COnFeRenCe PROGRaM · 2019-04-03 · and Ioana Barza, Director of analytics at Thomson reuters lPC. In addition, treasurers from major public corporations and privately held firms

The ResilienT TReasuReR Riding the Financial Waves

2013 national Treasurers Conference | May 29 - 31, 2013The Westin new York at Times square | new York, nY

The national association of Corporate Treasurers

COnFeRenCe PROGRaM

2 | 2013 National Treasurers Conference

Dear NaCT Colleagues:

on behalf of the NaCT Board of Directors, we welcome you to the 2013 National Treasurers Conference in New York City, from May 29-31, 2013.

“Treasurers Talking to Treasurers” has been our motto and value proposition from inception. This year’s program is no different in providing opportunities for experts and practitioners to network and exchange innovative ideas and best practices in candid and confidential settings. We focus on the resilient treasurer who keeps abreast of market dynamics and the changing regulatory landscape and is able to bounce back despite economic and political uncertainties by employing strategies for coping with the unexpected.

our speakers this year include general Peter Pace, Chairman of Wall street Warfighters Foundation, and Ioana Barza, Director of analytics at Thomson reuters lPC. In addition, treasurers from major public corporations and privately held firms will share their experiences on topics that are relevant to your organization.

Highlights of the 2013 National Treasurers Conference include:

• An Open Forum discussion among treasurers ONLY • Thought-provoking sessions with industry

topic experts – Insurance Markets – enterprise risk Management –

Challenges and strategies – Bank and Capital Market Transactions – update on DC and DB retirement Plans • Dinner at the New York Stock Exchange

The NaCT Board of Directors has been very active in the last year, including taking advocacy positions to benefit our profession. an update will be provided at the conference.

Per our usual custom, non-practitioner speakers and corporate sponsors are only present during their applicable sessions and sponsored events.

We look forward to a great conference! Tom DeasVice President & Treasurer, FMC CorporationChairman, NaCT

Ray Yisenior Director, Finance, Port of Houston authorityexecutive Vice President and 2013 National Conference Chair, NaCT

Board of Directors 4

guest speakers 5

Program at a glance 7

Conference agenda 8

TaBle oF CoNTeNTs

The ResilienT TReasuReR Riding the Financial WavesThe national association of Corporate Treasurers

Final Program | 3


NaCT BoarD oF DIreCTors (JulY 2012-JuNe 2013)

The NaCT Board is comprised of member treasurers who are committed to advancing the profession. We welcome feedback on all relevant topics. The Board has been very proactive in fostering dialogue among political, regulatory and industry players, and has approved advocacy positions urging restraint on proposed regulations for the money market fund industry and oTC Derivatives. The NaCT Chairman also represents the organization at the annual conference of the International group of Treasury associations, a global forum to share information on issues that impact treasury and finance.

BoarD oFFICers

CHaIrMaNThomas C. Deas, Jr. Vice President & TreasurerFMC CorPoraTIoN

PresIDeNT Kimberly a. Hunter Corporate TreasurerINgreDIoN INCorPoraTeD

eXeCuTIVe VICe PresIDeNT (2013 National Conference Chair)ramon Yisenior Director, FinancePorT oF HousToN auTHorITY

seCreTarY/Treasurerruud P. roggekampassistant Treasurer, Corporate Finance & BankingTHe BoeINg CoMPaNY

IMMeDIaTe PasT CHaIrMaNBradley FoxVice President & TreasurersaFeWaY INC.

BoarD MeMBers

Victor r. allenCForeNeWaBle algal eNergY, llC

Nicholas BijurVice President and TreasurerPaCIFIC gas & eleCTrIC CorPoraTIoN

george BittoVice President and TreasureraIr ProDuCTs & CHeMICals INC.

Jane F. CaseyVice President & TreasurerBlYTH, INC.

J. gregory CoffeyVice President & TreasurersallY BeauTY HolDINgs, INC.

Michael J. gannon

allen a. gellerexecutive Vice President & TreasurerraINes INTerNaTIoNal, INC.

gerard a. Halpin IIIPresident & Chief executive officersIeMeNs CaPITal CoMPaNY llC

Mary Dean HallVice President and TreasurereasTMaN CHeMICal CoMPaNY

Kenneth KoreyvaTreasureraCe grouP

richard laidermanTreasurerVIsa, INC.

Karen N. latham

robert Marleyassistant TreasurereNersYs

Paulette M. MehasVice President, Treasury & InvestmentsFIrsT rePuBlIC BaNK

William Mekrut Vice President & TreasurerFM gloBal

Colleen o’ConnorVice President & TreasurerTHe DuCHossoIs grouP, INC.

Mark W. Peterson

erin sellecksenior executive Vice PresidentuNIoN BaNK

Peter l. seredasenior Vice President-Finance and TreasurerTelePHoNe & DaTa sYsTeMs, INC.

rosa C. strohVice President & TreasurerTHe HersHeY CoMPaNY

Michael suffredini

Joseph C. sullivanVice President & TreasureraIrgas, INC.

ann Marie svobodaCorporate TreasurerCaresTreaM HealTH, INC.

William H. Van lopikVice President & Corporate Treasurers.C. JoHNsoN & soN, INC.

Michael Williamssenior Vice President & Treasurerorbital sciences Corp.

Kevin WilsonVice President & TreasurerMeaD JoHNsoN NuTrITIoN CoMPaNY

William H. Zimmer, III

Final Program | 5

guesT sPeaKersJoe sIu Director, risk ManagementChatham Financial

Joe siu is a Director on Chatham’s Corporate advisory services Team. He regularly advises companies in the u.s., europe, and asia in the design and

implementation of best-in-class FX and commodities hedging programs. In addition, Mr. siu also regularly interacts with the CFTC, seC, the u.s. Congress and eu governing bodies to provide perspectives from the corporate derivatives end-user community. From 2007-2010, he established and managed Chatham’s central european office in Krakow, Poland. Prior to joining Chatham, Mr. siu worked at goldman sachs and accenture. He received his MBa from The Wharton school at the university of Pennsylvania.

geNeral PeTer PaCe, ChairmanWall street Warfighters Foundation

general Peter Pace is Chairman of the Wall street Warfighters Foundation, an organization designed to mentor and train wounded warriors interested in a career in the finance industry. He served as the sixteenth Chairman of the Joint Chiefs of

staff from 2005-2007, and retired in 2007 after more than 40 years of active service in the united states Marine Corps. Born in Brooklyn and raised in Teaneck, NJ, general Pace was commissioned in June 1967, following graduation from the united states Naval academy. He holds a Master’s Degree in Business administration from george Washington university, attended the Harvard university senior executives in National and International security program, and graduated from the National War College. During his distinguished career, general Pace held command at virtually every level, beginning as a rifle Platoon leader in Vietnam. He also served in europe, Japan, Thailand, south Korea, and somalia. In June, 2008, general Pace was awarded the Presidential Medal of Freedom, the highest civilian honor a President can bestow. He is currently serving on the Board of Directors of several corporate entities involved in management consulting, private equity, and IT security. He served on the President’s Intelligence advisory Board, and on the secretary of Defense’s Defense Policy Board. general Pace served as leader-in-residence and the Poling Chair of Business and government, for the Kelley school of Business, Indiana university. He is a Distinguished Visiting research scholar for Fordham university, and an adjunct Faculty member of georgetown university. general Pace is associated with a number of charities focused on supporting the troops and their families. He and his wife lynne are on the advisory board for our Military Kids, an organization that supports children of deployed guard and reserve personnel with tutoring and enrichment activities. The couple have a son, Peter; a daughter, Tiffany; a daughter-in-law, lynsey olczak Pace; and two granddaughters, linden elyse and Hadley rae.


IoaNa BarZaDirector of analyticsThomson reuters lPC

as a Director of analytics at Thomson reuters lPC, Ioana Barza writes and presents frequently on the state of the global credit markets with a special focus on loan capital markets to the regulatory, corporate borrower, banking, and private

equity communities, including the International association of Credit Portfolio Managers (IaCPM), Federal reserve, oCC, Turnaround Management association, association of Financial Professionals (aFP), Business Banking Board, lsTa, the syndicated loans symposium, the Thomson reuters annual loan Conference, equity sponsor summits, and others.

Ms. Barza has been with Thomson reuters lPC since 1999. she provides insight and analysis related to the global credit markets and moderates roundtables – a gathering of senior buyside and sellside representatives focused on investment grade lending, middle market lending, and the overall loan market.

Prior to joining Thomson reuters lPC, Ms. Barza focused on environmental finance initiatives with the environmental Protection agency’s (ePa) office of International activities. she has also worked at the overseas Private Investment Corporation (oPIC) in Washington, DC, evaluating the economic and environmental impacts of proposed overseas investments. Ms. Barza has a Ba in environmental sciences and international relations from Northwestern university and a graduate degree in economics from the george Washington university.

roBerT e. MellMaNManaging Director and senior economistJ.P. Morgan

robert e. Mellman is a Managing Director and senior economist at J.P. Morgan. Mr. Mellman writes and edits Morgan’s weekly publication on the us economy, us Data Watch, and contributes regular commentary to Morgan’s weekly global Data Watch

and us Weekly Prospects publications. He serves as liaison from Morgan’s economic research group to other divisions of the bank. He also provides frequent briefings for external corporate and governmental clients. Before coming to J. P. Morgan more than 25 years ago, Mr. Mellman worked for an economic consulting group in Boston. He earned a Ph.D. in economics from MIT and is a graduate of swarthmore College.

DaVID oaTeN Managing Director, Ceo Pacific global advisors

as Managing Director, David oaten is responsible for all of Pacific global advisors’ operations.

Mr. oaten joined Pacific global advisors from J.P. Morgan where he was a Managing Director, founder, and head of J.P. Morgan’s Pension advisory group in North america.

He recognized the need for holistic risk management advice and expertise in the corporate defined benefit space and founded the Pension advisory group in 2005 with the vision of providing expertise across multiple disciplines to clients in a conflict-free manner. He also sought and successfully obtained in 2006 Department of labor advisory opinion 2006-08a which catalyzed the use of liability driven investing (“lDI”) approaches to managing defined benefit pension assets.

Prior to founding the Pension advisory group in 2005, Mr. oaten ran the North american Corporate structured Products and Derivatives Marketing group, and has over 16 years of experience with J.P. Morgan.

He received a Business Degree from Northern rivers College, australia (now southern Cross university) and is a member of the Institute of Chartered accountants in australia.

guesT sPeaKers (cont.)

Final Program | 7

PrograM aT a glaNCe

WeDnesDaY, MaY 29, 20131:00 p.m. – 5:30 p.m. Conference registration

Broadway Foyer (3rd Floor)

6:30 p.m. – 8:30 p.m. opening reception


sponsored by standard & Poor’s

10:00 p.m. – 11:00 p.m. Hospitality suite at the Westin New York at Times square

ambassador 1 (2nd floor)

ThuRsDaY, MaY 30, 20137:30 a.m. – 5:15 p.m. Conference registration


7:30 a.m. – 8:30 a.m. Continental Breakfast with guest speaker, Joseph siu

Broadway 3 (3rd Floor)

sponsored by chatham Financial

8:30 a.m. – 12:30 p.m. open Forum

Broadway 1 & 2 (3rd Floor)

10:30 a.m. – 10:45 a.m. refreshment Break


12:30 p.m. – 2:15 p.m. lunch with Keynote speaker, general Peter Pace


2:15 p.m. – 2:30 p.m. Break

2:30 p.m. – 3:45 p.m. session 1: Insurance risk Management


3:45 p.m. – 4:00 p.m. refreshment Break


ThuRsDaY, MaY 30, 2013 (cont.)

4:00 p.m. – 5:15 p.m. session 2: erM- Challenges, strategies, and success stories


6:00 p.m. – 10:30 p.m. reception, Dinner and Dessert at the New York stock exchange

dinner sponsored by FM global

Please meet in the main lobby of the hotel. Buses will depart from the Westin New York at Times square promptly at 6:00 p.m. note that you must have a government issued photo iD with you in order to enter the stock exchange.

10:30 p.m. – 11:30 p.m. Hospitality suite

ambassador 1 (2nd Floor)

FRiDaY, MaY 31, 20137:30 a.m. – 12:30 p.m. Conference registration


7:45 a.m. – 8:45 a.m. Continental Breakfast with guest speaker, Ioana Barza


sponsored by Mitsubishi UFJ securities (Usa), inc.

8:45 a.m. – 10:15 a.m. session 3: Bank and Capital Market Transactions


10:15 a.m. – 10:30 a.m. refreshment Break


10:30 a.m. – 12:00 noon session 4: retirement PlansBroadway 1 & 2 (3rd Floor)

12:00 noon – 12:30 p.m. NaCT annual Membership Business MeetingBroadway 1 & 2 (3rd Floor)

12:30 p.m. Conference adjourns


WeDnesDaY, MaY 29

1:00 p.m. – 5:30 p.m.

Conference registration


6:30 p.m. – 8:30 p.m.

opening reception


sponsored by standard & Poor’s

10:00 p.m. – 11:00 p.m.

Hospitality suite at the Westin New York at Times squareambassador 1 (2nd floor)

ThuRsDaY, MaY 30

7:30 a.m. – 5:15 p.m.



7:30 a.m. – 8:30 a.m.

Breakfast session with Joe siu, Director of risk Management, Chatham Financial


Cultivating Risk intelligence in the age of Complexity Klaus schwab, the founder and former Chairman of the World economic Forum, has called our modern world the age of Complexity. Technological and economic changes are occurring at increasing speed and interconnectedness. and as a result, risks to companies and economies have also increased. How can Treasurers take a leading role in preparing their companies for this age of Complexity? In this discussion, we will talk about the concept of risk Intelligence and how Treasurers are cultivating and propagating it through a combination of education, socialization, and technological innovations. The anticipated changes will have profound implications on the role of Treasurers and how they think about the management of treasury talent, tools, and processes.

sponsored by chatham Financial

2013 NaTIoNal CoNFereNCe ageNDa

8:30 a.m. – 12:30 p.m.

open Forum


Moderators: ruud roggekamp, assistant Treasurer, Corporate Finance and Banking, The Boeing Company

Peter sereda, senior Vice President- Finance and Treasurer, Telephone & Data systems, Inc.

The open Forum, the most popular session at every NaCT conference, is your chance to share your knowledge and experience, as well as ask questions and gain insights from your fellow Treasurers on the latest financial topics. This all takes place in a candid, confidential forum under “Vegas rules.”

10:30 a.m. – 10:45 a.m.

refreshment Break


12:30 p.m. – 2:15 p.m.

lunch with Keynote speaker


general Peter Pace, united states Marine Corps (retired),Chairman, Wall street Warfighters Foundation

learn about the efforts of Wall street Warfighters Foundation and many partners in the financial community and corporations to mentor and train disabled veterans.

sponsored by goldman sachs

2:15 p.m. – 2:30 p.m.

Break

2:30 p.m. – 3:45 p.m.

session 1: Insurance risk Management


Moderator: Bill Mekrut, Vice President and Treasurer, FM global

Panelists: george Plesce, Vice President, FM global operations Manager, Washington, DC

Carole lynn “Cl” Proferes, Managing Director, FINPro, Marsh usa Inc.

What is the state of the property market today and what are key market drivers that have created the current situation? What events could impact property capacity and capital deployment? What can companies do to help control their destiny? How well are you covered for D&o liability? Have the critical events of the last few years impacted your coverage? What is the state of the executive liability insurance markets?

3:45 p.m. – 4:00 p.m.

refreshment Break


4:00 p.m. – 5:15 p.m.

session 2: erM- Challenges, strategies, and success stories


Moderator: rosa stroh, Vice President and Treasurer, The Hershey Company.

Panelists: george Bitto, Vice President and Treasurer, air Products & Chemicals Inc.

Mary Dean Hall, Vice President and Treasurer, eastman Chemical Company

Is erM important to your company? How will you mitigate risks that cannot be transferred, such as business continuity, M&a integration and loss of reputation? What are global companies doing to identify changes in local regulations, workforce availability, and supply chain and business continuity readiness. a panel of treasurers will share their experience and thoughts on how to keep an erM plan current as new threats develop.

Final Program | 9


6:00 p.m. – 10:30 p.m.

reception, Dinner and Dessert at the New York stock exchange dinner sponsored by FM global

Please meet in the lobby of the hotel. Buses will depart from the Westin New York at Times square promptly at 6:00 p.m. Note: You must have a government issued photo ID with you in order to enter the stock exchange.

Reception speaker: David oaten, Managing Director, Ceo, Pacific global advisors

Dinner speaker: robert e. Mellman. Managing Director and senior economist, J.P. Morgan

10:30 p.m. – 11:30 p.m.

Hospitality suite

ambassador 1 (2nd Floor)

FRiDaY, MaY 31, 2013

7:30 a.m. – 12:30 p.m.



7:45 a.m. – 8:45 a.m.

Breakfast session with guest speaker

Ioana Barza, Director of analytics, Thomson reuters lPC


Discussion of current issues impacting the bank loan market: What are bankers’ short-term expectations for terms and trends in the loan and bond markets? How are issuers negotiating terms in the leveraged and investment grade market arenas? What are the biggest challenges facing the loan market and how are lenders, investors tackling them?

sponsored by Mitsubishi UFJ securities (Usa), inc.

8:45 a.m. – 10:15 a.m.

session 3: Bank and Capital Market Transactions


Moderator: Kimberly a. Hunter, Corporate Treasurer, Ingredion Incorporated

Panelists: Philip r. Cabrera, Vice President and International Treasurer, McDonald’s Corporation

Jane F. Casey, Vice President and Treasurer, Blyth, Inc.

Nicholas Bijur, Vice President and Treasurer, Pacific gas & electric Corporation

gain insights on how your peers have addressed liquidity and debt capacity challenges in renewals of their investment grade and non-investment grade credit facilities and bond transactions, including structures, impact of regulatory requirements, and syndication considerations

10:15 a.m. – 10:30 a.m.

refreshment Break


10:30 a.m. – 12:00 noon

session 4: retirement Plans


Moderators: Jane F. Casey, Vice President and Treasurer, Blyth, Inc.

Kevin Wilson, Vice President and Treasurer, Mead Johnson Nutrition Company

Panelists: steve Ferber, senior Vice President, PIMCo

David oaten, Managing Director, Ceo, Pacific global advisors

Fred Conley, Head of us Institutional Defined Contribution sales, goldman sachs asset Management

experts discuss latest trends in both DB and DC plans, including regulatory impacts, pension termination solutions, alternative strategies that give DC investors nontraditional options, risk management within target date funds and other issues.

12:00 noon – 12:30 p.m.

NaCT annual Membership Business Meeting


We look forward to seeing you at the 2013 Fall Day of Technical Discussions on Thursday, November 7 at the Hyatt regency Hotel in rosemont, Illinois.

Final Program | 11

CorPoraTe sPoNsorsThe National association of Corporate Treasurers gratefully acknowledges the following companies for providing corporate support to assist us in achieving greater education and communication among our members:

saVe THe DaTePlease add this event to your calendar

2013 Fall Day of Technical DiscussionNovember 7, 2013

Hyatt regency o’Harerosemont, Il

National association of Corporate Treasurers | 12100 sunset Hills road, suite 130, reston, Va 20190-3221Phone 703-437-4377 | Facsimile 703.435.4390 | email [email protected]

Documents

COnFeRenCe PROGRaM · 2019-04-03 · and Ioana Barza, Director of analytics at Thomson reuters lPC. In addition, treasurers from major public corporations and privately held firms