May 16, 2024
Topic: Lessons Learned: A Conversation with Seasoned Company Advisors
Speakers: Adam Buchanan, Tax Partner at EisnerAmper, Tim Goettel, Partner at Smith Anderson LLP, Kim Korando, Partner at Smith Anderson LLP, and Charles Shook, Partner and Founder of Trestle Capital Partners
Mistakes are a part of life, and learning and growing from those mistakes is a critical part of developing as a professional and as a leader. A distinguished panel of professionals who have represented a wide range of companies will share mistakes that they have seen and experienced in counseling clients in a number of different areas, including the areas of corporate law, acquisitions and divestitures, human resources, capital markets and tax. The panel will aim to provide practical tips and guidance for professionals to consider so that they might avoid some of these common traps that companies often face.
Adam Buchanan is a Partner in EisnerAmper’s Raleigh tax practice. During his career he has advised clients on both the entity and individual income tax aspects of all stages of the business life cycle – from formation and entity choice to eventual exit or succession. Adam has two undergraduate degrees from Oklahoma State University: one in International Business and one in Accounting. In addition to being a licensed NC CPA, Adam also holds FINRA Series 7 and Series 66 securities licenses and is heavily involved in his firm’s wealth management practice.
Tim Goettel is a Partner at Smith Anderson LLP, where he handles complex acquisitions and divestitures across a range of industries, advises clients on significant corporate governance matters, and represents issuers in public and private offering and financing transactions. Tim received his undergraduate degree from Duke University and his law degree from the University of Virginia School of Law.
Kim Korando is a Partner at Smith Anderson LLP, and she is recognized as one of North Carolina’s leading employment lawyers by numerous credentialing publications. She founded the firm’s Employment, Labor and Human Resources practice group and served as its inaugural leader. She received her undergraduate and law degrees from the University of Oklahoma.
Charles Shook is a partner and founder of Trestle Capital Partners, a boutique merchant banking firm located in Raleigh and focused on providing M&A and capital markets advisory services to privately held, middle market companies. Prior to founding Trestle Capital Partners in 2003, Charles built and led the private equity group of Harbert Management Corporation, a diversified alternative asset management firm based in Birmingham, AL that manages capital for a Forbes 400 family, as well as for third party institutional and high net worth investors. He has also worked as a management consultant and an investment banker. Charles received a B.A. in economics from the University of North Carolina and an M.B.A. from the Darden School of Business at the University of Virginia.
April 18, 2024
Topic: The New Three 'Rs' of Talent: RECRUITMENT, RETENTION, & RESOURCES
Speakers: Kristen Barnett, Senior Director, Vaco, John Whelehan, CPA, Associate Director, Vaco and John Wojcik, Senior Director of the WakeWorks Apprenticeship Program, Wake Tech
In today’s human capital environment, those that understand the importance of how talent provides solutions for business imperatives will grow and sustain their enterprises. This Lunch & Learn session will increase your knowledge and insights of our labor market and how WakeWorks has become a strategic partner for many companies and organizations in the Triangle. The program will be sponsored by Vaco in collaboration with the WakeWorks Apprenticeship Program at Wake Tech.
With twenty apprenticeship programs and thirteen career fields, Wake Tech serves over 75,000 degree seeking and students and continuing education adult learners. Based in Brentwood, Tennessee, Vaco has over 40 offices in North America with three in North Carolina including Raleigh that specializes in Accounting/Finance, Technology & Digital, and HR & Operations.
Kristen Barnett is a Senior Director on Vaco’s interim and project-based consulting team with over ten years of recruiting industry experience connecting the top accounting, finance, and HR talent in the market with Raleigh’s leading companies. Kristen is adept at assessing a company’s needs and matching those needs with the ideal consultant support. She has an MBA from the University of Maryland and extensive experience motivating and leading teams.
John Whelehan is an Associate Director on Vaco Raleigh’s Accounting & Finance direct hire recruiting team. As a CPA with 9 years of tax experience in public accounting, this former Upstate New York native uses his knowledge and passion about people to help candidates find their dream accounting and finance roles. John takes pride in partnering with his clients and candidates to help them achieve long-term success.
John Wojcik serves as the Senior Director of the WakeWorks Apprenticeship Program at Wake Tech Community College. With over four decades of experience in Supply Chain and Operations Management across diverse regulated industries, John brings a wealth of expertise to his role. His commitment to workforce development and skills training is deeply ingrained, reflecting a career-long dedication to addressing the critical challenges faced by businesses in this arena.
At Wake Tech Community College, John leads the charge in developing and implementing Apprenticeship initiatives designed to bridge the gap between industry demands and the capabilities of the workforce. His tenure at Wake Tech has been marked by a proactive approach to tackling the multifaceted challenges inherent in workforce development. Drawing upon his extensive background, John understands the nuanced complexities of various regulated sectors and has consistently demonstrated his ability to navigate these intricacies.
John's impact extends far beyond traditional manufacturing settings, encompassing all facets of organizations. Recognizing the evolving landscape of industry demands, he remains at the forefront of developing innovative Apprenticeship programs tailored to meet the needs of modern businesses. Through his leadership and strategic vision, John empowers individuals with the skills and knowledge required to thrive in today's competitive environment, ultimately driving growth and success for both companies and their employees.
WakeWorks® Apprenticeship is a partnership between Wake Tech and Wake County to address a shortage of technical workers in the region while giving students a unique opportunity to earn an income while learning new skills.
Apprentices can gain on-the-job training at local employers, learning sought-after skills in various fields and garnering industry-recognized credentials and degrees – all while earning a paycheck. Registered apprenticeships require a minimum of 2,000 hours of training and 144 hours of classroom instruction, and many lead to permanent employment. Apprentices are awarded an official JourneyWorker’s certificate upon completion of the apprenticeship, signifying they have mastered the skills in their field.
December 13, 2023
Topic: Year End 2023 Tax Discussion: Recurring Pain Points and Outlook for 2024 and 2025
Speaker: Adam E. Buchanan, Corporate Tax Partner, & Mike A. Luistro, Senior Tax Manager, of Hughes Pittman & Gupton, LLP
Please join us for the final RTP CFO Forum meeting of 2023! Adam Buchanan and Mike Luistro from Hughes Pittman & Gupton, LLP will be rounding out the year as our speakers. During this discussion, we’ll touch on the current status of the onerous Sec. 174 R&D capitalization requirements (still in effect for 2023), as well as some longer-term planning topics related to the sunset of the Tax Cuts and Jobs Act on the horizon for 2025. CPE CREDIT WILL BE PROVIDED.
Adam Buchanan has over 20 years of experience in public accounting. He joined Hughes Pittman & Gupton, LLP in June of 2013. He was previously with Grant Thornton, LLP in Raleigh and prior to that, Arthur Andersen, LLP.
Adam is part of the Firm’s corporate tax practice. He has experience working with clients in a variety of industries including biomedical and pharmaceutical, software and technology development, manufacturing and distribution, retail and hospitality, and venture funds. His experience also includes working with owner-managed businesses in a variety of industries, from the start-up phase to eventual exit by the owner. Adam has focused a significant portion of his career on accounting for income taxes pursuant to ASC 740, including Accounting for Uncertain Tax Positions, SEC reporting, and internal controls of the tax function for SOX compliant companies.
Mike Luistro has 10 years of experience in public accounting. He started his career at Hughes Pitman & Gupton, LLP as Tax Staff after receiving his bachelor’s degree in accounting and management information systems, and his master’s degree in accounting from the University of North Carolina at Wilmington.
Mike has worked with both public and nonpublic companies across a variety of industries, with a primary focus in corporate taxation. He has experience with startups, life science companies, partnerships, and S corporations. Mike’s experience in these industries includes preparing tax returns, calculating R&D tax credits, preparing 5471’s and other foreign corporation forms.
September 27, 2023
Topic: The Evolution of Restrictive Covenants, Non-Competes, and Other Workplace Contracts
Speaker: Carrie B. Cherveny, Esq., Chief Compliance Officer and Senior Vice President, Strategic Client Solutions, HUB International
Restrictive covenants have been a tool frequently used by organizations to protect their intellectual property, their client base, and their employee population. Well-crafted restrictive covenants can have a significant impact on the organization’s value and competitiveness in its industry. However, various states and federal agencies have been targeting various forms of restrictive covenants such as non-competition agreements and developing regulations that limit their use and validity under various circumstances. Navigating this hot topic and evolving landscape can be difficult – during this session we will “catch you up” on where many of the more aggressive states and the federal agency proposed regulations stand. More specifically – we will talk about:
• The Federal Trade Commission proposed regulations limiting (and voiding) non-competes
• The National Labor Relations Board position and national General Counsel Memo in opposition to the use of non-competes
• A review of some of the more aggressive states and their positions on non-competes and restrictive covenants
Join us for this important session to get “up to speed” on the validity of your organization’s restrictive covenant practices.
June 2023 SOCIAL
CANCELLED
May 11, 2023
Topic: Risk Management around Data and Cyber Thefts
Speakers: Mayukh Sircar and Angela Doughty, CIPP-US, Privacy and Data Security Attorneys with Ward and Smith, P.A.
The speakers will discuss the Role of the C-Suite in Preparing for Data Breaches and Security Incident Response Plans
Topics:
• Introduction to Ward and Smith's Data Privacy and Security Practice
• Overview of Security Incidents, Data Breaches, and Ransomware
• Who Needs Seats at the Team Table
• Data Security Response Plans
• Questions
Angela Doughty - North Carolina State Bar Board Specialist in Trademark Law and a Certified Information Privacy Professional- United States (CIPP/US); Ward and Smith's Director of Legal Innovation.
In her Privacy and Data Security practice, Angela advises clients on all aspects of privacy and security regulations including evaluating and implementing compliance programs, responding to data breaches and security incidents, drafting privacy notices and policies, and negotiating consumer and vendor contracts. Her practice encompasses counsel on a wide variety of state and federal regulations such as Health Insurance Portability and Accountability Act (HIPAA), Health Information Technology for Economic and Clinical Health (HITECH), Gramm-Leach-Bliley Act, the Fair Credit Reporting Act (FCRA), CAN-SPAM, Children’s Online Privacy Protection Rule (COPPA), General Data Protection Regulation (GDPR), and other international data transfer mechanisms.
Mayukh Sircar - Data Privacy and Security Attorney, Ward and Smith, P.A.
Mayukh offers keen insights and practical knowledge of privacy and data security law to help clients turn cybersecurity risks into manageable business opportunities. He advises businesses in various industries on developing privacy protection practices, such as the legal requirement and risks associated with the collection, storage, transfer, use, protection, and data disposal. He also counsels clients on structuring and operationalizing privacy compliance programs, data breach response and planning, contract and vendor management, and licensing and technology transactions.
March 28, 2023
Topic: Trends and Challenges within Hiring in RTP
Speakers: Becky Acevedo & John Whelehan, VACO Holdings
HAPPY 2023! Yes, it’s a bit after New Years, but with Spring currently blooming, what better way to start off the season right with a little get-together with a twist? Please join us for an opportunity to socialize and re-connect with your fellow CFOs in the Triangle area. It’s a great opportunity to reestablish old relationships and make new ones. The RTP CFO Forum is hosting March’s Social Event at Carolina Exotic Car Club. The event is sponsored by VACO, who will hold a brief and informal session, more geared toward facilitating conversation between attendees.
Wine, beer, and a social buffet-style meal will be provided by Carolina Exotic Car Club.
VACO will review current trends within hiring and workforce strategy, with examples of what local clients are facing, and how they’ve adapted for the next quarter. This will be an interactive session for attendees to add their own experiences, including upcoming goals and challenges regarding talent, engagement, and retention.
Location: Carolina Exotic Car Club, 3107 Glen Royal Rd., Raleigh, NC 27617
(919) 745-8880 www.joincecc.com
Carolina Exotic Car Club is a custom built, truly unique facility which combines all aspects of service and amenities for exotic and collector car owners. CECC is a private, membership only club and storage facility which combines an active social club with secure climate controlled storage, on-site maintenance and repair, detail, private event venue rentals, catering, enclosed transport and much more.
Sponsor: VACO https://www.vaco.com/
With expertise in accounting and finance, technology, operations, supply chain management, and governance, risk and compliance, Vaco Holdings encompasses a unique family of brands that provides end-to-end enterprise solutions: Focus Search Partners, a retained executive search practice; MorganFranklin Consulting, a finance, technology and business advisory firm; Pivot Point Consulting, a Best in KLAS healthcare IT consulting leader; and Vaco, a talent solutions company providing strategic staffing and direct-hire solutions. Since its founding in 2002, the company has grown to serve more than 12,000 clients across the globe with 10,000 employees. For the past 16 years, Vaco Holdings has made Inc. magazine’s list of the fastest-growing private companies.
Becky Acevedo
Becky is NC CPA and a Senior Associate on Vaco’s Accounting & Finance team. Prior to joining Vaco, Becky spent five years in public accounting in the audit practice with KPMG and almost two years working for a professional services firm in the private equity industry. Becky enjoys building relationships with her candidates and client’s by connecting with them through her accounting experience to help match the right talent with our clients.
John Whelehan
John is an Associate Director on Vaco Raleigh’s Accounting & Finance direct hire recruiting team. As a CPA with 8 years of tax experience in public accounting, this former Upstate New York native uses his knowledge and passion about people to help candidates find their dream accounting and finance roles. John takes pride in partnering with his clients and candidates to help them achieve long-term success.
December 15, 2022
Topic: Managing Volatility in a Down Market
Speakers: Steven Katzenstein & Jennifer McKinnon, CFP, Financial Advisors of HPG Wealthcare Advisors, LLC
Please join us the morning of Thursday, December 15th, at the offices of Hughes Pittman & Gupton, where Steven Katzenstein and Jennifer McKinnon of HPG Wealthcare Advisors, LLC will be discussing strategies to help you navigate through the volatile markets and introduce investments designed to help buffer the down-side risks. The agenda will be as follows:
Steven D. Katzenstein, Financial Advisor, HPG Wealthcare Advisors, LLC
Education and Professional Affiliations
Jennifer A. McKinnon CFP, Financial Advisor, HPG Wealthcare Advisors, LLC
Education and Professional Affiliations
November 17, 2022
Topic: Why Technology Is A Critical Driver of M&A Synergy
Speakers: Jeff Britton, Director, Technology Advisory, MorganFranklin Consulting and Chase Sommer, Partner, Accounting & Finance Solutions, Vaco
When two companies merge to become a single entity, value creation is traditionally viewed through the lens of three synergies: revenue, cost, and capital. However, a fourth critical driver of synergy exists and is often underestimated. Technology synergies, traditionally viewed as a subset of cost synergies, account for more than 50% of the total synergy value in most transactions. Therefore, technology should be considered a standalone driver of synergy to capture value.
To realize the potential value of technology synergies, considerable IT due diligence and post-transaction technology transformation must be undertaken, including cloud application adoptions, ERP footprint rationalizations, process automation (e.g., RPA , AI , ML ), and IT operational model redesign to combine the two companies. This process can be complicated and costly if done incorrectly; however, we identified five key enablers that lead to successful technology synergy realization.
Jeff Britton - Director, Technology Advisory, MorganFranklin Consulting
Jeff is a proven and trusted advisor, with almost 20 years of experience helping organizations optimize business processes and technology. He has significant experience in nonprofit, financial services, state & local govt, manufacturing, retail, and healthcare. Jeff’s core areas of expertise include Technology Strategy, Digital Transformation, IT Budgeting & Cost Optimization, Governance, Cybersecurity and Analytics.
Chase Sommer - Partner, Accounting & Finance Solutions, Vaco
Chase entered the recruiting industry with several years of public accounting and audit experience, giving him a unique inside understanding of how financial organizations run effectively, and what hiring managers are looking for when adding top talent to their teams. Chase achieved “Rookie of the Year” nationwide in 2018 and currently leads the Accounting & Finance permanent search practice for Vaco Triad.
October 20, 2022
Topic: Regional Economic Development Update
Speaker: Kyle Touchstone, Director Raleigh Economic Development Biography
Kyle Touchstone will give an update on current state of the regional economy through an economic development lens. This presentation will be as interactive as possible, as the speaker will have an extensive Q&A window to foster dialogue and make his comments as pertinent as possible.
As Director of Raleigh Economic Development, Kyle leads the economic development program for the City of Raleigh through business recruitment, business retention and expansion, and brand awareness activities and supports talent and equitable economic development. Kyle brings over 15 years of experience in economic development. A native of McComb, Mississippi, Kyle has led economic development efforts through similar public-private partnerships in Tallahassee, Florida; Chatham County, North Carolina; and the Dallas suburb of Irving-Las Colinas, Texas. Most recently, he worked with The Wooten Company where he spearheaded infrastructure funding efforts to support economic development projects for local communities across the Carolinas.
Kyle holds a Bachelor of Arts in Political Science and Communication from Mississippi State University and completed the Economic Development Institute (EDI) certificate program at the University of Oklahoma. In 2017, Touchstone was recognized by the Triangle Business Journal as a 40 Under 40 Leadership Award winner.
September 22, 2022
Topic: Building Shelter, Where People Work, Live and Play
Speaker: James Metcalf, Chairman & CEO of Cornerstone Building Brands
Please join the RTP CFO Forum and James Metcalf for an afternoon discussion on the CEO’s Journey of forming a new company. In 2018, James Metcalf merged 5 companies, forming the largest exterior building products company in the US, with over 21,000 associates. He will also discuss the critical aspects of the CEO-CFO relationship to the public market and all stakeholders.
James (Jim) Metcalf led the merger of NCI Inc. (NYSE) with Ply Gem to form Cornerstone Building Brands (NYSE) in 2018. Cornerstone is the largest exterior building products company operating in the U.S., Mexico & Canada. CNR has an expansive product offering of windows, doors, siding, and commercial buildings with more than 100 locations and 22,000 employees. Since the merger, Jim has lead an additional 9 transactions of acquisitions & divestitures growing revenue to over $6.7 billion.
Jim established the introduction of core values, mission and vision as well as renaming the company to Cornerstone utilizing input from employees, the Board and an outside consultant. The merger led to synergies and cost reductions amounting to over $240 million as well as 8 consecutive quarters of margin expansion.
EXPERIENCE
Over 40 years of leadership experience in both public and private companies spanning various industries from building products, automation and medical. Metcalf successfully de-leveraged the balance sheet through cost reduction, portfolio rebalancing, and operational excellence as well as growth through innovation and M&A.
August 18, 2022
Topic: Pandemic, Recession, Inflation, Another Recession: When Will the Economy Return to Normal?
Speaker: Michael Walden, Ph.D., William Neal Reynolds Distinguished Professor Emeritus at North Carolina State University and President of Walden Economic Consulting, LLC
Please join the RTP CFO Forum and Dr. Michael Walden for an afternoon review of the current economic recovery since the pandemic. Dr. Walden will discuss all the current issues that are confronting the economy including labor shortages, gas prices, inflation, and the current Federal Reserve policy. He will also provide a forecast for the upcoming years.
Michael Walden, Ph.D., is a William Neal Reynolds Distinguished Professor Emeritus at North Carolina State University and President of Walden Economic Consulting, LLC. During his 43 years on the faculty at NC State, Walden became recognized as an expert on the state economy and public policy. He is the author of twelve books and over 300 articles and reports, and he has made 3000 personal appearances. Walden is also a frequent contributor to the national and state media, and continues to write a biweekly newspaper column.
He has won numerous awards, including two Champion-Tuck Awards for Excellence in Broadcasting, the UNC Board of Governors Award for Excellence in Public Service, the Holladay Medal for Excellence from North Carolina State University, and the Order of the Long Leaf Pine.
His new book is Re-Launch: How the Family Can Be Renewed and the American Dream Revived in the New Independent Lifestyle of the Post-Pandemic Economy. Walden is a member of the North Carolina Economic Development Association, and he resides in Raleigh with his wife, Mary.
Summer 2022 Social
Date: Tuesday, July 26, 2022
Time: 6:00 - 10:00 p.m.
Location: Durham Bulls Athletic Park, 409 Blackwell St, Durham, NC 27701
Come watch the Durham Bulls play the Lehigh Valley IronPigs! It’s summer time and what better way to reconnect and network with your fellow CFOs and senior financial professionals then by watching a good old game of baseball! It has been nearly a year since our last social and, I don’t know about you, but I miss seeing people’s face an catching up on what all has been missed! It’s a great opportunity to reestablish old relationships and make new ones.
Guests are welcomed! Do you know a CFO who would be interested in learning about the RTP CFO Forum? Feel free to bring them along to socialize, network, watch baseball, and enjoy a meal!
Come join us on the Lynwood Brewing Concern Party Deck! Located along the third base line, this space includes all you've come to expect at the DBAP: all-you-can-eat buffet, game ticket and private event space. The Party Deck is located on the third base line of the Club Level.
June 23, 2022
CANCELLED DUE TO LOW TURNOUT
May 19, 2022
Topic: Transfer Pricing - Controlling Risk
Speaker: Mike A. Arena, Director – Transfer Pricing, Hughes Pittman & Gupton, LLP
Transfer pricing, which refers to the pricing of transactions between related parties, continues to be an aggressive area for the IRS and tax authorities around the world. This presentation will dive into several examples to show where risk can arise for companies operating in multiple tax jurisdictions.
Michael Arena leads Hughes Pittman & Gupton’s transfer pricing practice. Michael has been helping companies deal with transfer pricing issues for over 13 years. Michael advises companies on matters related to determining, evaluating, and documenting intercompany pricing arrangements for tangible and intangible property, services, and financial transactions. His experiences include transfer pricing policy design for multistate and multinational purposes, global documentation studies, profit sharing and royalty analyses, mergers and acquisitions due diligence, and audit defense in the U.S. and abroad.
Michael has worked with clients in a variety of industries including life sciences and pharmaceutical, software and technology, manufacturing and distribution, retail, specialty chemicals, real estate, automotive, railroad, and private equity funds.
Before joining HPG, Michael worked at PwC. He received his undergraduate degree in finance at Georgetown University, and his J.D. from Washington University School of Law in St. Louis. He is a member of the North Carolina State Bar.
April 17, 2022
CANCELLED DUE TO LOW TURNOUT
March 17, 2022
Topic: Hiring in the 2022 Competitive Market
Speakers: Crystal Suazo, CPA, Partner at Reagan Madison, and Cristen Vaughn McHenry, Director of Recruiting at Reagan Madison Inc.
Please join us as Crystal Suazo and Cristen Vaughn McHenry of Reagan Madison will speak on hiring practices in 2022. Learn how to hire effectively in a candidate-driven marketplace. They will provide tips and tricks to set your company/position apart from other offers your top candidate might be receiving and considering alongside of yours.
Crystal Suazo is a Partner of Reagan Madison, a consulting firm providing expert services, contract solutions, and permanent placement in the accounting, finance, pharmaceutical, life science, and various other industries.
She is responsible for coordination of corporate alliances, business development and strategic planning for the firm. She also manages client and candidate relations in Reagan Madison’s Accounting and Finance consulting practice.
Reagan Madison’s comprehensive offering of business services allows your company to fill in need-based gaps, provide professional support and training to employees, provide an outside perspective, and align itself for future growth.
Cristen Vaughn McHenry is the Director of Recruiting at Reagan Madison Inc. where she is responsible for managing relationships with job seeking candidates in the marketplace. She has over 11 years of recruiting experience both on the internal corporate side as well as external industry recruiting. She specializes in a variety of industry placements, including accounting and finance, biotechnology and pharmaceutical, information technology, construction, and more.
February 17, 2022
Topic: 2022 Outlook: Top Risks for Employers
Speaker: Carrie Cherveny, Senior Vice President, Strategic Client Solutions and Chief Compliance Officer, Employee Benefits Southeast, HUB International Southeast
While many private employers are breathing a sigh of relief since the Supreme Court issued its stay of the OSHA vaccine mandate or test standard, the journey is not yet over. Many states and municipalities are enacting their own statues addressing vaccine requirements, prohibited vaccine mandates, and masking requirements. Likewise, employees are bringing increasing litigation for whistle blower and ADA violations. In this program, we will address the outlook for 2022 and some of the top risks for employers.
Carrie Cherveny is the Senior Vice President of Strategic Client Solutions in HUB’s Risk Services Division. Carrie has 20 years of combined experience in employee relations, human resources, employment law litigation, and employee benefits legal guidance. Carrie works closely with clients to identify compliance risks across the organization and develop responsive strategies and solutions that ensure compliance and further the overall organization goals. Carrie partners with HUB clients in various industries such as hospitality/restaurant, medical/hospitals, manufacturing, and white-collar businesses to identify various organizational risks and develop responsive strategic solutions.
Previously, Carrie B. Cherveny, Esq. served as the Chief Compliance Officer for the Southeast Region of HUB International, supporting the organization’s Employee Benefits Division. In this role, Carrie was responsible for providing compliance and consulting services regarding general health plans, ACA, ERISA, and other legal matters involving employee benefit programs.
Most recently, Carrie was General Counsel and Vice President for a national PEO designing and developing client compliance strategies and solutions
While working previously as a Partner in a West Palm Beach Employment Law firm, Carrie focused her practice in the area of employment litigation and employee relations in both state and federal courts. She has represented private sector employers in litigation under Title VII, the ADA, the ADEA, the FLSA, the FMLA, the Florida Civil Rights Act, and the Florida Whistleblowers’ Acts.
Winter 2022 Online Social
CANCELLED DUE TO COVID
December 9, 2021
Topic: Tax Law Changes – Year End 2021 and Beyond
Speaker: Adam Buchanan, Tax Partner, Hughes Pittman & Gupton, LLP
Adam Buchanan has selected what he believes to be key tax law changes on the horizon, and how they will impact businesses and owners/stakeholders. We’ll discuss enacted changes that are certain to take effect, as well as anticipated legislation and its effects. Topics will range from some game-changers in terms of how many more companies will be paying cash tax for the first time….. to what an exit will look like for founders and owners from a tax perspective.
Adam Buchanan has over 20 years of experience in public accounting. He joined Hughes Pittman & Gupton, LLP in June of 2013. He was previously with Grant Thornton, LLP in Raleigh and prior to that, Arthur Andersen, LLP.
Adam is part of the Firm’s corporate tax practice. He has experience working with clients in a variety of industries including biomedical and pharmaceutical, software and technology development, manufacturing and distribution, retail and hospitality, and venture funds. His experience also includes working with owner-managed businesses in a variety of industries, from the start-up phase to eventual exit by the owner. Adam has focused a significant portion of his career on accounting for income taxes pursuant to ASC 740, including Accounting for Uncertain Tax Positions, SEC reporting, and internal controls of the tax function for SOX compliant companies.
November 18, 2021
Topic: The Great Employment Reset: Managing Growth Amid Resignations, Retirements & Metaverses
Speakers: Dana Gower MBA CCP, Business, Talent & Wealth Strategist & John M. O'Connor MFA CPRW CCM, President & Executive Career Coach
Arguably, we are experiencing one of the biggest changes in the nature of jobs, workplace dynamics, career transitions and hiring activity in history. This monumental shift is as if we were experiencing The Industrial Revolution, The Great Depression, and a WWII post war economic boom all at the same time. The result is that while many businesses have shuttered, others can not hire the basic talent they need to keep up with demand, as seen in the numbers from September 2021 where in the US we had 10 million job openings and 8.4 million unemployed workers.
Economists have long predicted labor shortages due to the aging of baby boomers, but the COVID pandemic seems to have perpetuated the problem. Millions decided to take early retirement. The counter to this trend has been the belief that continued automation/robotization of the workplace will have the opposite effect and we will see ongoing mass unemployment in the not-so-distant future. Regardless of these contradictions, change is happening. The advent of remote work, demands for increased pay, more meaningful work, work/life balance and Diversity/Equity/Inclusion (DEI) initiatives are front and center for many job-seekers and even millions of workers who have or are thinking of resigning for better conditions.
As a CFO responsible for helping protect, grow and guide your organization's finances, being aware of these trends and the challenges they present is critical to the success of your company and your own survival. Potential solutions exist, some easier than others, and we'll outline a few ideas of ours for you in this upcoming session. Likewise, we'll invite you to offer your experiences and any solutions you see to this multi-dimensional challenge.
Dana Gower is VP at CareerPro Inc. and co-author of the CAREERING book on Amazon, co-founder of the Career Network Ministry, and creator of The BOOMERNOMICS Webinar, an online educational program and new book by the same name: BOOMERNOMICS - The Baby Boom Generation's Guide To An Encore Career, Fulfilling Retirement and Remarkable Legacy.
He has a demonstrated history of running a hedge-type mutual fund, served as a financial, retirement and talent/career advisor for more than 20 years, and worked as a human resources, compensation and benefits manager for a Fortune 500 company for the prior 15 years. Dana holds undergraduate degrees in economics and finance as well as a graduate degree in finance.
In addition working in his family's small, but global business as a youngster growing up in Maine, plus a major a Fortune 500 in Texas, South Carolina, Vermont, and North Carolina, Dana has also worked with 5 start-up companies in Research Triangle Park area of North Carolina in the not-so-distant past.
All together, he has around 40 years' diversified business and individual client experience.
John M. O'Connor is founder and president of CareerPro Inc., a veteran and woman-owned business serving clients for over 30 years now. Amoung many accomplishments in the world of career services, executive leadership coaching, and corporate outplacement, John has successfully added executive recruitment to the firm's practice.
An avid writer, John is the most quoted career coach for Forbes Online, was the first private practice Reach Branding Certified Specialist in North Carolina, is a Certified Professional Resume Writer and was the first Certified Federal Job Search Trainer in the nation. As a former visiting professor in creative writing at his alma mater, Bowling Green State University, he is a sought after author and contributor also to stories for Monster.com, CNN-Money, The Ladders and the Wall Street Journal.
"We devote our time, energy and effort to help people maximize their careers and organizations maximize their leadership and talent, while protecting their employer brand. We work with people and organizations through good and bad economic times."
Finally, John serves as expert witness in career issues within the state court system, is a podcaster, a keynote speaker and Army veteran.
October 21, 2021
Topic: The Economy in the Post Covid World
Speaker: Dr. Michael Walden, Economics Professor, North Carolina State University (NCSU)
Please join us for this month’s meeting where Michael Walden will discuss where the economy is now, where it is going, and how the post-covid economy will be different than the pre-Covid economy. His emphasis will be on North Carolina and the Triangle. He will also discuss some content from his forthcoming new book: “Re-Launch: How Families Can Be Renewed and the American Dream Revived in the Post-Pandemic Economy.”
Michael Walden is a William Neal Reynolds Distinguished Professor Emeritus at North Carolina State University and President of Walden Economic Consulting, LLC. During his 43 years on the faculty at NC State, Walden became recognized as an expert on the state economy and public policy.
He is the author of twelve books and over 300 articles and reports, and he has made 3000 personal appearances. Walden is also a frequent contributor to the national and state media, and continues to write a biweekly newspaper column. He has won numerous awards, including two Champion-Tuck Awards for Excellence in Broadcasting, the UNC Board of Governors Award for Excellence in Public Service, the Holladay Medal for Excellence from North Carolina State University, and the Order of the Long Leaf Pine.
His newest books are Real Solutions and Disunionia: A Political Thriller. His upcoming book, Re-Launch: How Families Can Be Renewed and the American Dream Revived in the New Independent Lifestyle of the Post-Pandemic Economy will be published in February 2022. Walden is a member of the North Carolina Economic Development Association, and he resides in Raleigh with his wife, Mary.
September 16, 2021
Topic: The Financials of Risk Management & Mitigation | Navigating Potential Pitfalls in Cyber-Insurance
Speakers: Dan Litman, Director of Sales, ATCOM; John Cameron, Technical Solutions Architect, ATCOM; and Lawrence Boening, CIO/CTO, ATCOM
Please join us digitally for a discussion on information technology trends, specifically the topics of cyber risk and cyber insurance, presented by three speakers from ATCOM: Dan Litman, John Cameron, and Lawrence Boening. The agenda for this presentation is:
Lawrence Boening, ATCOM CIO/CTO, is an innovative corporate executive and trusted technology partner with over 35 years devoted to creating and managing successful B2B technology businesses and providing technology solutions and strategies, compliance and risk management, product development and marketing and sales strategies. Lawrence utilizes his depth of business and technology expertise to provide powerful consultative professional services including vCIO, vCTO and vCOO engagements for organizations in the Mid-Atlantic region.
John Cameron is a 25 year technology sales and service veteran helping guide major technology initiatives for such companies as BB&T and IBM; before turning his direction toward the development of a managed services practice for ATCOM. Before entering the private business sector, John served as a submarine nuclear engineer in the Unites States Navy, and is a graduate of East Carolina University.
Dan Litman has been in Technology for over 25 years. Starting in telecom in the late 90’s in the Washington, D.C. area, he moved to Raleigh in 1997 to manage the data specialists of locally headquartered BTI, who helped design wide area networks for their customers. After that, Dan moved to ATCOM to pursue his passion of helping customers work more effectively and productively with solutions that included VoIP, IT Managed services, and Cloud Solutions. Dan has managed the sales team for the last 17 years at ATCOM, where customer first is a standing principle in the organization.
ATCOM is an IT Managed Service provider, headquartered in the Triangle for over 40 years, with a Professional Services practice built to help C level executives plan and build proper technology policy and procedures in their business.
August 19, 2021
Topic: Employer Retention Credit
Speaker: Clint Foster, National Sales Representative, Synergi Partners
Clint Foster of Synergi Partners will demystify the revised CARES Act legislation from December 2020 where Congress revised relief options available to businesses affected by the pandemic, expanding Employee Retention Credits (ERC). This legislation created opportunities for previously excluded recipients of PPP. To be eligible businesses must have been fully or partially suspended by government orders OR experienced a reduction in year over year gross recipients of 50% in 2020 or 20% in 2021. Clint will explain how most businesses are eligible for ERTC. Other points of interest he will cover include:
-Synergi Partners’ boutique approach and experience on the Employee Retention Credit
-Common misconceptions surrounding this credit
-Eligibility and qualifications
-Potential credits and examples
-Synergi Partners’ process and timelines
-Q&A
Clint Foster has been focused on his clients’ success for over 15 years. For the last two years, he has been passionate about helping his clients recover from natural disasters through business tax incentives. His expertise in tax credits, most recently the Employee Retention Credit piece of the CARES Act, has allowed him to help his clients claim millions of dollars in credits they would have previously missed out on. A native to Easley SC, Clint graduated from Francis Marion University with a degree in Marketing but it is his passion for people that brought him to this line of work. He lives and works in Florence SC, but has helped companies nationwide find much needed credits in a time of need.
Summer 2021 Social
Date: Wednesday, July 28, 2021
Time: 5:00 - 8:00 p.m.
Location: Level7 Rooftop Bar, AC Hotel, 101 Park at North Hills St., 7th Floor, Raleigh, NC
Please join us for an opportunity to once again meet in-person and socialize with your fellow CFOs in the Triangle area. It’s a great opportunity to reestablish old relationships and make new ones. The RTP CFO Forum is hosting July’s Social Event at Level7 Rooftop Bar. The event is sponsored by HUB International Raleigh, OneDigital, and SouthState Bank.
Located at the AC Hotel Raleigh North Hills, Level7 is Raleigh’s distinctive, energized space for tapas style bites and samplings from small batch distillers, rock star brewers and single vineyard labels. With a flavor all its own, Level7 is a European inspired experience with North Carolina spirit and Raleigh soul overlooking the North Hills neighborhood.
There will also be giveaways with fantastic prizes for attendees.
June 17, 2021
Topic: Tony Atti – Stories and Experiences from Behind the Curtain
Speaker: Tony Atti, Director, Co-Founder, & CEO of Phononic
Join us at HUB International for our first in-person meeting in over a year! The speaker, Tony Atti of Phononic, will talk about his history as an entrepreneur and what he learned from it, as well as speak on the history, challenges, and experiences he’s had with his current company.
There is also a dramatic change that is going on in the Triangle right now, which Tony will discuss, and the role finance plays. The Triangle is a vibrant entrepreneurial community, and Phononic has played a quiet, but important, role behind the scenes, bringing in some of the big names you’ve read about. They’ve been working with a bunch of the local entrepreneurial groups prepping them for what’s coming…expectations are now bigger and the region needs to be prepared.
Dr. Atti is an experienced energy technology investor, entrepreneur, and executive who has demonstrated expertise and leadership in venture financing, business development, start-up growth and operations, and negotiating joint venture relationships.
As co-founder and CEO at Phononic, he’s led the development and growth of the company as the leading innovator of solid-state cooling and heating management solutions through accretive venture capital and institutional investor support. As a former Director at MHI Energy Partners, a seed- and early-stage energy private equity fund, Dr. Atti managed deal flow networks, conducted due diligence, structured venture financing transactions, and provided direct portfolio company leadership.
Dr. Atti earned his Ph.D. in Organic Chemistry from the Loker Hydrocarbon Research Institute at the University of Southern California. Dr. Atti also holds an MBA from New York University and a bachelor’s degree in Biochemistry from Ithaca College.
May 20, 2021
Topic: Regional Economy & Economic Development Overview
Speaker: Michael Haley, Executive Director of Wake Co. Economic Development; SVP of Raleigh Chamber of Commerce
Join our speaker, Michael Haley, as he provides a brief overview of Wake County Economic Development, their Pillars of Focus, stats, and an overview of the regional economy. This will be followed by a robust discussion and Q&A session.
Michael Haley is the Executive Director for Wake County Economic Development and the Senior Vice President of the Greater Raleigh Chamber of Commerce. Wake County Economic Development – a public private partnership between Wake County, the City of Raleigh, and the private sector – is the lead economic development agency for Wake County. Michael leads WCED’s business recruitment, retention and expansion; marketing and public relations; talent recruitment and retention; and support of entrepreneurship.
Prior to his current role, Michael served as the Director of Business Recruitment and Expansion for WCED. Prior to joining WCED, Michael served as a Public Policy Analyst and then the Public Policy Director for the North Carolina Department of Commerce.
Michael was named one of the Top 50 Economic Developers in North America in 2019 by Consultant Connect. Consultant Connect, is a consulting agency designed to bridge the gap between economic developers and site consultants.
Michael was also named the North Carolina Economic Developer of the Year for 2019 by the NC Economic Development Association. Each year, the award goes to an Economic Development professional in North Carolina based on the following criteria: NCEDA member who made significant and measurable contributions to economic development.
April 22, 2021
Topic: Sales Is Not A Four-Letter Word
Speaker: Larry Long Jr., Founder and CEO of Larry Long Jr. LLC
Sales can sometimes have a negative stigma. This presentation will break-down any negative connotations you have around 'Sales', as we dig in on the fundamentals from a unique, people-centric perspective and learn about areas for improving selling skills and increasing Sales. Plan to walk away with action items to implement, and accelerate your business... RIGHT NOW!
You will also have the opportunity to ask specific questions to a sales acceleration expert, around any sales-related challenges being faced by your organization.
Larry Long Jr. is the Founder and CEO of Larry Long Jr. LLC, which focuses on sales motivation, inspiration, training & coaching, and the host of the ‘Midweek Midday Motivational Minute’. He is also Co-Founder and Lead Instructor of The Sales Allies, an online sales training course and supportive community designed to uplift the sales community.
Larry is extremely passionate about coaching, and helping professionals take their game to the 'next level'. As an experienced sales leader with a demonstrated history of success in SaaS sales, Larry brings a unique perspective to the table and understands many of the challenges faced by sales professionals.
His areas of experience include Sales Training, Team Development, Leadership, & Motivation within organizations of all stages (start-up to publicly traded). Practicing what he preaches, Larry continuously seeks opportunities to learn & grow. Larry looks forward to assisting your organization.
March 18, 2021
Topic: AI Automation & The Future of Work
Speaker: Mark Parzygnat - IBM Program Director, AI Automation
Automation adoption has been key for many businesses for generations. Now we are at an inflection point thanks to technology which includes artificial intelligence (AI), Machine Learning, Cloud Computing, IoT and Blockchain. This enables us to remove our mundane work and become super human workers as we work together with technology. The impact is at work, bringing together IT and Business along with at home in day-to-day tasks. Mark Parzygnat will provide examples, where we are going and how automation 2.0 will change our lives for the better.
Mark Parzygnat is a recognized leader and evangelist in emerging and open source technologies. He has been with IBM for 23 years with a background in development, product offering, strategy and especially over the last 10 years, emerging technologies. Mark has filed many US Patents in emerging technologies. Mark is most recognized as one of the founders for Enterprise Blockchain technology and his work with the Linux Foundation, and the industry leading technology in Hyperledger Fabric. Today, Mark is leveraging his experience, leading AI Automation. If you’d like to follow him on social media, his Twitter account is: @MeetMarkP
February 18, 2021
Topic: COVID 19: Vaccines & Employer Responsibility / Liability
Speaker: Carrie Cherveny, Senior Vice President, Strategic Client Solutions and Chief Compliance Officer, Employee Benefits Southeast, HUB International Southeast
As the COVID-19 vaccine becomes widely available, employers will need to assess and/or develop a vaccination policy and plan. As an employer, it’s important to have a thorough understanding of what a vaccine program means regarding employment law, compliance, employee well-being and education. In this program we will review the various employment laws and practical considerations regarding building and implementing a vaccination program.
Carrie Cherveny is the Senior Vice President of Strategic Client Solutions in HUB’s Risk Services Division. Carrie has 20 years of combined experience in employee relations, human resources, employment law litigation, and employee benefits legal guidance. Carrie works closely with clients to identify compliance risks across the organization and develop responsive strategies and solutions that ensure compliance and further the overall organization goals. Carrie partners with HUB clients in various industries such as hospitality/restaurant, medical/hospitals, manufacturing, and white-collar businesses to identify various organizational risks and develop responsive strategic solutions.
Previously, Carrie B. Cherveny, Esq. served as the Chief Compliance Officer for the Southeast Region of HUB International, supporting the organization’s Employee Benefits Division. In this role, Carrie was responsible for providing compliance and consulting services regarding general health plans, ACA, ERISA, and other legal matters involving employee benefit programs.
Most recently, Carrie was General Counsel and Vice President for a national PEO designing and developing client compliance strategies and solutions
While working previously as a Partner in a West Palm Beach Employment Law firm, Carrie focused her practice in the area of employment litigation and employee relations in both state and federal courts. She has represented private sector employers in litigation under Title VII, the ADA, the ADEA, the FLSA, the FMLA, the Florida Civil Rights Act, and the Florida Whistleblowers’ Acts.
Winter 2021 Online Social
CANCELLED DUE TO COVID
December 10, 2020
Topic: What’s the Latest on PPP Loan Forgiveness?
Speaker: Liz Broadway, CPA, HPG Partner
Please join us for our final meeting of 2020! Our speaker, Liz Broadway, CPA and partner at Hughes Pittman & Gupton, LLP will be presenting on the Paycheck Protection Program (PPP), providing an update on the current issues and guidance regarding PPP loan forgiveness.
Liz Broadway has 25 years of experience in public accounting. She joined Hughes Pittman & Gupton, LLP in November 2006 and became a partner in 2013.
Liz is a partner in the Hughes Pittman & Gupton, LLP’s tax practice and is a leader in the firm’s technology segment as well as leading the firm’s hospitality segment. She works with clients in a variety of industries including, software and other technology services, manufacturing and distribution including e-commerce, hospitality, professional services, and other companies with a focus on sustainability. Her experience in these industries includes business consulting, tax planning and financial advisory services, transactional analysis, and corporate, partnership, and individual income tax compliance, including multistate taxation.
November 19, 2020
Topic: The Pandemic, the Economy, and the Future
Speaker: Dr. Michael Walden, Economics Professor, North Carolina State University (NCSU)
Please join us for another economic presentation, this time with Dr. Michael Walden. This presentation will show the economic effects of the pandemic - especially in North Carolina, - the forecasts for the economy after a vaccine, and the long-run impacts on globalization, jobs, education medicine, working, and real estate.
Dr. Michael L. Walden is a William Neal Reynolds Distinguished Professor and Extension Economist at North Carolina State University and a member of the Graduate Economics faculty with The Poole College of Management. His Ph.D. degree is from Cornell University and he has been at N.C. State since 1978. He has also been a Visiting Professor at Duke University. He also serves as a member of the North Carolina Chamber of Commerce Foundation’s Board of Economic Advisors.
Dr. Walden has teaching, research, and extension responsibilities at NCSU in the areas of consumer economics, economic outlook, and public policy. He has published eight books and over 250 articles and reports, including the book North Carolina in the Connected Age, published by the UNC Press. He has served on several local and state level commissions. With his wife, he is the co-author of three “economic thrillers”, Macro Mayhem, Micro Mischief, and Fiscal Fiasco, designed to teach economics in an entertaining way.
Dr. Walden can be frequently seen, heard, and read in the media. He has daily radio programs aired on stations around North Carolina for which he has won two national awards. He is often interviewed on local TV and radio news broadcasts, has appeared on NBC, CBS, The Fox Report, and the Newshour With Jim Lehrer, and is frequently quoted in such newspapers as USA Today, The News and Observer, The Charlotte Observer, The Boston Globe, The Wall Street Journal, and The Washington Post. His biweekly column, You Decide, is carried by over forty newspapers in the state. He has made over 2500 personal presentations.
Dr. Walden directs the semiannual economic forecast, The North Carolina Economic Outlook. He has won numerous academic and public awards, including two Champion-Tuck Awards for Excellence in Broadcasting, the UNC Board of Governor’s Award for Excellence in Public Service in 2010, the Order of the Long Leaf Pine in 2013, and the Holladay Medal for Excellence from North Carolina State University in 2014. His newest books are Real Solutions: Commonsense Ideas for Solving Our Most Pressing Problems and Disunion: A Political Thriller.
October 15, 2020
Topic: Regional Economic Development Update
Speaker: Michael Haley, Executive Director for Wake County Economic Development and the Senior Vice President of the Greater Raleigh Chamber of Commerce
Michael Haley will give an update on current state of the regional economy through an economic development lens. At this online meeting, you will learn more about current economic development efforts, market demand, the impact from the pandemic, and more.
Michael Haley is the Executive Director for Wake County Economic Development and the Senior Vice President of the Greater Raleigh Chamber of Commerce. Wake County Economic Development – a public private partnership between Wake County, the City of Raleigh, and the private sector – is the lead economic development agency for Wake County. Michael leads WCED’s business recruitment, retention and expansion; marketing and public relations; talent recruitment and retention; and support of entrepreneurship.
Prior to his current role, Michael served as the Director of Business Recruitment and Expansion for WCED. Prior to joining WCED, Michael served as a Public Policy Analyst and then the Public Policy Director for the North Carolina Department of Commerce.
Michael was named one of the Top 50 Economic Developers in North America in 2019 by Consultant Connect. Consultant Connect, is a consulting agency designed to bridge the gap between economic developers and site consultants.
Michael was also named the North Carolina Economic Developer of the Year for 2019 by the NC Economic Development Association. Each year, the award goes to an Economic Development professional in North Carolina based on the following criteria: NCEDA member who made significant and measurable contributions to economic development.
September 17, 2020
Topic: Managing Healthcare Expenses in a Post-COVID World
Speaker: Shelley McLean, Principal, OneDigital
With benefit costs as your second largest people-budget line item, it’s imperative to understand how the pandemic has and will continue to impact your health plan performance and claims cost. In this session, Shelley McLean, Principal for OneDigital, will share important considerations for your business to mitigate risk and manage health care expenses in the coming months. Shelley will also share best practices and innovative cost control measures she is implementing with clients to achieve bottom-line savings.
Shelley McLean has more than 20 years of experience working with businesses across North and South Carolina to optimize benefits spend. She has deep expertise in the areas of claims management, health plan funding, and risk mitigation and is actively involved developing complex strategies to help clients bend their long-term healthcare cost trend.
August 20, 2020
Topic: Open Roundtable Discussion for RTP CFO Members Only
This month’s meeting is a very special one. It will be a members only open roundtable discussion where attendees will lead the discussion. As CFOs, we have been facing an unprecedented amount of interesting scenarios since 2020 began. What do you see as our next biggest challenge to come? Thinking beyond Covid, the elections, the vaccine, and getting past the 2020 bust, we now need to look ahead to a post 2020 recovery. Is there a way to do business better, similar to the challenges brought about by the internet in the early 2000s. How has the work environment changed? Will it continue to change and in what other ways? Has disaster recovery affected you or your business? How will business continuity be affected? Will we have inflation to deal with? What other challenges can we foresee?
Summer 2021 Online Social
CANCELLED DUE TO LOW ATTENDANCE NUMBERS
June 18, 2020
Topic: Integrating Compensation and Ownership Strategies
Speaker: Matthew Keene, Managing Director, Executive Compensation Consulting practice, Chartwell
Companies are often thoughtful about their compensation strategy and their ownership strategy, but less so when it comes to integrating these two pillars of strategic planning. We will discuss this integration process, the underlying elements of cash and equity compensation and related Covid-19 impacts.
About the Speaker:
Matt Keene leads Chartwell’s Executive Compensation Consulting practice. He works with privately held companies to obtain relevant pay data and achieve key goals for compensation programs, with a special focus on ESOP companies and equity-based incentives. His passion is helping privately held companies implement successful ownership transition strategies while aligning shareholders, executives and employees in the achievement of mutually beneficial outcomes. Over the past 25 years, he has worked with companies on all aspects of qualified and non-qualified plan origination, operation, and termination.
Matt currently serves on the Board of Directors of the NCEO (National Center for Employee Ownership) and has previously held other leadership positions within The ESOP Association and the NCEO. Matt also participates in the National Association of Stock Plan Professionals and the American Council of Engineering Companies (ACEC).
Matt is a frequent speaker and writer at the national level on topics relating to executive compensation, ownership transition alternatives and qualified and non-qualified plan operational issues.
Prior to joining Chartwell, Matt spent 10 years with a leading ESOP administration and consulting firm. Prior to that, he spent 12 years with a Big Four accounting firm where he worked in the National Tax Department advising field employees on rulings and developments affecting employers’ compensation and benefits programs.
Matt received a Bachelor of Science degree in business administration and a Master of Accounting from the University of North Carolina at Chapel Hill.
May 21, 2020
Topic: Managing Your Employees in a COVID-19 Environment
Speaker: Carrie Cherveny, Senior Vice President, Strategic Client Solutions and Chief Compliance Officer, Employee Benefits Southeast, HUB International Southeast
Covid’s keeping us home but we are still meeting… Online. Join us for our first monthly meeting via Webinar hosted by HUB.
As many of the Southern states begin to reopen their local communities, the questions about how to do so safely is top of mind for our clients and prospects. Returning to work in the midst of the COVID-19 crisis presents employers with unprecedented workplace and employee relations challenges. HUB International has put together a number of critical components that employers need to compose their return to work strategy, and we will be hosting on the topic of returning to work.
Join our HUB Risk Services expert who will review the return work considerations and challenges regarding the Health and Safety of Employees – Recently the EEOC has issued expanded guidance regarding an employer’s ability to pre-screen employees and candidates for COVID-19 – we will review the new rules along with other employee relations concerns including harassment and discrimination in the workplace.
Carrie Cherveny is the Senior Vice President of Strategic Client Solutions in HUB’s Risk Services Division. Carrie has 20 years of combined experience in employee relations working on the management side providing human resources, employment law, and employee benefits legal guidance. Carrie works closely with clients to identify compliance risks across the organization and develop responsive strategies and solutions that ensure compliance and further the overall organization goals. Part of Carrie’s focus is risk mitigation when it comes to various insurances such as health and welfare programs and employment practices liability. Carrie partners with the HUB clients in various industries such as hospitality/restaurant, medical/hospitals, manufacturing, and white-collar businesses to identify various organizational risks and develop responsive strategic solutions.
Carrie B. Cherveny, Esq. also serves as the Chief Compliance Officer for the Southeast Region of HUB International, supporting the organization’s Employee Benefits Division. In this role, Carrie was responsible for providing compliance and consulting services regarding general health plans, ACA, ERISA, and other legal matters involving employee benefit programs.
Most recently, Carrie was General Counsel and Vice President for a national PEO designing and developing client compliance strategies and solutions. Carrie oversaw both the legal and human resources teams working closely with clients addressing employee relations issues and resolving client concerns.
While working previously as a Partner in a West Palm Beach Employment Law firm, Carrie focused her practice in the area of employment litigation and employee relations in both state and federal courts. She has represented private sector employers in litigation under Title VII, the ADA, the ADEA, the FLSA, the FMLA, the Florida Civil Rights Act, and the Florida Whistleblowers’ Acts. Carrie has extensive experience counseling employers in EPLI claim prevention, employee discipline and termination, and employment discrimination and harassment.
April 16, 2020
MEETING CANCELLED AND POSTPONED UNTIL LATER DATE DUE TO COVID-19 VIRUS.
March 19, 2020
MEETING CANCELLED AND POSTPONED UNTIL LATER DATE DUE TO COVID-19 VIRUS.
February 20, 2020
Topic: Strategic Legislative and IRS Tax Update: Updates and Opportunities
Speaker: Rick Lazio, Former U.S. Congressman; alliantgroup Senior Vice President
Will tax reform hold? Join us as Rick Lazio of the alliantgroup presents a review and outlook of what to expect from approaching elections; and, how businesses should best plan to benefit from the tax laws in an uncertain world.
Rick Lazio is a former U.S. Representative from New York serving in Congress from 1993-2001. While there, he became a strong advocate for small businesses by sponsoring the successful Small Business Tax Fairness Act. After Congress, Rick moved to the private sector working for JP Morgan Chase as a Managing Director and then Executive Vice President. Rick is committed to his continued interest and support of small to mid-sized businesses by brokering his insight and experience in the public and private sectors to provide strong incentives for job growth. This interest has extended into his civic and philanthropic work in New York with the Committee for Economic Development and the Association for a Better New York.
Winter 2020 Social
Date: Thursday, January 23, 2020
Time: 6:00 - 8:00 p.m.
Location: Kings Bowl - North Hills, 141 Park at N. Hills, Suite 120, Raleigh, NC 27609
Please join us for a night of bowling and socializing with your fellow CFOs in the Triangle area. It’s a great opportunity to reestablish old relationships and make new ones. The RTP CFO Forum is hosting the Winter Social Event at Kings Bowl – North Hills. The event is sponsored by HUB International Raleigh.
Wine, beer, and a social buffet-style meal will be provided by Kings Bowl – North Hills.
Kings Dining & Entertainment is an award-winning gathering place for people to connect, play, eat, drink, and laugh together. With locations across the country, each is designed with unique offerings of community-inspired social experiences such as luxury bowling, live music, larger-than-life sports viewing, nostalgic retro video gaming, and over-the-top food and drinks.
December 12, 2019
Topic: International Tax Pitfalls After Tax Reform – What to Keep Your Eyes On
Speaker: Goran Vukicevic, Manager - Outbound Tax Services, Hughes Pittman & Gupton, LLP
The 2017 Tax Cuts and Jobs Act (TCJA) brought about significant changes to the U.S. tax system, many of which were related to the treatment of international operations. Now that companies have seen one full year of the new rules implemented, some pitfalls have surfaced, causing companies to reevaluate their international operations. This session will provide a brief overview of laws put in place by TCJA and touch upon the issues that you should consider when assessing your activities abroad.
Goran Vukicevic is a tax manager in Hughes Pittman & Gupton’s corporate tax and international practices and co-leads the global expansion tax services team. He has experience working with both public and non-public companies, with his primary focus in the corporate tax practice. He has worked with clients in a variety of industries including biomedical, pharmaceutical and, software and technology development, as well as manufacturing and distribution. Goran's experience in these industries includes corporate tax compliance, accounting for income taxes pursuant to ASC 740, and foreign reporting requirements for multinational companies.
November 21, 2019
Topic: Regional Economic Development Update
Speaker: Michael Haley, Executive Director of Wake Co. Economic Development; SVP of Raleigh Chamber of Commerce
Why do companies choose to start, grow, scale, expand, or relocate to Greater Raleigh and the Research Triangle? What are the key attributes in our community that factor into these decisions? Haley will provide a review of the unique assets and resources of the Research Triangle that support growth of companies and top tier talent.
Michael Haley, Executive Director, Wake County Economic Development
Michael Haley is the Executive Director for Wake County Economic Development and the Senior Vice President of the Raleigh Chamber of Commerce. Wake County Economic Development (WCED), a public private partnership between Wake County, the City of Raleigh, and the private sector, and is the lead economic development agency for Wake County. Michael oversees WCED's business recruitment, retention, and expansion strategy; marketing and public relations campaign; talent recruitment and retention efforts; and support of entrepreneurship programs.
Prior to his current role, Michael served as the Director of Business Recruitment and Expansion for WCED. Prior to joining WCED, Michael served as a Public Policy Analyst and then the Public Policy Director for the North Carolina Department of Commerce.
Michael was named one of the Top 50 Economic Developers in North America in 2019 by Consultant Connect. Michael was also named the North Carolina Economic Developer of the Year for 2019 by the North Carolina Economic Development Association.
October 17, 2019
Topic: Entrepreneurship – Stories from Behind the Curtain
Speaker: F. Scott Moody, CEO of K4Connect
We all read the press related to being an entrepreneur - all the successes, the hero CEO’s, the huge valuations, and the incredible wealth. Scott Moody, CEO of K4Connect, will share the realities of being an entrepreneur, the ups and the downs, and, in the end, what’s important.
F. Scott Moody is the co-founder, CEO and Chief Member Advocate of K4Connect (Raleigh, NC), a mission-centered company that creates solutions that serve and empower older adults and those living with disabilities. The Company enhances its clients’ lives through an integrated connected-life software platform that brings together the best in-home automation products, health and wellness technologies, and communication and social functionality. K4Connect’s products enable simpler, smarter living environments and healthier lives, while fostering family and community engagement both digitally and physically. The Company has now raised over $25M from firms such as Intel Capital, AXA, and Sierra Ventures.
Previously, Scott was the co-founder and CEO of AuthenTec (Melbourne, FL) prior to its acquisition by Apple in 2012 (the only acquisition of a public company by Apple). AuthenTec’s fingerprint sensor technology is now the foundation of Apple’s Touch ID. As the CEO of AuthenTec, Scott raised over $70 million in venture capital (including Sierra Ventures, The Carlyle Group, Texas Instruments and others) and led the company’s successful IPO. The Company had over 230 patents upon its acquisition.
Scott began his career at Harris Semiconductor (now Intersil) in 1980, where he eventually became Division VP of a $200M division before co-founding AuthenTec in 1998.
In addition to his activities with K4Connect, Scott is the Founder of First Talent Ventures, which invests in early stage startups and funds in underserved markets. He is also a venture advisor to Cofounders Capital and Stonehenge Growth Equity, an advisor to the National Science Foundation’s ASSIST program centered at NCSU and a member of the Advisory Board of NCSU’s ISE Department. He most recently served as a board member of Hope International (Microfinance) and an Entrepreneur in Residence with the Blackstone Entrepreneur Network, as well as a member of Shaw University’s President Council.
Scott received a BSIE from North Carolina State University and an executive MBA from the University of Florida.
Scott lives in Raleigh, NC with his wife, Katherine, and they have three adult daughters.
September 19, 2019
Topic: Triangle Community Foundation and the Nonprofit Ecosystem
Speakers: Robert Naylor, CFO, and Robin Barefoot, General Counsel, of Triangle Community Foundation
Nonprofits provide essential services in our region and Triangle Community Foundation works within the ecosystem of nonprofits to increase the impact of their work and our own. Through our distinct, impact-focused grantmaking and collaboration, the Foundation builds the capacity and overall effectiveness of nonprofits in areas such as governance, financial management, fundraising, endowments, and reporting. This presentation will review key issues related to the fiduciary oversight of a nonprofit by its Board of Directors and explain how the funding and other resources offered by Triangle Community Foundation benefit nonprofits and our community.
Robin Barefoot, General Counsel
As a member of the development team, Robin guides individuals and families in the thoughtful design of charitable funds that have personal significance to them. Robin facilitates gifts of complex assets, such as privately held businesses and real estate and works with legal, tax and financial professionals when their clients choose to partner with the Foundation. Additionally, Robin leads the policy and governance work of the Foundation, addressing legal and regulatory issues related to charitable gifts and funds, grantmaking, and the tax-exempt status of the Foundation or its supporting organizations.
Robert Naylor, CFO and Director of Administration
As Chief Financial Officer and Director of Administration, Robert Naylor is responsible for the investing, budgeting, auditing, and reporting functions of the Foundation. Robert brings with him over 20 years of experience in national and international financial, accounting, and administrative operations in the United States, Canada, and Western Europe. He previously held the position of Chief Financial Officer at Cherokee Investment Partners for over ten years, and served as CFO at Illumelex and Dataflow, as well as Controller at Cherokee Sanford Group. He has worked as a Senior Auditor at Deloitte and Touche as well as McGladrey & Pullen.
August 15, 2019
Topic: Practical Approach to Transfer Pricing
Speaker: Michael Arena, Director - Transfer Pricing, Hughes Pittman & Gupton, LLP
The rise of transfer pricing controversy and its increasing complexity presents a challenge to companies operating across multiple countries or states. Much focus has been put on meeting compliance requirements, but companies should also be thinking about practical approaches that keep compliance costs in check, while also taking advantage of potential opportunities to reduce direct and indirect taxes.
Michael Arena leads Hughes Pittman & Gupton, LLP’s transfer pricing practice. Michael has been helping companies deal with transfer pricing issues for over a decade. He advises companies on matters related to determining, evaluating, and documenting intercompany pricing arrangements for tangible and intangible property, services, and financial transactions. His experiences include transfer pricing policy design for multistate and multinational purposes, global documentation studies, profit sharing and royalty analyses, mergers and acquisitions due diligence, and audit defense in the U.S. and abroad.
Michael has worked with clients in a variety of industries including biomedical and pharmaceutical, software and technology, manufacturing and distribution, retail, specialty chemicals, automotive, railroad, and private equity funds.
Before joining HPG, Michael worked at PwC. He received his undergraduate degree in finance at Georgetown University, and his J.D. from Washington University School of Law in St. Louis. He is a member of the North Carolina State Bar.
July 2019 Social
Date: Wednesday, July 17, 2019
Time: 5:00 - 8:00 p.m.
Location: Level7 Rooftop Bar, AC Hotel, 101 Park at North Hills St., 7th Floor, Raleigh NC
Please join us for an opportunity to socialize with your fellow CFOs in the Triangle area. It’s a great opportunity to reestablish old relationships and make new ones. The RTP CFO Forum is hosting July’s Social Event at Level7 Rooftop Bar. The event is sponsored by Insperity.
Located at the AC Hotel Raleigh North Hills, Level7 is Raleigh’s distinctive, energized space for tapas style bites and samplings from small batch distillers, rock star brewers and single vineyard labels. With a flavor all its own, Level7 is a European inspired experience with North Carolina spirit and Raleigh soul overlooking the North Hills neighborhood.
There will also be giveaways with fantastic prizes for attendees.
June 20, 2019
Topic: Insider Threats
Speaker: Marc Duncan, Chief Operating Officer of Salus
The presentation, “Insider Threats”, is an engaging discussion about the definition, mitigation, detection, and deterrence against violent or malicious activities inside your organization.
This discussion will focus on who they are and how to reduce your risk.
• Discover or reinforce what your role might be
• Clarify roles and responsibilities
• Identify real strengths and weaknesses
• Improve coordination
• Identify resource issues
• Assess capabilities
Mr. Marc Duncan has more than 30 years of homeland security/emergency management experience in both the public and private sectors, including various operational mission sets, and prevention, protection, preparedness, response, recovery and mitigation for numerous planned and unplanned events. As the Chief Operating Officer of Salus, he leads Teams of the some of the World’s top Insider Threat experts from the CIA, Israeli Indigence Corps, ATF, TSA, Homeland Security, Federal Air Marshals, Coast Guard, Delta, universities, local police, and psychological behaviorists. Marc led his Teams in the conduct of assessments, operations planning and training for more than 70 of the Nation’s largest and most noted organizations to include the City of New York and the surrounding 30 counties, Los Angeles World Airports, City of Raleigh, and RDU to name a few.
He is a certified instructor of U.S. Department of Homeland Security (DHS) courses. Areas of expertise includes: Threat, Hazard, Risk, and Vulnerability Assessment; Exercise and Exercise Program Design, Development, Conduct and Evaluation; Emergency Operations Center (EOC) Management and Operations; Emergency Planning, Management, and Operations; Disaster Response; Disaster Recovery; Access and Functional Needs; Damage Assessment; Intergovernmental Liaison; Logistics; Airfield Assessments; EOC Communications; Training; and Firearms Instructor.
Also, at this meeting, we will be presenting to the past board chairs Petra Weishaupt-Smith, Brett Farabaugh, and Mike Poe, special commemorative plaques as a way of thanking them for their time serving the RTP CFO Forum. We would like to invite as many members as possible, particularly new members, to attend this event.
May 16, 2019
Topic: AI/Bots: Technologies Changing the Business Landscape
Speaker: Neale D’Rozario, President of D’Rozario Enterprises
In the next several years, the world will go from 50B connected devices to over 100T! As humans, we will not be able to consume that much data without AI and Bots. Our speaker will explain what that means for Finance and Operations departments.
Neale D’Rozario recently served as SVP and CIO for RTI International where he was responsible for the company’s overall information technology strategy and operations, and oversaw an Innovation Lab. Over his 30+ year career, Neale has held CIO positions in Financial Services, Manufacturing, Software Services, and more. Neale has been involved in many enterprise implementations and several M&A transactions over the years. A native of the UK, Neale serves many nonprofits, NCTech, SIM, and CORRAL Riding Academy. For more details on Neale refer to his LinkedIn profile at www.linkedin.com/in/nealedrozario.
April 18, 2019
Topic: Raising Capital: telling Your Story in a Competitive Environment
Speaker: Joe Sinsheimer, Former Managing Director of Wolfpack Investor Network
Joe Sinsheimer’s presentation will focus on how to raise angel and venture capital and the critical questions that outside investors ask management teams that are raising capital. Please join us!
Joe Sinsheimer just retired from a two-and-a-half-year stint as the Managing Director of the Wolfpack Investor Network. Sinsheimer has been involved in angel investing for 27 years. He has been a member of four different angel capital groups and also was the manager of his own venture fund, Sunflower Ventures I, which focused on the adtech/marketing industry. Sinsheimer also was the founder and President of The Sinsheimer Group, a political consulting and crisis communications company from 1992 - 2004. During that time, Sinsheimer worked on 135 campaigns across the country as well as for six Fortune 500 companies.
Sinsheimer also was a co-founder and CFO of Digital Education Systems, a Denver-based company focused on training software developers on open source technologies, and has served on the board of a half-dozen private companies.
March 21, 2019
Topic: Strategic Legislative & IRS Tax Update: Opportunities & Risks (CPE offered)
Speaker: Mark Everson, Former IRS Commisioner; Alliantgroup Vice Chairman
Will tax reform hold? Join us as Dean Zerbe of the alliantgroup presents a review and outlook of possible tax changes in this Congress as well as after the presidential elections. He will discuss how businesses should best plan to benefit from the tax laws in an uncertain world.
The Honorable Mark W. Everson is the Vice Chairman of alliantgroup. Everson served as the 46th Commissioner of Internal Revenue from 2003 until 2007. He has held a variety of federal government positions in the administrations of George W. Bush and Ronald Reagan, as well as at the state level in the administration of Indiana Governor Mitch Daniels. Everson also has extensive private sector experience having worked in both line and staff positions with businesses in the United States and abroad.
During Everson’s tenure the IRS maintained high service levels to taxpayers while significantly strengthening its enforcement activities. Areas of particular focus included combating abusive tax shelters and the development of more productive enforcement relationships with counterpart tax authorities in other countries. Prior to his nomination to the IRS post by President Bush in 2003, Everson served in senior positions at the Office of Management and Budget.
In the Reagan administration, Everson held posts at the U.S. Information Agency (parent organization of the Voice of America) and at the U.S. Department of Justice. While at Justice, Everson’s positions included that of Deputy Commissioner at the Immigration and Naturalization Service, where he oversaw implementation of the Immigration Reform and Control Act of 1986 – the nation’s last comprehensive immigration reform legislation. In Indiana Everson served in the Cabinet of Governor Mitch Daniels from 2009-2012, where starting in 2010 he oversaw the state’s unemployment system and federal training programs.
Everson’s private sector experience includes finance positions at the world’s largest airline catering company (SkyChefs) and finance and operating positions at Pechiney, then the largest European aluminum company and the world’s largest packaging business. He began his career as an auditor at Arthur Andersen & Co. in New York. In the not-for-profit sector, Everson served as President and Chief Executive Officer of the American Red Cross in 2007.
February 21, 2019
Topic: The Baker's Dozen of Key Employment Laws
Speaker: Laura Noble, Managing Partner of The Noble Law Firm
Laura Noble, Managing Partner for The Noble Law Firm, will be presenting “The Baker’s Dozen”, an executive briefing of 13 employment law areas that are critical for minimizing litigation risk. In addition to a lawyer’s perspective, Ms. Noble will also offer the business perspective that will show the value of employment law compliance. The presentation will help business leaders and HR professionals focus on the key areas that typically get employers in trouble and offer helpful top-line strategies for avoidance.
With over 20 years of diverse legal experience including civil litigation, negotiation, counseling, and consulting, Laura’s passion is to offer clients personal and powerful representation on employment law issues. The Noble Law Firm provides clarity at work through forward-thinking, trusted employment law counsel. The firm works with individuals experiencing problems in their employment relationship and companies wishing to minimize litigation risk. She founded Noble Law on the principle that an agile, efficient, and transparent specialized firm could outpace “big law” competitors.
Laura developed this conviction from her own legal background and experiences. After graduating from the University of Maryland, she moved to New York City and worked as a prosecutor in one of the largest and most challenging District Attorney’s offices in the county. Laura then worked with a sizable civil litigation firm in Manhattan before moving to a nonprofit in a general counsel and advocacy role.
Although all of these experiences were valuable and informed her work, her true dream was to start her own firm. Laura began The Noble Law Firm in 2009 with the goal of providing exceptional employment law representation to individuals and companies. Her clients know that she genuinely cares about them and will work diligently to achieve the best possible outcomes on their behalf. Laura is a seasoned litigator and enjoys the excitement of this work as well as the satisfaction that comes from providing exceptional representation to her clients.
January 2019 Social
Date: Wednesday, January 16, 2019
Time: 5:00 - 8:00 p.m.
Location: Carolina Exotic Car Club, 3107 Glen Royal Rd., Raleigh, NC
Please join us for an opportunity to socialize with your fellow CFOs in the Triangle area. It’s a great opportunity to reestablish old relationships and make new ones. The RTP CFO Forum is hosting January’s Social Event at Carolina Exotic Car Club. The event is sponsored by HUB International Raleigh and Davis Moore.
Wine, beer, and a social buffet-style meal will be provided by Carolina Exotic Car Club.
The Carolina Exotic Car Club is a custom built, truly unique facility which combines all aspects of service and amenities for exotic and collector car owners. CECC is a private, membership only club and storage facility which combines an active social club with secure climate controlled storage, on-site maintenance and repair, detail, private event venue rentals, catering, enclosed transport and much more.
December 13, 2018
Topic: CFO Leadership in 2019: Communication, Flexibility, and Opportunities
Speaker: Charlotte Purvis, Communications Consultant & Professional Speaker
As we close out the year, you are invited to look at your leadership during 2018 and consider new approaches for 2019. We'll explore three areas for starters: Communication, Flexibility, and Opportunities.
Communication continues to be among the top skills for business and personal success. How well do you and your team communicate and what will you do differently next year? You've heard about the importance of flexibility in leadership; now there's research about knowing which leadership style to use and when to use it (and that requires flexibility). Are there "hidden" opportunities with your team? How about making a list of 3-5 and addressing them during the rest of December? This presentation will help you take a closer look at your 2018 successes and opportunities, plus get prepared for a great year of leadership in 2019.
Charlotte Purvis is a communication consultant and speaker with extensive experience inside church, corporate, and campus organizations. Clients invite her to partner with them on their communication challenges, presentation skills, customer service strategy, and team development programs. She has supported clients with responsibilities for business functions including:
Through her consulting and coaching programs, Charlotte typically influences over 1 million customer interactions each year. One company invited her to help develop the overall standards for customer service on the telephone, plus provide coaching for all representatives and new managers.
It is an honor to Charlotte that nearly 100% of her business contracts have come through her clients’ repeat business and their recommendations to colleagues, family members, and friends. She is honored as well when clients move to new organizations and recommend her as a consultant for the new team.
Charlotte is passionate about contributing to the success of college students and helping them prepare for their careers. When she taught in the School of Business at North Carolina Central University, the overall student rating of her instruction was 4.85 / 5.00. In Spring 2015, the rating was 5.00 / 5.00.
Charlotte is a proud graduate of the University of Wisconsin-Madison (B.S., M.S.). Early in her career, she was awarded a Professional Fellowship by the Bush Institute at The University of North Carolina at Chapel Hill.
Charlotte lives in the Research Triangle area of North Carolina. She still enjoys going home to her beloved Tuscaloosa, Alabama, where her speaking career started.
November 15, 2018
Topic: Taking the Pulse of the Economy
Speaker: Dr. Michael Walden, Economics Professor, North Carolina State University (NCSU)
Location: BioMedomics, Inc. • 6 Davis Drive • Durham
The current status and outlook for the national and North Carolina economies will be presented. Trends in aggregate economic production, employment, price changes, interest rates, as well as other economic indicators will be discussed. Particular attention will be given to the Federal Reserve’s policy as well as the ongoing trade disputes. The emerging impact of technology on the labor market will be given particular focus. In North Carolina, comparative trends to the U.S. will be highlighted, as well as changes in the state’s economic divide and employment distribution.
Dr. Michael L. Walden is a William Neal Reynolds Distinguished Professor and Extension Economist in the Department of Agricultural and Resource Economics at NCSU, and a member of the Graduate Economics faculty with The Poole College of Management. His Ph.D. degree is from Cornell University and he has been at NCSU since 1978. He is also a Visiting Professor at Duke University.
Dr. Walden has teaching, research, and extension responsibilities at NCSU in the areas of consumer economics, economic outlook, and public policy. He has published 12 books and over 300 articles and reports, including his newest book North Carolina Beyond the Connected Age: The Tar Heel State in 2050, published by the UNC Press. He has served on several local and state level commissions, including the Governor’s Welfare Reform Task Force, the School Capital Construction Legislative Study Commission, and the Blue Ribbon Committee for the Future of Wake County, and on the staffs of the State and Local Fiscal Modernization Study Commission and the UNC Tomorrow Commission.
Dr. Walden can be frequently seen, heard, and read in the media. He has daily radio programs aired on stations around North Carolina for which he has won two national awards. He is often interviewed on local TV and radio news broadcasts, and has appeared on NBC, CBS, The Fox Report, and PBS. His biweekly column, You Decide, is carried by over 40 newspapers in the state. He has made over 2800 personal presentations.
Dr. Walden directs the semiannual economic forecast, The North Carolina Economic Outlook. He has won numerous academic and public awards, including the Champion-Tuck Award for Excellence in Broadcasting, the UNC Board of Governor’s Award for Excellence in Public Service, the Order of the Long Leaf Pine, and the Holladay Medal for Excellence from NCSU. With his wife, he has coauthored three “economic thrillers.”
October 18, 2018
Topic: How Not To Turn Your World Upside Down With Inverting The Company
Speaker: Will Owens, Tax Partner of BDO USA, LLP
Location: BioMedomics, Inc. • 6 Davis Drive • Durham
Will Owens’ topic of discussion for this month’s meeting will focus on the various business and tax considerations of re-domiciling your organization offshore. This will include a brief overview of the tax rules, various shareholder considerations and other matters pertinent to ensuring such a restructuring is completed in a tax efficient manner.
Will Owens is a tax partner in BDO USA, LLP’s Core Tax Services practice. He has over 13 years of corporate and pass-through tax experience serving a variety of clients ranging from large publicly traded multi-nationals to closely held businesses and investment partnerships. Prior to joining BDO, Will was with Deloitte where he predominantly focused on taxation of large multi-national corporations and portfolio investments.
Will has served clients across a variety of industries including life sciences and technology, manufacturing, energy, consumer business and investment funds. He has managed and performed tax advisory services in the areas of accounting periods and methods, Subchapter C, accounting for income tax, tax controversy, due diligence, international tax transactions, mergers and acquisitions and flow-through taxation.
Will serves as a leader within the Atlantic Region Private Equity Group and is a member of the Firm’s Asset Management Team. He also serves as a member of the Firm’s Technology and Life Sciences Industry focus group and is an active leader in campus recruiting efforts.
September 20, 2018
Topic: The Baker’s Dozen of Key Employment Laws
Speaker: Laura Noble, Managing Partner of The Noble Law Firm
Location: NAI Carolantic Realty • 5121 Kingdom Way, Suite 200 • Raleigh
Laura Noble, Managing Partner for The Noble Law Firm, will be presenting “The Baker’s Dozen”, an executive briefing of thirteen employment law areas that are critical for minimizing litigation risk. In addition to a lawyer’s perspective, Ms. Noble will also offer the business perspective that will show the value of employment law compliance. The presentation will help business leaders and HR professional focus on the key areas that typically get employers in trouble and helpful top-line strategies for avoidance.
With over 20 years of diverse legal experience including civil litigation, negotiation, counseling and consulting, Laura’s passion is to offer clients personal and powerful representation on employment law issues. The Noble Law Firm provides clarity at work through forward-thinking, trusted employment law counsel. The firm works with individuals experiencing problems in their employment relationship and companies wishing to minimize litigation risk. She founded Noble Law on the principle that an agile, efficient, and transparent specialized firm could outpace “big law” competitors.
Laura developed this conviction from her own legal background and experiences. After graduating from the University of Maryland, she moved to New York City and worked as a prosecutor in one of the largest and most challenging District Attorney’s offices in the county. Laura then worked with a sizable civil litigation firm in Manhattan before moving to a nonprofit in a general counsel and advocacy role.
Although all of these experiences were valuable and informed her work, her true dream was to start her own firm. Laura began The Noble Law Firm in 2009 with the goal of providing exceptional employment law representation to individuals and companies. Her clients know that she genuinely cares about them and will work diligently to achieve the best possible outcomes on their behalf. Laura is a seasoned litigator and enjoys the excitement of this work as well as the satisfaction that comes from providing exceptional representation to her clients.
August 23, 2018
Topic: Blockchain & Digital Transformation
Speaker: Mike McTaggart, President of Global Digital
Location: Wyrick Robbins Yates & Ponton, LLP, 4101 Lake Boone Trail, Suite 300, Raleigh
Technology is advancing more rapidly than ever before. It’s been estimated that more data was created in 2017, a single year, than in 5,000 years of prior human history. We, as business owners and executives, know that this will impact our business - as an incredible opportunity, an enormous threat, or possibly both.
According to various surveys:
In this engaging and informative program, we will define “digital transformation” in a way that allows all businesses to develop, or refine, their digital strategy.
With an engineering mind, a passion for technology, and a commitment to integrity, Mike McTaggart has helped dozens of organizations - large and small - realize the potential that technology brings to business. In an age of Digital Transformation, his team of specialists at Global Digital work with clients to craft strategy, build consensus, and produce actionable data-driven plans in the midst of all the noise. The result is business growth, strategic differentiation, and teams that are more agile and effective. Global’s clients include prominent CROs, power utilities, manufacturers, and technology companies; the team has managed small-scale rapid prototyping as well as large-scale business transformations including deployments of IoT and IIoT platforms for global companies in healthcare and manufacturing.
While Mike is known for his enthusiasm and knowledge of technology, he is even better known as “the triplets’ dad” - and that’s just fine by him. When not working on a new venture, you’ll find him teaching his girls to be themselves, be smart, be tough, and to appreciate “classic” Saturday morning cartoons, like he had growing up.
July 2018 Social
Date: Thursday, July 26, 2018
Time: 5:00 - 8:00 p.m.
Location: Lynnwood Brewing Concern, 1053 E. Whitaker Mill Rd., Raleigh, NC 27604
Please join us for an opportunity to socialize with your fellow CFOs in the Triangle area. It’s a great opportunity to reestablish old relationships and make new ones. The RTP CFO Forum is hosting July’s Social Event at Lynnwood Brewing Concern. The event is sponsored by Insperity.
There will be raffles and giveaways, music, games (both on the television to watch and in person to play), food catered by Lynnwood Grill, beer, wine, and cider, all of which you can enjoy in this air-conditioned room. Also, while not officially a part of the event, we’ve been informed that the CockADoodleMoo food truck will be on location.
Sponsor: Insperity
Insperity, a trusted advisor to America’s best businesses since 1986, provides an array of human resources and business solutions designed to help improve business performance. Insperity Business Performance Advisors offer the most comprehensive suite of products and services available in the marketplace. Insperity delivers administrative relief, better benefits, reduced liabilities and a systematic way to improve productivity through its premier Workforce Optimization™ solution.
June 21, 2018
Topic: Revenue Recognition: Major Changes and Implementation Risks Associated with ASC 606 - Revenue for Contracts with Customers
Speaker: Cathy Patton, CPA, Audit Sr. Manager and heads the Revenue Recognition Team and Process Risk and Governance Practice
With the implementation deadline getting ever closer for private companies to adopt the new standards on Revenue Recognition, get an overview of the technical accounting and reporting requirements, and learn how companies are making preparations and readying themselves for potentially significant reporting and operational impacts.
Cathy Patton is an Audit Senior Manager at Hughes Pittman & Gupton, LLP, and heads the Firm’s Revenue Recognition consulting team and also leads the Firm’s Process Risk and Governance Practice. She has over 24 years of experience in public and private accounting. Cathy has worked with clients ranging from startup companies financed by private venture capital to public companies. She is also a member of HPG’s Technology practice, serving various software and Software as a Service (SaaS) clients. Cathy’s consulting experience is focused on revenue recognition, and includes working with many startups through venture-backed technology companies on their initial GAAP implementation for financial reporting to investors and lenders, or to prepare for due diligence.
May 17, 2018
Topic: How To Build A Successful Startup
Speaker: Michael Chasen, CEO of PrecisionHawk
Michael Chasen will visit the RTP CFO forum to share how he’s building a successful startup, PrecisionHawk, in the Triangle. Former founder and CEO of Blackboard Inc., Chasen knows what it takes to build a company from a small apartment operation to a $1B business. From engaging investors to scaling operations, he’s using his experience to grow PrecisionHawk from a post-revenue startup to a large enterprise.
In January 2016, Michael Chasen became CEO of PrecisionHawk. Michael was the co-founder and CEO of Blackboard, an education technology company that he started in 1997 with a small group of young entrepreneurs in Washington, DC. Under Michael’s leadership, Blackboard grew to over 3,000 employees with over 20 offices worldwide. Blackboard went public in 2004 with Michael serving as CEO for seven years.
In 2011, Blackboard sold to Providence Equity Partners for $1.7 billion. After Blackboard, Michael founded SocialRadar, a company focused on using satellite and street-level photos to geo-locate business storefronts. In 2016, SocialRadar sold to Verizon/MapQuest. Michael holds an undergraduate degree in computer science and an MBA from Georgetown University. Follow him on Twitter @michaelchasen.
April 19, 2018
Topic: Tax Reform: Tax Entity Post Tax Reform - New Considerations
Speaker: Adam Buchanan of Hughes Pittman & Gupton, LLP
In light of the recent tax reform, is it time to take another look at your entity type, from a tax perspective? Under the new rules, what is the analysis between partnership, C Corporation, S Corporation, etc.? We’ll discuss the pros, cons, and other considerations.
Adam Buchanan has over 17 years of experience in public accounting. He joined Hughes Pittman & Gupton, LLP in June of 2013. He was previously with Grant Thornton, LLP in Raleigh and prior to that, Arthur Andersen, LLP.
Adam is part of the Hughes Pittman & Gupton, LLP’s corporate tax practice. He has experience working with clients in a variety of industries including biomedical and pharmaceutical, software and technology development, manufacturing and distribution, retail and hospitality, and venture funds. His experience also includes working with owner-managed businesses in a variety of industries, from the start-up phase to eventual exit by the owner. Adam has focused a significant portion of his career on accounting for income taxes pursuant to ASC 740, including Accounting for Uncertain Tax Positions, SEC reporting, and internal controls of the tax function for SOX compliant companies.
March 15, 2018
Topic: 401(k) Plans: What CEOs & CFOs Need to Know...and Why
Speaker: Mark Zorko of Brentwood Advisory
During his career as a CFO, Mark Zorko became involved with cleaning up a number of 401(k) plans that were treated as a low priority in the business. 401(k) plan oversight tends to be number 11 on the top 10 priority list. The requirements can be complicated and it takes time away from running the business.
Many of the 401(k) providers had conflicts of interest, buried their fees in investment choices…and did not accept the fiduciary responsibility of acting in their client’s best interest.
He will discuss what CFOs should expect from their service providers and tools to stay on top of their plan’s financial, operational, and legal “vital signs.” Slides for the presentation can be found here: www.slideshare.net/secret/qRE7EZNnwK7BRk
Mark Zorko is on the Board and Chair of the Nominations/Governance Committee of Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH). He is also on the Board and Chair of the Audit Committee for Westell Technologies (NASDAQ: WSTL).
Mark recently launched a new business, Brentwood 401(k), LLC., www.brentwood401k.com, to provide middle market firms with 401(k) plan advisory services, from the perspective of a former CFO. Brentwood 401(k) is partnered with several firms which provide comprehensive ERISA Section 3(38) fiduciary responsibility to companies as well as a low-cost suite of passive or indexed-based investment selections.
Previously, he has been a public company CFO and CIO for manufacturing, service, health care and high-tech firms. His background includes over 20 years of Board experience. He has also been the interim CEO of Well Services Ltd.
He also serves on the Audit Committee for Opportunity International and was previously on the Board of St. Alexius Medical Center.
Mark is a CPA. He received his MBA in IT from the University of Minnesota and his B.S. in Accounting from The Ohio State University. He can be reached at 919-439-9550, [email protected], or at the website www.brentwood401k.com.
February 15, 2018
Topic: Healthcare Compliance: Is 2018 Off To A Good Start?
Speakers: Steve Byrd & Lindsey Surratt of Hill, Chesson & Woody
The past two years have been a legislative roller coaster for health and welfare plans. From a new presidential administration and ongoing uncertainty surrounding the Patient Protection and Affordable Care Act, to legal challenges of existing rules and increased enforcement of regulations, employer Plan Sponsors have been left wondering what might be around the next turn. This presentation will review the most important compliance developments for health and welfare plans year to date and beyond.
Steve Byrd is an Area Vice President, Health & Welfare Consulting for Hill, Chesson & Woody, a division of Gallagher Benefit Services, Inc. Steve takes a strategic approach to helping business employers design, initiate and manage customized benefit programs for their employees. He joined the company in 2001.
In his role, Steve leverages the firm’s resources and provides expert consultation in the area of benefit plan design and development for clients in the 25-250 employee market segment.
Steve received his Bachelor of Science degree with a double major in Business Management and Economics from NC State University.
Lindsey Surratt, JD, is the Compliance Director and leader of the Southeast Region’s Legislative Compliance team. As Compliance Director, Lindsey leads a team of compliance experts that provide support to the offices within the Southeast Region.
Lindsey utilizes her knowledge of healthcare reform, ERISA, COBRA, HIPAA, and the Internal Revenue Code to provide guidance to employer Plan Sponsors. With the support of her team, Lindsey educates clients and internal staff members on health and welfare plan regulatory compliance, delivers practical answers to day-to-day compliance questions, and helps develop new tools to promote compliance.
Previously, Lindsey practiced law with a boutique health care firm in Louisiana where she advised physicians and healthcare providers on compliance with physician self-referral and anti-kickback statutes, analyzed healthcare contractual relationships, and provided advice on mergers and acquisitions. Her work with employers in other areas of the healthcare industry provides her with a unique, well-rounded perspective on health and welfare plan compliance.
Lindsey is a graduate of the University of North Carolina at Chapel Hill and Loyola University New Orleans College of Law, cum laude. She is a licensed attorney in the States of North Carolina, Louisiana, and Mississippi. She is an active member of the Health Law section of the American Bar Association and a frequent speaker on employer-sponsored health and welfare plan compliance topics.
January 2018 Social
Date: Tuesday, January 23, 2018
Time: 5:00 - 8:00 p.m.
Location: Triangle Shooting Academy, 6501 Mt. Herman Rd., Raleigh, NC 27617
Please join us for an opportunity to socialize with your fellow CFOs in the Triangle area. It’s a great opportunity to reestablish old relationships and make new ones. The RTP CFO Forum is hosting January’s Social Event at Triangle Shooting Academy. The event is sponsored by Hill, Chesson & Woody; Davis Moore; and Hire Networks.
Wine, beer, and a social buffet-style meal will be provided by BB&Y Cafe and Catering.
Sponsor: Hill, Chesson & Woody
https://www.hcwbenefits.com/
Hill, Chesson & Woody, a division of Gallagher Benefit Services, Inc., is an insurance brokerage and risk management firm servicing clients in over 150 countries. HCW works with employers to create a sustainable benefits strategy that supports their organizational goals. HCW, your local roots now with a global reach.
Sponsor: Davis Moore
www.davismoorecapital.com
Davis Moore is the Triangle's premiere boutique corporate real estate advisory services firm. Its professionals have a long history of partnering with companies to develop strategies that align their business and real estate needs. As a result, Davis Moore operates as a trusted advisor and collaborator with each client. Their long term, relationship-driven approach ensures that each engagement is specific to the client's individual goals. Team experience includes work with many leading Triangle companies and institutions such as Duke University, Chiesi USA, Citrix Systems, Pendo, Pepsi Bottling Ventures, and many others. Davis Moore's mission is to earn authentic relationships and be held accountable by clients for creating value.
Sponsor: HireNetworks
http://www.hirenetworks.com/
HireNetworks offers nationwide recruiting, staffing, and executive search services. HireNetworks fills positions for skills ranging from technology and finance to sales and research. Celebrating 15 years of success this year, HireNetworks is set apart by their experienced, senior recruiting team and reputation in the industry. HireNetworks is ranked top 5 of “Best Places to Work” and was recently named Best Employers in North Carolina again for 2017. Clients use HireNetworks because of their vast network and collaborative approach to understanding their culture, company and staffing needs.
December 14, 2017
Topic: Equity Compensation Strategies, Part 2
Speaker: Lauren Joyce of Hughes Pittman & Gupton, LLP
Lauren Joyce of Hughes Pittman & Gupton, LLP will be presenting the follow-up session on equity compensation strategies. The presentation will cover valuation assumptions, most common pitfalls in administration and accounting, and taxation. We will also cover a general section on accounting for equity compensation and financial disclosures and an industry update.
Lauren E. Joyce, Partner/Director of Audit Services: Lauren has 14 years of experience in public accounting. She joined Hughes Pittman & Gupton, LLP in January 2006 and became a partner in 2016. She was previously with the regional firm, Feeley & Driscoll, LLC, working in the Boston office as an in-charge healthcare auditor.
Lauren manages the Firm’s Equity Solutions team which provides outsourced stock option administration, consulting, and reporting for both public and private companies. She is Director of Audit Services and works with a variety of clients in the knowledge-based and CleanTech industry as well as companies with government grants and contracts. Her experience in these industries includes attestation engagements, business consulting, transactional analysis, and preparation for and compliance under SOX.
November 16, 2017
Topic: Equity Compensation Strategy
Speakers: Mikal Shaikh and Jamie Hinkle of Smith Anderson LLP
Mikal Shaikh and Jamie Hinkle, partners at Smith Anderson LLP, will lead a discussion regarding effective strategies and common pitfalls in equity-based compensation. Their presentation will cover the various vehicles and structures for equity compensation, as well as standard terms, emerging compensation trends, and the potential tax implications of each.
Mikal Shaikh, Partner: Mikal practices in the areas of corporate law, securities law, and mergers and acquisitions. He regularly represents all sizes of companies, from start-up and growth companies through large public corporations, and has extensive experience helping companies implement effective equity compensation structures.
Jamie Hinkle: Jamie frequently advises corporate clients ranging from start-ups to global publicly-traded companies with respect to the adoption and administration of annual and long-term incentive and bonus plans, nonqualified deferred compensation arrangements, and various equity-based compensation plans, including stock option, restricted stock, and restricted stock unit (RSU) awards.
October 19, 2017
Topic: Economic Forecasts - "All Forecasts Are Wrong, Some Are Useful"
Speakers: Chuck Re Corr and Geoffrey Bell of the Re Corr Bell Group, a Merrill Lynch Global Wealth Management company
Every decision we make is based on some assumption about the future (a forecast) from as simple as taking an umbrella to work to the decision to raise capital. Given the importance of forecast accuracy to decision-making we all would benefit, professionally and personally, by having a clear understanding of the art and science (it is a science) of forecasting. In this talk we will cover:
Chuck Re Corr, CAP®, CIMA®, CIMC® is the Managing Director of the Re Corr Bell Group, a Merrill Lynch Global Wealth Management company.
Prior to joining Merrill Lynch in 1973, Chuck spent seven years in the U.S.Army. He is a senior member of the team and focuses on various aspects of client service. His long tenure and extensive experience with the firm aid him as he works with clients to develop customized wealth management strategies. He draws on his deep knowledge of investments to help clients pursue their financial goals by striking a balance between their risk tolerance and financial objectives. Chuck focuses on offering investment insight to corporate directors as well as individuals, families, business executives and entrepreneurs. He is the team's lead portfolio manager and dedicates the majority of his time to managing the team's portfolios on behalf of clients.
Chuck holds the Chartered Advisor in Philanthropy® (CAP®), the Certified Investment Management Analyst® (CIMA®) and the Certified Investment Management ConsultantSM®(CIMC®) designations. As a founder of the Research Triangle Chapter of the National Association of Corporate Directors, Chuck is passionate about its mission to improve the performance and governance knowledge of local boards of directors. He also serves as an arbitrator for the Financial Industry Regulatory Authority (FINRA), an organization devoted to protecting investors by maintaining fairness in U.S. capital markets.
Chuck received an associate's degree from Thomas A. Edison College in Trenton, New Jersey. He and his wife, Susan, reside in Cary, North Carolina, and have five adult sons between them. In his leisure time, Chuck enjoys growing orchids, weight training, gourmet cooking, travel and fly-fishing.
Geoffrey Bell, CPM® is a Senior Vice President of the Re Corr Bell Group, a Merrill Lynch Global Wealth Management company.
Geoff joined Merrill Lynch in 2005. Focusing on investment strategy and income management, his role on the team involves portfolio trade execution, monitoring and analytics, and reviewing performance and progress toward goals with clients. His experience extends to helping clients develop restricted-stock awards strategies, including Rule 10b 5-1 programs and other Rule 144 issues. Additionally, Geoff works with the adult children of clients to educate and help them become better financial decision makers. He also facilitates family meetings for the discussion of intergenerational wealth transfers.
Geoff holds the Certified Portfolio Manager (CPM®) designation. In his spare time, he serves as corporate secretary for the Research Triangle Chapter of the National Association of Corporate Directors.
Geoff received dual bachelor's degrees in economics and management and society from the University of North Carolina in Chapel Hill. While there, he completed a summer internship at Merrill Lynch. Geoff resides in Cary, North Carolina, with his wife, Jennifer, and their children, Adrian, Declan, Tyson and Ava. His interests include soccer, mountain biking, golf, micro brewing and travel.
September 21, 2017
Topic: Objective Review of Leading Business Budgeting Software Applications
Speaker: Philip Massey, Founder, Massey Consulting
Philip Massey will lead an interactive discussion on the relative advantages and disadvantages of three of the leading standalone business budgeting applications and their relative value compared to their most frequent alternative, spreadsheets. Topics to be covered will include:
Budgeting and forecasting are critical and essential roles for all CFOs. Please attend to learn how you can improve budgeting and forecasting within your organization and help your company achieve its strategic and tactical objectives.
Philip D. Massey, CPA, the President and Founder of Massey Consulting, has spent approximately 20 years in the accounting software industry. Mr. Massey worked at a software consulting firm and in public accounting prior to founding Massey Consulting. He graduated from UNC-Chapel Hill with a degree in Accounting with a minor in Finance.
August 17, 2017
Topic: Strategies for Managing Cyber Insurance
Speaker: Courtney Warren, Consultant, Property & Casualty Division, Marsh & McLennan Agency LLC & Edward Lloyd, Account Executive, Executive & Professional Specialty Practice, Marsh & McLennan Agency LLC
Courtney Warren and Edward Lloyd will lead an interactive discussion on purchasing the right levels and types of cyber insurance coverages. Topics to be covered will include:
1. Preparing applications for cyber insurance.
2. Policy Coverages and Structure – what to expect.
3. What are your exposures? Understanding First Party versus Third Party coverages.
4. Which coverages are essential and which may be optional.
5. Policy Exclusions – what to look out for.
6. Choosing limits, sub-limits and deductibles and evaluating limits versus premium costs.
7. Determining optimal levels of coverage to purchase based on a company’s size and risks, balancing premium costs against being underinsured.
8. What’s negotiable and what isn't.
9. Interaction with other policies such as General Liability, Directors & Officers Liability and Crime insurance.
10. Risk mitigation strategies that can reduce exposures and premiums.
11. Practical tips or traps and common mistakes with respect to cyber insurance.
Most CFOs are directly responsible for or are involved in insurance procurement decisions. Come learn new insights from an expert.
Courtney Warren is the Tech & Life Science Practice Chair for Marsh & McLennan Agency’s Mid-Atlantic region. She specializes in risk and insurance consulting within the property and casualty group. She has developed particular expertise working with companies whose businesses present complex challenges from a regulatory and liability standpoint. In her role, she provides strategic advice and customized risk management solutions for organizations throughout the Southeast in the biotechnology, pharmaceutical, and medtech industries.
Courtney is a board member of SCBIO. She is actively involved with the Southeastern Medical Device Association (SEMDA) and the North Carolina Center of Innovation Network (NC COIN).
Courtney graduated magna cum laude from Furman University. Following graduation, she worked as a writer in the White House Office of Presidential Correspondence for President George W. Bush. She served as a Rotary Ambassadorial Scholar in Buenos Aires and did her graduate studies at Universidad Torcuato di Tella.
Edward Lloyd has worked in Marsh & McLennan Agency’s Executive Liability Practice since May 2012 and specializes in the negotiation, placement and servicing of Executive Liability and Professional Liability insurance, including Directors and Officers, Employment Practice, Fiduciary and Privacy and Network Security Liability (Cyber) coverages, as well as Professional Liability and Crime and Kidnap & Ransom insurance.
Edward has more than 25 years experience as a Commercial Insurance Broker in both the USA and the UK. Having worked for Lloyd’s Brokers in London, England, he moved to the USA in 2005 where he joined Marsh & McLennan’s Financial and Professional Risks division, working alongside Client Executives on a number of high profile clients.
Edward has qualified as an Associate of the Chartered Insurance Institute in London, England and maintains active P&C Licenses in the USA.
July 2017 Social
Date: Tuesday, July 18, 2017
Time: 6:00 - 8:00 p.m.
Location: Avalara, 512 S. Mangum Street, Suite 100, Durham, NC 27701
Come watch the Durham Bulls play the Indianapolis Indians. It’s summer time and time to connect and network with your fellow CFOs and senior financial professionals. It’s a great opportunity to reestablish old relationships and make new ones.
Sponsor: Avalara
https://www.avalara.com/
Avalara helps businesses of all sizes achieve compliance with transactional taxes, including VAT, sales and use, excise, communications, and other tax types. The Avalara Compliance Cloud™ platform is comprehensive, fast, accurate, and easy to use. They offer >500 hundred pre-built connectors into leading accounting, ERP, ecommerce and other business applications. Each year, they process billions of indirect tax transactions, file hundreds of thousands of tax compliance documents and tax returns, and manage millions of exemption certificates and other compliance-related documents.
June 15, 2017
Topic: New Lease Accounting Standards - Are You Ready?
Speaker: Rod Wilson, CPA, Senior Manager and Heads the Ag Biotech Practice at Hughes Pittman & Gupton, LLP
With the implementation deadline getting ever closer for Lease Accounting, get an overview of the technical accounting and reporting requirements, and learn how companies are making preparations and readying themselves for potentially significant reporting and operational impacts.
Rod Wilson has over ten years of experience in public accounting. He was previously with Grant Thornton, LLP as an audit associate and joined Hughes Pittman & Gupton, LLP in October 2007.
Rod is a senior manager in the Firm’s audit practice and heads the Firm’s Ag Biotech practice. He works with clients in a variety of industries, including biomedical and pharmaceutical, software and technology development, healthcare, venture funds, as well as nonprofits. His experience in these industries includes audits, reviews, and compilations of financial statements, testing and documentation of internal controls, and general business consulting.
May 18, 2017
Topic: How to Attract & Retain Millennials
Speaker: Tom Sheehan MBA, SPHR, Strategic HR Advisor and Business Partner with Capital Associated Industries
Attracting and retaining talent is no longer just an HR function. Successful companies today are having to collaborate at the highest level of the organization to develop strategies that attract and keep the best talent. CFOs can play a critical role in the development and implementation of talent acquisition and retention strategies. Did you know that millennials now make up over one-third of the workforce?
Born between 1980 and 2000, millennials grew up in a digital age with constant access to information. Millennials are new, hungry, and impatient, and they’ll turn your company upside down with their sense of rebellion. Or at least, that’s the myth.
In this session, we will help you separate fact from fiction and allow you to sort through what really matters to millennials.
During the session you will:
Tom Sheehan is a Strategic HR Advisor with Capital Associate Industries (CAI). His primary role at CAI is to provide expert advice in the following areas: talent management, talent acquisition processes, performance management, employee engagement, culture development, mergers and acquisitions, and change management.
Prior to joining CAI, Tom served as the Director of Talent Management and Acquisition for The Pantry, a Fortune 500 convenience store and restaurant chain. Previously, Tom served as the Director of Talent Acquisition for Rite Aid, a Fortune 500 retail pharmacy chain.
Tom holds a B.A. from Loyola University in Maryland and an MBA in Organizational Development from Drexel University. In addition, Tom is certified as a Senior Human Resources Professional.
April 20, 2017
Topic: Board Expectations of the CFO
Speaker: Jack Finley, CPA, Director on multiple corporate boards
In this presentation, Jack Finley, an experienced Board Member, will discuss, from a board perspective, the board’s relationship with and expectations of the Company’s CFO. He will discuss the technical, tone, and “soft skills” expectations. Using real-world experiences, Finley will address best practices and do’s and don’ts for CFO.
Jack is a certified public accountant with over 40 years of experiences in public accounting, having served as a Partner with international accounting firms KPMG and Grant Thornton LLP. He also has over 30 years of experience as a nonprofit board member, and 11 years on for-profit boards of directors. Finley currently serves on the board of three nonprofits: the Research Triangle Chapter of the National Association of Corporate Directors, the North Carolina Theatre, and Haven House Services. He is also a Director of AgCarolina Farm Credit, a $1.5 billion farm credit bank headquartered in Raleigh, where he has served on the audit, compensation, and governance committees. Currently, Finley is an Advisory Director of BOK Financial Corporation, a public $32 billion bank holding company headquartered in Tulsa, Oklahoma, and serves on the audit committee. Finley is a candidate for director at the April 25, 2017 annual shareholders’ meeting.
March 16, 2017
Topic: Employee Stock Ownership Plans ("ESOPs") - What Are They and How Can They Support Your Organizational Goals?
Speaker: David Bass, Founder and CEO of Arena Capital Advisors, LLC
So you think you understand ESOPs, and they are not a good fit for your organization. Or are they? As a CFO, are you looking for options to:
If so, don’t miss this opportunity to learn more about ESOPs from industry expert, David Bass.
David is the founder and Chief Executive Officer of Arena Capital Advisors, LLC. He focuses on the sale of privately held businesses and helping business owners develop strategies for their exits or ownership transitions. David has represented business owners in a variety of industries including biotechnology, business services, contracting, manufacturing and distribution, education, environmental services, healthcare, IT services, medical devices, software, and many more.
He has developed a sub-specialty in working on transactions involving ESOPs as an approach to ownership transition that is both highly tax-advantaged and employee friendly.
David attended Duke University and graduated from the University of South Carolina. He also completed the executive program in Mergers and Acquisitions at the Wharton School of Business.
February 16, 2017
Topic: Legal and Contractual Issues with Cloud Providers
Speaker: Trevor Schmidt and Holly Coldiron, Attorneys with Hutchison PLLC
More and more of the world’s computer software is moving to an online-only format for use. Fewer companies are licensing copies of software housed and operated internally. Rather, companies are “licensing” use of software that resides on the provider’s servers, or more likely, the provider’s service provider’s servers. The company’s data is typically processed and stored on these servers as well.
These software-as-a-service (“SaaS”) or cloud service relationships create many benefits for companies, including reducing the company’s infrastructure costs. With these benefits, however, come risks, including lack of control over the company’s data, security of data, and sharing of liability relating to security breaches or service failures. Companies often don’t know what processes or protections are implemented by their providers or what control their provider has over the servers processing the company’s data.
Holly Coldiron and Trevor Schmidt, attorneys with Hutchison PLLC, will provide an overview and lead an interactive discussion of the many legal issues and controversies surrounding contracts with cloud service providers. They will discuss what provisions can be negotiated, what diligence companies need to perform, and when red flags may mean real trouble ahead. They will also discuss data ownership and privacy risks.
Trevor Schmidt is a partner with Hutchison PLLC, leading the firm’s intellectual property protection practice. Trevor is a registered patent attorney with a technical background in physics. He has considerable experience in all stages of the life of a trademark, including selection and clearance, application preparation, prosecution before the United States Patent and Trademark Office, foreign filings, opposition and cancellation matters, preparing and responding to cease and desist letters, domain name registration, protection strategies and Uniform Dispute Resolution Policy (“UDRP”) complaints. Trevor routinely provides counsel on the intellectual property issues associated with major transactions and advises clients on maximizing their intellectual property assets through enforcement and licensing strategies.
Holly Coldiron works with growing and established companies, primarily in the areas of intellectual property protection and commercialization. Her clients range from mobile application developers to SaaS providers to traditional software companies. Holly assists clients with a variety of commercialization and business agreements, including SaaS agreements, development contracts, license agreements, terms of service, and privacy policies. Holly also works with a number of clients in the medical device and life sciences and pharmaceutical fields in negotiating, drafting and reviewing business agreements for clinical trials, supply and manufacturing, product development, and collaboration.
Both Holly and Trevor received their Juris Doctorate degrees from The University of North Carolina at Chapel Hill School of Law. Hutchison is a boutique law firm that represents emerging and growing technology, life sciences, and healthcare services companies of all sizes from inception through exit, along with the investors that finance them.
January 2017 Social
Date: Wednesday, January 18, 2017
Time: 5:30 - 7:30 p.m.
Location: Ruth's Chris Steak House, 2010 Renaissance park Place, Cary, NC 27513
Let's kick off the 2017 year in style! Please join us for an elegant evening of networking and socializing with your fellow CFOs and senior financial professionals. It's a great opportunity to reestablish old relationships and make new ones. With mouth-watering appetizers, domestic and craft beers, and top-rated wines from around the world, this is an event you won't want to miss.
Ruth's Chris SteakHouse
www.ruthschris-cary.com
Ruth's Chris Steak House in Cary, North Carolina is an upmarket steakhouse chain known for sizzling, butter-topped beef in an elegant setting. Whether it's a romantic dinner for two, an important business luncheon, or a private party, Ruth's Chris Steak House can accommodate your needs. The steak house provides guests with a warm, comfortable atmosphere that is casual, yet elegant. Feel free to laugh out loud, stay a while, experience the sizzle, and above all, enjoy yourself. Valet service is available.
Sponsor: RPG Solutions, a division of HUB International Southeast
www.rpg-solutions.com
www.hubinternational.com
The global resources and local relationships create world-class results for clients. As a top 10 global insurance broker, HUB International offers Property and Casualty, Life and Health, Employee Benefits, HR Services, and unique HR technology solutions. The entrepreneurial spirit that formed HUB is evident today in the way they do business. With offices across North America and a strong local presence in the Triangle and Triad, HUB International is uniquely positioned to tailor solutions to meet local needs.
Sponsor: Davis Moore Capital
www.davismoorecapital.com
With roots dating back to the late 1990's, Davis Moore Capital is the Triangle's premiere boutique corporate real estate advisory firm. Its professionals have a long history of partnering with companies to develop strategies that align their business and real estate needs. As a result, Davis Moore operates as a trusted advisor and collaborator with each client. Their long-term, relationship-driven approach ensures that each engagement is specific to the client's individual goals. Their principals' experience includes work with some of the leading companies in North Carolina such as Duke University, Progress Energy, Citrix Systems, PPD, Pepsi Bottling Ventures, Burt's Bees and many others. Davis Moore's mission is to earn authentic relationships and be held accountable by clients for creating value.
December 2, 2016
Topic: Social Engineering and Cybersecurity in Today's Environment
Speaker: Grant Bell, Senior Vice President of Marsh & McLennan
Imagine this: you are Chief Financial Officer or VP of Finance of your company, and you are on a well-deserved vacation: a cruise, in neutral waters, completely off the grid.
You can take vacations like this knowing that you’ve got one of the hardest working Controllers around “minding the store.” One Friday evening, your Controller is the only person remaining in the office when an e-mail arrives from your CEO. Your Controller has been with the company long enough to know that the CEO never stops working. It is not at all unusual for the CEO to be wheeling, dealing, or emailing on a Friday or Saturday night. The CEO explains a need to get an important vendor paid ASAP and can’t get in touch with you to process the payments. The email trail includes messages from you indicating you are in favor of this transaction as well as a copy of the invoice.
Being a good soldier, the Controller does not want to bother you or slow down the payment since clearly from the email trail, you are onboard with this transaction. So, your Controller quickly sets up the wire for $28,523.49 to pay this invoice.
Just like that, this invoice is paid. Unfortunately, neither you nor your CEO has ever heard of this vendor and the money has disappeared into the abyss of the international banking system. Also, unfortunately, your bank is not at fault and is not responsible for the loss. Law enforcement cannot help either. This money is not recoverable. Directors and officers liability insurance (D&O) or other traditional insurance products won’t address the issue either.
Does this sound like a nightmare you can easily wake up from and everything will be alright? Unfortunately it is all too real…and it has a name: Social Engineering Fraud.
Social Engineering Fraud is endemic throughout the U.S. and Europe. Do you think Cyber-related risks are solely IT’s problem? Think again.
On December 2nd, we will dive into Social Engineering Fraud and touch on Cyber Insurance. We will explain why and how these issues are keeping CFOs up at night, and what to do about it.
We will also have real-life examples of attempts to “socially engineer” payment out of companies. If any of the participants are willing to share emails or other attempts that have been made on their systems, please email a copy of the email or scenario to [email protected] to be included in the presentation/discussion, or come prepared to share in a group discussion.
Grant Bell is a member of Marsh & McLennan’s FINPRO resource group, and co-leads the firm’s Life Science practice for the Southeastern U.S. He will lead a discussion about the social engineering industry – as it has become an industry, how these claims happen, and what you and your company should be thinking about for readiness.
November 4, 2016
Topic: Economic Outlook
Speaker: Chip Wittmann, CFA, Executive Director, Sterling Capital Management
Chip is a Portfolio Manager for the Leaders portfolio that invests in global large cap stocks and is on the investment team for the Sterling Capital Equity Opportunities Group. He joined the Equity Opportunities team in 2014 after ten years as a portfolio manager and analyst with Thompson Siegel & Walmsley (TS&W). Prior to TS&W, he was a portfolio manager and analyst with Shockoe Capital, an equity long/short hedge fund. In addition, he was a senior research analyst for Wells Fargo Securities as well as a commercial loan officer with Bank of America. He received an M.B.A. from Duke University’s Fuqua School of Business and a B.A. in Economics from Davidson College. He is a CFA charter holder and a past President of CFA Virginia.
2016 has been a volatile year for both the global and U.S. economies. Farley will present an economic outlook reviewing what occurred in 2016 and revealing what may be in store for 2017.
October 7, 2016
Topic: Measuring What Drives Future Financial Performance with the Balanced Scorecard
Speaker: Howard Rohm, President & CEO of Balanced Scorecard Institute, a Strategy Management Company
Organizations of all sizes and sectors need to understand their customer value proposition and have a clear strategy for meeting customer needs. They need to measure success of their strategies and understand what organizational capabilities and processes drive customer satisfaction and financial success (in business and industry), or drive stakeholder satisfaction and program effectiveness (in nonprofits and other mission-driven organizations). The balanced scorecard is a popular strategic management system that gives organizations the ability to align an organization around strategy, communicate what needs to be done with clarity, measure what matters, build individual and collective accountability for results, and prioritize the most important work.
Howard Rohm is President and CEO of the Cary, NC Balanced Scorecard Institute and Founder of the Strategy Management Group, Inc., the Institute’s parent company. He is a professional speaker, author, performance management trainer, consultant, and technologist with over 40 years' experience. Howard has trained over 3,000 strategic management professionals from 50 countries and helped dozens of organizations worldwide build a balanced scorecard and other performance planning and management systems. Howard developed the Institute’s Nine Steps to Success™ scorecard methodology, a framework adopted by the U.S. Congress Administrative office, several programs at the United Nations, international nonprofit associations such as the Susan G. Komen Foundation; governments and ministries, such as the Ethiopian Federal Ministry of Health (sponsored by the Bill and Melinda Gates Foundation); defense entities; and major corporations, including Fluor, Mary Kay Cosmetics, and Constellation Energy. Howard has bachelor’s and master’s degrees in engineering from Iowa State University and George Washington University and is co-author of an Amazon top-ten business book, Simplify Strategic Planning and Management with the Balanced Scorecard.
September 9, 2016
Topic: Impact of New Revenue Recognition Standards
Speaker: Cathy Patton, Senior Audit Manager and Revenue Recognition Team Leader at Hughes Pittman & Gupton, LLP
There is a mandatory change for recognizing revenue that could materially change your profitability. This change allows many technology companies to recognize some revenue stream aspects earlier and defer certain costs, resulting in higher revenue and profitability. Public companies must have this in place by 2018, private by 2019. However, early adoption is available in 2017 for both. This session will explore and explain the revenue recognition changes, how this might benefit you and your company, and what needs to be done to get you there.
Cathy Patton is a Senior Audit Manager at HPG, and heads up the firm’s Revenue Recognition Team. She has over 24 years of experience in public and private accounting. Cathy has worked with clients ranging from startup companies financed by private venture capital to public companies. She is also a member of HPG’s Technology Practice, serving various software and Software as a Service (SaaS) clients. Cathy’s consulting experience is focused on revenue recognition, and includes working with many startup through venture backed technology companies on their initial GAAP implementation for financial reporting to investors and lenders, or to prepare for due diligence
August 5, 2016
Topic: Finding Your Money in the Crowd
Speaker: Jim Verdonik of Ward and Smith, P.A.
Most businesses won't do all their capital raising through the internet, but for the first time that is becoming possible because there is now a type of Crowdfunding that is suitable for businesses at all development stages. Jim's presentation will discuss:
Alas, thought leaders don't make much money. Jim's day job is being a Securities, Venture Capital and Technology lawyer for Ward and Smith in Raleigh. http://www.wardandsmith.com/attorneys/james-verdonik
Jim's new book Crowdfunding: A Legal Guide to Investment and Crowdfunding Regulations will be released by his publisher (Thompson Reuters) before Labor Day weekend.
You can find more about Jim at his YouTube Channel https://www.youtube.com/playlist?list=PLEyL-gjb9p8yqMcjg41srt8r69XYcSU7Q
July 2016 Social
Date: Thursday, July 21, 2016
Time: 5:30 - 7:30 p.m.
Location: CAPTRUST Tower, 16th Floor, 4208 Six Forks Road, Raleigh, NC 27609
Please join us for an opportunity to socialize with your fellow CFOs in the Triangle area. It's a great opportunity to reestablish old relationships and make new ones. Wine, beer, and light appetizers will be provided by Catering By Design.
CAPTRUST Financial Advisors
www.captrustadvisors.com
CAPTRUST Financial Advisors is an independent investment research and fee-based advisory firm specializing in providing retirement plan and investment advisory services to retirement plan fiduciaries, executives, and high-net-worth individuals. The firm was built on the premise that investors are best served by advisors who are motivated to focus exclusively on the best interests of their clients. This unwavering commitment to independence and transparency has enabled CAPTRUST to grow from the vision of its entrepreneurial founders to one of the largest independent advisory firms in the country.
Sponsor: RPG Solutions, a division of HUB International Southeast
www.rpg-solutions.com
The global resources and local relationships create world-class results for clients. As a top 10 global insurance broker, HUB International offers property and casualty, life and health, employee benefits, investment and risk management solutions. The entrepreneurial spirit that formed HUB is evident today in the way they do business. With offices across North America, HUB International is uniquely positioned to tailor solutions to meet local needs.
Sponsor: Davis Moore Capital
www.davismoorecapital.com
With roots dating back to the late 1990's, Davis Moore Capital is the Triangle's premiere boutique corporate real estate advisory firm. Its professionals have a long history of partnering with companies to develop strategies that align their business and real estate needs. As a results, Davis Moore operates as a trusted advisor and collaborator with each client. Their long term, relationship-driven approach ensures that each engagement is specific to the client's individual goals. Their principals' experience includes work with some of the leading companies in North Carolina such as Duke University, Progress Energy, Citrix Systems, PPD< Pepsi Bottling Ventures, Burt's Bees and many others. Davis Moore's mission is to earn authentic relationships and be held accountable by clients for creating value.
June 3, 2016
Topic: The Internet of Things Opportunity
Speaker: Tom Snyder, Adjunct Professor of Electrical and Computer Engineering and NCSU and Executive Director of NC RIoT (Regional Internet of Things)
This presentation is designed for CFOs and companies that believe they need to understand and learn about the Internet of Things (IoT) in order to remain competitive. The presentation will address how businesses across multiple industry sectors are taking advantage of what has been dubbed the Fourth Industrial Revolution. You'll learn what comprises an IoT system, how needs-based design can drive value and where your organization can, or must, plug into the IoT value chain. Finally, you'll learn how North Carolina is becoming the center of the global universe for IoT development, and how to get involved.
Tom Snyder is an Adjunct Professor of Electrical and Computer Engineering at NCSU, focused on innovation, entrepreneurship and creating cross-college, experiential learning opportunities for engineers, designers and business majors. He is also the Executive Director of NC RIoT, a nonprofit economic development organization focused on growth of the Internet of Things economy in North Carolina. He was previously the Industry Liaison for the Advanced Self-Powered Systems of Integrated Sensors and Technologies (ASSIST) Nanosystems Center at NCSU, where he was responsible for recruiting, managing, and developing industry relationships, fostering collaboration between member universities, researchers, students and the industry, and driving research towards practical and profitable commercialization.
NC Regional Internet of Things, affectionately known as NC RIoT, brings together the state's IoT resources and talent. NC RIoT hosts frequent Meetups to bring together IoT companies and experts from across the state, Southeast, and USr. Ola
May 6, 2016
Topic: Additive Manufacturing: Disruptions in the Marketplace
Speaker: Dr. Ola Harrysson, Professor, North Carolina State University (NCSU)
Dr. Ola Harrysson joined the Industrial and Systems Engineering ("ISE") department in January 2002 and teaches courses related to product development, manufacturing processes, additive manufacturing, and biomodeling. Most of his research involves additive manufacturing, specifically the medical applications. Dr. Harrysson is in charge of the Additive Manufacturing Laboratory ("AML") in the ISE department. AML is currently involved in both aerospace and medical related research as well as providing faculty and students with prototyping services.
Previously, Dr. Douglas C. Hopkins presented to the RTP CFO Forum on additive manufacturing and 3D printing of electronic energy systems. The world of 3D printing continues to grow and gain attention, and Dr. Ola Harrysson will dive deeper into the topic, focusing on the marketplace and its current and potential disruptions. We hope you are able to join us for another enlightening and interesting presentation on additive manufacturing.
April 1, 2016
Topic: Strategies for Managing General and Product Liability Insurance
Speaker: Diana Bentley, Managing Director, National Casualty Practice, Aon Risk Solutions
Diana Bentley will lead an interactive discussion on purchasing the right levels and types of corporate general and product liability insurance coverages. Topics to be covered will include:
Diana Bentley serves as Director Broker for the Aon National Casualty Practice. Diana joined Aon Risk Solutions in 2013 after 19 years with Marsh in Charlotte, North Carolina. She has led in various capacities including Risk Management Casualty Manager and leader for Non-Traditional Workers' Compensation products. Diana specializes in providing client advisory services as well as coordinating complex placements for national and international clients. Her primary industry focus is Retail, Manufacturing, and Construction having served as the Casualty Advisory Specialist for several Fortune 500 clients. Diana has been a featured speaker for the National Workers' Compensation Conference, Carolina RIMS (Risk Management Society) and local RIMS chapter on Casualty insurance topics including Workers' Compensation and Exclusive Remedy. Diana majored in Accounting at Rockford College in Rockford, IL. She has a Certified Insurance Counselor (CIC) designation.
March 4, 2016
Topic: Additive Manufacturing: 3D Printing of Electronic Energy Systems and Beyond
Speaker: Dr. Douglas C. Hopkins, Professor, North Carolina State University (NCSU)
Prof. Doug Hopkins is with the Electrical and Computer Engineering Dept., Director of the Laboratory for Packaging Research in Electronic Energy Systems (PREES), part of the Future Renewable Electric Energy Delivery and Management Systems (FREEDM) Systems Center, and is an Affiliate Faculty with the Center for Additive Manufacturing and Logistics (CAMAL), at NCSU. The PREES Laboratory conducts R&D in high-performance power electronic systems with particular emphasis on 3D Printed Power Electronics.
He received his PhD from Virginia Tech, worked at the R&D centers of the General Electric and Carrier Air-Conditioning Companies, and co-founded an early launch technology company funded through a Phase II Department of Defense Small Business Innovation Research. Dr. Hopkins also provides consulting and expert witness services in liability and IP litigations. He has published over 100 journal and conference articles, a number recognized with awards.
The world of 3D printing has exploded for a wide range of users from hobbyists, we now call “makers,” to the professional designers that use million-dollar machines to create a diversity of products from electronics and jewelry to human tissue. We’ll explore some of the evolving printing systems applicable to electronics manufacturing on a grand scale, and how they may change the way we present physical examples and prototypes to our customers, thereby reducing time to market. We’ll even explore what might make a good gift for an aspiring engineer, and introduce a new electronics manufacturing resource at NCSU. We hope you can join us for, what will certainly be, an interesting and informative presentation on additive manufacturing, and how it is shaping businesses and the economic landscape.
February 5, 2016
Topic: What's all the fuss about Big Data?
Speaker: Ben Sharma, CEO and co-founder of Zaloni
It seems as though the term “Big Data” is appearing everywhere these days. What is Big Data? Why is it so popular now? How can leveraging the power of Big Data transform the way you do business? Join us as Ben Sharma, CEO of RTP’s rising Big Data software and services provider, Zaloni, answers these questions in an entertaining talk.
Ben is a passionate technologist, author, and thought leader in the Big Data arena, uniquely skilled in communicating the business value of this new market-disrupting technology. Ben will describe actual use cases – what companies have done to leverage Big Data to reduce costs, to improve customer satisfaction, to create new revenue streams – in order to drive the concepts home.
January 21, 2016 Social
Date: Thursday, January 21, 2016
Time: 5:30 - 7:30 p.m.
Location: Taggart Autosport, 1640 NW Maynard Road, Cary
Please join us for an opportunity to socialize with your fellow CFOs in the Triangle area. It's a great opportunity to reestablish old relationships and make new ones. Wine, beer, and light appetizers will be provided by Catering By Design.
Taggart Autosport
www.taggartautosport.com
Taggart Autosport provides only the best high-end performance vehicles on the market, from Italian exotics to extreme off-road Jeeps and trucks. The pristine Cary-based retail showroom offers a jaw-dropping inventory, as well as a manufacturing space equipped for engineering and customizing its vehicles in house. Numerous vehicles will be on display, and staff will be on-site to let you tour the garage and answer any questions you may have.
Sponsor: Hutchison PLLC
www.hutchlaw.com
At Hutchison, we pride ourselves on being a different kind of law firm. Our dedicated team of professionals has extraordinary depth and experience in law and business. We are a diverse team bound together by an entrepreneurial spirit and a passion for excellence. We are more than just attorneys, we are business partners. Hutchison provides business and intellectual property counsel to established and emerging companies throughout the Southeast and Mid-Atlantic. We offer strategic advice and networking in addition to legal counsel because we understand that delivering value well beyond the expected helps our clients achieve extraordinary things.
Sponsor: Rich Commercial Realty
www.richcommercialrealty.com
Commercial real estate is typically any organizations second largest line item. Unfortunately, it can also be one of the biggest strategic challenges: Do we buy or lease? Are we in the correct amount of space? What happens if we need to expand or contract? Executing a proper real estate strategy will directly impact your businesses success, both now and into the future. Rich Commercial Realty has the expertise and experience; let us guide you. We want to partner with you to help you make the most educated decision possible for the future of your business. As your unbiased real estate advisory team, Rich Commercial Realty combines your core values, goals, and objectives along with our market knowledge to deliver exceptional results. Allow us to operate as your strategic real estate advisor and make your interests our priority.
Sponsor: Marsh
www.marsh.com
Marsh is a global leader in insurance broking and risk management. In more than 130 countries, our experts in every facet of risk and across industries help clients to anticipate, quantify, and more fully understand the range of risks they face. In today’s increasingly uncertain global business environment, Marsh helps clients to thrive and survive. We work with clients of all sizes to define, design, and deliver innovative solutions to better quantify and manage risk. To every client interaction we bring an unmatched combination of deep intellectual capital, industry-specific expertise, global experience, and collaboration. We offer risk management, risk consulting, insurance broking, alternative risk financing, and insurance program management services to businesses, government entities, organizations, and individuals around the world.
December 4, 2015
Topic: Raising Capital from an Investment Banker's Perspective
Speaker: Roger Brook, Managing Director, Carolina Financial Group
Roger Brook will lead an interactive discussion on raising capital from an investment banker's perspective. Topics to be covered will include preparing the management team and the Board of Directors to raise capital, what to expect during the process, due diligence, presenting and marketing your story, negotiating terms, and closing the deal. Raising capital is an area of interest to almost all CFOs, and you're bound to learn new insights by learning from someone who's been on the other side of the table on many occasions.
Roger Brook joined Carolina Financial Group's investment banking practice in 2014. Roger has worked with private companies and entrepreneurs for the past 20 years as an investor, banker, advisor, and in various operating roles. His clients have been across a number of industries including technology, distribution, manufacturing, infrastructure, property, retail, and business services.
November 6, 2015
Topic: Economic Outlook
Speaker: Dr. Michael L. Walden, Ph.D.
Dr. Michael Walden is a William Neal Reynolds Distinguished Professor at NC State, where he's taught since 1978. His Ph.D. degree is from Cornell. He teaches and writes on consumer economics, economic outlook, and public policy. Dr. Walden is also a frequent guest on national television networks and has won numerous academic and public awards, including the Order of the Long Leaf Pine in 2013 and the University of North Carolina Board of Governors Award for Excellence in Public Service in 2010.
2015 has been a volatile year for both the global and U.S. economies. Dr. Walden will present an economic perspective focusing on making sense of what occurred in 2015 and revealing what may be in store for 2016. Dr. Walden was invited back to the RTP CFO Forum because his presentations are consistently entertaining, insightful, and informative.
October 2, 2015
Topic: Lessons from a Successful Serial Entrepreneur
Speaker: Steve Malik, Founder and Executive Chairman of Medfusion
Steve Malik, a product of Kinston, North Carolina, is a serial entrepreneur. In this roundtable discussion Steve will use his entertaining style to describe how preparation, skill, luck, and timing have helped him overcome challenges in his journey to build successful companies. After profitably exiting two companies earlier in his career, in 2010 Steve sold Medfusion (a healthcare IT firm he founded and built) to Intuit for $91 million. At the end of 2013, he bought the company back and just recently received $3 million of funding to accelerate its growth. We invite you to join us for what will certainly be an interesting and entertaining discussion.
September 11, 2015
Topic: Improving Facility Cost on Your Next Lease Renewal
Speaker: Michelle Rich Goode & Street Jones, Rich Commercial Realty
Your office lease is about to expire...what are your options? Can you renew? How much notice must you give your landlord? What demands are your operations making on your space? What burden is your rent escalation giving your bottom line? How efficient is your space compared to the market? Do you even have time to give this a thoughtful evaluation? Having a lease abstract to help you better understand your lease terms might help you as you consider your options.
Michelle Rich Goode, founder of Rich Commercial Realty, has more than 30 years of experience in commercial real estate and has represented a prestigious list of clients. She established Rich Commercial Realty in 1989 as one of the first tenant representative firms in the Triangle. She has a B.A. degree from Meredith College and an M.L.S. from East Carolina University. Michelle has served on numerous nonprofit boards in leadership roles including Greater Raleigh Area Chamber of Commerce, Triangle Commercial Association of Realtors, Triangle Commercial Real Estate Women, and Meredith College Board of Trustees.
August 7, 2015
Topic: Analyzing Your Marketing Program
Speaker: Christina Motley, Christina Motley & Associates
Over 100 years ago, John Wannamaker, the inventor of the department store, lamented “Half the money I spend on advertising is wasted; the trouble is I don't know which half." Many CEOs have since repeated this concern, which often is just as true today as it was then.
Christina Motley, Owner and Chief Marketing Officer of Christina Motley & Associates, will help CFOs understand how to solve this conundrum. Her presentation will cover best practices for measuring effectiveness of marketing programs; how to understand and interpret the data across branding, lead generation, social media and public relations initiatives; and how to identify gaps and opportunities for improving marketing programs. The presentation will also address the advantages of using scorecards to measure data.
July 15, 2015 Social
Date: Wednesday, July 15, 2015
Time: 5:30 - 7:30 p.m.
Location: Chatham Hill Winery, 8245 Chapel Hill Road, Cary, NC 27513
Please join us for an opportunity to socialize with your fellow CFOs in the Triangle area. It's a great opportunity to reestablish old relationships and make new ones. Wine beer, and light appetizers will be provided.
Chatham Hill Winery
www.chathamhillwine.com
Chatham Hill Winery was established in 1999 as the first winery in the Raleigh/Durham/Chapel Hill area and the first Urban Winery in North Carolina. Its mission is to produce distinctive, handcrafted wines of high quality and purity from grapes grown in North Carolina. The majority of Chatham Hill wines including Chardonnay, Viognier, Merlot, Cabernet Sauvignon, and Cabernet Franc are handcrafted from the best quality Yadkin Valley AVA grapes produced by our grower partners.
Sponsor: RPG Solutions
www.rpg-solutions.com
Founded in 2000, RPG Solutions is an integrated consulting firm that offers a full range of employee benefits, fractional human resources, and training and assessments. As an extension of your team we are committed to delivering solution oriented employee benefits, HR and/or training solutions through thoughtful strategic planning, negotiations, implementing cost-containment strategies and best in class technology solutions. RPG provides leading edge technology for online paperless enrollment, ACA tracking, data analytics, as well as legislative, communication, and human resource administration tools.
Sponsor: Davis Moore Capital
www.davismoorecapital.com
With roots dating back to the late 1990’s, Davis Moore is the Triangle’s premiere boutique corporate real estate advisory firm. Its professionals have a long history of partnering with companies to develop strategies that align their business and real estate needs. As a result, Davis Moore operates as a trusted advisor and collaborator with each client.
Their long term, relationship-driven approach ensures that each engagement is specific to the client’s individual goals. Their principals’ experience includes work with some of the leading companies in North Carolina such as Duke University, Progress Energy, Citrix Systems, PPD, Pepsi Bottling Ventures, Burt’s Bees and many others. Davis Moore’s mission is to earn authentic relationships and be held accountable by clients for creating value.
June 5, 2015
Topic: Stock Compensation: Tax Implications and Real-world Experiences
Speaker: Petra Weishaupt-Smith, Managing Director of Petra Financial LLC and CFO of 6 local technology companies & Heather Dean, Partner at Hughes Pittman & Gupton, LLP
Stock Compensation is a key element of many companies' benefit and retention plans. While stock options are the most commonly recognized element of stock compensation, other elements can be used. Each element has slightly different tax implication and ultimate impact on the employees. Heather Dean of HPG will be discussing tax implications of several of these structures as well as the business and tax benefits of each. Heather will be joined by Petra Weishaupt-Smith of Petra Financial LLC who will share her real-world experiences in implementing and redesigning stock compensation plans. Each attendee will be eligible to receive on hour of CPE credit for attending this event.
Petra Weishaupt-Smith has over 25 years of diversified financial experience in high tech companies including companies such as A4 Heath Systems, Digitalsmiths Corporation, and Total Sports to name a few. She is currently assisting six start-up technology and biotechnology companies in the Raleigh/Durham area with outsourced CFO services. Heather Dean manages HPG's corporate tax practice. She has 18 years of experience in public accounting, working with clients in a variety of industries including biomedical and pharmaceutical, software and technology development, manufacturing and distribution, and venture funds. Her experience includes corporate and partnership tax compliance, including international and multi-state tax, tax provisions under ASC 740 (FAS 109), and business planning and consulting, including mergers and acquisitions.
May 1, 2015
Topic: W-2 vs. 1099: Employee or Independent Contractor
Speaker: Susan Milner Parrot, Smith Anderson Law Firm (on behalf of J. Travis Hockaday)
For several years, many companies have been cutting back on hiring full-time employees and bringing in more independent contractors to do the same work. Consequently, it can sometimes be hard to tell employees and contractors apart. But the IRS, as well as the Federal and many states' Department of Labor, have been challenging the classification of independent contractors when their functional roles are closer to regular employees. Due to travel complications, Susan Parrott will be speaking on behalf of Travis Hockaday.
Susan Parrott has extensive experience in identifying and managing employment-related issues in mergers, acquisitions and reorganizations. She is frequently called upon to develop and interpret employment, non-competition, confidentiality, and severance agreements. In addition, she routinely advises clients on wage and hour matters, and assists in conducting internal compliance audits and responding to Department of Labor investigations.
April 10, 2015
Topic: Mitigating IT Breaches and Exposure from an Insurance Perspective
Speaker: Aaron S. Driver & Amelia Hayes Bernstein, J.D., Sentinel Risk Advisors
Aaron Driver is a Client Executive with Sentinel Risk Advisors. She seeks and implements new business relationships for Sentinel and manages a comprehensive portfolio. Although well-diversified in scope, Aaron's portfolio has a large concentration of property management and real estate firms, professional service firms and nonprofit/social service entities. Aaron became President-elect of the Triangle Commercial Real Estate Women (TCREW) in January 2013. She is also chairman of the Fostering Bright Futures Foundation.
Amelia Bernstein is also a Client Executive with Sentinel Risk Advisors and specializes in professional liability, directors and officers liability, employment practices liability, fiduciary liability, crime, cyber, and pollution coverages. Amelia is an active member of the Junior League of Raleigh, as well as the North Carolina Bar Association and the Tenth Judicial District Bar.
They will be discussing best practices to mitigate risks in regards to IT breaches and exposure. From an insurance perspective, Aaron and Amelia will present what you need to know about coverages and how they can be integrated as a part of your company's risk mitigation program. Security can be a very touchy subject. However, even if there is no way to completely eliminate the risk of data breaches, it is important for you and your business to be knowledgeable and prepared for such an event.
March 13, 2015
Topic: Mastering Employee Engagement
Speaker: Doug Blizzard, MBA, SPHR, Capital Associated Industries (CAI)
Doug Blizzard is the vice president of membership at CAI, and he brings more than 20 years of HR experience to his leadership role. Doug oversees the company’s membership services and manages CAI’s Advice and Resolution Team. He also teaches classes on HR and management practices, and he consults with clients on EEO, Affirmative Action, and employee relations issues.
Doug will discuss mastering employee engagement. He says that many studies on the topic show that 60 to 70 percent of employees are not engaged with their organization. High numbers of disengaged employees mean companies are losing productivity. Engaged teams are more profitable and more productive than teams that are not. Companies with disengaged teams face several challenges, such as higher turnover, increased absenteeism, and more safety incidents. Doug says the message is clear: if you really want to engage your employees, start by developing your supervisors and managers.
February 6, 2015
Topic: Revenue Recognition Accounting Update
Speaker: Cathy Patton, CPA, Hughes Pittman & Gupton, LLP
Recommended CPE & FOS: 1 Hour - Accounting
Program Level: Basic
Program Objective: New codification has been issued by FASB changing future revenue recognition requirements. This session is intended to provide an overview of those changes and the potential impacts to companies.
Cathy has 23 years of experience, 18 years of experience in public accounting and five years of private industry experience. She was previously with Triangle Transit Authority as their finance officer. She started her career with Coopers & Lybrand in Columbia, South Carolina. She later moved to their Raleigh, North Carolina office where she served as an audit manager for four years. Cathy joined Hughes Pittman & Gupton, LLP in November 2004. Cathy has worked with clients ranging from start-up companies financed by private venture capital to public companies. She has experience auditing companies in a wide range of industries, with a focus on software and life science companies. She also has experience in other industries including CRO, manufacturing, construction, real estate, government, and nonprofit. Her experience in these industries includes financial reporting, business consulting, auditing and review services, as well as managing the IPO process. She will be giving an overview of the new rules and what they mean for you and your company at this meeting.
January 22, 2015
January 2015 Social Event
Mez Contemporary Mexican, 5410 Page Road #8, Durham, NC 27703
This RTP CFO Forum social event will replace the normal January meeting. cocktails & Hors D'Oevres will be provided
Mez Contemporary Mexican: Mez Contemporary Mexican is the latest venture of the locally owned and operated Chapel Hill Restaurant Group. Mez is located in the heart of the Triangle, just minutes from Chapel Hill, Raleigh, Durham, and Cary off I-40 (Exit 282). The menu features traditional Mexican recipes with a modern healthy twist. Daily food and drink specials reflect the changing seasons and the skills of the talented staff. Mez was named "Sustainable Business of the Year" in 2007, and was also the first Green Plus certified business in the United States. Additionally, Mez was the first LEED (Leadership in Energy and Environmental Design) designed restaurant in North Carolina.
Gold Sponsor- Sentinel Risk Advisors: Sentinel Risk Advisors approach risk management from a unique perspective - yours. We understand that the insurance process can seem unmanageable, and may make you feel as though you have little control over your outcome. To help keep you in command of your objectives we provide: a proven process designed to position your company for success, a formalized placement strategy, multi-state capabilities with national and regional carriers, and anticipating and planning for changes in the marketplace and business cycle to effectively manage risk and avoid loss. Our philosophy is tangible, collaborative, and transparent. The coverage process should be a means of protection that you are comfortable with, confident about, and in control of - The Sentinel difference.
Silver Sponsor- Robert Half: Founded in 1948, Robert Half pioneered the concept of professional staffing services. Robert Half once again was named to FORTUNE magazine's list of "Most Admired Companies." The company is traded on the New York Stock Exchange and is a member of the S&P 500 Index. Robert Half currently has staffing and consulting operations in more than 400 locations. As it has grown, the company has kept its specialized approach - each of its seven professional staffing divisions has a separate focus and separate employee teams.
December 5, 2014
Topic: Economic Outlook
Speaker: Dr. Mike Walden, North Carolina State University
Dr. Michael Walden is a William Neal Reynolds Distinguished Professor and North Carolina Cooperative Extension economist in the Department of Agricultural and Resource Economics of North Carolina State University's College of Agriculture and Life Sciences. He teaches and writes on personal finance, economic outlook, and public policy. The College of Agriculture and Life Sciences communications unit provides his You Decide column every two weeks. Dr. Walden will present an economic perspective focusing on issues facing North Carolina and the nation.
November 7, 2014
Topic: Bootstrapping
Speaker: Joe Colopy, Bronto Software
Joe Colopy is the CEO and founder of Bronto Software. Joe founded Bronto in his spare bedroom and did not rely on outside investors to grow the company, but instead bootstrapped his way to employing over 200 people in three continents. Bronto has become the number one ranked email marketing provider to the Internet Retailer Top 1000 and has a client roster that includes Armani Exchange, Timex, Samsonite, and Boot Barn. Earlier in his career, Joe worked as an online marketer for Red Hat, a teacher in the U.S. Peace Corps (Seychelles Islands), and a software developer for the Harvard Business School. He earned an AB in Computer Science from Harvard University and an MBA from the University of North Carolina at Chapel Hill. Come hear Joe's story of how he did not need to rely on outside investors to grow Bronto into one of the top growth companies in the Triangle.
October 3, 2014
Topic: Fraud - Lessons Learned
Speaker: Jay McLamb
Jay McLamb will lead a discussion on the risks inherent in the accounting profession and the ethical responsibility to make the right decisions, no matter what the perceived consequences might be, including a discussion of rationalization and what it can mean to you and others. Jay's message is one of lessons learned, hope, faith, and a commitment to redemption, in hopes of preventing his life altering fate from happening to any CPA or business professional. Jay McLamb is a 47-year-old CFO for Carlie C's IGA Stores. Extremely passionate about small business, Jay is an executive with over 25 years’ experience in both domestic and international finance, operations, sales, mergers and acquisitions, and strategic growth planning. During his 25-year career, Jay has experienced the highest of professional highs to the lowest of professional lows, from being named a Triangle Business Journal's 40-Under-40 recipient, to serving a 24-month sentence in a Federal prison for tax conspiracy. Given the many professional and personal risks CPAs face every day, Jay hopes his humbling message of lessons learned, his hope, his faith and his commitment to redemption, will prevent such a life altering fate for any CPA.
September 12, 2014
Topic: Dr. Jim Fontaine
Speaker: Executive Leadership - Getting Results...Through Others
Executive leaders are responsible for results. To improve company results, executive leaders usually take actions to adjust products and services; to improve internal structures, systems, and talent mix; or to re-vamp strategy. However, as they seek to improve results, executive leaders often ignore a fourth key area that can account for as much as 28% of the variance in performance - organizational work climate. Work climate drives employee focus and motivation and determines how well leaders optimize the human capital and talent under their leadership. Effective executives understand and manage the work climate under them as a key mechanism for improving results. CFO's and finance executives are not only responsible for the immediate work climates they create for their teams, but can add great value in helping their companies understand, measure, and manage work climates company-wide as a key factor in driving performance.
Jim Fontaine is a psychologist, executive coach, and organizational consultant. For over 27 years, he has helped individuals and organizations improve their performance. For the past 12 years, Jim has been the president of his own coaching and consulting firm, Leadership Resources, Incorporated. He specializes in executive assessment and coaching, CEO team assessment and development, group leadership development, and organizational climate assessment and improvement. Having worked with executives at Hoffmann-La Roche, RTI International, Bank of America, and IBM, Jim has considerable experience in coaching executives in research, pharma/biotech, financial services, and technology industries.
August 1, 2014
Topic: Ethical Decision Making
Speaker: Professor Matthew Phillips
Almost all Chief Financial Officers have been faced with ethical challenges at one or more points in their careers. Occasionally, CFOs are faced with bowing to strong pressures to make questionable decisions or making the right decision but possibly facing career suicide. With regulatory agencies and the media stressing the importance of integrity adding to the pressures, decision making models for how to make best ethical decisions and execute on them have been rare and lacking. The Wake Forest University Business Center for Leadership and Character has begun the development of an Ethical Decision-Action Model that begins with appropriate awareness of context and continues through a complete analysis to explanation and execution of the decision and the redesign of processes and systems that gave rise to the underlying ethical issues.
Professor Matthew Phillips, lead developer of the Ethical Decision-Action Model, will present the current version of the model and lead discussion of ways to make the model more effective for business leaders. Professor Phillips teaches courses in business law and ethics across the Business School’s undergraduate and graduate programs. He leverages a passion for innovative teaching and experience as a tax and estate planning lawyer to engage students with the practical intersections of law and business, but also emphasizes the underlying principles that will shape managers’ interaction with law and ethical decision-making throughout their careers. Professor Phillips received undergraduate and law degrees from Wake Forest University and a Master of Divinity degree from Duke University, where he focused on the intersections of law and religion in American history. He has done additional academic work on leadership and ethics at the U.S. Air Force's Air University. He is admitted to practice law before state and federal courts of North Carolina, the United States Tax Court, and the United States Supreme Court.
“Ethical decision-making can be a dicey and difficult proposition in the business world, and is an area where few CFOs have received formal training” said Michael Poe, CFO of XinRay Systems Inc. “We are pleased to be able to get Professor Phillips, a recognized leader in this subject, to share his expertise with the RTP CFO Forum.”
July 15, 2014
July 2014 Social Event
Raleigh Brewing Company, 3709 Neil Street, Raleigh, NC 27607
Reminder - the RTP CFO FORUM July 2014 social event will replace the normal July meeting. Please join us.
As part of this event, CFOs will have a chance to socialize with other CFOs, along with a tour for an in-depth look behind the scenes of the science, business, and the fun of the commercial brewing process. Take a walk through the brewery and learn every aspect from where the grains are harvested, how the yeast is maintained, the mashing in, fermentation, and waiting game that is the science of beer. Guided by knowledgeable representatives, this tour is sure to leave you excited not only about the beers you can drink there, but also about the craft beer scene that is ever expanding around us. Questions will be welcome! Please join us!
Event sponsored by: VACO
Vaco Raleigh, LLC specializes in contract, special project, and direct hire solutions in the fields of accounting and finance, information technology, eLearning and design, operations, and human resources as well as executive search. The staff at Vaco Raleigh has more than 300 combined years of industry experience, with local knowledge and connections as well as access to geographically diverse resources through 29 Vaco offices nationwide.
June 6, 2014
Topic: Transfer Pricing
Speaker: Heather Dean, Partner, Hughes Pittman & Gupton, LLP
CPE: 1 hour CPE Credit
May 2, 2014
Topic: Tools To Be A More Effective CFO
Speaker: Craig Stone
April 11, 2014
Topic: "What Makes Gazelles Run?"
Speaker: Jim Jubelirer, Owner of Jubelirer Results Group
"Gazelles" refer to a small class of companies that grow 20 percent or more annually for four years, at least doubling their revenue in the process. Although they account for only a small percentage of all firms, they account for a majority of the new jobs in the economy. Gazelles are different than elephants, who are slow and not very innovative, and mice, who run around but fail to develop. Gazelles are small firms that grow quickly and create employment.
“We look forward to hearing Jim Jubelirer’s presentation about the key drivers that enable firms to grow quickly and consistently over time”, says Mike Poe, RTP CFO Forum board member and CFO of XinRay Systems. “Jim is an accomplished presenter and business coach who can provide valuable insights on business strategy to executives.”
March 7, 2014
Topic: Foreign Corrupt Practices Act
Speaker: Sean King
February 7, 2014
Topic: Fund Raising in the New Environment
Speaker: Fred Hutchison & Helga Leftwich
January 8, 2014
January 2015 Social Event
Lonerider Brewing Company, 8816 Gulf Court #100, Raleigh, NC 27617
The RTP CFO Forum Board is pleased to announce the January 2014 social event that will replace the normal January meeting.
As part of this event, CFOs will socialize with other CFOs and be given a tour of the “Hideout” and a chance to sample some of Lonerider’s seasonal selections as well as their award-winning signature brews. In addition, Lonerider is arranging a special sampling of one of their beers fresh from the fermenter!
Sponsored By: HireNetworks and RPG Solutions.
HireNetworks is a Triangle-based firm proving nationwide recruiting, staffing, and executive search services. HireNetworks fills accounting and finance jobs from financial analyst level to the CFO. They pride themselves on their senior recruiting team and reputation in the industry. For more information, please visit www.hirenetworks.com. RPG Solutions is the largest independent employee benefits and HR consulting firm headquartered in Raleigh. They have a unique value proposition by offering employee benefits and fractional HR consulting. RPG’s goal is to be a true partner to their clients: acting as an extension of their HR Department.
Topic: Lessons Learned: A Conversation with Seasoned Company Advisors
Speakers: Adam Buchanan, Tax Partner at EisnerAmper, Tim Goettel, Partner at Smith Anderson LLP, Kim Korando, Partner at Smith Anderson LLP, and Charles Shook, Partner and Founder of Trestle Capital Partners
Mistakes are a part of life, and learning and growing from those mistakes is a critical part of developing as a professional and as a leader. A distinguished panel of professionals who have represented a wide range of companies will share mistakes that they have seen and experienced in counseling clients in a number of different areas, including the areas of corporate law, acquisitions and divestitures, human resources, capital markets and tax. The panel will aim to provide practical tips and guidance for professionals to consider so that they might avoid some of these common traps that companies often face.
Adam Buchanan is a Partner in EisnerAmper’s Raleigh tax practice. During his career he has advised clients on both the entity and individual income tax aspects of all stages of the business life cycle – from formation and entity choice to eventual exit or succession. Adam has two undergraduate degrees from Oklahoma State University: one in International Business and one in Accounting. In addition to being a licensed NC CPA, Adam also holds FINRA Series 7 and Series 66 securities licenses and is heavily involved in his firm’s wealth management practice.
Tim Goettel is a Partner at Smith Anderson LLP, where he handles complex acquisitions and divestitures across a range of industries, advises clients on significant corporate governance matters, and represents issuers in public and private offering and financing transactions. Tim received his undergraduate degree from Duke University and his law degree from the University of Virginia School of Law.
Kim Korando is a Partner at Smith Anderson LLP, and she is recognized as one of North Carolina’s leading employment lawyers by numerous credentialing publications. She founded the firm’s Employment, Labor and Human Resources practice group and served as its inaugural leader. She received her undergraduate and law degrees from the University of Oklahoma.
Charles Shook is a partner and founder of Trestle Capital Partners, a boutique merchant banking firm located in Raleigh and focused on providing M&A and capital markets advisory services to privately held, middle market companies. Prior to founding Trestle Capital Partners in 2003, Charles built and led the private equity group of Harbert Management Corporation, a diversified alternative asset management firm based in Birmingham, AL that manages capital for a Forbes 400 family, as well as for third party institutional and high net worth investors. He has also worked as a management consultant and an investment banker. Charles received a B.A. in economics from the University of North Carolina and an M.B.A. from the Darden School of Business at the University of Virginia.
April 18, 2024
Topic: The New Three 'Rs' of Talent: RECRUITMENT, RETENTION, & RESOURCES
Speakers: Kristen Barnett, Senior Director, Vaco, John Whelehan, CPA, Associate Director, Vaco and John Wojcik, Senior Director of the WakeWorks Apprenticeship Program, Wake Tech
In today’s human capital environment, those that understand the importance of how talent provides solutions for business imperatives will grow and sustain their enterprises. This Lunch & Learn session will increase your knowledge and insights of our labor market and how WakeWorks has become a strategic partner for many companies and organizations in the Triangle. The program will be sponsored by Vaco in collaboration with the WakeWorks Apprenticeship Program at Wake Tech.
With twenty apprenticeship programs and thirteen career fields, Wake Tech serves over 75,000 degree seeking and students and continuing education adult learners. Based in Brentwood, Tennessee, Vaco has over 40 offices in North America with three in North Carolina including Raleigh that specializes in Accounting/Finance, Technology & Digital, and HR & Operations.
Kristen Barnett is a Senior Director on Vaco’s interim and project-based consulting team with over ten years of recruiting industry experience connecting the top accounting, finance, and HR talent in the market with Raleigh’s leading companies. Kristen is adept at assessing a company’s needs and matching those needs with the ideal consultant support. She has an MBA from the University of Maryland and extensive experience motivating and leading teams.
John Whelehan is an Associate Director on Vaco Raleigh’s Accounting & Finance direct hire recruiting team. As a CPA with 9 years of tax experience in public accounting, this former Upstate New York native uses his knowledge and passion about people to help candidates find their dream accounting and finance roles. John takes pride in partnering with his clients and candidates to help them achieve long-term success.
John Wojcik serves as the Senior Director of the WakeWorks Apprenticeship Program at Wake Tech Community College. With over four decades of experience in Supply Chain and Operations Management across diverse regulated industries, John brings a wealth of expertise to his role. His commitment to workforce development and skills training is deeply ingrained, reflecting a career-long dedication to addressing the critical challenges faced by businesses in this arena.
At Wake Tech Community College, John leads the charge in developing and implementing Apprenticeship initiatives designed to bridge the gap between industry demands and the capabilities of the workforce. His tenure at Wake Tech has been marked by a proactive approach to tackling the multifaceted challenges inherent in workforce development. Drawing upon his extensive background, John understands the nuanced complexities of various regulated sectors and has consistently demonstrated his ability to navigate these intricacies.
John's impact extends far beyond traditional manufacturing settings, encompassing all facets of organizations. Recognizing the evolving landscape of industry demands, he remains at the forefront of developing innovative Apprenticeship programs tailored to meet the needs of modern businesses. Through his leadership and strategic vision, John empowers individuals with the skills and knowledge required to thrive in today's competitive environment, ultimately driving growth and success for both companies and their employees.
WakeWorks® Apprenticeship is a partnership between Wake Tech and Wake County to address a shortage of technical workers in the region while giving students a unique opportunity to earn an income while learning new skills.
Apprentices can gain on-the-job training at local employers, learning sought-after skills in various fields and garnering industry-recognized credentials and degrees – all while earning a paycheck. Registered apprenticeships require a minimum of 2,000 hours of training and 144 hours of classroom instruction, and many lead to permanent employment. Apprentices are awarded an official JourneyWorker’s certificate upon completion of the apprenticeship, signifying they have mastered the skills in their field.
December 13, 2023
Topic: Year End 2023 Tax Discussion: Recurring Pain Points and Outlook for 2024 and 2025
Speaker: Adam E. Buchanan, Corporate Tax Partner, & Mike A. Luistro, Senior Tax Manager, of Hughes Pittman & Gupton, LLP
Please join us for the final RTP CFO Forum meeting of 2023! Adam Buchanan and Mike Luistro from Hughes Pittman & Gupton, LLP will be rounding out the year as our speakers. During this discussion, we’ll touch on the current status of the onerous Sec. 174 R&D capitalization requirements (still in effect for 2023), as well as some longer-term planning topics related to the sunset of the Tax Cuts and Jobs Act on the horizon for 2025. CPE CREDIT WILL BE PROVIDED.
Adam Buchanan has over 20 years of experience in public accounting. He joined Hughes Pittman & Gupton, LLP in June of 2013. He was previously with Grant Thornton, LLP in Raleigh and prior to that, Arthur Andersen, LLP.
Adam is part of the Firm’s corporate tax practice. He has experience working with clients in a variety of industries including biomedical and pharmaceutical, software and technology development, manufacturing and distribution, retail and hospitality, and venture funds. His experience also includes working with owner-managed businesses in a variety of industries, from the start-up phase to eventual exit by the owner. Adam has focused a significant portion of his career on accounting for income taxes pursuant to ASC 740, including Accounting for Uncertain Tax Positions, SEC reporting, and internal controls of the tax function for SOX compliant companies.
Mike Luistro has 10 years of experience in public accounting. He started his career at Hughes Pitman & Gupton, LLP as Tax Staff after receiving his bachelor’s degree in accounting and management information systems, and his master’s degree in accounting from the University of North Carolina at Wilmington.
Mike has worked with both public and nonpublic companies across a variety of industries, with a primary focus in corporate taxation. He has experience with startups, life science companies, partnerships, and S corporations. Mike’s experience in these industries includes preparing tax returns, calculating R&D tax credits, preparing 5471’s and other foreign corporation forms.
September 27, 2023
Topic: The Evolution of Restrictive Covenants, Non-Competes, and Other Workplace Contracts
Speaker: Carrie B. Cherveny, Esq., Chief Compliance Officer and Senior Vice President, Strategic Client Solutions, HUB International
Restrictive covenants have been a tool frequently used by organizations to protect their intellectual property, their client base, and their employee population. Well-crafted restrictive covenants can have a significant impact on the organization’s value and competitiveness in its industry. However, various states and federal agencies have been targeting various forms of restrictive covenants such as non-competition agreements and developing regulations that limit their use and validity under various circumstances. Navigating this hot topic and evolving landscape can be difficult – during this session we will “catch you up” on where many of the more aggressive states and the federal agency proposed regulations stand. More specifically – we will talk about:
• The Federal Trade Commission proposed regulations limiting (and voiding) non-competes
• The National Labor Relations Board position and national General Counsel Memo in opposition to the use of non-competes
• A review of some of the more aggressive states and their positions on non-competes and restrictive covenants
Join us for this important session to get “up to speed” on the validity of your organization’s restrictive covenant practices.
June 2023 SOCIAL
CANCELLED
May 11, 2023
Topic: Risk Management around Data and Cyber Thefts
Speakers: Mayukh Sircar and Angela Doughty, CIPP-US, Privacy and Data Security Attorneys with Ward and Smith, P.A.
The speakers will discuss the Role of the C-Suite in Preparing for Data Breaches and Security Incident Response Plans
Topics:
• Introduction to Ward and Smith's Data Privacy and Security Practice
• Overview of Security Incidents, Data Breaches, and Ransomware
• Who Needs Seats at the Team Table
• Data Security Response Plans
• Questions
Angela Doughty - North Carolina State Bar Board Specialist in Trademark Law and a Certified Information Privacy Professional- United States (CIPP/US); Ward and Smith's Director of Legal Innovation.
In her Privacy and Data Security practice, Angela advises clients on all aspects of privacy and security regulations including evaluating and implementing compliance programs, responding to data breaches and security incidents, drafting privacy notices and policies, and negotiating consumer and vendor contracts. Her practice encompasses counsel on a wide variety of state and federal regulations such as Health Insurance Portability and Accountability Act (HIPAA), Health Information Technology for Economic and Clinical Health (HITECH), Gramm-Leach-Bliley Act, the Fair Credit Reporting Act (FCRA), CAN-SPAM, Children’s Online Privacy Protection Rule (COPPA), General Data Protection Regulation (GDPR), and other international data transfer mechanisms.
Mayukh Sircar - Data Privacy and Security Attorney, Ward and Smith, P.A.
Mayukh offers keen insights and practical knowledge of privacy and data security law to help clients turn cybersecurity risks into manageable business opportunities. He advises businesses in various industries on developing privacy protection practices, such as the legal requirement and risks associated with the collection, storage, transfer, use, protection, and data disposal. He also counsels clients on structuring and operationalizing privacy compliance programs, data breach response and planning, contract and vendor management, and licensing and technology transactions.
March 28, 2023
Topic: Trends and Challenges within Hiring in RTP
Speakers: Becky Acevedo & John Whelehan, VACO Holdings
HAPPY 2023! Yes, it’s a bit after New Years, but with Spring currently blooming, what better way to start off the season right with a little get-together with a twist? Please join us for an opportunity to socialize and re-connect with your fellow CFOs in the Triangle area. It’s a great opportunity to reestablish old relationships and make new ones. The RTP CFO Forum is hosting March’s Social Event at Carolina Exotic Car Club. The event is sponsored by VACO, who will hold a brief and informal session, more geared toward facilitating conversation between attendees.
Wine, beer, and a social buffet-style meal will be provided by Carolina Exotic Car Club.
VACO will review current trends within hiring and workforce strategy, with examples of what local clients are facing, and how they’ve adapted for the next quarter. This will be an interactive session for attendees to add their own experiences, including upcoming goals and challenges regarding talent, engagement, and retention.
Location: Carolina Exotic Car Club, 3107 Glen Royal Rd., Raleigh, NC 27617
(919) 745-8880 www.joincecc.com
Carolina Exotic Car Club is a custom built, truly unique facility which combines all aspects of service and amenities for exotic and collector car owners. CECC is a private, membership only club and storage facility which combines an active social club with secure climate controlled storage, on-site maintenance and repair, detail, private event venue rentals, catering, enclosed transport and much more.
Sponsor: VACO https://www.vaco.com/
With expertise in accounting and finance, technology, operations, supply chain management, and governance, risk and compliance, Vaco Holdings encompasses a unique family of brands that provides end-to-end enterprise solutions: Focus Search Partners, a retained executive search practice; MorganFranklin Consulting, a finance, technology and business advisory firm; Pivot Point Consulting, a Best in KLAS healthcare IT consulting leader; and Vaco, a talent solutions company providing strategic staffing and direct-hire solutions. Since its founding in 2002, the company has grown to serve more than 12,000 clients across the globe with 10,000 employees. For the past 16 years, Vaco Holdings has made Inc. magazine’s list of the fastest-growing private companies.
Becky Acevedo
Becky is NC CPA and a Senior Associate on Vaco’s Accounting & Finance team. Prior to joining Vaco, Becky spent five years in public accounting in the audit practice with KPMG and almost two years working for a professional services firm in the private equity industry. Becky enjoys building relationships with her candidates and client’s by connecting with them through her accounting experience to help match the right talent with our clients.
John Whelehan
John is an Associate Director on Vaco Raleigh’s Accounting & Finance direct hire recruiting team. As a CPA with 8 years of tax experience in public accounting, this former Upstate New York native uses his knowledge and passion about people to help candidates find their dream accounting and finance roles. John takes pride in partnering with his clients and candidates to help them achieve long-term success.
December 15, 2022
Topic: Managing Volatility in a Down Market
Speakers: Steven Katzenstein & Jennifer McKinnon, CFP, Financial Advisors of HPG Wealthcare Advisors, LLC
Please join us the morning of Thursday, December 15th, at the offices of Hughes Pittman & Gupton, where Steven Katzenstein and Jennifer McKinnon of HPG Wealthcare Advisors, LLC will be discussing strategies to help you navigate through the volatile markets and introduce investments designed to help buffer the down-side risks. The agenda will be as follows:
- Introduction of HPG Wealthcare Advisors, LLC.
- Bear Market Investing and Historical Recovery Patterns
- Investing with Buffer Exchange Traded Funds (ETF’s)
- Questions
- Conclude
Steven D. Katzenstein, Financial Advisor, HPG Wealthcare Advisors, LLC
Education and Professional Affiliations
- Bachelor of Science in Business Administration from the University of South Carolina
- Member of the Financial Planning Association
- Securities: FINRA Series 6, 7, 63 & 65 Exams
- Insurance: Life, Accident and Health,Variable Life & Annuity, Medicare Supplement, Long-Term Care
Jennifer A. McKinnon CFP, Financial Advisor, HPG Wealthcare Advisors, LLC
Education and Professional Affiliations
- Bachelor of Arts in International Economics and Business from Westminster College
- Bachelor of Arts in Spanish from Westminster College
- CERTIFIED FINANCIAL PLANNER™
- Securities: FINRA Series 7 and 66 Exams
- Insurance: Life, Accident and Health, Variable Life & Annuity, Medicare Supplement, Long-Term Care
November 17, 2022
Topic: Why Technology Is A Critical Driver of M&A Synergy
Speakers: Jeff Britton, Director, Technology Advisory, MorganFranklin Consulting and Chase Sommer, Partner, Accounting & Finance Solutions, Vaco
When two companies merge to become a single entity, value creation is traditionally viewed through the lens of three synergies: revenue, cost, and capital. However, a fourth critical driver of synergy exists and is often underestimated. Technology synergies, traditionally viewed as a subset of cost synergies, account for more than 50% of the total synergy value in most transactions. Therefore, technology should be considered a standalone driver of synergy to capture value.
To realize the potential value of technology synergies, considerable IT due diligence and post-transaction technology transformation must be undertaken, including cloud application adoptions, ERP footprint rationalizations, process automation (e.g., RPA , AI , ML ), and IT operational model redesign to combine the two companies. This process can be complicated and costly if done incorrectly; however, we identified five key enablers that lead to successful technology synergy realization.
Jeff Britton - Director, Technology Advisory, MorganFranklin Consulting
Jeff is a proven and trusted advisor, with almost 20 years of experience helping organizations optimize business processes and technology. He has significant experience in nonprofit, financial services, state & local govt, manufacturing, retail, and healthcare. Jeff’s core areas of expertise include Technology Strategy, Digital Transformation, IT Budgeting & Cost Optimization, Governance, Cybersecurity and Analytics.
Chase Sommer - Partner, Accounting & Finance Solutions, Vaco
Chase entered the recruiting industry with several years of public accounting and audit experience, giving him a unique inside understanding of how financial organizations run effectively, and what hiring managers are looking for when adding top talent to their teams. Chase achieved “Rookie of the Year” nationwide in 2018 and currently leads the Accounting & Finance permanent search practice for Vaco Triad.
October 20, 2022
Topic: Regional Economic Development Update
Speaker: Kyle Touchstone, Director Raleigh Economic Development Biography
Kyle Touchstone will give an update on current state of the regional economy through an economic development lens. This presentation will be as interactive as possible, as the speaker will have an extensive Q&A window to foster dialogue and make his comments as pertinent as possible.
As Director of Raleigh Economic Development, Kyle leads the economic development program for the City of Raleigh through business recruitment, business retention and expansion, and brand awareness activities and supports talent and equitable economic development. Kyle brings over 15 years of experience in economic development. A native of McComb, Mississippi, Kyle has led economic development efforts through similar public-private partnerships in Tallahassee, Florida; Chatham County, North Carolina; and the Dallas suburb of Irving-Las Colinas, Texas. Most recently, he worked with The Wooten Company where he spearheaded infrastructure funding efforts to support economic development projects for local communities across the Carolinas.
Kyle holds a Bachelor of Arts in Political Science and Communication from Mississippi State University and completed the Economic Development Institute (EDI) certificate program at the University of Oklahoma. In 2017, Touchstone was recognized by the Triangle Business Journal as a 40 Under 40 Leadership Award winner.
September 22, 2022
Topic: Building Shelter, Where People Work, Live and Play
Speaker: James Metcalf, Chairman & CEO of Cornerstone Building Brands
Please join the RTP CFO Forum and James Metcalf for an afternoon discussion on the CEO’s Journey of forming a new company. In 2018, James Metcalf merged 5 companies, forming the largest exterior building products company in the US, with over 21,000 associates. He will also discuss the critical aspects of the CEO-CFO relationship to the public market and all stakeholders.
James (Jim) Metcalf led the merger of NCI Inc. (NYSE) with Ply Gem to form Cornerstone Building Brands (NYSE) in 2018. Cornerstone is the largest exterior building products company operating in the U.S., Mexico & Canada. CNR has an expansive product offering of windows, doors, siding, and commercial buildings with more than 100 locations and 22,000 employees. Since the merger, Jim has lead an additional 9 transactions of acquisitions & divestitures growing revenue to over $6.7 billion.
Jim established the introduction of core values, mission and vision as well as renaming the company to Cornerstone utilizing input from employees, the Board and an outside consultant. The merger led to synergies and cost reductions amounting to over $240 million as well as 8 consecutive quarters of margin expansion.
EXPERIENCE
Over 40 years of leadership experience in both public and private companies spanning various industries from building products, automation and medical. Metcalf successfully de-leveraged the balance sheet through cost reduction, portfolio rebalancing, and operational excellence as well as growth through innovation and M&A.
August 18, 2022
Topic: Pandemic, Recession, Inflation, Another Recession: When Will the Economy Return to Normal?
Speaker: Michael Walden, Ph.D., William Neal Reynolds Distinguished Professor Emeritus at North Carolina State University and President of Walden Economic Consulting, LLC
Please join the RTP CFO Forum and Dr. Michael Walden for an afternoon review of the current economic recovery since the pandemic. Dr. Walden will discuss all the current issues that are confronting the economy including labor shortages, gas prices, inflation, and the current Federal Reserve policy. He will also provide a forecast for the upcoming years.
Michael Walden, Ph.D., is a William Neal Reynolds Distinguished Professor Emeritus at North Carolina State University and President of Walden Economic Consulting, LLC. During his 43 years on the faculty at NC State, Walden became recognized as an expert on the state economy and public policy. He is the author of twelve books and over 300 articles and reports, and he has made 3000 personal appearances. Walden is also a frequent contributor to the national and state media, and continues to write a biweekly newspaper column.
He has won numerous awards, including two Champion-Tuck Awards for Excellence in Broadcasting, the UNC Board of Governors Award for Excellence in Public Service, the Holladay Medal for Excellence from North Carolina State University, and the Order of the Long Leaf Pine.
His new book is Re-Launch: How the Family Can Be Renewed and the American Dream Revived in the New Independent Lifestyle of the Post-Pandemic Economy. Walden is a member of the North Carolina Economic Development Association, and he resides in Raleigh with his wife, Mary.
Summer 2022 Social
Date: Tuesday, July 26, 2022
Time: 6:00 - 10:00 p.m.
Location: Durham Bulls Athletic Park, 409 Blackwell St, Durham, NC 27701
Come watch the Durham Bulls play the Lehigh Valley IronPigs! It’s summer time and what better way to reconnect and network with your fellow CFOs and senior financial professionals then by watching a good old game of baseball! It has been nearly a year since our last social and, I don’t know about you, but I miss seeing people’s face an catching up on what all has been missed! It’s a great opportunity to reestablish old relationships and make new ones.
Guests are welcomed! Do you know a CFO who would be interested in learning about the RTP CFO Forum? Feel free to bring them along to socialize, network, watch baseball, and enjoy a meal!
Come join us on the Lynwood Brewing Concern Party Deck! Located along the third base line, this space includes all you've come to expect at the DBAP: all-you-can-eat buffet, game ticket and private event space. The Party Deck is located on the third base line of the Club Level.
June 23, 2022
CANCELLED DUE TO LOW TURNOUT
May 19, 2022
Topic: Transfer Pricing - Controlling Risk
Speaker: Mike A. Arena, Director – Transfer Pricing, Hughes Pittman & Gupton, LLP
Transfer pricing, which refers to the pricing of transactions between related parties, continues to be an aggressive area for the IRS and tax authorities around the world. This presentation will dive into several examples to show where risk can arise for companies operating in multiple tax jurisdictions.
Michael Arena leads Hughes Pittman & Gupton’s transfer pricing practice. Michael has been helping companies deal with transfer pricing issues for over 13 years. Michael advises companies on matters related to determining, evaluating, and documenting intercompany pricing arrangements for tangible and intangible property, services, and financial transactions. His experiences include transfer pricing policy design for multistate and multinational purposes, global documentation studies, profit sharing and royalty analyses, mergers and acquisitions due diligence, and audit defense in the U.S. and abroad.
Michael has worked with clients in a variety of industries including life sciences and pharmaceutical, software and technology, manufacturing and distribution, retail, specialty chemicals, real estate, automotive, railroad, and private equity funds.
Before joining HPG, Michael worked at PwC. He received his undergraduate degree in finance at Georgetown University, and his J.D. from Washington University School of Law in St. Louis. He is a member of the North Carolina State Bar.
April 17, 2022
CANCELLED DUE TO LOW TURNOUT
March 17, 2022
Topic: Hiring in the 2022 Competitive Market
Speakers: Crystal Suazo, CPA, Partner at Reagan Madison, and Cristen Vaughn McHenry, Director of Recruiting at Reagan Madison Inc.
Please join us as Crystal Suazo and Cristen Vaughn McHenry of Reagan Madison will speak on hiring practices in 2022. Learn how to hire effectively in a candidate-driven marketplace. They will provide tips and tricks to set your company/position apart from other offers your top candidate might be receiving and considering alongside of yours.
Crystal Suazo is a Partner of Reagan Madison, a consulting firm providing expert services, contract solutions, and permanent placement in the accounting, finance, pharmaceutical, life science, and various other industries.
She is responsible for coordination of corporate alliances, business development and strategic planning for the firm. She also manages client and candidate relations in Reagan Madison’s Accounting and Finance consulting practice.
Reagan Madison’s comprehensive offering of business services allows your company to fill in need-based gaps, provide professional support and training to employees, provide an outside perspective, and align itself for future growth.
Cristen Vaughn McHenry is the Director of Recruiting at Reagan Madison Inc. where she is responsible for managing relationships with job seeking candidates in the marketplace. She has over 11 years of recruiting experience both on the internal corporate side as well as external industry recruiting. She specializes in a variety of industry placements, including accounting and finance, biotechnology and pharmaceutical, information technology, construction, and more.
February 17, 2022
Topic: 2022 Outlook: Top Risks for Employers
Speaker: Carrie Cherveny, Senior Vice President, Strategic Client Solutions and Chief Compliance Officer, Employee Benefits Southeast, HUB International Southeast
While many private employers are breathing a sigh of relief since the Supreme Court issued its stay of the OSHA vaccine mandate or test standard, the journey is not yet over. Many states and municipalities are enacting their own statues addressing vaccine requirements, prohibited vaccine mandates, and masking requirements. Likewise, employees are bringing increasing litigation for whistle blower and ADA violations. In this program, we will address the outlook for 2022 and some of the top risks for employers.
Carrie Cherveny is the Senior Vice President of Strategic Client Solutions in HUB’s Risk Services Division. Carrie has 20 years of combined experience in employee relations, human resources, employment law litigation, and employee benefits legal guidance. Carrie works closely with clients to identify compliance risks across the organization and develop responsive strategies and solutions that ensure compliance and further the overall organization goals. Carrie partners with HUB clients in various industries such as hospitality/restaurant, medical/hospitals, manufacturing, and white-collar businesses to identify various organizational risks and develop responsive strategic solutions.
Previously, Carrie B. Cherveny, Esq. served as the Chief Compliance Officer for the Southeast Region of HUB International, supporting the organization’s Employee Benefits Division. In this role, Carrie was responsible for providing compliance and consulting services regarding general health plans, ACA, ERISA, and other legal matters involving employee benefit programs.
Most recently, Carrie was General Counsel and Vice President for a national PEO designing and developing client compliance strategies and solutions
While working previously as a Partner in a West Palm Beach Employment Law firm, Carrie focused her practice in the area of employment litigation and employee relations in both state and federal courts. She has represented private sector employers in litigation under Title VII, the ADA, the ADEA, the FLSA, the FMLA, the Florida Civil Rights Act, and the Florida Whistleblowers’ Acts.
Winter 2022 Online Social
CANCELLED DUE TO COVID
December 9, 2021
Topic: Tax Law Changes – Year End 2021 and Beyond
Speaker: Adam Buchanan, Tax Partner, Hughes Pittman & Gupton, LLP
Adam Buchanan has selected what he believes to be key tax law changes on the horizon, and how they will impact businesses and owners/stakeholders. We’ll discuss enacted changes that are certain to take effect, as well as anticipated legislation and its effects. Topics will range from some game-changers in terms of how many more companies will be paying cash tax for the first time….. to what an exit will look like for founders and owners from a tax perspective.
Adam Buchanan has over 20 years of experience in public accounting. He joined Hughes Pittman & Gupton, LLP in June of 2013. He was previously with Grant Thornton, LLP in Raleigh and prior to that, Arthur Andersen, LLP.
Adam is part of the Firm’s corporate tax practice. He has experience working with clients in a variety of industries including biomedical and pharmaceutical, software and technology development, manufacturing and distribution, retail and hospitality, and venture funds. His experience also includes working with owner-managed businesses in a variety of industries, from the start-up phase to eventual exit by the owner. Adam has focused a significant portion of his career on accounting for income taxes pursuant to ASC 740, including Accounting for Uncertain Tax Positions, SEC reporting, and internal controls of the tax function for SOX compliant companies.
November 18, 2021
Topic: The Great Employment Reset: Managing Growth Amid Resignations, Retirements & Metaverses
Speakers: Dana Gower MBA CCP, Business, Talent & Wealth Strategist & John M. O'Connor MFA CPRW CCM, President & Executive Career Coach
Arguably, we are experiencing one of the biggest changes in the nature of jobs, workplace dynamics, career transitions and hiring activity in history. This monumental shift is as if we were experiencing The Industrial Revolution, The Great Depression, and a WWII post war economic boom all at the same time. The result is that while many businesses have shuttered, others can not hire the basic talent they need to keep up with demand, as seen in the numbers from September 2021 where in the US we had 10 million job openings and 8.4 million unemployed workers.
Economists have long predicted labor shortages due to the aging of baby boomers, but the COVID pandemic seems to have perpetuated the problem. Millions decided to take early retirement. The counter to this trend has been the belief that continued automation/robotization of the workplace will have the opposite effect and we will see ongoing mass unemployment in the not-so-distant future. Regardless of these contradictions, change is happening. The advent of remote work, demands for increased pay, more meaningful work, work/life balance and Diversity/Equity/Inclusion (DEI) initiatives are front and center for many job-seekers and even millions of workers who have or are thinking of resigning for better conditions.
As a CFO responsible for helping protect, grow and guide your organization's finances, being aware of these trends and the challenges they present is critical to the success of your company and your own survival. Potential solutions exist, some easier than others, and we'll outline a few ideas of ours for you in this upcoming session. Likewise, we'll invite you to offer your experiences and any solutions you see to this multi-dimensional challenge.
Dana Gower is VP at CareerPro Inc. and co-author of the CAREERING book on Amazon, co-founder of the Career Network Ministry, and creator of The BOOMERNOMICS Webinar, an online educational program and new book by the same name: BOOMERNOMICS - The Baby Boom Generation's Guide To An Encore Career, Fulfilling Retirement and Remarkable Legacy.
He has a demonstrated history of running a hedge-type mutual fund, served as a financial, retirement and talent/career advisor for more than 20 years, and worked as a human resources, compensation and benefits manager for a Fortune 500 company for the prior 15 years. Dana holds undergraduate degrees in economics and finance as well as a graduate degree in finance.
In addition working in his family's small, but global business as a youngster growing up in Maine, plus a major a Fortune 500 in Texas, South Carolina, Vermont, and North Carolina, Dana has also worked with 5 start-up companies in Research Triangle Park area of North Carolina in the not-so-distant past.
All together, he has around 40 years' diversified business and individual client experience.
John M. O'Connor is founder and president of CareerPro Inc., a veteran and woman-owned business serving clients for over 30 years now. Amoung many accomplishments in the world of career services, executive leadership coaching, and corporate outplacement, John has successfully added executive recruitment to the firm's practice.
An avid writer, John is the most quoted career coach for Forbes Online, was the first private practice Reach Branding Certified Specialist in North Carolina, is a Certified Professional Resume Writer and was the first Certified Federal Job Search Trainer in the nation. As a former visiting professor in creative writing at his alma mater, Bowling Green State University, he is a sought after author and contributor also to stories for Monster.com, CNN-Money, The Ladders and the Wall Street Journal.
"We devote our time, energy and effort to help people maximize their careers and organizations maximize their leadership and talent, while protecting their employer brand. We work with people and organizations through good and bad economic times."
Finally, John serves as expert witness in career issues within the state court system, is a podcaster, a keynote speaker and Army veteran.
October 21, 2021
Topic: The Economy in the Post Covid World
Speaker: Dr. Michael Walden, Economics Professor, North Carolina State University (NCSU)
Please join us for this month’s meeting where Michael Walden will discuss where the economy is now, where it is going, and how the post-covid economy will be different than the pre-Covid economy. His emphasis will be on North Carolina and the Triangle. He will also discuss some content from his forthcoming new book: “Re-Launch: How Families Can Be Renewed and the American Dream Revived in the Post-Pandemic Economy.”
Michael Walden is a William Neal Reynolds Distinguished Professor Emeritus at North Carolina State University and President of Walden Economic Consulting, LLC. During his 43 years on the faculty at NC State, Walden became recognized as an expert on the state economy and public policy.
He is the author of twelve books and over 300 articles and reports, and he has made 3000 personal appearances. Walden is also a frequent contributor to the national and state media, and continues to write a biweekly newspaper column. He has won numerous awards, including two Champion-Tuck Awards for Excellence in Broadcasting, the UNC Board of Governors Award for Excellence in Public Service, the Holladay Medal for Excellence from North Carolina State University, and the Order of the Long Leaf Pine.
His newest books are Real Solutions and Disunionia: A Political Thriller. His upcoming book, Re-Launch: How Families Can Be Renewed and the American Dream Revived in the New Independent Lifestyle of the Post-Pandemic Economy will be published in February 2022. Walden is a member of the North Carolina Economic Development Association, and he resides in Raleigh with his wife, Mary.
September 16, 2021
Topic: The Financials of Risk Management & Mitigation | Navigating Potential Pitfalls in Cyber-Insurance
Speakers: Dan Litman, Director of Sales, ATCOM; John Cameron, Technical Solutions Architect, ATCOM; and Lawrence Boening, CIO/CTO, ATCOM
Please join us digitally for a discussion on information technology trends, specifically the topics of cyber risk and cyber insurance, presented by three speakers from ATCOM: Dan Litman, John Cameron, and Lawrence Boening. The agenda for this presentation is:
- The Acceleration of Cyber Risk
- The Changing Perspective of Cyber Insurance Utility & Value
- Why Is Cyber Risk Insurance Cost Increasing While Coverage Limits Are Decreasing?
- Potential Gaps in Policy Coverage
- Offsetting Cyber Risk through Technology
- Monitoring & Managing Ongoing Cyber Risk
- Participant Open Discussion Forum and Questions
Lawrence Boening, ATCOM CIO/CTO, is an innovative corporate executive and trusted technology partner with over 35 years devoted to creating and managing successful B2B technology businesses and providing technology solutions and strategies, compliance and risk management, product development and marketing and sales strategies. Lawrence utilizes his depth of business and technology expertise to provide powerful consultative professional services including vCIO, vCTO and vCOO engagements for organizations in the Mid-Atlantic region.
John Cameron is a 25 year technology sales and service veteran helping guide major technology initiatives for such companies as BB&T and IBM; before turning his direction toward the development of a managed services practice for ATCOM. Before entering the private business sector, John served as a submarine nuclear engineer in the Unites States Navy, and is a graduate of East Carolina University.
Dan Litman has been in Technology for over 25 years. Starting in telecom in the late 90’s in the Washington, D.C. area, he moved to Raleigh in 1997 to manage the data specialists of locally headquartered BTI, who helped design wide area networks for their customers. After that, Dan moved to ATCOM to pursue his passion of helping customers work more effectively and productively with solutions that included VoIP, IT Managed services, and Cloud Solutions. Dan has managed the sales team for the last 17 years at ATCOM, where customer first is a standing principle in the organization.
ATCOM is an IT Managed Service provider, headquartered in the Triangle for over 40 years, with a Professional Services practice built to help C level executives plan and build proper technology policy and procedures in their business.
August 19, 2021
Topic: Employer Retention Credit
Speaker: Clint Foster, National Sales Representative, Synergi Partners
Clint Foster of Synergi Partners will demystify the revised CARES Act legislation from December 2020 where Congress revised relief options available to businesses affected by the pandemic, expanding Employee Retention Credits (ERC). This legislation created opportunities for previously excluded recipients of PPP. To be eligible businesses must have been fully or partially suspended by government orders OR experienced a reduction in year over year gross recipients of 50% in 2020 or 20% in 2021. Clint will explain how most businesses are eligible for ERTC. Other points of interest he will cover include:
-Synergi Partners’ boutique approach and experience on the Employee Retention Credit
-Common misconceptions surrounding this credit
-Eligibility and qualifications
-Potential credits and examples
-Synergi Partners’ process and timelines
-Q&A
Clint Foster has been focused on his clients’ success for over 15 years. For the last two years, he has been passionate about helping his clients recover from natural disasters through business tax incentives. His expertise in tax credits, most recently the Employee Retention Credit piece of the CARES Act, has allowed him to help his clients claim millions of dollars in credits they would have previously missed out on. A native to Easley SC, Clint graduated from Francis Marion University with a degree in Marketing but it is his passion for people that brought him to this line of work. He lives and works in Florence SC, but has helped companies nationwide find much needed credits in a time of need.
Summer 2021 Social
Date: Wednesday, July 28, 2021
Time: 5:00 - 8:00 p.m.
Location: Level7 Rooftop Bar, AC Hotel, 101 Park at North Hills St., 7th Floor, Raleigh, NC
Please join us for an opportunity to once again meet in-person and socialize with your fellow CFOs in the Triangle area. It’s a great opportunity to reestablish old relationships and make new ones. The RTP CFO Forum is hosting July’s Social Event at Level7 Rooftop Bar. The event is sponsored by HUB International Raleigh, OneDigital, and SouthState Bank.
Located at the AC Hotel Raleigh North Hills, Level7 is Raleigh’s distinctive, energized space for tapas style bites and samplings from small batch distillers, rock star brewers and single vineyard labels. With a flavor all its own, Level7 is a European inspired experience with North Carolina spirit and Raleigh soul overlooking the North Hills neighborhood.
There will also be giveaways with fantastic prizes for attendees.
June 17, 2021
Topic: Tony Atti – Stories and Experiences from Behind the Curtain
Speaker: Tony Atti, Director, Co-Founder, & CEO of Phononic
Join us at HUB International for our first in-person meeting in over a year! The speaker, Tony Atti of Phononic, will talk about his history as an entrepreneur and what he learned from it, as well as speak on the history, challenges, and experiences he’s had with his current company.
There is also a dramatic change that is going on in the Triangle right now, which Tony will discuss, and the role finance plays. The Triangle is a vibrant entrepreneurial community, and Phononic has played a quiet, but important, role behind the scenes, bringing in some of the big names you’ve read about. They’ve been working with a bunch of the local entrepreneurial groups prepping them for what’s coming…expectations are now bigger and the region needs to be prepared.
Dr. Atti is an experienced energy technology investor, entrepreneur, and executive who has demonstrated expertise and leadership in venture financing, business development, start-up growth and operations, and negotiating joint venture relationships.
As co-founder and CEO at Phononic, he’s led the development and growth of the company as the leading innovator of solid-state cooling and heating management solutions through accretive venture capital and institutional investor support. As a former Director at MHI Energy Partners, a seed- and early-stage energy private equity fund, Dr. Atti managed deal flow networks, conducted due diligence, structured venture financing transactions, and provided direct portfolio company leadership.
Dr. Atti earned his Ph.D. in Organic Chemistry from the Loker Hydrocarbon Research Institute at the University of Southern California. Dr. Atti also holds an MBA from New York University and a bachelor’s degree in Biochemistry from Ithaca College.
May 20, 2021
Topic: Regional Economy & Economic Development Overview
Speaker: Michael Haley, Executive Director of Wake Co. Economic Development; SVP of Raleigh Chamber of Commerce
Join our speaker, Michael Haley, as he provides a brief overview of Wake County Economic Development, their Pillars of Focus, stats, and an overview of the regional economy. This will be followed by a robust discussion and Q&A session.
Michael Haley is the Executive Director for Wake County Economic Development and the Senior Vice President of the Greater Raleigh Chamber of Commerce. Wake County Economic Development – a public private partnership between Wake County, the City of Raleigh, and the private sector – is the lead economic development agency for Wake County. Michael leads WCED’s business recruitment, retention and expansion; marketing and public relations; talent recruitment and retention; and support of entrepreneurship.
Prior to his current role, Michael served as the Director of Business Recruitment and Expansion for WCED. Prior to joining WCED, Michael served as a Public Policy Analyst and then the Public Policy Director for the North Carolina Department of Commerce.
Michael was named one of the Top 50 Economic Developers in North America in 2019 by Consultant Connect. Consultant Connect, is a consulting agency designed to bridge the gap between economic developers and site consultants.
Michael was also named the North Carolina Economic Developer of the Year for 2019 by the NC Economic Development Association. Each year, the award goes to an Economic Development professional in North Carolina based on the following criteria: NCEDA member who made significant and measurable contributions to economic development.
April 22, 2021
Topic: Sales Is Not A Four-Letter Word
Speaker: Larry Long Jr., Founder and CEO of Larry Long Jr. LLC
Sales can sometimes have a negative stigma. This presentation will break-down any negative connotations you have around 'Sales', as we dig in on the fundamentals from a unique, people-centric perspective and learn about areas for improving selling skills and increasing Sales. Plan to walk away with action items to implement, and accelerate your business... RIGHT NOW!
You will also have the opportunity to ask specific questions to a sales acceleration expert, around any sales-related challenges being faced by your organization.
Larry Long Jr. is the Founder and CEO of Larry Long Jr. LLC, which focuses on sales motivation, inspiration, training & coaching, and the host of the ‘Midweek Midday Motivational Minute’. He is also Co-Founder and Lead Instructor of The Sales Allies, an online sales training course and supportive community designed to uplift the sales community.
Larry is extremely passionate about coaching, and helping professionals take their game to the 'next level'. As an experienced sales leader with a demonstrated history of success in SaaS sales, Larry brings a unique perspective to the table and understands many of the challenges faced by sales professionals.
His areas of experience include Sales Training, Team Development, Leadership, & Motivation within organizations of all stages (start-up to publicly traded). Practicing what he preaches, Larry continuously seeks opportunities to learn & grow. Larry looks forward to assisting your organization.
March 18, 2021
Topic: AI Automation & The Future of Work
Speaker: Mark Parzygnat - IBM Program Director, AI Automation
Automation adoption has been key for many businesses for generations. Now we are at an inflection point thanks to technology which includes artificial intelligence (AI), Machine Learning, Cloud Computing, IoT and Blockchain. This enables us to remove our mundane work and become super human workers as we work together with technology. The impact is at work, bringing together IT and Business along with at home in day-to-day tasks. Mark Parzygnat will provide examples, where we are going and how automation 2.0 will change our lives for the better.
Mark Parzygnat is a recognized leader and evangelist in emerging and open source technologies. He has been with IBM for 23 years with a background in development, product offering, strategy and especially over the last 10 years, emerging technologies. Mark has filed many US Patents in emerging technologies. Mark is most recognized as one of the founders for Enterprise Blockchain technology and his work with the Linux Foundation, and the industry leading technology in Hyperledger Fabric. Today, Mark is leveraging his experience, leading AI Automation. If you’d like to follow him on social media, his Twitter account is: @MeetMarkP
February 18, 2021
Topic: COVID 19: Vaccines & Employer Responsibility / Liability
Speaker: Carrie Cherveny, Senior Vice President, Strategic Client Solutions and Chief Compliance Officer, Employee Benefits Southeast, HUB International Southeast
As the COVID-19 vaccine becomes widely available, employers will need to assess and/or develop a vaccination policy and plan. As an employer, it’s important to have a thorough understanding of what a vaccine program means regarding employment law, compliance, employee well-being and education. In this program we will review the various employment laws and practical considerations regarding building and implementing a vaccination program.
Carrie Cherveny is the Senior Vice President of Strategic Client Solutions in HUB’s Risk Services Division. Carrie has 20 years of combined experience in employee relations, human resources, employment law litigation, and employee benefits legal guidance. Carrie works closely with clients to identify compliance risks across the organization and develop responsive strategies and solutions that ensure compliance and further the overall organization goals. Carrie partners with HUB clients in various industries such as hospitality/restaurant, medical/hospitals, manufacturing, and white-collar businesses to identify various organizational risks and develop responsive strategic solutions.
Previously, Carrie B. Cherveny, Esq. served as the Chief Compliance Officer for the Southeast Region of HUB International, supporting the organization’s Employee Benefits Division. In this role, Carrie was responsible for providing compliance and consulting services regarding general health plans, ACA, ERISA, and other legal matters involving employee benefit programs.
Most recently, Carrie was General Counsel and Vice President for a national PEO designing and developing client compliance strategies and solutions
While working previously as a Partner in a West Palm Beach Employment Law firm, Carrie focused her practice in the area of employment litigation and employee relations in both state and federal courts. She has represented private sector employers in litigation under Title VII, the ADA, the ADEA, the FLSA, the FMLA, the Florida Civil Rights Act, and the Florida Whistleblowers’ Acts.
Winter 2021 Online Social
CANCELLED DUE TO COVID
December 10, 2020
Topic: What’s the Latest on PPP Loan Forgiveness?
Speaker: Liz Broadway, CPA, HPG Partner
Please join us for our final meeting of 2020! Our speaker, Liz Broadway, CPA and partner at Hughes Pittman & Gupton, LLP will be presenting on the Paycheck Protection Program (PPP), providing an update on the current issues and guidance regarding PPP loan forgiveness.
Liz Broadway has 25 years of experience in public accounting. She joined Hughes Pittman & Gupton, LLP in November 2006 and became a partner in 2013.
Liz is a partner in the Hughes Pittman & Gupton, LLP’s tax practice and is a leader in the firm’s technology segment as well as leading the firm’s hospitality segment. She works with clients in a variety of industries including, software and other technology services, manufacturing and distribution including e-commerce, hospitality, professional services, and other companies with a focus on sustainability. Her experience in these industries includes business consulting, tax planning and financial advisory services, transactional analysis, and corporate, partnership, and individual income tax compliance, including multistate taxation.
November 19, 2020
Topic: The Pandemic, the Economy, and the Future
Speaker: Dr. Michael Walden, Economics Professor, North Carolina State University (NCSU)
Please join us for another economic presentation, this time with Dr. Michael Walden. This presentation will show the economic effects of the pandemic - especially in North Carolina, - the forecasts for the economy after a vaccine, and the long-run impacts on globalization, jobs, education medicine, working, and real estate.
Dr. Michael L. Walden is a William Neal Reynolds Distinguished Professor and Extension Economist at North Carolina State University and a member of the Graduate Economics faculty with The Poole College of Management. His Ph.D. degree is from Cornell University and he has been at N.C. State since 1978. He has also been a Visiting Professor at Duke University. He also serves as a member of the North Carolina Chamber of Commerce Foundation’s Board of Economic Advisors.
Dr. Walden has teaching, research, and extension responsibilities at NCSU in the areas of consumer economics, economic outlook, and public policy. He has published eight books and over 250 articles and reports, including the book North Carolina in the Connected Age, published by the UNC Press. He has served on several local and state level commissions. With his wife, he is the co-author of three “economic thrillers”, Macro Mayhem, Micro Mischief, and Fiscal Fiasco, designed to teach economics in an entertaining way.
Dr. Walden can be frequently seen, heard, and read in the media. He has daily radio programs aired on stations around North Carolina for which he has won two national awards. He is often interviewed on local TV and radio news broadcasts, has appeared on NBC, CBS, The Fox Report, and the Newshour With Jim Lehrer, and is frequently quoted in such newspapers as USA Today, The News and Observer, The Charlotte Observer, The Boston Globe, The Wall Street Journal, and The Washington Post. His biweekly column, You Decide, is carried by over forty newspapers in the state. He has made over 2500 personal presentations.
Dr. Walden directs the semiannual economic forecast, The North Carolina Economic Outlook. He has won numerous academic and public awards, including two Champion-Tuck Awards for Excellence in Broadcasting, the UNC Board of Governor’s Award for Excellence in Public Service in 2010, the Order of the Long Leaf Pine in 2013, and the Holladay Medal for Excellence from North Carolina State University in 2014. His newest books are Real Solutions: Commonsense Ideas for Solving Our Most Pressing Problems and Disunion: A Political Thriller.
October 15, 2020
Topic: Regional Economic Development Update
Speaker: Michael Haley, Executive Director for Wake County Economic Development and the Senior Vice President of the Greater Raleigh Chamber of Commerce
Michael Haley will give an update on current state of the regional economy through an economic development lens. At this online meeting, you will learn more about current economic development efforts, market demand, the impact from the pandemic, and more.
Michael Haley is the Executive Director for Wake County Economic Development and the Senior Vice President of the Greater Raleigh Chamber of Commerce. Wake County Economic Development – a public private partnership between Wake County, the City of Raleigh, and the private sector – is the lead economic development agency for Wake County. Michael leads WCED’s business recruitment, retention and expansion; marketing and public relations; talent recruitment and retention; and support of entrepreneurship.
Prior to his current role, Michael served as the Director of Business Recruitment and Expansion for WCED. Prior to joining WCED, Michael served as a Public Policy Analyst and then the Public Policy Director for the North Carolina Department of Commerce.
Michael was named one of the Top 50 Economic Developers in North America in 2019 by Consultant Connect. Consultant Connect, is a consulting agency designed to bridge the gap between economic developers and site consultants.
Michael was also named the North Carolina Economic Developer of the Year for 2019 by the NC Economic Development Association. Each year, the award goes to an Economic Development professional in North Carolina based on the following criteria: NCEDA member who made significant and measurable contributions to economic development.
September 17, 2020
Topic: Managing Healthcare Expenses in a Post-COVID World
Speaker: Shelley McLean, Principal, OneDigital
With benefit costs as your second largest people-budget line item, it’s imperative to understand how the pandemic has and will continue to impact your health plan performance and claims cost. In this session, Shelley McLean, Principal for OneDigital, will share important considerations for your business to mitigate risk and manage health care expenses in the coming months. Shelley will also share best practices and innovative cost control measures she is implementing with clients to achieve bottom-line savings.
Shelley McLean has more than 20 years of experience working with businesses across North and South Carolina to optimize benefits spend. She has deep expertise in the areas of claims management, health plan funding, and risk mitigation and is actively involved developing complex strategies to help clients bend their long-term healthcare cost trend.
August 20, 2020
Topic: Open Roundtable Discussion for RTP CFO Members Only
This month’s meeting is a very special one. It will be a members only open roundtable discussion where attendees will lead the discussion. As CFOs, we have been facing an unprecedented amount of interesting scenarios since 2020 began. What do you see as our next biggest challenge to come? Thinking beyond Covid, the elections, the vaccine, and getting past the 2020 bust, we now need to look ahead to a post 2020 recovery. Is there a way to do business better, similar to the challenges brought about by the internet in the early 2000s. How has the work environment changed? Will it continue to change and in what other ways? Has disaster recovery affected you or your business? How will business continuity be affected? Will we have inflation to deal with? What other challenges can we foresee?
Summer 2021 Online Social
CANCELLED DUE TO LOW ATTENDANCE NUMBERS
June 18, 2020
Topic: Integrating Compensation and Ownership Strategies
Speaker: Matthew Keene, Managing Director, Executive Compensation Consulting practice, Chartwell
Companies are often thoughtful about their compensation strategy and their ownership strategy, but less so when it comes to integrating these two pillars of strategic planning. We will discuss this integration process, the underlying elements of cash and equity compensation and related Covid-19 impacts.
About the Speaker:
Matt Keene leads Chartwell’s Executive Compensation Consulting practice. He works with privately held companies to obtain relevant pay data and achieve key goals for compensation programs, with a special focus on ESOP companies and equity-based incentives. His passion is helping privately held companies implement successful ownership transition strategies while aligning shareholders, executives and employees in the achievement of mutually beneficial outcomes. Over the past 25 years, he has worked with companies on all aspects of qualified and non-qualified plan origination, operation, and termination.
Matt currently serves on the Board of Directors of the NCEO (National Center for Employee Ownership) and has previously held other leadership positions within The ESOP Association and the NCEO. Matt also participates in the National Association of Stock Plan Professionals and the American Council of Engineering Companies (ACEC).
Matt is a frequent speaker and writer at the national level on topics relating to executive compensation, ownership transition alternatives and qualified and non-qualified plan operational issues.
Prior to joining Chartwell, Matt spent 10 years with a leading ESOP administration and consulting firm. Prior to that, he spent 12 years with a Big Four accounting firm where he worked in the National Tax Department advising field employees on rulings and developments affecting employers’ compensation and benefits programs.
Matt received a Bachelor of Science degree in business administration and a Master of Accounting from the University of North Carolina at Chapel Hill.
May 21, 2020
Topic: Managing Your Employees in a COVID-19 Environment
Speaker: Carrie Cherveny, Senior Vice President, Strategic Client Solutions and Chief Compliance Officer, Employee Benefits Southeast, HUB International Southeast
Covid’s keeping us home but we are still meeting… Online. Join us for our first monthly meeting via Webinar hosted by HUB.
As many of the Southern states begin to reopen their local communities, the questions about how to do so safely is top of mind for our clients and prospects. Returning to work in the midst of the COVID-19 crisis presents employers with unprecedented workplace and employee relations challenges. HUB International has put together a number of critical components that employers need to compose their return to work strategy, and we will be hosting on the topic of returning to work.
Join our HUB Risk Services expert who will review the return work considerations and challenges regarding the Health and Safety of Employees – Recently the EEOC has issued expanded guidance regarding an employer’s ability to pre-screen employees and candidates for COVID-19 – we will review the new rules along with other employee relations concerns including harassment and discrimination in the workplace.
Carrie Cherveny is the Senior Vice President of Strategic Client Solutions in HUB’s Risk Services Division. Carrie has 20 years of combined experience in employee relations working on the management side providing human resources, employment law, and employee benefits legal guidance. Carrie works closely with clients to identify compliance risks across the organization and develop responsive strategies and solutions that ensure compliance and further the overall organization goals. Part of Carrie’s focus is risk mitigation when it comes to various insurances such as health and welfare programs and employment practices liability. Carrie partners with the HUB clients in various industries such as hospitality/restaurant, medical/hospitals, manufacturing, and white-collar businesses to identify various organizational risks and develop responsive strategic solutions.
Carrie B. Cherveny, Esq. also serves as the Chief Compliance Officer for the Southeast Region of HUB International, supporting the organization’s Employee Benefits Division. In this role, Carrie was responsible for providing compliance and consulting services regarding general health plans, ACA, ERISA, and other legal matters involving employee benefit programs.
Most recently, Carrie was General Counsel and Vice President for a national PEO designing and developing client compliance strategies and solutions. Carrie oversaw both the legal and human resources teams working closely with clients addressing employee relations issues and resolving client concerns.
While working previously as a Partner in a West Palm Beach Employment Law firm, Carrie focused her practice in the area of employment litigation and employee relations in both state and federal courts. She has represented private sector employers in litigation under Title VII, the ADA, the ADEA, the FLSA, the FMLA, the Florida Civil Rights Act, and the Florida Whistleblowers’ Acts. Carrie has extensive experience counseling employers in EPLI claim prevention, employee discipline and termination, and employment discrimination and harassment.
April 16, 2020
MEETING CANCELLED AND POSTPONED UNTIL LATER DATE DUE TO COVID-19 VIRUS.
March 19, 2020
MEETING CANCELLED AND POSTPONED UNTIL LATER DATE DUE TO COVID-19 VIRUS.
February 20, 2020
Topic: Strategic Legislative and IRS Tax Update: Updates and Opportunities
Speaker: Rick Lazio, Former U.S. Congressman; alliantgroup Senior Vice President
Will tax reform hold? Join us as Rick Lazio of the alliantgroup presents a review and outlook of what to expect from approaching elections; and, how businesses should best plan to benefit from the tax laws in an uncertain world.
Rick Lazio is a former U.S. Representative from New York serving in Congress from 1993-2001. While there, he became a strong advocate for small businesses by sponsoring the successful Small Business Tax Fairness Act. After Congress, Rick moved to the private sector working for JP Morgan Chase as a Managing Director and then Executive Vice President. Rick is committed to his continued interest and support of small to mid-sized businesses by brokering his insight and experience in the public and private sectors to provide strong incentives for job growth. This interest has extended into his civic and philanthropic work in New York with the Committee for Economic Development and the Association for a Better New York.
Winter 2020 Social
Date: Thursday, January 23, 2020
Time: 6:00 - 8:00 p.m.
Location: Kings Bowl - North Hills, 141 Park at N. Hills, Suite 120, Raleigh, NC 27609
Please join us for a night of bowling and socializing with your fellow CFOs in the Triangle area. It’s a great opportunity to reestablish old relationships and make new ones. The RTP CFO Forum is hosting the Winter Social Event at Kings Bowl – North Hills. The event is sponsored by HUB International Raleigh.
Wine, beer, and a social buffet-style meal will be provided by Kings Bowl – North Hills.
Kings Dining & Entertainment is an award-winning gathering place for people to connect, play, eat, drink, and laugh together. With locations across the country, each is designed with unique offerings of community-inspired social experiences such as luxury bowling, live music, larger-than-life sports viewing, nostalgic retro video gaming, and over-the-top food and drinks.
December 12, 2019
Topic: International Tax Pitfalls After Tax Reform – What to Keep Your Eyes On
Speaker: Goran Vukicevic, Manager - Outbound Tax Services, Hughes Pittman & Gupton, LLP
The 2017 Tax Cuts and Jobs Act (TCJA) brought about significant changes to the U.S. tax system, many of which were related to the treatment of international operations. Now that companies have seen one full year of the new rules implemented, some pitfalls have surfaced, causing companies to reevaluate their international operations. This session will provide a brief overview of laws put in place by TCJA and touch upon the issues that you should consider when assessing your activities abroad.
Goran Vukicevic is a tax manager in Hughes Pittman & Gupton’s corporate tax and international practices and co-leads the global expansion tax services team. He has experience working with both public and non-public companies, with his primary focus in the corporate tax practice. He has worked with clients in a variety of industries including biomedical, pharmaceutical and, software and technology development, as well as manufacturing and distribution. Goran's experience in these industries includes corporate tax compliance, accounting for income taxes pursuant to ASC 740, and foreign reporting requirements for multinational companies.
November 21, 2019
Topic: Regional Economic Development Update
Speaker: Michael Haley, Executive Director of Wake Co. Economic Development; SVP of Raleigh Chamber of Commerce
Why do companies choose to start, grow, scale, expand, or relocate to Greater Raleigh and the Research Triangle? What are the key attributes in our community that factor into these decisions? Haley will provide a review of the unique assets and resources of the Research Triangle that support growth of companies and top tier talent.
Michael Haley, Executive Director, Wake County Economic Development
Michael Haley is the Executive Director for Wake County Economic Development and the Senior Vice President of the Raleigh Chamber of Commerce. Wake County Economic Development (WCED), a public private partnership between Wake County, the City of Raleigh, and the private sector, and is the lead economic development agency for Wake County. Michael oversees WCED's business recruitment, retention, and expansion strategy; marketing and public relations campaign; talent recruitment and retention efforts; and support of entrepreneurship programs.
Prior to his current role, Michael served as the Director of Business Recruitment and Expansion for WCED. Prior to joining WCED, Michael served as a Public Policy Analyst and then the Public Policy Director for the North Carolina Department of Commerce.
Michael was named one of the Top 50 Economic Developers in North America in 2019 by Consultant Connect. Michael was also named the North Carolina Economic Developer of the Year for 2019 by the North Carolina Economic Development Association.
October 17, 2019
Topic: Entrepreneurship – Stories from Behind the Curtain
Speaker: F. Scott Moody, CEO of K4Connect
We all read the press related to being an entrepreneur - all the successes, the hero CEO’s, the huge valuations, and the incredible wealth. Scott Moody, CEO of K4Connect, will share the realities of being an entrepreneur, the ups and the downs, and, in the end, what’s important.
F. Scott Moody is the co-founder, CEO and Chief Member Advocate of K4Connect (Raleigh, NC), a mission-centered company that creates solutions that serve and empower older adults and those living with disabilities. The Company enhances its clients’ lives through an integrated connected-life software platform that brings together the best in-home automation products, health and wellness technologies, and communication and social functionality. K4Connect’s products enable simpler, smarter living environments and healthier lives, while fostering family and community engagement both digitally and physically. The Company has now raised over $25M from firms such as Intel Capital, AXA, and Sierra Ventures.
Previously, Scott was the co-founder and CEO of AuthenTec (Melbourne, FL) prior to its acquisition by Apple in 2012 (the only acquisition of a public company by Apple). AuthenTec’s fingerprint sensor technology is now the foundation of Apple’s Touch ID. As the CEO of AuthenTec, Scott raised over $70 million in venture capital (including Sierra Ventures, The Carlyle Group, Texas Instruments and others) and led the company’s successful IPO. The Company had over 230 patents upon its acquisition.
Scott began his career at Harris Semiconductor (now Intersil) in 1980, where he eventually became Division VP of a $200M division before co-founding AuthenTec in 1998.
In addition to his activities with K4Connect, Scott is the Founder of First Talent Ventures, which invests in early stage startups and funds in underserved markets. He is also a venture advisor to Cofounders Capital and Stonehenge Growth Equity, an advisor to the National Science Foundation’s ASSIST program centered at NCSU and a member of the Advisory Board of NCSU’s ISE Department. He most recently served as a board member of Hope International (Microfinance) and an Entrepreneur in Residence with the Blackstone Entrepreneur Network, as well as a member of Shaw University’s President Council.
Scott received a BSIE from North Carolina State University and an executive MBA from the University of Florida.
Scott lives in Raleigh, NC with his wife, Katherine, and they have three adult daughters.
September 19, 2019
Topic: Triangle Community Foundation and the Nonprofit Ecosystem
Speakers: Robert Naylor, CFO, and Robin Barefoot, General Counsel, of Triangle Community Foundation
Nonprofits provide essential services in our region and Triangle Community Foundation works within the ecosystem of nonprofits to increase the impact of their work and our own. Through our distinct, impact-focused grantmaking and collaboration, the Foundation builds the capacity and overall effectiveness of nonprofits in areas such as governance, financial management, fundraising, endowments, and reporting. This presentation will review key issues related to the fiduciary oversight of a nonprofit by its Board of Directors and explain how the funding and other resources offered by Triangle Community Foundation benefit nonprofits and our community.
Robin Barefoot, General Counsel
As a member of the development team, Robin guides individuals and families in the thoughtful design of charitable funds that have personal significance to them. Robin facilitates gifts of complex assets, such as privately held businesses and real estate and works with legal, tax and financial professionals when their clients choose to partner with the Foundation. Additionally, Robin leads the policy and governance work of the Foundation, addressing legal and regulatory issues related to charitable gifts and funds, grantmaking, and the tax-exempt status of the Foundation or its supporting organizations.
Robert Naylor, CFO and Director of Administration
As Chief Financial Officer and Director of Administration, Robert Naylor is responsible for the investing, budgeting, auditing, and reporting functions of the Foundation. Robert brings with him over 20 years of experience in national and international financial, accounting, and administrative operations in the United States, Canada, and Western Europe. He previously held the position of Chief Financial Officer at Cherokee Investment Partners for over ten years, and served as CFO at Illumelex and Dataflow, as well as Controller at Cherokee Sanford Group. He has worked as a Senior Auditor at Deloitte and Touche as well as McGladrey & Pullen.
August 15, 2019
Topic: Practical Approach to Transfer Pricing
Speaker: Michael Arena, Director - Transfer Pricing, Hughes Pittman & Gupton, LLP
The rise of transfer pricing controversy and its increasing complexity presents a challenge to companies operating across multiple countries or states. Much focus has been put on meeting compliance requirements, but companies should also be thinking about practical approaches that keep compliance costs in check, while also taking advantage of potential opportunities to reduce direct and indirect taxes.
Michael Arena leads Hughes Pittman & Gupton, LLP’s transfer pricing practice. Michael has been helping companies deal with transfer pricing issues for over a decade. He advises companies on matters related to determining, evaluating, and documenting intercompany pricing arrangements for tangible and intangible property, services, and financial transactions. His experiences include transfer pricing policy design for multistate and multinational purposes, global documentation studies, profit sharing and royalty analyses, mergers and acquisitions due diligence, and audit defense in the U.S. and abroad.
Michael has worked with clients in a variety of industries including biomedical and pharmaceutical, software and technology, manufacturing and distribution, retail, specialty chemicals, automotive, railroad, and private equity funds.
Before joining HPG, Michael worked at PwC. He received his undergraduate degree in finance at Georgetown University, and his J.D. from Washington University School of Law in St. Louis. He is a member of the North Carolina State Bar.
July 2019 Social
Date: Wednesday, July 17, 2019
Time: 5:00 - 8:00 p.m.
Location: Level7 Rooftop Bar, AC Hotel, 101 Park at North Hills St., 7th Floor, Raleigh NC
Please join us for an opportunity to socialize with your fellow CFOs in the Triangle area. It’s a great opportunity to reestablish old relationships and make new ones. The RTP CFO Forum is hosting July’s Social Event at Level7 Rooftop Bar. The event is sponsored by Insperity.
Located at the AC Hotel Raleigh North Hills, Level7 is Raleigh’s distinctive, energized space for tapas style bites and samplings from small batch distillers, rock star brewers and single vineyard labels. With a flavor all its own, Level7 is a European inspired experience with North Carolina spirit and Raleigh soul overlooking the North Hills neighborhood.
There will also be giveaways with fantastic prizes for attendees.
June 20, 2019
Topic: Insider Threats
Speaker: Marc Duncan, Chief Operating Officer of Salus
The presentation, “Insider Threats”, is an engaging discussion about the definition, mitigation, detection, and deterrence against violent or malicious activities inside your organization.
This discussion will focus on who they are and how to reduce your risk.
• Discover or reinforce what your role might be
• Clarify roles and responsibilities
• Identify real strengths and weaknesses
• Improve coordination
• Identify resource issues
• Assess capabilities
Mr. Marc Duncan has more than 30 years of homeland security/emergency management experience in both the public and private sectors, including various operational mission sets, and prevention, protection, preparedness, response, recovery and mitigation for numerous planned and unplanned events. As the Chief Operating Officer of Salus, he leads Teams of the some of the World’s top Insider Threat experts from the CIA, Israeli Indigence Corps, ATF, TSA, Homeland Security, Federal Air Marshals, Coast Guard, Delta, universities, local police, and psychological behaviorists. Marc led his Teams in the conduct of assessments, operations planning and training for more than 70 of the Nation’s largest and most noted organizations to include the City of New York and the surrounding 30 counties, Los Angeles World Airports, City of Raleigh, and RDU to name a few.
He is a certified instructor of U.S. Department of Homeland Security (DHS) courses. Areas of expertise includes: Threat, Hazard, Risk, and Vulnerability Assessment; Exercise and Exercise Program Design, Development, Conduct and Evaluation; Emergency Operations Center (EOC) Management and Operations; Emergency Planning, Management, and Operations; Disaster Response; Disaster Recovery; Access and Functional Needs; Damage Assessment; Intergovernmental Liaison; Logistics; Airfield Assessments; EOC Communications; Training; and Firearms Instructor.
Also, at this meeting, we will be presenting to the past board chairs Petra Weishaupt-Smith, Brett Farabaugh, and Mike Poe, special commemorative plaques as a way of thanking them for their time serving the RTP CFO Forum. We would like to invite as many members as possible, particularly new members, to attend this event.
May 16, 2019
Topic: AI/Bots: Technologies Changing the Business Landscape
Speaker: Neale D’Rozario, President of D’Rozario Enterprises
In the next several years, the world will go from 50B connected devices to over 100T! As humans, we will not be able to consume that much data without AI and Bots. Our speaker will explain what that means for Finance and Operations departments.
Neale D’Rozario recently served as SVP and CIO for RTI International where he was responsible for the company’s overall information technology strategy and operations, and oversaw an Innovation Lab. Over his 30+ year career, Neale has held CIO positions in Financial Services, Manufacturing, Software Services, and more. Neale has been involved in many enterprise implementations and several M&A transactions over the years. A native of the UK, Neale serves many nonprofits, NCTech, SIM, and CORRAL Riding Academy. For more details on Neale refer to his LinkedIn profile at www.linkedin.com/in/nealedrozario.
April 18, 2019
Topic: Raising Capital: telling Your Story in a Competitive Environment
Speaker: Joe Sinsheimer, Former Managing Director of Wolfpack Investor Network
Joe Sinsheimer’s presentation will focus on how to raise angel and venture capital and the critical questions that outside investors ask management teams that are raising capital. Please join us!
Joe Sinsheimer just retired from a two-and-a-half-year stint as the Managing Director of the Wolfpack Investor Network. Sinsheimer has been involved in angel investing for 27 years. He has been a member of four different angel capital groups and also was the manager of his own venture fund, Sunflower Ventures I, which focused on the adtech/marketing industry. Sinsheimer also was the founder and President of The Sinsheimer Group, a political consulting and crisis communications company from 1992 - 2004. During that time, Sinsheimer worked on 135 campaigns across the country as well as for six Fortune 500 companies.
Sinsheimer also was a co-founder and CFO of Digital Education Systems, a Denver-based company focused on training software developers on open source technologies, and has served on the board of a half-dozen private companies.
March 21, 2019
Topic: Strategic Legislative & IRS Tax Update: Opportunities & Risks (CPE offered)
Speaker: Mark Everson, Former IRS Commisioner; Alliantgroup Vice Chairman
Will tax reform hold? Join us as Dean Zerbe of the alliantgroup presents a review and outlook of possible tax changes in this Congress as well as after the presidential elections. He will discuss how businesses should best plan to benefit from the tax laws in an uncertain world.
The Honorable Mark W. Everson is the Vice Chairman of alliantgroup. Everson served as the 46th Commissioner of Internal Revenue from 2003 until 2007. He has held a variety of federal government positions in the administrations of George W. Bush and Ronald Reagan, as well as at the state level in the administration of Indiana Governor Mitch Daniels. Everson also has extensive private sector experience having worked in both line and staff positions with businesses in the United States and abroad.
During Everson’s tenure the IRS maintained high service levels to taxpayers while significantly strengthening its enforcement activities. Areas of particular focus included combating abusive tax shelters and the development of more productive enforcement relationships with counterpart tax authorities in other countries. Prior to his nomination to the IRS post by President Bush in 2003, Everson served in senior positions at the Office of Management and Budget.
In the Reagan administration, Everson held posts at the U.S. Information Agency (parent organization of the Voice of America) and at the U.S. Department of Justice. While at Justice, Everson’s positions included that of Deputy Commissioner at the Immigration and Naturalization Service, where he oversaw implementation of the Immigration Reform and Control Act of 1986 – the nation’s last comprehensive immigration reform legislation. In Indiana Everson served in the Cabinet of Governor Mitch Daniels from 2009-2012, where starting in 2010 he oversaw the state’s unemployment system and federal training programs.
Everson’s private sector experience includes finance positions at the world’s largest airline catering company (SkyChefs) and finance and operating positions at Pechiney, then the largest European aluminum company and the world’s largest packaging business. He began his career as an auditor at Arthur Andersen & Co. in New York. In the not-for-profit sector, Everson served as President and Chief Executive Officer of the American Red Cross in 2007.
February 21, 2019
Topic: The Baker's Dozen of Key Employment Laws
Speaker: Laura Noble, Managing Partner of The Noble Law Firm
Laura Noble, Managing Partner for The Noble Law Firm, will be presenting “The Baker’s Dozen”, an executive briefing of 13 employment law areas that are critical for minimizing litigation risk. In addition to a lawyer’s perspective, Ms. Noble will also offer the business perspective that will show the value of employment law compliance. The presentation will help business leaders and HR professionals focus on the key areas that typically get employers in trouble and offer helpful top-line strategies for avoidance.
With over 20 years of diverse legal experience including civil litigation, negotiation, counseling, and consulting, Laura’s passion is to offer clients personal and powerful representation on employment law issues. The Noble Law Firm provides clarity at work through forward-thinking, trusted employment law counsel. The firm works with individuals experiencing problems in their employment relationship and companies wishing to minimize litigation risk. She founded Noble Law on the principle that an agile, efficient, and transparent specialized firm could outpace “big law” competitors.
Laura developed this conviction from her own legal background and experiences. After graduating from the University of Maryland, she moved to New York City and worked as a prosecutor in one of the largest and most challenging District Attorney’s offices in the county. Laura then worked with a sizable civil litigation firm in Manhattan before moving to a nonprofit in a general counsel and advocacy role.
Although all of these experiences were valuable and informed her work, her true dream was to start her own firm. Laura began The Noble Law Firm in 2009 with the goal of providing exceptional employment law representation to individuals and companies. Her clients know that she genuinely cares about them and will work diligently to achieve the best possible outcomes on their behalf. Laura is a seasoned litigator and enjoys the excitement of this work as well as the satisfaction that comes from providing exceptional representation to her clients.
January 2019 Social
Date: Wednesday, January 16, 2019
Time: 5:00 - 8:00 p.m.
Location: Carolina Exotic Car Club, 3107 Glen Royal Rd., Raleigh, NC
Please join us for an opportunity to socialize with your fellow CFOs in the Triangle area. It’s a great opportunity to reestablish old relationships and make new ones. The RTP CFO Forum is hosting January’s Social Event at Carolina Exotic Car Club. The event is sponsored by HUB International Raleigh and Davis Moore.
Wine, beer, and a social buffet-style meal will be provided by Carolina Exotic Car Club.
The Carolina Exotic Car Club is a custom built, truly unique facility which combines all aspects of service and amenities for exotic and collector car owners. CECC is a private, membership only club and storage facility which combines an active social club with secure climate controlled storage, on-site maintenance and repair, detail, private event venue rentals, catering, enclosed transport and much more.
December 13, 2018
Topic: CFO Leadership in 2019: Communication, Flexibility, and Opportunities
Speaker: Charlotte Purvis, Communications Consultant & Professional Speaker
As we close out the year, you are invited to look at your leadership during 2018 and consider new approaches for 2019. We'll explore three areas for starters: Communication, Flexibility, and Opportunities.
Communication continues to be among the top skills for business and personal success. How well do you and your team communicate and what will you do differently next year? You've heard about the importance of flexibility in leadership; now there's research about knowing which leadership style to use and when to use it (and that requires flexibility). Are there "hidden" opportunities with your team? How about making a list of 3-5 and addressing them during the rest of December? This presentation will help you take a closer look at your 2018 successes and opportunities, plus get prepared for a great year of leadership in 2019.
Charlotte Purvis is a communication consultant and speaker with extensive experience inside church, corporate, and campus organizations. Clients invite her to partner with them on their communication challenges, presentation skills, customer service strategy, and team development programs. She has supported clients with responsibilities for business functions including:
- Administrative Services
- Contact Centers
- Training & Development
- Human Resources
- Information Technology
- Project Management
- Research & Development
- Sales & Marketing
Through her consulting and coaching programs, Charlotte typically influences over 1 million customer interactions each year. One company invited her to help develop the overall standards for customer service on the telephone, plus provide coaching for all representatives and new managers.
It is an honor to Charlotte that nearly 100% of her business contracts have come through her clients’ repeat business and their recommendations to colleagues, family members, and friends. She is honored as well when clients move to new organizations and recommend her as a consultant for the new team.
Charlotte is passionate about contributing to the success of college students and helping them prepare for their careers. When she taught in the School of Business at North Carolina Central University, the overall student rating of her instruction was 4.85 / 5.00. In Spring 2015, the rating was 5.00 / 5.00.
Charlotte is a proud graduate of the University of Wisconsin-Madison (B.S., M.S.). Early in her career, she was awarded a Professional Fellowship by the Bush Institute at The University of North Carolina at Chapel Hill.
Charlotte lives in the Research Triangle area of North Carolina. She still enjoys going home to her beloved Tuscaloosa, Alabama, where her speaking career started.
November 15, 2018
Topic: Taking the Pulse of the Economy
Speaker: Dr. Michael Walden, Economics Professor, North Carolina State University (NCSU)
Location: BioMedomics, Inc. • 6 Davis Drive • Durham
The current status and outlook for the national and North Carolina economies will be presented. Trends in aggregate economic production, employment, price changes, interest rates, as well as other economic indicators will be discussed. Particular attention will be given to the Federal Reserve’s policy as well as the ongoing trade disputes. The emerging impact of technology on the labor market will be given particular focus. In North Carolina, comparative trends to the U.S. will be highlighted, as well as changes in the state’s economic divide and employment distribution.
Dr. Michael L. Walden is a William Neal Reynolds Distinguished Professor and Extension Economist in the Department of Agricultural and Resource Economics at NCSU, and a member of the Graduate Economics faculty with The Poole College of Management. His Ph.D. degree is from Cornell University and he has been at NCSU since 1978. He is also a Visiting Professor at Duke University.
Dr. Walden has teaching, research, and extension responsibilities at NCSU in the areas of consumer economics, economic outlook, and public policy. He has published 12 books and over 300 articles and reports, including his newest book North Carolina Beyond the Connected Age: The Tar Heel State in 2050, published by the UNC Press. He has served on several local and state level commissions, including the Governor’s Welfare Reform Task Force, the School Capital Construction Legislative Study Commission, and the Blue Ribbon Committee for the Future of Wake County, and on the staffs of the State and Local Fiscal Modernization Study Commission and the UNC Tomorrow Commission.
Dr. Walden can be frequently seen, heard, and read in the media. He has daily radio programs aired on stations around North Carolina for which he has won two national awards. He is often interviewed on local TV and radio news broadcasts, and has appeared on NBC, CBS, The Fox Report, and PBS. His biweekly column, You Decide, is carried by over 40 newspapers in the state. He has made over 2800 personal presentations.
Dr. Walden directs the semiannual economic forecast, The North Carolina Economic Outlook. He has won numerous academic and public awards, including the Champion-Tuck Award for Excellence in Broadcasting, the UNC Board of Governor’s Award for Excellence in Public Service, the Order of the Long Leaf Pine, and the Holladay Medal for Excellence from NCSU. With his wife, he has coauthored three “economic thrillers.”
October 18, 2018
Topic: How Not To Turn Your World Upside Down With Inverting The Company
Speaker: Will Owens, Tax Partner of BDO USA, LLP
Location: BioMedomics, Inc. • 6 Davis Drive • Durham
Will Owens’ topic of discussion for this month’s meeting will focus on the various business and tax considerations of re-domiciling your organization offshore. This will include a brief overview of the tax rules, various shareholder considerations and other matters pertinent to ensuring such a restructuring is completed in a tax efficient manner.
Will Owens is a tax partner in BDO USA, LLP’s Core Tax Services practice. He has over 13 years of corporate and pass-through tax experience serving a variety of clients ranging from large publicly traded multi-nationals to closely held businesses and investment partnerships. Prior to joining BDO, Will was with Deloitte where he predominantly focused on taxation of large multi-national corporations and portfolio investments.
Will has served clients across a variety of industries including life sciences and technology, manufacturing, energy, consumer business and investment funds. He has managed and performed tax advisory services in the areas of accounting periods and methods, Subchapter C, accounting for income tax, tax controversy, due diligence, international tax transactions, mergers and acquisitions and flow-through taxation.
Will serves as a leader within the Atlantic Region Private Equity Group and is a member of the Firm’s Asset Management Team. He also serves as a member of the Firm’s Technology and Life Sciences Industry focus group and is an active leader in campus recruiting efforts.
September 20, 2018
Topic: The Baker’s Dozen of Key Employment Laws
Speaker: Laura Noble, Managing Partner of The Noble Law Firm
Location: NAI Carolantic Realty • 5121 Kingdom Way, Suite 200 • Raleigh
Laura Noble, Managing Partner for The Noble Law Firm, will be presenting “The Baker’s Dozen”, an executive briefing of thirteen employment law areas that are critical for minimizing litigation risk. In addition to a lawyer’s perspective, Ms. Noble will also offer the business perspective that will show the value of employment law compliance. The presentation will help business leaders and HR professional focus on the key areas that typically get employers in trouble and helpful top-line strategies for avoidance.
With over 20 years of diverse legal experience including civil litigation, negotiation, counseling and consulting, Laura’s passion is to offer clients personal and powerful representation on employment law issues. The Noble Law Firm provides clarity at work through forward-thinking, trusted employment law counsel. The firm works with individuals experiencing problems in their employment relationship and companies wishing to minimize litigation risk. She founded Noble Law on the principle that an agile, efficient, and transparent specialized firm could outpace “big law” competitors.
Laura developed this conviction from her own legal background and experiences. After graduating from the University of Maryland, she moved to New York City and worked as a prosecutor in one of the largest and most challenging District Attorney’s offices in the county. Laura then worked with a sizable civil litigation firm in Manhattan before moving to a nonprofit in a general counsel and advocacy role.
Although all of these experiences were valuable and informed her work, her true dream was to start her own firm. Laura began The Noble Law Firm in 2009 with the goal of providing exceptional employment law representation to individuals and companies. Her clients know that she genuinely cares about them and will work diligently to achieve the best possible outcomes on their behalf. Laura is a seasoned litigator and enjoys the excitement of this work as well as the satisfaction that comes from providing exceptional representation to her clients.
August 23, 2018
Topic: Blockchain & Digital Transformation
Speaker: Mike McTaggart, President of Global Digital
Location: Wyrick Robbins Yates & Ponton, LLP, 4101 Lake Boone Trail, Suite 300, Raleigh
Technology is advancing more rapidly than ever before. It’s been estimated that more data was created in 2017, a single year, than in 5,000 years of prior human history. We, as business owners and executives, know that this will impact our business - as an incredible opportunity, an enormous threat, or possibly both.
According to various surveys:
- 87% of companies believe that digital transformation is a competitive opportunity (CapGemini)
- 27% of executives rate digital transformation as a “matter of survival.” (CapGemini)
- 85% of enterprise decision makers feel they have a timeframe of two years to make significant inroads on their digital transformation before suffering financially and/or falling behind their competitors. (Progress)
- 52% of executives cite “a lack of familiarity with technology” as a barrier to digital transformation (Santoku)
In this engaging and informative program, we will define “digital transformation” in a way that allows all businesses to develop, or refine, their digital strategy.
With an engineering mind, a passion for technology, and a commitment to integrity, Mike McTaggart has helped dozens of organizations - large and small - realize the potential that technology brings to business. In an age of Digital Transformation, his team of specialists at Global Digital work with clients to craft strategy, build consensus, and produce actionable data-driven plans in the midst of all the noise. The result is business growth, strategic differentiation, and teams that are more agile and effective. Global’s clients include prominent CROs, power utilities, manufacturers, and technology companies; the team has managed small-scale rapid prototyping as well as large-scale business transformations including deployments of IoT and IIoT platforms for global companies in healthcare and manufacturing.
While Mike is known for his enthusiasm and knowledge of technology, he is even better known as “the triplets’ dad” - and that’s just fine by him. When not working on a new venture, you’ll find him teaching his girls to be themselves, be smart, be tough, and to appreciate “classic” Saturday morning cartoons, like he had growing up.
July 2018 Social
Date: Thursday, July 26, 2018
Time: 5:00 - 8:00 p.m.
Location: Lynnwood Brewing Concern, 1053 E. Whitaker Mill Rd., Raleigh, NC 27604
Please join us for an opportunity to socialize with your fellow CFOs in the Triangle area. It’s a great opportunity to reestablish old relationships and make new ones. The RTP CFO Forum is hosting July’s Social Event at Lynnwood Brewing Concern. The event is sponsored by Insperity.
There will be raffles and giveaways, music, games (both on the television to watch and in person to play), food catered by Lynnwood Grill, beer, wine, and cider, all of which you can enjoy in this air-conditioned room. Also, while not officially a part of the event, we’ve been informed that the CockADoodleMoo food truck will be on location.
Sponsor: Insperity
Insperity, a trusted advisor to America’s best businesses since 1986, provides an array of human resources and business solutions designed to help improve business performance. Insperity Business Performance Advisors offer the most comprehensive suite of products and services available in the marketplace. Insperity delivers administrative relief, better benefits, reduced liabilities and a systematic way to improve productivity through its premier Workforce Optimization™ solution.
June 21, 2018
Topic: Revenue Recognition: Major Changes and Implementation Risks Associated with ASC 606 - Revenue for Contracts with Customers
Speaker: Cathy Patton, CPA, Audit Sr. Manager and heads the Revenue Recognition Team and Process Risk and Governance Practice
With the implementation deadline getting ever closer for private companies to adopt the new standards on Revenue Recognition, get an overview of the technical accounting and reporting requirements, and learn how companies are making preparations and readying themselves for potentially significant reporting and operational impacts.
Cathy Patton is an Audit Senior Manager at Hughes Pittman & Gupton, LLP, and heads the Firm’s Revenue Recognition consulting team and also leads the Firm’s Process Risk and Governance Practice. She has over 24 years of experience in public and private accounting. Cathy has worked with clients ranging from startup companies financed by private venture capital to public companies. She is also a member of HPG’s Technology practice, serving various software and Software as a Service (SaaS) clients. Cathy’s consulting experience is focused on revenue recognition, and includes working with many startups through venture-backed technology companies on their initial GAAP implementation for financial reporting to investors and lenders, or to prepare for due diligence.
May 17, 2018
Topic: How To Build A Successful Startup
Speaker: Michael Chasen, CEO of PrecisionHawk
Michael Chasen will visit the RTP CFO forum to share how he’s building a successful startup, PrecisionHawk, in the Triangle. Former founder and CEO of Blackboard Inc., Chasen knows what it takes to build a company from a small apartment operation to a $1B business. From engaging investors to scaling operations, he’s using his experience to grow PrecisionHawk from a post-revenue startup to a large enterprise.
In January 2016, Michael Chasen became CEO of PrecisionHawk. Michael was the co-founder and CEO of Blackboard, an education technology company that he started in 1997 with a small group of young entrepreneurs in Washington, DC. Under Michael’s leadership, Blackboard grew to over 3,000 employees with over 20 offices worldwide. Blackboard went public in 2004 with Michael serving as CEO for seven years.
In 2011, Blackboard sold to Providence Equity Partners for $1.7 billion. After Blackboard, Michael founded SocialRadar, a company focused on using satellite and street-level photos to geo-locate business storefronts. In 2016, SocialRadar sold to Verizon/MapQuest. Michael holds an undergraduate degree in computer science and an MBA from Georgetown University. Follow him on Twitter @michaelchasen.
April 19, 2018
Topic: Tax Reform: Tax Entity Post Tax Reform - New Considerations
Speaker: Adam Buchanan of Hughes Pittman & Gupton, LLP
In light of the recent tax reform, is it time to take another look at your entity type, from a tax perspective? Under the new rules, what is the analysis between partnership, C Corporation, S Corporation, etc.? We’ll discuss the pros, cons, and other considerations.
Adam Buchanan has over 17 years of experience in public accounting. He joined Hughes Pittman & Gupton, LLP in June of 2013. He was previously with Grant Thornton, LLP in Raleigh and prior to that, Arthur Andersen, LLP.
Adam is part of the Hughes Pittman & Gupton, LLP’s corporate tax practice. He has experience working with clients in a variety of industries including biomedical and pharmaceutical, software and technology development, manufacturing and distribution, retail and hospitality, and venture funds. His experience also includes working with owner-managed businesses in a variety of industries, from the start-up phase to eventual exit by the owner. Adam has focused a significant portion of his career on accounting for income taxes pursuant to ASC 740, including Accounting for Uncertain Tax Positions, SEC reporting, and internal controls of the tax function for SOX compliant companies.
March 15, 2018
Topic: 401(k) Plans: What CEOs & CFOs Need to Know...and Why
Speaker: Mark Zorko of Brentwood Advisory
During his career as a CFO, Mark Zorko became involved with cleaning up a number of 401(k) plans that were treated as a low priority in the business. 401(k) plan oversight tends to be number 11 on the top 10 priority list. The requirements can be complicated and it takes time away from running the business.
Many of the 401(k) providers had conflicts of interest, buried their fees in investment choices…and did not accept the fiduciary responsibility of acting in their client’s best interest.
He will discuss what CFOs should expect from their service providers and tools to stay on top of their plan’s financial, operational, and legal “vital signs.” Slides for the presentation can be found here: www.slideshare.net/secret/qRE7EZNnwK7BRk
Mark Zorko is on the Board and Chair of the Nominations/Governance Committee of Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH). He is also on the Board and Chair of the Audit Committee for Westell Technologies (NASDAQ: WSTL).
Mark recently launched a new business, Brentwood 401(k), LLC., www.brentwood401k.com, to provide middle market firms with 401(k) plan advisory services, from the perspective of a former CFO. Brentwood 401(k) is partnered with several firms which provide comprehensive ERISA Section 3(38) fiduciary responsibility to companies as well as a low-cost suite of passive or indexed-based investment selections.
Previously, he has been a public company CFO and CIO for manufacturing, service, health care and high-tech firms. His background includes over 20 years of Board experience. He has also been the interim CEO of Well Services Ltd.
He also serves on the Audit Committee for Opportunity International and was previously on the Board of St. Alexius Medical Center.
Mark is a CPA. He received his MBA in IT from the University of Minnesota and his B.S. in Accounting from The Ohio State University. He can be reached at 919-439-9550, [email protected], or at the website www.brentwood401k.com.
February 15, 2018
Topic: Healthcare Compliance: Is 2018 Off To A Good Start?
Speakers: Steve Byrd & Lindsey Surratt of Hill, Chesson & Woody
The past two years have been a legislative roller coaster for health and welfare plans. From a new presidential administration and ongoing uncertainty surrounding the Patient Protection and Affordable Care Act, to legal challenges of existing rules and increased enforcement of regulations, employer Plan Sponsors have been left wondering what might be around the next turn. This presentation will review the most important compliance developments for health and welfare plans year to date and beyond.
Steve Byrd is an Area Vice President, Health & Welfare Consulting for Hill, Chesson & Woody, a division of Gallagher Benefit Services, Inc. Steve takes a strategic approach to helping business employers design, initiate and manage customized benefit programs for their employees. He joined the company in 2001.
In his role, Steve leverages the firm’s resources and provides expert consultation in the area of benefit plan design and development for clients in the 25-250 employee market segment.
Steve received his Bachelor of Science degree with a double major in Business Management and Economics from NC State University.
Lindsey Surratt, JD, is the Compliance Director and leader of the Southeast Region’s Legislative Compliance team. As Compliance Director, Lindsey leads a team of compliance experts that provide support to the offices within the Southeast Region.
Lindsey utilizes her knowledge of healthcare reform, ERISA, COBRA, HIPAA, and the Internal Revenue Code to provide guidance to employer Plan Sponsors. With the support of her team, Lindsey educates clients and internal staff members on health and welfare plan regulatory compliance, delivers practical answers to day-to-day compliance questions, and helps develop new tools to promote compliance.
Previously, Lindsey practiced law with a boutique health care firm in Louisiana where she advised physicians and healthcare providers on compliance with physician self-referral and anti-kickback statutes, analyzed healthcare contractual relationships, and provided advice on mergers and acquisitions. Her work with employers in other areas of the healthcare industry provides her with a unique, well-rounded perspective on health and welfare plan compliance.
Lindsey is a graduate of the University of North Carolina at Chapel Hill and Loyola University New Orleans College of Law, cum laude. She is a licensed attorney in the States of North Carolina, Louisiana, and Mississippi. She is an active member of the Health Law section of the American Bar Association and a frequent speaker on employer-sponsored health and welfare plan compliance topics.
January 2018 Social
Date: Tuesday, January 23, 2018
Time: 5:00 - 8:00 p.m.
Location: Triangle Shooting Academy, 6501 Mt. Herman Rd., Raleigh, NC 27617
Please join us for an opportunity to socialize with your fellow CFOs in the Triangle area. It’s a great opportunity to reestablish old relationships and make new ones. The RTP CFO Forum is hosting January’s Social Event at Triangle Shooting Academy. The event is sponsored by Hill, Chesson & Woody; Davis Moore; and Hire Networks.
Wine, beer, and a social buffet-style meal will be provided by BB&Y Cafe and Catering.
Sponsor: Hill, Chesson & Woody
https://www.hcwbenefits.com/
Hill, Chesson & Woody, a division of Gallagher Benefit Services, Inc., is an insurance brokerage and risk management firm servicing clients in over 150 countries. HCW works with employers to create a sustainable benefits strategy that supports their organizational goals. HCW, your local roots now with a global reach.
Sponsor: Davis Moore
www.davismoorecapital.com
Davis Moore is the Triangle's premiere boutique corporate real estate advisory services firm. Its professionals have a long history of partnering with companies to develop strategies that align their business and real estate needs. As a result, Davis Moore operates as a trusted advisor and collaborator with each client. Their long term, relationship-driven approach ensures that each engagement is specific to the client's individual goals. Team experience includes work with many leading Triangle companies and institutions such as Duke University, Chiesi USA, Citrix Systems, Pendo, Pepsi Bottling Ventures, and many others. Davis Moore's mission is to earn authentic relationships and be held accountable by clients for creating value.
Sponsor: HireNetworks
http://www.hirenetworks.com/
HireNetworks offers nationwide recruiting, staffing, and executive search services. HireNetworks fills positions for skills ranging from technology and finance to sales and research. Celebrating 15 years of success this year, HireNetworks is set apart by their experienced, senior recruiting team and reputation in the industry. HireNetworks is ranked top 5 of “Best Places to Work” and was recently named Best Employers in North Carolina again for 2017. Clients use HireNetworks because of their vast network and collaborative approach to understanding their culture, company and staffing needs.
December 14, 2017
Topic: Equity Compensation Strategies, Part 2
Speaker: Lauren Joyce of Hughes Pittman & Gupton, LLP
Lauren Joyce of Hughes Pittman & Gupton, LLP will be presenting the follow-up session on equity compensation strategies. The presentation will cover valuation assumptions, most common pitfalls in administration and accounting, and taxation. We will also cover a general section on accounting for equity compensation and financial disclosures and an industry update.
Lauren E. Joyce, Partner/Director of Audit Services: Lauren has 14 years of experience in public accounting. She joined Hughes Pittman & Gupton, LLP in January 2006 and became a partner in 2016. She was previously with the regional firm, Feeley & Driscoll, LLC, working in the Boston office as an in-charge healthcare auditor.
Lauren manages the Firm’s Equity Solutions team which provides outsourced stock option administration, consulting, and reporting for both public and private companies. She is Director of Audit Services and works with a variety of clients in the knowledge-based and CleanTech industry as well as companies with government grants and contracts. Her experience in these industries includes attestation engagements, business consulting, transactional analysis, and preparation for and compliance under SOX.
November 16, 2017
Topic: Equity Compensation Strategy
Speakers: Mikal Shaikh and Jamie Hinkle of Smith Anderson LLP
Mikal Shaikh and Jamie Hinkle, partners at Smith Anderson LLP, will lead a discussion regarding effective strategies and common pitfalls in equity-based compensation. Their presentation will cover the various vehicles and structures for equity compensation, as well as standard terms, emerging compensation trends, and the potential tax implications of each.
Mikal Shaikh, Partner: Mikal practices in the areas of corporate law, securities law, and mergers and acquisitions. He regularly represents all sizes of companies, from start-up and growth companies through large public corporations, and has extensive experience helping companies implement effective equity compensation structures.
Jamie Hinkle: Jamie frequently advises corporate clients ranging from start-ups to global publicly-traded companies with respect to the adoption and administration of annual and long-term incentive and bonus plans, nonqualified deferred compensation arrangements, and various equity-based compensation plans, including stock option, restricted stock, and restricted stock unit (RSU) awards.
October 19, 2017
Topic: Economic Forecasts - "All Forecasts Are Wrong, Some Are Useful"
Speakers: Chuck Re Corr and Geoffrey Bell of the Re Corr Bell Group, a Merrill Lynch Global Wealth Management company
Every decision we make is based on some assumption about the future (a forecast) from as simple as taking an umbrella to work to the decision to raise capital. Given the importance of forecast accuracy to decision-making we all would benefit, professionally and personally, by having a clear understanding of the art and science (it is a science) of forecasting. In this talk we will cover:
- The various types of forecasts – values and limitations
- How to think about uncertainty
- How the stock market may be a predictor of your company’s future
- The probabilities’ of down turns in the stock market
- Market Timing – the Holy Grail of investing
- The questions to ask yourself and others about your forecast
Chuck Re Corr, CAP®, CIMA®, CIMC® is the Managing Director of the Re Corr Bell Group, a Merrill Lynch Global Wealth Management company.
Prior to joining Merrill Lynch in 1973, Chuck spent seven years in the U.S.Army. He is a senior member of the team and focuses on various aspects of client service. His long tenure and extensive experience with the firm aid him as he works with clients to develop customized wealth management strategies. He draws on his deep knowledge of investments to help clients pursue their financial goals by striking a balance between their risk tolerance and financial objectives. Chuck focuses on offering investment insight to corporate directors as well as individuals, families, business executives and entrepreneurs. He is the team's lead portfolio manager and dedicates the majority of his time to managing the team's portfolios on behalf of clients.
Chuck holds the Chartered Advisor in Philanthropy® (CAP®), the Certified Investment Management Analyst® (CIMA®) and the Certified Investment Management ConsultantSM®(CIMC®) designations. As a founder of the Research Triangle Chapter of the National Association of Corporate Directors, Chuck is passionate about its mission to improve the performance and governance knowledge of local boards of directors. He also serves as an arbitrator for the Financial Industry Regulatory Authority (FINRA), an organization devoted to protecting investors by maintaining fairness in U.S. capital markets.
Chuck received an associate's degree from Thomas A. Edison College in Trenton, New Jersey. He and his wife, Susan, reside in Cary, North Carolina, and have five adult sons between them. In his leisure time, Chuck enjoys growing orchids, weight training, gourmet cooking, travel and fly-fishing.
Geoffrey Bell, CPM® is a Senior Vice President of the Re Corr Bell Group, a Merrill Lynch Global Wealth Management company.
Geoff joined Merrill Lynch in 2005. Focusing on investment strategy and income management, his role on the team involves portfolio trade execution, monitoring and analytics, and reviewing performance and progress toward goals with clients. His experience extends to helping clients develop restricted-stock awards strategies, including Rule 10b 5-1 programs and other Rule 144 issues. Additionally, Geoff works with the adult children of clients to educate and help them become better financial decision makers. He also facilitates family meetings for the discussion of intergenerational wealth transfers.
Geoff holds the Certified Portfolio Manager (CPM®) designation. In his spare time, he serves as corporate secretary for the Research Triangle Chapter of the National Association of Corporate Directors.
Geoff received dual bachelor's degrees in economics and management and society from the University of North Carolina in Chapel Hill. While there, he completed a summer internship at Merrill Lynch. Geoff resides in Cary, North Carolina, with his wife, Jennifer, and their children, Adrian, Declan, Tyson and Ava. His interests include soccer, mountain biking, golf, micro brewing and travel.
September 21, 2017
Topic: Objective Review of Leading Business Budgeting Software Applications
Speaker: Philip Massey, Founder, Massey Consulting
Philip Massey will lead an interactive discussion on the relative advantages and disadvantages of three of the leading standalone business budgeting applications and their relative value compared to their most frequent alternative, spreadsheets. Topics to be covered will include:
- An objective review of Budget Maestro, Host Analytics, and Adaptive Planning budgeting software applications and their relative strengths and weaknesses
- A discussion on the values of best of breed standalone budgeting packages versus integrated budgeting modules
- A discussion of the relative costs and hidden costs of budgeting and forecasting using spreadsheets versus dedicated budgeting applications.
- Issues in integrating these applications with general ledger, project management and performance management applications
- Practical tips or traps and common mistakes
Budgeting and forecasting are critical and essential roles for all CFOs. Please attend to learn how you can improve budgeting and forecasting within your organization and help your company achieve its strategic and tactical objectives.
Philip D. Massey, CPA, the President and Founder of Massey Consulting, has spent approximately 20 years in the accounting software industry. Mr. Massey worked at a software consulting firm and in public accounting prior to founding Massey Consulting. He graduated from UNC-Chapel Hill with a degree in Accounting with a minor in Finance.
August 17, 2017
Topic: Strategies for Managing Cyber Insurance
Speaker: Courtney Warren, Consultant, Property & Casualty Division, Marsh & McLennan Agency LLC & Edward Lloyd, Account Executive, Executive & Professional Specialty Practice, Marsh & McLennan Agency LLC
Courtney Warren and Edward Lloyd will lead an interactive discussion on purchasing the right levels and types of cyber insurance coverages. Topics to be covered will include:
1. Preparing applications for cyber insurance.
2. Policy Coverages and Structure – what to expect.
3. What are your exposures? Understanding First Party versus Third Party coverages.
4. Which coverages are essential and which may be optional.
5. Policy Exclusions – what to look out for.
6. Choosing limits, sub-limits and deductibles and evaluating limits versus premium costs.
7. Determining optimal levels of coverage to purchase based on a company’s size and risks, balancing premium costs against being underinsured.
8. What’s negotiable and what isn't.
9. Interaction with other policies such as General Liability, Directors & Officers Liability and Crime insurance.
10. Risk mitigation strategies that can reduce exposures and premiums.
11. Practical tips or traps and common mistakes with respect to cyber insurance.
Most CFOs are directly responsible for or are involved in insurance procurement decisions. Come learn new insights from an expert.
Courtney Warren is the Tech & Life Science Practice Chair for Marsh & McLennan Agency’s Mid-Atlantic region. She specializes in risk and insurance consulting within the property and casualty group. She has developed particular expertise working with companies whose businesses present complex challenges from a regulatory and liability standpoint. In her role, she provides strategic advice and customized risk management solutions for organizations throughout the Southeast in the biotechnology, pharmaceutical, and medtech industries.
Courtney is a board member of SCBIO. She is actively involved with the Southeastern Medical Device Association (SEMDA) and the North Carolina Center of Innovation Network (NC COIN).
Courtney graduated magna cum laude from Furman University. Following graduation, she worked as a writer in the White House Office of Presidential Correspondence for President George W. Bush. She served as a Rotary Ambassadorial Scholar in Buenos Aires and did her graduate studies at Universidad Torcuato di Tella.
Edward Lloyd has worked in Marsh & McLennan Agency’s Executive Liability Practice since May 2012 and specializes in the negotiation, placement and servicing of Executive Liability and Professional Liability insurance, including Directors and Officers, Employment Practice, Fiduciary and Privacy and Network Security Liability (Cyber) coverages, as well as Professional Liability and Crime and Kidnap & Ransom insurance.
Edward has more than 25 years experience as a Commercial Insurance Broker in both the USA and the UK. Having worked for Lloyd’s Brokers in London, England, he moved to the USA in 2005 where he joined Marsh & McLennan’s Financial and Professional Risks division, working alongside Client Executives on a number of high profile clients.
Edward has qualified as an Associate of the Chartered Insurance Institute in London, England and maintains active P&C Licenses in the USA.
July 2017 Social
Date: Tuesday, July 18, 2017
Time: 6:00 - 8:00 p.m.
Location: Avalara, 512 S. Mangum Street, Suite 100, Durham, NC 27701
Come watch the Durham Bulls play the Indianapolis Indians. It’s summer time and time to connect and network with your fellow CFOs and senior financial professionals. It’s a great opportunity to reestablish old relationships and make new ones.
Sponsor: Avalara
https://www.avalara.com/
Avalara helps businesses of all sizes achieve compliance with transactional taxes, including VAT, sales and use, excise, communications, and other tax types. The Avalara Compliance Cloud™ platform is comprehensive, fast, accurate, and easy to use. They offer >500 hundred pre-built connectors into leading accounting, ERP, ecommerce and other business applications. Each year, they process billions of indirect tax transactions, file hundreds of thousands of tax compliance documents and tax returns, and manage millions of exemption certificates and other compliance-related documents.
June 15, 2017
Topic: New Lease Accounting Standards - Are You Ready?
Speaker: Rod Wilson, CPA, Senior Manager and Heads the Ag Biotech Practice at Hughes Pittman & Gupton, LLP
With the implementation deadline getting ever closer for Lease Accounting, get an overview of the technical accounting and reporting requirements, and learn how companies are making preparations and readying themselves for potentially significant reporting and operational impacts.
Rod Wilson has over ten years of experience in public accounting. He was previously with Grant Thornton, LLP as an audit associate and joined Hughes Pittman & Gupton, LLP in October 2007.
Rod is a senior manager in the Firm’s audit practice and heads the Firm’s Ag Biotech practice. He works with clients in a variety of industries, including biomedical and pharmaceutical, software and technology development, healthcare, venture funds, as well as nonprofits. His experience in these industries includes audits, reviews, and compilations of financial statements, testing and documentation of internal controls, and general business consulting.
May 18, 2017
Topic: How to Attract & Retain Millennials
Speaker: Tom Sheehan MBA, SPHR, Strategic HR Advisor and Business Partner with Capital Associated Industries
Attracting and retaining talent is no longer just an HR function. Successful companies today are having to collaborate at the highest level of the organization to develop strategies that attract and keep the best talent. CFOs can play a critical role in the development and implementation of talent acquisition and retention strategies. Did you know that millennials now make up over one-third of the workforce?
Born between 1980 and 2000, millennials grew up in a digital age with constant access to information. Millennials are new, hungry, and impatient, and they’ll turn your company upside down with their sense of rebellion. Or at least, that’s the myth.
In this session, we will help you separate fact from fiction and allow you to sort through what really matters to millennials.
During the session you will:
- Learn how to make your workplace more attractive to millennials
- Learn how to boost your on-boarding experience to get employees fully functional as quickly as possible
- Learn how to supervise millennials and help them develop their career path within your organization
- Learn how to improve employee engagement and productivity by better addressing the needs of your millennial workforce
Tom Sheehan is a Strategic HR Advisor with Capital Associate Industries (CAI). His primary role at CAI is to provide expert advice in the following areas: talent management, talent acquisition processes, performance management, employee engagement, culture development, mergers and acquisitions, and change management.
Prior to joining CAI, Tom served as the Director of Talent Management and Acquisition for The Pantry, a Fortune 500 convenience store and restaurant chain. Previously, Tom served as the Director of Talent Acquisition for Rite Aid, a Fortune 500 retail pharmacy chain.
Tom holds a B.A. from Loyola University in Maryland and an MBA in Organizational Development from Drexel University. In addition, Tom is certified as a Senior Human Resources Professional.
April 20, 2017
Topic: Board Expectations of the CFO
Speaker: Jack Finley, CPA, Director on multiple corporate boards
In this presentation, Jack Finley, an experienced Board Member, will discuss, from a board perspective, the board’s relationship with and expectations of the Company’s CFO. He will discuss the technical, tone, and “soft skills” expectations. Using real-world experiences, Finley will address best practices and do’s and don’ts for CFO.
Jack is a certified public accountant with over 40 years of experiences in public accounting, having served as a Partner with international accounting firms KPMG and Grant Thornton LLP. He also has over 30 years of experience as a nonprofit board member, and 11 years on for-profit boards of directors. Finley currently serves on the board of three nonprofits: the Research Triangle Chapter of the National Association of Corporate Directors, the North Carolina Theatre, and Haven House Services. He is also a Director of AgCarolina Farm Credit, a $1.5 billion farm credit bank headquartered in Raleigh, where he has served on the audit, compensation, and governance committees. Currently, Finley is an Advisory Director of BOK Financial Corporation, a public $32 billion bank holding company headquartered in Tulsa, Oklahoma, and serves on the audit committee. Finley is a candidate for director at the April 25, 2017 annual shareholders’ meeting.
March 16, 2017
Topic: Employee Stock Ownership Plans ("ESOPs") - What Are They and How Can They Support Your Organizational Goals?
Speaker: David Bass, Founder and CEO of Arena Capital Advisors, LLC
So you think you understand ESOPs, and they are not a good fit for your organization. Or are they? As a CFO, are you looking for options to:
- Provide an enhanced retirement benefit?
- Drive performance improvement?
- Support business continuity?
- Uncover tax savings options?
If so, don’t miss this opportunity to learn more about ESOPs from industry expert, David Bass.
David is the founder and Chief Executive Officer of Arena Capital Advisors, LLC. He focuses on the sale of privately held businesses and helping business owners develop strategies for their exits or ownership transitions. David has represented business owners in a variety of industries including biotechnology, business services, contracting, manufacturing and distribution, education, environmental services, healthcare, IT services, medical devices, software, and many more.
He has developed a sub-specialty in working on transactions involving ESOPs as an approach to ownership transition that is both highly tax-advantaged and employee friendly.
David attended Duke University and graduated from the University of South Carolina. He also completed the executive program in Mergers and Acquisitions at the Wharton School of Business.
February 16, 2017
Topic: Legal and Contractual Issues with Cloud Providers
Speaker: Trevor Schmidt and Holly Coldiron, Attorneys with Hutchison PLLC
More and more of the world’s computer software is moving to an online-only format for use. Fewer companies are licensing copies of software housed and operated internally. Rather, companies are “licensing” use of software that resides on the provider’s servers, or more likely, the provider’s service provider’s servers. The company’s data is typically processed and stored on these servers as well.
These software-as-a-service (“SaaS”) or cloud service relationships create many benefits for companies, including reducing the company’s infrastructure costs. With these benefits, however, come risks, including lack of control over the company’s data, security of data, and sharing of liability relating to security breaches or service failures. Companies often don’t know what processes or protections are implemented by their providers or what control their provider has over the servers processing the company’s data.
Holly Coldiron and Trevor Schmidt, attorneys with Hutchison PLLC, will provide an overview and lead an interactive discussion of the many legal issues and controversies surrounding contracts with cloud service providers. They will discuss what provisions can be negotiated, what diligence companies need to perform, and when red flags may mean real trouble ahead. They will also discuss data ownership and privacy risks.
Trevor Schmidt is a partner with Hutchison PLLC, leading the firm’s intellectual property protection practice. Trevor is a registered patent attorney with a technical background in physics. He has considerable experience in all stages of the life of a trademark, including selection and clearance, application preparation, prosecution before the United States Patent and Trademark Office, foreign filings, opposition and cancellation matters, preparing and responding to cease and desist letters, domain name registration, protection strategies and Uniform Dispute Resolution Policy (“UDRP”) complaints. Trevor routinely provides counsel on the intellectual property issues associated with major transactions and advises clients on maximizing their intellectual property assets through enforcement and licensing strategies.
Holly Coldiron works with growing and established companies, primarily in the areas of intellectual property protection and commercialization. Her clients range from mobile application developers to SaaS providers to traditional software companies. Holly assists clients with a variety of commercialization and business agreements, including SaaS agreements, development contracts, license agreements, terms of service, and privacy policies. Holly also works with a number of clients in the medical device and life sciences and pharmaceutical fields in negotiating, drafting and reviewing business agreements for clinical trials, supply and manufacturing, product development, and collaboration.
Both Holly and Trevor received their Juris Doctorate degrees from The University of North Carolina at Chapel Hill School of Law. Hutchison is a boutique law firm that represents emerging and growing technology, life sciences, and healthcare services companies of all sizes from inception through exit, along with the investors that finance them.
January 2017 Social
Date: Wednesday, January 18, 2017
Time: 5:30 - 7:30 p.m.
Location: Ruth's Chris Steak House, 2010 Renaissance park Place, Cary, NC 27513
Let's kick off the 2017 year in style! Please join us for an elegant evening of networking and socializing with your fellow CFOs and senior financial professionals. It's a great opportunity to reestablish old relationships and make new ones. With mouth-watering appetizers, domestic and craft beers, and top-rated wines from around the world, this is an event you won't want to miss.
Ruth's Chris SteakHouse
www.ruthschris-cary.com
Ruth's Chris Steak House in Cary, North Carolina is an upmarket steakhouse chain known for sizzling, butter-topped beef in an elegant setting. Whether it's a romantic dinner for two, an important business luncheon, or a private party, Ruth's Chris Steak House can accommodate your needs. The steak house provides guests with a warm, comfortable atmosphere that is casual, yet elegant. Feel free to laugh out loud, stay a while, experience the sizzle, and above all, enjoy yourself. Valet service is available.
Sponsor: RPG Solutions, a division of HUB International Southeast
www.rpg-solutions.com
www.hubinternational.com
The global resources and local relationships create world-class results for clients. As a top 10 global insurance broker, HUB International offers Property and Casualty, Life and Health, Employee Benefits, HR Services, and unique HR technology solutions. The entrepreneurial spirit that formed HUB is evident today in the way they do business. With offices across North America and a strong local presence in the Triangle and Triad, HUB International is uniquely positioned to tailor solutions to meet local needs.
Sponsor: Davis Moore Capital
www.davismoorecapital.com
With roots dating back to the late 1990's, Davis Moore Capital is the Triangle's premiere boutique corporate real estate advisory firm. Its professionals have a long history of partnering with companies to develop strategies that align their business and real estate needs. As a result, Davis Moore operates as a trusted advisor and collaborator with each client. Their long-term, relationship-driven approach ensures that each engagement is specific to the client's individual goals. Their principals' experience includes work with some of the leading companies in North Carolina such as Duke University, Progress Energy, Citrix Systems, PPD, Pepsi Bottling Ventures, Burt's Bees and many others. Davis Moore's mission is to earn authentic relationships and be held accountable by clients for creating value.
December 2, 2016
Topic: Social Engineering and Cybersecurity in Today's Environment
Speaker: Grant Bell, Senior Vice President of Marsh & McLennan
Imagine this: you are Chief Financial Officer or VP of Finance of your company, and you are on a well-deserved vacation: a cruise, in neutral waters, completely off the grid.
You can take vacations like this knowing that you’ve got one of the hardest working Controllers around “minding the store.” One Friday evening, your Controller is the only person remaining in the office when an e-mail arrives from your CEO. Your Controller has been with the company long enough to know that the CEO never stops working. It is not at all unusual for the CEO to be wheeling, dealing, or emailing on a Friday or Saturday night. The CEO explains a need to get an important vendor paid ASAP and can’t get in touch with you to process the payments. The email trail includes messages from you indicating you are in favor of this transaction as well as a copy of the invoice.
Being a good soldier, the Controller does not want to bother you or slow down the payment since clearly from the email trail, you are onboard with this transaction. So, your Controller quickly sets up the wire for $28,523.49 to pay this invoice.
Just like that, this invoice is paid. Unfortunately, neither you nor your CEO has ever heard of this vendor and the money has disappeared into the abyss of the international banking system. Also, unfortunately, your bank is not at fault and is not responsible for the loss. Law enforcement cannot help either. This money is not recoverable. Directors and officers liability insurance (D&O) or other traditional insurance products won’t address the issue either.
Does this sound like a nightmare you can easily wake up from and everything will be alright? Unfortunately it is all too real…and it has a name: Social Engineering Fraud.
Social Engineering Fraud is endemic throughout the U.S. and Europe. Do you think Cyber-related risks are solely IT’s problem? Think again.
On December 2nd, we will dive into Social Engineering Fraud and touch on Cyber Insurance. We will explain why and how these issues are keeping CFOs up at night, and what to do about it.
We will also have real-life examples of attempts to “socially engineer” payment out of companies. If any of the participants are willing to share emails or other attempts that have been made on their systems, please email a copy of the email or scenario to [email protected] to be included in the presentation/discussion, or come prepared to share in a group discussion.
Grant Bell is a member of Marsh & McLennan’s FINPRO resource group, and co-leads the firm’s Life Science practice for the Southeastern U.S. He will lead a discussion about the social engineering industry – as it has become an industry, how these claims happen, and what you and your company should be thinking about for readiness.
November 4, 2016
Topic: Economic Outlook
Speaker: Chip Wittmann, CFA, Executive Director, Sterling Capital Management
Chip is a Portfolio Manager for the Leaders portfolio that invests in global large cap stocks and is on the investment team for the Sterling Capital Equity Opportunities Group. He joined the Equity Opportunities team in 2014 after ten years as a portfolio manager and analyst with Thompson Siegel & Walmsley (TS&W). Prior to TS&W, he was a portfolio manager and analyst with Shockoe Capital, an equity long/short hedge fund. In addition, he was a senior research analyst for Wells Fargo Securities as well as a commercial loan officer with Bank of America. He received an M.B.A. from Duke University’s Fuqua School of Business and a B.A. in Economics from Davidson College. He is a CFA charter holder and a past President of CFA Virginia.
2016 has been a volatile year for both the global and U.S. economies. Farley will present an economic outlook reviewing what occurred in 2016 and revealing what may be in store for 2017.
October 7, 2016
Topic: Measuring What Drives Future Financial Performance with the Balanced Scorecard
Speaker: Howard Rohm, President & CEO of Balanced Scorecard Institute, a Strategy Management Company
Organizations of all sizes and sectors need to understand their customer value proposition and have a clear strategy for meeting customer needs. They need to measure success of their strategies and understand what organizational capabilities and processes drive customer satisfaction and financial success (in business and industry), or drive stakeholder satisfaction and program effectiveness (in nonprofits and other mission-driven organizations). The balanced scorecard is a popular strategic management system that gives organizations the ability to align an organization around strategy, communicate what needs to be done with clarity, measure what matters, build individual and collective accountability for results, and prioritize the most important work.
Howard Rohm is President and CEO of the Cary, NC Balanced Scorecard Institute and Founder of the Strategy Management Group, Inc., the Institute’s parent company. He is a professional speaker, author, performance management trainer, consultant, and technologist with over 40 years' experience. Howard has trained over 3,000 strategic management professionals from 50 countries and helped dozens of organizations worldwide build a balanced scorecard and other performance planning and management systems. Howard developed the Institute’s Nine Steps to Success™ scorecard methodology, a framework adopted by the U.S. Congress Administrative office, several programs at the United Nations, international nonprofit associations such as the Susan G. Komen Foundation; governments and ministries, such as the Ethiopian Federal Ministry of Health (sponsored by the Bill and Melinda Gates Foundation); defense entities; and major corporations, including Fluor, Mary Kay Cosmetics, and Constellation Energy. Howard has bachelor’s and master’s degrees in engineering from Iowa State University and George Washington University and is co-author of an Amazon top-ten business book, Simplify Strategic Planning and Management with the Balanced Scorecard.
September 9, 2016
Topic: Impact of New Revenue Recognition Standards
Speaker: Cathy Patton, Senior Audit Manager and Revenue Recognition Team Leader at Hughes Pittman & Gupton, LLP
There is a mandatory change for recognizing revenue that could materially change your profitability. This change allows many technology companies to recognize some revenue stream aspects earlier and defer certain costs, resulting in higher revenue and profitability. Public companies must have this in place by 2018, private by 2019. However, early adoption is available in 2017 for both. This session will explore and explain the revenue recognition changes, how this might benefit you and your company, and what needs to be done to get you there.
Cathy Patton is a Senior Audit Manager at HPG, and heads up the firm’s Revenue Recognition Team. She has over 24 years of experience in public and private accounting. Cathy has worked with clients ranging from startup companies financed by private venture capital to public companies. She is also a member of HPG’s Technology Practice, serving various software and Software as a Service (SaaS) clients. Cathy’s consulting experience is focused on revenue recognition, and includes working with many startup through venture backed technology companies on their initial GAAP implementation for financial reporting to investors and lenders, or to prepare for due diligence
August 5, 2016
Topic: Finding Your Money in the Crowd
Speaker: Jim Verdonik of Ward and Smith, P.A.
Most businesses won't do all their capital raising through the internet, but for the first time that is becoming possible because there is now a type of Crowdfunding that is suitable for businesses at all development stages. Jim's presentation will discuss:
- The seven types of securities Crowdfunding that enable you to raise $10 thousand to $50 million
- Statistics on recent big Crowdfunding raises
- Primary Crowdfunding misconceptions
- New types of securities designed for Crowdfunding
- Primary differences between successful and unsuccessful Crowdfunding campaigns
- Benefits to issuers
- Benefits to investors
- How to choose the best type of Crowdfunding offering for your business
- How to combine Crowdfunding with traditional capital raising
Alas, thought leaders don't make much money. Jim's day job is being a Securities, Venture Capital and Technology lawyer for Ward and Smith in Raleigh. http://www.wardandsmith.com/attorneys/james-verdonik
Jim's new book Crowdfunding: A Legal Guide to Investment and Crowdfunding Regulations will be released by his publisher (Thompson Reuters) before Labor Day weekend.
You can find more about Jim at his YouTube Channel https://www.youtube.com/playlist?list=PLEyL-gjb9p8yqMcjg41srt8r69XYcSU7Q
July 2016 Social
Date: Thursday, July 21, 2016
Time: 5:30 - 7:30 p.m.
Location: CAPTRUST Tower, 16th Floor, 4208 Six Forks Road, Raleigh, NC 27609
Please join us for an opportunity to socialize with your fellow CFOs in the Triangle area. It's a great opportunity to reestablish old relationships and make new ones. Wine, beer, and light appetizers will be provided by Catering By Design.
CAPTRUST Financial Advisors
www.captrustadvisors.com
CAPTRUST Financial Advisors is an independent investment research and fee-based advisory firm specializing in providing retirement plan and investment advisory services to retirement plan fiduciaries, executives, and high-net-worth individuals. The firm was built on the premise that investors are best served by advisors who are motivated to focus exclusively on the best interests of their clients. This unwavering commitment to independence and transparency has enabled CAPTRUST to grow from the vision of its entrepreneurial founders to one of the largest independent advisory firms in the country.
Sponsor: RPG Solutions, a division of HUB International Southeast
www.rpg-solutions.com
The global resources and local relationships create world-class results for clients. As a top 10 global insurance broker, HUB International offers property and casualty, life and health, employee benefits, investment and risk management solutions. The entrepreneurial spirit that formed HUB is evident today in the way they do business. With offices across North America, HUB International is uniquely positioned to tailor solutions to meet local needs.
Sponsor: Davis Moore Capital
www.davismoorecapital.com
With roots dating back to the late 1990's, Davis Moore Capital is the Triangle's premiere boutique corporate real estate advisory firm. Its professionals have a long history of partnering with companies to develop strategies that align their business and real estate needs. As a results, Davis Moore operates as a trusted advisor and collaborator with each client. Their long term, relationship-driven approach ensures that each engagement is specific to the client's individual goals. Their principals' experience includes work with some of the leading companies in North Carolina such as Duke University, Progress Energy, Citrix Systems, PPD< Pepsi Bottling Ventures, Burt's Bees and many others. Davis Moore's mission is to earn authentic relationships and be held accountable by clients for creating value.
June 3, 2016
Topic: The Internet of Things Opportunity
Speaker: Tom Snyder, Adjunct Professor of Electrical and Computer Engineering and NCSU and Executive Director of NC RIoT (Regional Internet of Things)
This presentation is designed for CFOs and companies that believe they need to understand and learn about the Internet of Things (IoT) in order to remain competitive. The presentation will address how businesses across multiple industry sectors are taking advantage of what has been dubbed the Fourth Industrial Revolution. You'll learn what comprises an IoT system, how needs-based design can drive value and where your organization can, or must, plug into the IoT value chain. Finally, you'll learn how North Carolina is becoming the center of the global universe for IoT development, and how to get involved.
Tom Snyder is an Adjunct Professor of Electrical and Computer Engineering at NCSU, focused on innovation, entrepreneurship and creating cross-college, experiential learning opportunities for engineers, designers and business majors. He is also the Executive Director of NC RIoT, a nonprofit economic development organization focused on growth of the Internet of Things economy in North Carolina. He was previously the Industry Liaison for the Advanced Self-Powered Systems of Integrated Sensors and Technologies (ASSIST) Nanosystems Center at NCSU, where he was responsible for recruiting, managing, and developing industry relationships, fostering collaboration between member universities, researchers, students and the industry, and driving research towards practical and profitable commercialization.
NC Regional Internet of Things, affectionately known as NC RIoT, brings together the state's IoT resources and talent. NC RIoT hosts frequent Meetups to bring together IoT companies and experts from across the state, Southeast, and USr. Ola
May 6, 2016
Topic: Additive Manufacturing: Disruptions in the Marketplace
Speaker: Dr. Ola Harrysson, Professor, North Carolina State University (NCSU)
Dr. Ola Harrysson joined the Industrial and Systems Engineering ("ISE") department in January 2002 and teaches courses related to product development, manufacturing processes, additive manufacturing, and biomodeling. Most of his research involves additive manufacturing, specifically the medical applications. Dr. Harrysson is in charge of the Additive Manufacturing Laboratory ("AML") in the ISE department. AML is currently involved in both aerospace and medical related research as well as providing faculty and students with prototyping services.
Previously, Dr. Douglas C. Hopkins presented to the RTP CFO Forum on additive manufacturing and 3D printing of electronic energy systems. The world of 3D printing continues to grow and gain attention, and Dr. Ola Harrysson will dive deeper into the topic, focusing on the marketplace and its current and potential disruptions. We hope you are able to join us for another enlightening and interesting presentation on additive manufacturing.
April 1, 2016
Topic: Strategies for Managing General and Product Liability Insurance
Speaker: Diana Bentley, Managing Director, National Casualty Practice, Aon Risk Solutions
Diana Bentley will lead an interactive discussion on purchasing the right levels and types of corporate general and product liability insurance coverages. Topics to be covered will include:
- Which coverages are essential and which may be optional depending on a company's products, services, and risks, and how to evaluate which coverages and policy forms are needed out of the many types of insurance products.
- Determining optimal levels of coverage to purchase based on a company's size and risks, balancing premium costs against being underinsured.
- Determining insurance coverage, and evaluating how much umbrella coverage is needed.
Diana Bentley serves as Director Broker for the Aon National Casualty Practice. Diana joined Aon Risk Solutions in 2013 after 19 years with Marsh in Charlotte, North Carolina. She has led in various capacities including Risk Management Casualty Manager and leader for Non-Traditional Workers' Compensation products. Diana specializes in providing client advisory services as well as coordinating complex placements for national and international clients. Her primary industry focus is Retail, Manufacturing, and Construction having served as the Casualty Advisory Specialist for several Fortune 500 clients. Diana has been a featured speaker for the National Workers' Compensation Conference, Carolina RIMS (Risk Management Society) and local RIMS chapter on Casualty insurance topics including Workers' Compensation and Exclusive Remedy. Diana majored in Accounting at Rockford College in Rockford, IL. She has a Certified Insurance Counselor (CIC) designation.
March 4, 2016
Topic: Additive Manufacturing: 3D Printing of Electronic Energy Systems and Beyond
Speaker: Dr. Douglas C. Hopkins, Professor, North Carolina State University (NCSU)
Prof. Doug Hopkins is with the Electrical and Computer Engineering Dept., Director of the Laboratory for Packaging Research in Electronic Energy Systems (PREES), part of the Future Renewable Electric Energy Delivery and Management Systems (FREEDM) Systems Center, and is an Affiliate Faculty with the Center for Additive Manufacturing and Logistics (CAMAL), at NCSU. The PREES Laboratory conducts R&D in high-performance power electronic systems with particular emphasis on 3D Printed Power Electronics.
He received his PhD from Virginia Tech, worked at the R&D centers of the General Electric and Carrier Air-Conditioning Companies, and co-founded an early launch technology company funded through a Phase II Department of Defense Small Business Innovation Research. Dr. Hopkins also provides consulting and expert witness services in liability and IP litigations. He has published over 100 journal and conference articles, a number recognized with awards.
The world of 3D printing has exploded for a wide range of users from hobbyists, we now call “makers,” to the professional designers that use million-dollar machines to create a diversity of products from electronics and jewelry to human tissue. We’ll explore some of the evolving printing systems applicable to electronics manufacturing on a grand scale, and how they may change the way we present physical examples and prototypes to our customers, thereby reducing time to market. We’ll even explore what might make a good gift for an aspiring engineer, and introduce a new electronics manufacturing resource at NCSU. We hope you can join us for, what will certainly be, an interesting and informative presentation on additive manufacturing, and how it is shaping businesses and the economic landscape.
February 5, 2016
Topic: What's all the fuss about Big Data?
Speaker: Ben Sharma, CEO and co-founder of Zaloni
It seems as though the term “Big Data” is appearing everywhere these days. What is Big Data? Why is it so popular now? How can leveraging the power of Big Data transform the way you do business? Join us as Ben Sharma, CEO of RTP’s rising Big Data software and services provider, Zaloni, answers these questions in an entertaining talk.
Ben is a passionate technologist, author, and thought leader in the Big Data arena, uniquely skilled in communicating the business value of this new market-disrupting technology. Ben will describe actual use cases – what companies have done to leverage Big Data to reduce costs, to improve customer satisfaction, to create new revenue streams – in order to drive the concepts home.
January 21, 2016 Social
Date: Thursday, January 21, 2016
Time: 5:30 - 7:30 p.m.
Location: Taggart Autosport, 1640 NW Maynard Road, Cary
Please join us for an opportunity to socialize with your fellow CFOs in the Triangle area. It's a great opportunity to reestablish old relationships and make new ones. Wine, beer, and light appetizers will be provided by Catering By Design.
Taggart Autosport
www.taggartautosport.com
Taggart Autosport provides only the best high-end performance vehicles on the market, from Italian exotics to extreme off-road Jeeps and trucks. The pristine Cary-based retail showroom offers a jaw-dropping inventory, as well as a manufacturing space equipped for engineering and customizing its vehicles in house. Numerous vehicles will be on display, and staff will be on-site to let you tour the garage and answer any questions you may have.
Sponsor: Hutchison PLLC
www.hutchlaw.com
At Hutchison, we pride ourselves on being a different kind of law firm. Our dedicated team of professionals has extraordinary depth and experience in law and business. We are a diverse team bound together by an entrepreneurial spirit and a passion for excellence. We are more than just attorneys, we are business partners. Hutchison provides business and intellectual property counsel to established and emerging companies throughout the Southeast and Mid-Atlantic. We offer strategic advice and networking in addition to legal counsel because we understand that delivering value well beyond the expected helps our clients achieve extraordinary things.
Sponsor: Rich Commercial Realty
www.richcommercialrealty.com
Commercial real estate is typically any organizations second largest line item. Unfortunately, it can also be one of the biggest strategic challenges: Do we buy or lease? Are we in the correct amount of space? What happens if we need to expand or contract? Executing a proper real estate strategy will directly impact your businesses success, both now and into the future. Rich Commercial Realty has the expertise and experience; let us guide you. We want to partner with you to help you make the most educated decision possible for the future of your business. As your unbiased real estate advisory team, Rich Commercial Realty combines your core values, goals, and objectives along with our market knowledge to deliver exceptional results. Allow us to operate as your strategic real estate advisor and make your interests our priority.
Sponsor: Marsh
www.marsh.com
Marsh is a global leader in insurance broking and risk management. In more than 130 countries, our experts in every facet of risk and across industries help clients to anticipate, quantify, and more fully understand the range of risks they face. In today’s increasingly uncertain global business environment, Marsh helps clients to thrive and survive. We work with clients of all sizes to define, design, and deliver innovative solutions to better quantify and manage risk. To every client interaction we bring an unmatched combination of deep intellectual capital, industry-specific expertise, global experience, and collaboration. We offer risk management, risk consulting, insurance broking, alternative risk financing, and insurance program management services to businesses, government entities, organizations, and individuals around the world.
December 4, 2015
Topic: Raising Capital from an Investment Banker's Perspective
Speaker: Roger Brook, Managing Director, Carolina Financial Group
Roger Brook will lead an interactive discussion on raising capital from an investment banker's perspective. Topics to be covered will include preparing the management team and the Board of Directors to raise capital, what to expect during the process, due diligence, presenting and marketing your story, negotiating terms, and closing the deal. Raising capital is an area of interest to almost all CFOs, and you're bound to learn new insights by learning from someone who's been on the other side of the table on many occasions.
Roger Brook joined Carolina Financial Group's investment banking practice in 2014. Roger has worked with private companies and entrepreneurs for the past 20 years as an investor, banker, advisor, and in various operating roles. His clients have been across a number of industries including technology, distribution, manufacturing, infrastructure, property, retail, and business services.
November 6, 2015
Topic: Economic Outlook
Speaker: Dr. Michael L. Walden, Ph.D.
Dr. Michael Walden is a William Neal Reynolds Distinguished Professor at NC State, where he's taught since 1978. His Ph.D. degree is from Cornell. He teaches and writes on consumer economics, economic outlook, and public policy. Dr. Walden is also a frequent guest on national television networks and has won numerous academic and public awards, including the Order of the Long Leaf Pine in 2013 and the University of North Carolina Board of Governors Award for Excellence in Public Service in 2010.
2015 has been a volatile year for both the global and U.S. economies. Dr. Walden will present an economic perspective focusing on making sense of what occurred in 2015 and revealing what may be in store for 2016. Dr. Walden was invited back to the RTP CFO Forum because his presentations are consistently entertaining, insightful, and informative.
October 2, 2015
Topic: Lessons from a Successful Serial Entrepreneur
Speaker: Steve Malik, Founder and Executive Chairman of Medfusion
Steve Malik, a product of Kinston, North Carolina, is a serial entrepreneur. In this roundtable discussion Steve will use his entertaining style to describe how preparation, skill, luck, and timing have helped him overcome challenges in his journey to build successful companies. After profitably exiting two companies earlier in his career, in 2010 Steve sold Medfusion (a healthcare IT firm he founded and built) to Intuit for $91 million. At the end of 2013, he bought the company back and just recently received $3 million of funding to accelerate its growth. We invite you to join us for what will certainly be an interesting and entertaining discussion.
September 11, 2015
Topic: Improving Facility Cost on Your Next Lease Renewal
Speaker: Michelle Rich Goode & Street Jones, Rich Commercial Realty
Your office lease is about to expire...what are your options? Can you renew? How much notice must you give your landlord? What demands are your operations making on your space? What burden is your rent escalation giving your bottom line? How efficient is your space compared to the market? Do you even have time to give this a thoughtful evaluation? Having a lease abstract to help you better understand your lease terms might help you as you consider your options.
Michelle Rich Goode, founder of Rich Commercial Realty, has more than 30 years of experience in commercial real estate and has represented a prestigious list of clients. She established Rich Commercial Realty in 1989 as one of the first tenant representative firms in the Triangle. She has a B.A. degree from Meredith College and an M.L.S. from East Carolina University. Michelle has served on numerous nonprofit boards in leadership roles including Greater Raleigh Area Chamber of Commerce, Triangle Commercial Association of Realtors, Triangle Commercial Real Estate Women, and Meredith College Board of Trustees.
August 7, 2015
Topic: Analyzing Your Marketing Program
Speaker: Christina Motley, Christina Motley & Associates
Over 100 years ago, John Wannamaker, the inventor of the department store, lamented “Half the money I spend on advertising is wasted; the trouble is I don't know which half." Many CEOs have since repeated this concern, which often is just as true today as it was then.
Christina Motley, Owner and Chief Marketing Officer of Christina Motley & Associates, will help CFOs understand how to solve this conundrum. Her presentation will cover best practices for measuring effectiveness of marketing programs; how to understand and interpret the data across branding, lead generation, social media and public relations initiatives; and how to identify gaps and opportunities for improving marketing programs. The presentation will also address the advantages of using scorecards to measure data.
July 15, 2015 Social
Date: Wednesday, July 15, 2015
Time: 5:30 - 7:30 p.m.
Location: Chatham Hill Winery, 8245 Chapel Hill Road, Cary, NC 27513
Please join us for an opportunity to socialize with your fellow CFOs in the Triangle area. It's a great opportunity to reestablish old relationships and make new ones. Wine beer, and light appetizers will be provided.
Chatham Hill Winery
www.chathamhillwine.com
Chatham Hill Winery was established in 1999 as the first winery in the Raleigh/Durham/Chapel Hill area and the first Urban Winery in North Carolina. Its mission is to produce distinctive, handcrafted wines of high quality and purity from grapes grown in North Carolina. The majority of Chatham Hill wines including Chardonnay, Viognier, Merlot, Cabernet Sauvignon, and Cabernet Franc are handcrafted from the best quality Yadkin Valley AVA grapes produced by our grower partners.
Sponsor: RPG Solutions
www.rpg-solutions.com
Founded in 2000, RPG Solutions is an integrated consulting firm that offers a full range of employee benefits, fractional human resources, and training and assessments. As an extension of your team we are committed to delivering solution oriented employee benefits, HR and/or training solutions through thoughtful strategic planning, negotiations, implementing cost-containment strategies and best in class technology solutions. RPG provides leading edge technology for online paperless enrollment, ACA tracking, data analytics, as well as legislative, communication, and human resource administration tools.
Sponsor: Davis Moore Capital
www.davismoorecapital.com
With roots dating back to the late 1990’s, Davis Moore is the Triangle’s premiere boutique corporate real estate advisory firm. Its professionals have a long history of partnering with companies to develop strategies that align their business and real estate needs. As a result, Davis Moore operates as a trusted advisor and collaborator with each client.
Their long term, relationship-driven approach ensures that each engagement is specific to the client’s individual goals. Their principals’ experience includes work with some of the leading companies in North Carolina such as Duke University, Progress Energy, Citrix Systems, PPD, Pepsi Bottling Ventures, Burt’s Bees and many others. Davis Moore’s mission is to earn authentic relationships and be held accountable by clients for creating value.
June 5, 2015
Topic: Stock Compensation: Tax Implications and Real-world Experiences
Speaker: Petra Weishaupt-Smith, Managing Director of Petra Financial LLC and CFO of 6 local technology companies & Heather Dean, Partner at Hughes Pittman & Gupton, LLP
Stock Compensation is a key element of many companies' benefit and retention plans. While stock options are the most commonly recognized element of stock compensation, other elements can be used. Each element has slightly different tax implication and ultimate impact on the employees. Heather Dean of HPG will be discussing tax implications of several of these structures as well as the business and tax benefits of each. Heather will be joined by Petra Weishaupt-Smith of Petra Financial LLC who will share her real-world experiences in implementing and redesigning stock compensation plans. Each attendee will be eligible to receive on hour of CPE credit for attending this event.
Petra Weishaupt-Smith has over 25 years of diversified financial experience in high tech companies including companies such as A4 Heath Systems, Digitalsmiths Corporation, and Total Sports to name a few. She is currently assisting six start-up technology and biotechnology companies in the Raleigh/Durham area with outsourced CFO services. Heather Dean manages HPG's corporate tax practice. She has 18 years of experience in public accounting, working with clients in a variety of industries including biomedical and pharmaceutical, software and technology development, manufacturing and distribution, and venture funds. Her experience includes corporate and partnership tax compliance, including international and multi-state tax, tax provisions under ASC 740 (FAS 109), and business planning and consulting, including mergers and acquisitions.
May 1, 2015
Topic: W-2 vs. 1099: Employee or Independent Contractor
Speaker: Susan Milner Parrot, Smith Anderson Law Firm (on behalf of J. Travis Hockaday)
For several years, many companies have been cutting back on hiring full-time employees and bringing in more independent contractors to do the same work. Consequently, it can sometimes be hard to tell employees and contractors apart. But the IRS, as well as the Federal and many states' Department of Labor, have been challenging the classification of independent contractors when their functional roles are closer to regular employees. Due to travel complications, Susan Parrott will be speaking on behalf of Travis Hockaday.
Susan Parrott has extensive experience in identifying and managing employment-related issues in mergers, acquisitions and reorganizations. She is frequently called upon to develop and interpret employment, non-competition, confidentiality, and severance agreements. In addition, she routinely advises clients on wage and hour matters, and assists in conducting internal compliance audits and responding to Department of Labor investigations.
April 10, 2015
Topic: Mitigating IT Breaches and Exposure from an Insurance Perspective
Speaker: Aaron S. Driver & Amelia Hayes Bernstein, J.D., Sentinel Risk Advisors
Aaron Driver is a Client Executive with Sentinel Risk Advisors. She seeks and implements new business relationships for Sentinel and manages a comprehensive portfolio. Although well-diversified in scope, Aaron's portfolio has a large concentration of property management and real estate firms, professional service firms and nonprofit/social service entities. Aaron became President-elect of the Triangle Commercial Real Estate Women (TCREW) in January 2013. She is also chairman of the Fostering Bright Futures Foundation.
Amelia Bernstein is also a Client Executive with Sentinel Risk Advisors and specializes in professional liability, directors and officers liability, employment practices liability, fiduciary liability, crime, cyber, and pollution coverages. Amelia is an active member of the Junior League of Raleigh, as well as the North Carolina Bar Association and the Tenth Judicial District Bar.
They will be discussing best practices to mitigate risks in regards to IT breaches and exposure. From an insurance perspective, Aaron and Amelia will present what you need to know about coverages and how they can be integrated as a part of your company's risk mitigation program. Security can be a very touchy subject. However, even if there is no way to completely eliminate the risk of data breaches, it is important for you and your business to be knowledgeable and prepared for such an event.
March 13, 2015
Topic: Mastering Employee Engagement
Speaker: Doug Blizzard, MBA, SPHR, Capital Associated Industries (CAI)
Doug Blizzard is the vice president of membership at CAI, and he brings more than 20 years of HR experience to his leadership role. Doug oversees the company’s membership services and manages CAI’s Advice and Resolution Team. He also teaches classes on HR and management practices, and he consults with clients on EEO, Affirmative Action, and employee relations issues.
Doug will discuss mastering employee engagement. He says that many studies on the topic show that 60 to 70 percent of employees are not engaged with their organization. High numbers of disengaged employees mean companies are losing productivity. Engaged teams are more profitable and more productive than teams that are not. Companies with disengaged teams face several challenges, such as higher turnover, increased absenteeism, and more safety incidents. Doug says the message is clear: if you really want to engage your employees, start by developing your supervisors and managers.
February 6, 2015
Topic: Revenue Recognition Accounting Update
Speaker: Cathy Patton, CPA, Hughes Pittman & Gupton, LLP
Recommended CPE & FOS: 1 Hour - Accounting
Program Level: Basic
Program Objective: New codification has been issued by FASB changing future revenue recognition requirements. This session is intended to provide an overview of those changes and the potential impacts to companies.
Cathy has 23 years of experience, 18 years of experience in public accounting and five years of private industry experience. She was previously with Triangle Transit Authority as their finance officer. She started her career with Coopers & Lybrand in Columbia, South Carolina. She later moved to their Raleigh, North Carolina office where she served as an audit manager for four years. Cathy joined Hughes Pittman & Gupton, LLP in November 2004. Cathy has worked with clients ranging from start-up companies financed by private venture capital to public companies. She has experience auditing companies in a wide range of industries, with a focus on software and life science companies. She also has experience in other industries including CRO, manufacturing, construction, real estate, government, and nonprofit. Her experience in these industries includes financial reporting, business consulting, auditing and review services, as well as managing the IPO process. She will be giving an overview of the new rules and what they mean for you and your company at this meeting.
January 22, 2015
January 2015 Social Event
Mez Contemporary Mexican, 5410 Page Road #8, Durham, NC 27703
This RTP CFO Forum social event will replace the normal January meeting. cocktails & Hors D'Oevres will be provided
Mez Contemporary Mexican: Mez Contemporary Mexican is the latest venture of the locally owned and operated Chapel Hill Restaurant Group. Mez is located in the heart of the Triangle, just minutes from Chapel Hill, Raleigh, Durham, and Cary off I-40 (Exit 282). The menu features traditional Mexican recipes with a modern healthy twist. Daily food and drink specials reflect the changing seasons and the skills of the talented staff. Mez was named "Sustainable Business of the Year" in 2007, and was also the first Green Plus certified business in the United States. Additionally, Mez was the first LEED (Leadership in Energy and Environmental Design) designed restaurant in North Carolina.
Gold Sponsor- Sentinel Risk Advisors: Sentinel Risk Advisors approach risk management from a unique perspective - yours. We understand that the insurance process can seem unmanageable, and may make you feel as though you have little control over your outcome. To help keep you in command of your objectives we provide: a proven process designed to position your company for success, a formalized placement strategy, multi-state capabilities with national and regional carriers, and anticipating and planning for changes in the marketplace and business cycle to effectively manage risk and avoid loss. Our philosophy is tangible, collaborative, and transparent. The coverage process should be a means of protection that you are comfortable with, confident about, and in control of - The Sentinel difference.
Silver Sponsor- Robert Half: Founded in 1948, Robert Half pioneered the concept of professional staffing services. Robert Half once again was named to FORTUNE magazine's list of "Most Admired Companies." The company is traded on the New York Stock Exchange and is a member of the S&P 500 Index. Robert Half currently has staffing and consulting operations in more than 400 locations. As it has grown, the company has kept its specialized approach - each of its seven professional staffing divisions has a separate focus and separate employee teams.
December 5, 2014
Topic: Economic Outlook
Speaker: Dr. Mike Walden, North Carolina State University
Dr. Michael Walden is a William Neal Reynolds Distinguished Professor and North Carolina Cooperative Extension economist in the Department of Agricultural and Resource Economics of North Carolina State University's College of Agriculture and Life Sciences. He teaches and writes on personal finance, economic outlook, and public policy. The College of Agriculture and Life Sciences communications unit provides his You Decide column every two weeks. Dr. Walden will present an economic perspective focusing on issues facing North Carolina and the nation.
November 7, 2014
Topic: Bootstrapping
Speaker: Joe Colopy, Bronto Software
Joe Colopy is the CEO and founder of Bronto Software. Joe founded Bronto in his spare bedroom and did not rely on outside investors to grow the company, but instead bootstrapped his way to employing over 200 people in three continents. Bronto has become the number one ranked email marketing provider to the Internet Retailer Top 1000 and has a client roster that includes Armani Exchange, Timex, Samsonite, and Boot Barn. Earlier in his career, Joe worked as an online marketer for Red Hat, a teacher in the U.S. Peace Corps (Seychelles Islands), and a software developer for the Harvard Business School. He earned an AB in Computer Science from Harvard University and an MBA from the University of North Carolina at Chapel Hill. Come hear Joe's story of how he did not need to rely on outside investors to grow Bronto into one of the top growth companies in the Triangle.
October 3, 2014
Topic: Fraud - Lessons Learned
Speaker: Jay McLamb
Jay McLamb will lead a discussion on the risks inherent in the accounting profession and the ethical responsibility to make the right decisions, no matter what the perceived consequences might be, including a discussion of rationalization and what it can mean to you and others. Jay's message is one of lessons learned, hope, faith, and a commitment to redemption, in hopes of preventing his life altering fate from happening to any CPA or business professional. Jay McLamb is a 47-year-old CFO for Carlie C's IGA Stores. Extremely passionate about small business, Jay is an executive with over 25 years’ experience in both domestic and international finance, operations, sales, mergers and acquisitions, and strategic growth planning. During his 25-year career, Jay has experienced the highest of professional highs to the lowest of professional lows, from being named a Triangle Business Journal's 40-Under-40 recipient, to serving a 24-month sentence in a Federal prison for tax conspiracy. Given the many professional and personal risks CPAs face every day, Jay hopes his humbling message of lessons learned, his hope, his faith and his commitment to redemption, will prevent such a life altering fate for any CPA.
September 12, 2014
Topic: Dr. Jim Fontaine
Speaker: Executive Leadership - Getting Results...Through Others
Executive leaders are responsible for results. To improve company results, executive leaders usually take actions to adjust products and services; to improve internal structures, systems, and talent mix; or to re-vamp strategy. However, as they seek to improve results, executive leaders often ignore a fourth key area that can account for as much as 28% of the variance in performance - organizational work climate. Work climate drives employee focus and motivation and determines how well leaders optimize the human capital and talent under their leadership. Effective executives understand and manage the work climate under them as a key mechanism for improving results. CFO's and finance executives are not only responsible for the immediate work climates they create for their teams, but can add great value in helping their companies understand, measure, and manage work climates company-wide as a key factor in driving performance.
Jim Fontaine is a psychologist, executive coach, and organizational consultant. For over 27 years, he has helped individuals and organizations improve their performance. For the past 12 years, Jim has been the president of his own coaching and consulting firm, Leadership Resources, Incorporated. He specializes in executive assessment and coaching, CEO team assessment and development, group leadership development, and organizational climate assessment and improvement. Having worked with executives at Hoffmann-La Roche, RTI International, Bank of America, and IBM, Jim has considerable experience in coaching executives in research, pharma/biotech, financial services, and technology industries.
August 1, 2014
Topic: Ethical Decision Making
Speaker: Professor Matthew Phillips
Almost all Chief Financial Officers have been faced with ethical challenges at one or more points in their careers. Occasionally, CFOs are faced with bowing to strong pressures to make questionable decisions or making the right decision but possibly facing career suicide. With regulatory agencies and the media stressing the importance of integrity adding to the pressures, decision making models for how to make best ethical decisions and execute on them have been rare and lacking. The Wake Forest University Business Center for Leadership and Character has begun the development of an Ethical Decision-Action Model that begins with appropriate awareness of context and continues through a complete analysis to explanation and execution of the decision and the redesign of processes and systems that gave rise to the underlying ethical issues.
Professor Matthew Phillips, lead developer of the Ethical Decision-Action Model, will present the current version of the model and lead discussion of ways to make the model more effective for business leaders. Professor Phillips teaches courses in business law and ethics across the Business School’s undergraduate and graduate programs. He leverages a passion for innovative teaching and experience as a tax and estate planning lawyer to engage students with the practical intersections of law and business, but also emphasizes the underlying principles that will shape managers’ interaction with law and ethical decision-making throughout their careers. Professor Phillips received undergraduate and law degrees from Wake Forest University and a Master of Divinity degree from Duke University, where he focused on the intersections of law and religion in American history. He has done additional academic work on leadership and ethics at the U.S. Air Force's Air University. He is admitted to practice law before state and federal courts of North Carolina, the United States Tax Court, and the United States Supreme Court.
“Ethical decision-making can be a dicey and difficult proposition in the business world, and is an area where few CFOs have received formal training” said Michael Poe, CFO of XinRay Systems Inc. “We are pleased to be able to get Professor Phillips, a recognized leader in this subject, to share his expertise with the RTP CFO Forum.”
July 15, 2014
July 2014 Social Event
Raleigh Brewing Company, 3709 Neil Street, Raleigh, NC 27607
Reminder - the RTP CFO FORUM July 2014 social event will replace the normal July meeting. Please join us.
As part of this event, CFOs will have a chance to socialize with other CFOs, along with a tour for an in-depth look behind the scenes of the science, business, and the fun of the commercial brewing process. Take a walk through the brewery and learn every aspect from where the grains are harvested, how the yeast is maintained, the mashing in, fermentation, and waiting game that is the science of beer. Guided by knowledgeable representatives, this tour is sure to leave you excited not only about the beers you can drink there, but also about the craft beer scene that is ever expanding around us. Questions will be welcome! Please join us!
Event sponsored by: VACO
Vaco Raleigh, LLC specializes in contract, special project, and direct hire solutions in the fields of accounting and finance, information technology, eLearning and design, operations, and human resources as well as executive search. The staff at Vaco Raleigh has more than 300 combined years of industry experience, with local knowledge and connections as well as access to geographically diverse resources through 29 Vaco offices nationwide.
June 6, 2014
Topic: Transfer Pricing
Speaker: Heather Dean, Partner, Hughes Pittman & Gupton, LLP
CPE: 1 hour CPE Credit
May 2, 2014
Topic: Tools To Be A More Effective CFO
Speaker: Craig Stone
April 11, 2014
Topic: "What Makes Gazelles Run?"
Speaker: Jim Jubelirer, Owner of Jubelirer Results Group
"Gazelles" refer to a small class of companies that grow 20 percent or more annually for four years, at least doubling their revenue in the process. Although they account for only a small percentage of all firms, they account for a majority of the new jobs in the economy. Gazelles are different than elephants, who are slow and not very innovative, and mice, who run around but fail to develop. Gazelles are small firms that grow quickly and create employment.
“We look forward to hearing Jim Jubelirer’s presentation about the key drivers that enable firms to grow quickly and consistently over time”, says Mike Poe, RTP CFO Forum board member and CFO of XinRay Systems. “Jim is an accomplished presenter and business coach who can provide valuable insights on business strategy to executives.”
March 7, 2014
Topic: Foreign Corrupt Practices Act
Speaker: Sean King
February 7, 2014
Topic: Fund Raising in the New Environment
Speaker: Fred Hutchison & Helga Leftwich
January 8, 2014
January 2015 Social Event
Lonerider Brewing Company, 8816 Gulf Court #100, Raleigh, NC 27617
The RTP CFO Forum Board is pleased to announce the January 2014 social event that will replace the normal January meeting.
As part of this event, CFOs will socialize with other CFOs and be given a tour of the “Hideout” and a chance to sample some of Lonerider’s seasonal selections as well as their award-winning signature brews. In addition, Lonerider is arranging a special sampling of one of their beers fresh from the fermenter!
Sponsored By: HireNetworks and RPG Solutions.
HireNetworks is a Triangle-based firm proving nationwide recruiting, staffing, and executive search services. HireNetworks fills accounting and finance jobs from financial analyst level to the CFO. They pride themselves on their senior recruiting team and reputation in the industry. For more information, please visit www.hirenetworks.com. RPG Solutions is the largest independent employee benefits and HR consulting firm headquartered in Raleigh. They have a unique value proposition by offering employee benefits and fractional HR consulting. RPG’s goal is to be a true partner to their clients: acting as an extension of their HR Department.