Behring Holdings Inc.
• Steve McElhiney, President, EWI Risk Services Inc.
• John A. Hluck, Managing Director, Global Derivative Products, Bank of America Corp.
• Charles B. “Chuck” Eldridge, Senior Client Partner and Head of Financial Officers Practice, Korn/Ferry International
• Dan Rosenstein, Managing Director, Head of U.S. Corporate Sales, Deutsche Bank
• Robert Donovan, Treasurer, McDonald’s U.S.A. LLC and Assistant Treasurer, McDonald’s Corp.
• Denise McGlone, Assistant Treasurer, Lucent Technologies Inc.
• Stephen Baird, Senior Manager, Treasury Strategies Inc.
• David Costa, Vice President, Visa U.S.A. Inc.
• Joseph Ketzner, Executive Vice President, Euler Hermes ACI
• Kevin Rochford, Senior Vice President and Group Head, Corporate and Institutional Services, Northern Trust Corp.
• Scott Coffing, Senior Vice President and Managing Director of the Americas, SunGard AvantGard
• Peggi Knox, Principal Vice President and Manager, Retirement Plans, Bechtel Corp.
• Gayle L. Mattson, Managing Director, Korn/Ferry International
• Jim Iervolino, Director, Risk Management, Cendant Corp.
• Marci Carris, Vice President and Assistant Treasurer, Sprint Nextel Corp.
• Mike Granda, Director, Global Aerospace Credit and Risk Management, Honeywell International Inc.
• Michelle Mahaffey, Manager, U.S. Retirement Programs, Dell Inc.
• Stuart Odell, Director, Retirement Investments, Intel Corp.
• Darren R. Wells, Senior Vice President and Treasurer, Goodyear Tire & Rubber Co.
• Gideon Yu, Senior Vice President and Treasurer, Yahoo! Inc.
Sponsors
Deutsche Bank
Overall Excellence Executive Sponsor
Deutsche Bank is a frontrunner in cash management and has established itself as the global competence for transaction processing for corporates. Ongoing strategic investments into global processing infrastructure and web-based technology deliver new levels of straight-through processing and automated reconciliation. Combining strong operational efficiency with recognized quality in service delivery, Deutsche Bank is a clear choice for corporates. Increasingly, other banks are offering our services to their corporate clients.
Our customers are supported in their domestic, regional and global cash management programs through Deutsche Bank's global network of offices and hubs in Frankfurt, London, New York and Singapore with a complete range of robust and reliable solutions.
www.db.com
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Korn/Ferry International
Careers in Finance Sponsor
Korn/Ferry International, with more than 70 offices in 35 countries, is the premier provider of executive search, outsourced recruiting and leadership development solutions. Based in Los Angeles, the firm partners with clients worldwide to deliver unparalleled senior-level search, management assessment, coaching and development and recruitment outsourcing services through its Futurestep subsidiary.
Korn/Ferry's Financial Officers Practice was launched in 1997 to manage the recruitment of a broad range of financial roles, including chief financial officer, corporate controller, treasurer and leading roles in internal audit, tax, strategic planning and divisional finance.
www.kornferry.com
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Visa U.S.A
Cash Management Executive Sponsor
Visa is the nation's leading payment brand and largest payment system, enabling banks to provide their consumer and business customers with a wide variety of payment alternatives tailored to meet their evolving needs. Visa is committed to increasing the choice, convenience, acceptance and security of Visa payments for all stakeholders in the payments systems – members, cardholders and merchants. Through its 14,000 member financial institutions, more than 463 million Visa-branded cards have been issued to cardholders in the United States. Last year, U.S.-based financial institutions relied on Visa's processing system, VisaNet, to facilitate $1.3 trillion in transactions with virtually 100 percent reliability. Worldwide, cardholders in over 150 countries carry more than 1 billion Visa-branded cards, accounting for more than $3 trillion in annual transaction volume.
Visa offers a trusted, reliable and convenient way to access and mobilize financial resources – anytime, anywhere, any way. For more information about Visa Commercial Solutions, please visit our Web site.
www.visa.com/commercial
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Treasury Strategies
Corporate Finance Executive Sponsor
Founded in 1982, Treasury Strategies is a client-focused, management consulting firm serving corporations and financial institutions. As a thought leader in treasury, liquidity, payments and working capital management, we develop customized and actionable solutions unparalleled in the marketplace. For more information, please visit our Web site.
www.TreasuryStrategies.com
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D&B
Corporate Governance Executive Sponsor
D&B (NYSE: DNB), the leading provider of global business information, tools, and insight, has enabled customers to Decide with Confidence for over 160 years. D&B's proprietary DUNSRightT process provides customers with quality information whenever and wherever they need it. This quality information is the foundation of D&B's solutions that customers rely on to make critical business decisions. Customers use D&B risk management solutions to mitigate risk, increase cash flow and drive increased profitability; D&B sales and marketing solutions to increase revenue from new and existing customers; and D&B supply management solutions to identify purchasing savings, manage risk andensure compliance within the supply base.
www.dnb.com
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Euler Hermes ACI
Credit Risk Management Executive Sponsor
Even companies that don’t typically experience bad-debt losses are at risk for customer non-payment, and the consequences can be devastating. Credit insurance from Euler Hermes ACI protects you from bad debt losses and guarantees you will get paid for what you sell. Whether you market domestically or abroad, insuring your accounts receivable means you can sell to new and existing customers with confidence.
Euler Hermes ACI, rated AA- by Standard & Poor’s, offers both domestic and global credit insurance policies, which insure clients against commercial and political risk in more than 200 countries worldwide.
www.eulerhermes.com/usa
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Bank of America
Financial Risk Management Executive Sponsor
A recognized leader in liability management and balance sheet advice, Bank of America is one of the largest market-makers of financial risk management products in the world. The core of our issuer strategy is to optimize the capital raised by our clients. Our expertise in liability management ensures the optimal combined cash-plus-derivative structure.
Our corporate finance-driven approach to integrated derivative and capital raising solutions – together with superior execution and after-market support – earn us top rankings, including:
• #1 Overall Provider of Derivatives
• #1 Overall at Using Derivatives to Structure Debt
• #1 Overall at Pricing Interest Rate (tied) and Currency Derivatives
• #1 Overall Post-Sale Account Service and Secondary Market Pricing
We offer fast, efficient pricing and world-class execution for virtually any structure in any currency:
• Swaps
• Options
• Structured products
• Customized structures
Our goal is to help companies meet specific risk management and funding cost objectives with combined fixed income and derivative-based solutions taking into account overall financial goals, risk tolerances, risk correlations, and tax and accounting considerations. Backed by the financial strength of Bank of America, we are able to support financial transactions of all sizes and complexities. Please visit our Web site to learn more.
www.bofa.com
Source: Treasury & Risk Management magazine (Dec/Jan 2005)
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EWI Risk Services
Insurance Executive Sponsor
For close to half a century, EWI has worked with clients worldwide to analyze and manage efficient reinsurance programs. In November 2004, the company further expanded its operations to include primary insurance brokering, commutation, claims in-take and additional advisory services.
From customized insurance and reinsurance solutions, to commutation services and actuarial analysis, the company focuses on one objective: developing customized risk solutions that are transparently placed, efficiently executed and supported by timely documentation.
EWI works with clients to proactively analyze their credit risks arising from reinsurance counterparty relationships. EWI provides clients with independent analysis, informed advice, and general management of the transaction time line, freeing the staff for more immediate duties. We have substantial expertise and are active in the international reinsurance markets.
Controlled by industrialist and financier Harold Simmons through Valhi, Inc. (NYSE: VHI), EWI has the financial resources, experienced staff and thorough understanding of risk management to provide comprehensive products and services geared toward the unique needs of industrial companies. Industries served include: industrial, manufacturing, transportation, energy, financial services, food processing, warehousing, retail and insurance. Please visit our Web site to learn more. Products and Services
Custom Insurance Solutions:
• Program Design and Implementation
• Insurance Brokerage
• Loss Control Programs and Surveys
• Claims In-take and Supervision
• Issuing Carriers
• Alternative Risk, Captive Insurers and RRGs
• Tall Pines Insurance Company (VT)
• Self-Insured Programs
• Risk Management
• Issuing Carriers
• Premium Financing
Reinsurance Products:
• Treaty Reinsurance
• Facultative Placements
• Reinsurance Advisory Services
Advisory Services
• Commutations
• Capital Markets
• Rating Agency Advice
• Actuarial Services & Analytics
• Enterprise Risk Assessments
www.ewirisk.com
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Northern Trust
Retirement Executive Sponsor
Northern Trust is a leading provider of investment management, asset and fund administration, fiduciary and banking solutions for corporations, institutions and affluent individuals worldwide. Founded in 1889, Northern Trust has earned distinction as an industry leader in combining high-touch service and expertise with innovative products and technology.
www.northerntrust.com
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SunGard AvantGard
Technology Executive Sponsor
SunGard AvantGard is the service leader in treasury processes and compliance for corporations, government agencies and financial institutions. Our AvantGard solutions offer treasury and risk management solutions, global liquidity, in-house banking, foreign exchange, currency and commodity trading, all integrated within a single environment. SunGard’s treasury solutions provide a secure, real-time connection among clients, financial institutions and other treasury service providers, offering STP of treasury transactions and information via Internet messaging through AvantGard ETX. SunGard’s flexible and highly customizable AvantGard treasury suite addresses all aspects of corporate and financial institution enterprise management.
www.sungard.com/avantgard
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Captara
Silver Sponsor
Captara provides a complete on-demand solution for the management of all enterprise-wide equipment financing activities providing control, transparency, regulatory compliance, and optimized decisions. Fortune 2000 companies are using Captara to ensure that their equipment leasing activity is in compliance with FAS-13 and Sarbanes-Oxley regulations.
In addition, Captara delivers substantial cost savings that generate a return on investment within months.
www.captara.com
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Avolent
Silver Sponsor
Avolent is the leading application software provider for Interactive Self-Service eBilling and ePayments for organizations who are committed to an eBusiness strategy. By implementing Avolent software, organizations can reduce operating costs, increase revenues, optimize cash flow, improve customer satisfaction, and promote compliance. Three of the top five eBusiness companies in the world have standardized on Avolent. Today, 10 eBills are presented every second through Avolent software.
When a customer receives an interactive bill online, they can pay, dispute, download and re-order products directly in the interactive ebill, all without having to call customer support. This customer self-service improves customer satisfaction while reducing support costs by 30-45% annually. The Gartner Group estimates that a typical supplier wastes roughly $6 million per year by completing financial transactions manually.
Treasury and risk professionals focused on cash flow and compliance also see the benefits of eBilling. By moving your financial processes with customers online and increasing “straight through processing”, cash flow can be immediately improved 20-30%. This also provides real-time visibility into your receivables, improves cash and currency forecasting, and allows you to modify trade discount policies on the fly to control cash flow. Compliance is simplified by managing financial controls automatically, creating a full auditable record of all transactions between you and your customers.
Avolent is the most-awarded product in the industry, due to a unique architecture that is optimized for the real-time demands of interactive eBilling. We can have solutions up and running in as little as 90 days with no modifications required to your existing systems. Avolent’s BizCast processes over $44 billion in invoices annually for customers such as AT&T, MasterCard, Highmark, Do It Best, Office Depot, PacifiCare, Xerox Capital Services, Unisys, Wells Fargo and two of the three largest PC suppliers. Please visit our Web site for more information.
www.avolent.com