Embed Size (px)
Citation preview
FEI Houston Chapter Newsletter / April Issue, 2013 Page 1
The CEO and Board have generally increased their expectations of the CFO over the last decade depending on the stage of evolution and particular circumstances of a company. The CEO, Board and CFO all need a clear alignment and prioritization of expectations, which might range from strong controller skills to a strategic partner of the CEO to an M&A deal generator. The CFO job can be overwhelming. It is important that the CFO continue focusing on the proper priorities as those priorities change. Join our experienced panelists as they dive into questions concerning what the Board needs from the CFO and what the CFO needs from the Board.
Robert Uhlaner - Moderator, is a core member of McKinsey’s Corporate Finance Practice, where he leads the Transactions group for the Americas as well as the firm’s West Coast Industrial group. Robert’s clients include established companies in the high-tech, electric power, natural gas, and industrial sectors. He is well known for his design and implementation of value-capture programs—generally undertaken in the context of M&A or other restructuring efforts—which he has applied successfully to sev-eral notable transactions. Robert leads McKinsey’s knowledge-building in merger management and integration.
Sigmund “Sig” Cornelius, 58, retired at the end of 2010 as Senior Vice President, Finance and Chief Financial Officer from ConocoPhillips after serving over 30 years with the company in a variety of assignments in the Midstream, Upstream and Corporate segments of the business in both domestic and international locations. He currently serves on the public company Board of Directors for Carbo Ceramics, USEC, Parallel Energy, NiSource and Western Refining. He also serves on three non-profit boards; Citizens for Animal Protection (CAP), Theatre Under the
Stars (TUTS) and Lutheran Social Services of the South (LSS). Additionally he is engaged in part-time consulting work in the natural gas industry.
W. Benjamin “Ben” Moreland, was appointed President and CEO of Crown Castle International in July 2008. Crown Castle, a NYSE-listed provider of wireless infrastructure in the US and Australia, operates over 31,000 towers and Distributed Antenna System (DAS) facilities and was added to the S&P 500 in 2012. Prior to his current role, Moreland served as Executive Vice President and Chief Financial Officer of Crown Castle since 2000. He joined Crown Castle in 1999 after 15 years with Chase Manhattan Bank, primarily in corporate finance and real estate investment banking. Moreland serves on the Boards of Crown Castle International and Calpine Corporation, as well as the Spring Branch Education Foundation.
The High Functioning Board-CFO RelationshipRobert Uhlaner - Panel Moderator, Director, McKinseySigmund Cornelius, Director, Carbo Ceramics, USEC, Parallel Energy, NiSource & Western RefiningBen Moreland, President and Chief Executive Officer, Crown Castle Director, Calpine
ApRil 4TH BREAKFAST MEETiNG WiTH NACD:
Breakfast Meeting & panel DiscussionThursday, April 4, 2013lOCATiON:
Houston Country Club1 Potomac DriveHouston, TX 77057» map to location
AGENDA:
7:00am Registration / Breakfast Buffet7:30am Breakfast / Topic Discussion8:00am Program Presentation9:00am Audience Q&A9:30am Adjourn
MEETiNG SpONSORS:
in this issue:
President’s Letter....................................Officers & Chair....................................... Upcoming Events................................... New Members........................................FEI Sponsors............................................Meeting Registration............................
Page 2Page 2Page 3 Page 3Page 4Page 4
FEi Houston Chapter P.O. Box 631206 Houston, TX 77263-1206 Tel: 713.223.0334 / Fax: 713.776.1308 [email protected] Chapter Administrator: Terry K. Newton
financial executives
SM
i n t e r n a t i o n a l
Houston chapter newsletterwww.feihouston.org - April Issue, 2013
Robert Uhlaner
Sigmund Cornelius
Ben Moreland
FEI Houston Chapter Newsletter / April Issue, 2013 Page 2
Greetings,
Our April meeting marks a number of firsts for our chapter; it is a morning meeting, and a joint meeting with the tri-city chapter of the National Association of Corporate Directors, (NACD). At the beginning of this chapter year the leadership pledged to increase member value through varied programming. Many members are challenged to make our evening meeting and by starting the day with FEI we hope to allow different members to make a chapter meeting. FEI has many dual members with NACD and has similar goals and interests. By partnering
with NACD on this meeting we are offering a program on CFO board relations through a great panel and a nationally recognized moderator. With his joint meeting we hope to further educate Houston area directors on the mission and goals of FEI. If we find value in this meeting time we may consider additional offerings in the future.
At our March meeting the slate of new officers and directors were presented for election to their respective positions. On behalf of our current officers and directors we offer congratulations to the incoming team for fall 2013 and will support them in continuing the success of FEI in Houston.
At the March professional development session, George Brown did a fantastic job of explaining cloud computing. The main points of the presentation were the projected 10X cost reduction over traditional in-house computing and that adoption will reach an inflection point within 3 years with half of all companies utilizing cloud computing in their enterprise. Our dinner speaker, Brent Longnecker demonstrated why he is considered a thought leader on executive compensation. Brett’s rapid fire coverage of SEC registrant’s Compensation Disclosure and Analysis issues along with other current issues in proxy statement disclosure issues was a great clinic for all.
UHY is the Platinum sponsor in April and we appreciate their high level of engagement and support for our chapter including cooperating with NACD on the upcoming breakfast meeting. Over the summer months we will work with UHY to provide additional CPE opportunities for members.
American Express is a new chapter sponsor and we are excited about their sponsorship. They offer FEI an additional variable financial sponsorship program by contributing incrementally more to our chapter as members enroll in the Corporate Card program. If you want additional information please contact me.
Note that Houston Country Club is still constructing its new parking garage so arrive a couple minutes early to avoid parking issues.
Sincerely,
Eric Khan President
A letter from the president FEi Houston Officers and Committee Chairs
PresidentEric Khan, The Rand Group, LLC
President-ElectPhil Denning, Shell Oil Co.
V.P. – ProgramsBlair HabudaJoe Abell
V.P. MembershipSuzanne Hauser, BPFrances Powell Hawes, Hawes Interests Elizabeth Wilkinson, Resources Global Profes-sionals
V.P. SponsorshipRebecca McCulloch, HSBCBrett Clapsaddle, InterMarine Incorporated
V.P. Academic RelationsTony Van Slyke, Goodwill Industries of Hous-ton
V.P. Prof. DevelopmentMaurice Nassar, Robert HalfSherrie Reinhackel, Cockrell Interests
SecretaryJennifer Whitley, Far East Energy Corp
TreasurerDavid Boersma, Foro Energy
Immediate Past PresidentChuck Fischer
Member Career Services ChairKevin Hanratty, Astoundry, Inc.
FERF Liaison ChairBob Baumgartner
Social Events Co-ChairsColleen Estes, Sirius Solutions Todd Ruden, Cardtronics, Inc.
The Houston Chapter Golf Tournament will be held on Tuesday afternoon, April 23rd at Blackhorse Golf Club in northwest Houston. The cost is $75 per member (a $200 value) and includes lunch, driving range, greens fee, snacks, beverages and dinner with open bar. Your first guest is free; second and third guests are $75 each. This is a fun event for golfers of all abilities (or no abilities). There are cart goodie bags for all golfers (including the ever popular bottle of wine), a putting contest, awards and raffle prizes.
You will receive an email with registration information soon and can also register at the April meeting. The registration deadline is April 15th. Contact Todd Ruden at 832-308-4150 or [email protected] with any questions.
Annual Golf TournamentApril 23rd - Blackhorse Golf Club
M AR K YOU R C AlE N DAR!
FEI Houston Chapter Newsletter / April Issue, 2013 Page 3
Upcoming Events
Save the Date! Next meeting May 21, 2013 Spouses Night!
Reminder: HCC Dress Code after 6 pm for men is coat and tie. Cell phone use allowed in the phone room only or outside. Please ensure your guests are also aware of these requirements.
FEi Houston Chapter Directors
Frances Powell Hawes, Hawes InterestsBruce Misamore, Yukos Oil CompanyKevin Dartez, SitusJeff Curtiss, KBRChris Brewster, Cardtronics, Inc.Michael J. Vitek, 212 ResourcesM. Colleen Estes, Sirius Solutions, LLLPChris Matlock, Lookout Capital ManagementTerry Sanford, Design Tech Homes
William N. Banks Southwestern Energy Company
Anna Njoroge CBS Radio
David l. pitts, CpA Carrizo Oil & Gas
Bryce Tawney Halliburton Company
New Members - April 2013
Quarterly Accounting RoundupQuestions? http://www.usdbriefs.com/dbriefs/contactus2.htm2:00 p.m. Eastern | 90 minutes | 1.5 CPE credits available
Mar 27
Members, please be sure to notify the chapter office when you have a change in contact information. Also, notify FEI: 973.765.1000, ext 2.
Never Hire Again with Cloud FinancialsQuestions? Contact [email protected] 1:00 p.m. Eastern | 1 hour
Mar 28
Member Benefits 101: Getting to Know Your FEI! at 2:00 pm EasternThis 45 minute webcast will give you indepth insights into your FEI membership benefits and career service offerings as well as updates on technical committee activities, and new research efforts from FERF (Financial Executives Research Foundation). 2:00 PM (Eastern) | 11:00 AM (Pacific)
Apr 17
FEI Houston Chapter Newsletter / April Issue, 2013 Page 4
Houston Country Club1 Potomac Drive
poto
macS.
Vos
s Ro
ad
Foun
tain
view
Chim
ney
Rock
San Felipe
Woodway
Woodway
Memorial
Meeting Fax/Mail Reservation Form
April 4th meeting information2012-2013 Strategic partners
lOCATiON:
Houston Country Club1 Potomac DriveHouston, TX 77057
AGENDA:
Professional Development Session (4:30pm)Social hour (5:30pm)Dinner (6:30pm)
PLATINUM MEETING SPONSORS Fulbright & Jaworski Hein + Associates LLP Oracle Resources Global Professionals Robert Half Sirius Solutions The Rand Group LLC UHY LLP, Certified Public Accountants
EMERALD GOLF SPONSOR Bank of America
GOLD MEETING SPONSORS American Express Deloitte Enterprise Fleet Management EXL Service HFBE+SRR HSBC Wells Fargo Wortham Insurance & Risk Mgmt
Secure your FEi Sponsorship today!
Contact: Rebecca McCulloch [email protected] or Brett Clappsaddle [email protected]
GOLD GOLF SPONSORS Experis Finance PMB Helin Donovan
GOLD SOCIAL EVENT SPONSOR USI
ACADEMIC HONORS DAY Aventine Hill
ASTROS GAME KPMG
FSF ACADEMIC HONORS PROGRAM ExxonMobil Halliburton Hein & Associates KBR Mutual of Omaha BBVA Compass Bank Goodwill Industries of Houston
PLATINUM GOLF SPONSOR Alvarez and Marsal
EMERALD SOCIAL EVENT SPONSOR Siegfried Group, LLP
DIRECTORY PRINTING RR Donnelly
PLATINUM SOCIAL EVENT SPONSOR IFS North America
Mail to: P.O. Box 631206, Houston, TX 77263-1206 or Fax to: 713.776.1308 One form per registrant please, photocopy as necessary. Reservations Required by 3:00 pm 2 business days before the meeting. Reservations may be canceled without cost as late as noon the day before the meeting. “No-shows” will be billed $90.
Meeting Cost: No charge for Chapter Members and 1st time prospective members. Guests -$90/person (guests & prospective members must be accompanied by member)
Register online at http://www.feihouston.org
Attendee Name
Organization
Street Address City / State / Zip
Phone Fax E-mail
Please select one: Chapter member 1st time prospective member
Spouse (name) :
Payment method: MasterCard Visa Amex
Credit Card #
Name on card
Expiration date (Month/Year)
Signature
Billing address (street address, city, state and zipcode)
