December 5-6, 2017 at the O’Hare Hilton
“What I like about the group is that we set the agenda, so it is meaningful to us, and we get high-quality participation from the members and outside experts we bring in to address specific topics. There is rarely a meeting I go to that I don’t leave with a number of new ideas and opportunities that have been of value to me and my organization. The meetings are quick, convenient and a manageable size which makes the best use of our limited time.”
Mark Joslin, Vice President and CFO, POOLCORP
Eligibility: Companies with $1B+ in annual revenue.
The NAW Billion Dollar Roundtable is the only opportunity that provides networking and benchmarking exclusively with other top executives of non competing, like-sized Wholesale-Distribution companies.
The NAW Billion Dollar Company CFO Roundtable for direct members was created as a new mechanism for the CFO of large distribution enterprises to network with non-competing peers in multiple lines of trade on key finance issues.
Similar to other billion dollar roundtables NAW has created for the CIO, Operations, CHRO, and Chief Legal Officers this by invitation roundtable is composed of executives from billion dollar companies that meet in Chicago two times per year. This highly interactive group consists of the SENIOR-MOST financial executives or CFOs. The annual fee is $1,800 per member, which covers meeting costs for two events in a twelve-month cycle. Participants are expected to cover the cost of their hotel and travel. Once the annual fee is paid, there are no additional fees to attend the meetings, which will last one day beginning with a reception and dinner the evening before.
The participating companies can also name an alternate who can take the place of the CFO, should that person be unable to attend the scheduled meeting.
If you would like to learn more, please contact John Peter, Adam Isenberg or Tara Mostatab at 202.872.0885.
NAW Billion Dollar CFO Roundtable Preliminary Agenda
December 5, 2017 – Day 1
6:00 PM – 7:00 PM
Drinks & Dialogue Reception
Come prepared to meet and mingle with your fellow participants from the largest firms in the industry.
7:00 PM – 9:30 PM
Billion Dollar Executive Dinner
Make sure to attend the most exclusive executive supper club in Chicago this evening! This dinner is your opportunity to pick the brains of the senior executives for the top wholesale distribution companies in the industry. This is a joint dinner that will include the CFO and CIO executives attending the Fall Roundtable.
December 6, 2017 – Day 2
7:00 AM – 7:45 AM
8:00 AM – 9:30 AM
Opening Joint Session & Discussion with CIOs
“Digitizing the Current Business Processes is the Future of our Industry”
Dane Poeske, Global Industry Leader, IBM
Businesses must translate huge amounts of information and then digitize their entire end-to-end processes to be more flexible and nimble or they will not survive. There are three disruptive technologies that are being tested and deployed across the globe to manage the rapidly growing demands from our customers. Watson is one new technology to help organizations manage information and make better informed decisions quickly. The second is Blockchain, which digitizes transactions between parties to create an unalterable system of record. Finally, the Internet of Things (IoT) can track the physical movement of goods and monitor the performance of these goods in new and exciting ways.
These three technologies can fundamentally change the way products and services are managed throughout the existing business ecosystem.
9:30 AM – 9:45 AM
9:45 AM – 11:00 AM
General Session & Discussion
“Attraction and Retention Strategies for Billion Dollar CFOs”
In the current candidate driven talent market, it is important to think differently when it comes to an approach for succession planning and retention. In this session, the Roundtable members will hear from an industry pro who will enlighten them with strategies to attract the right talent and ways to keep superstars.
- Key considerations for attracting the right talent
- Strategies to engage in succession planning and identify high performers
- Ideas on how to retain good people and develop a career path for them in such a small section of the business (i.e. finance department)
11:00 AM – 12:00 PM
This session is set aside for you to raise any issue you would like and have the group provide their thoughts. This is an open forum to further discuss any item on the agenda or to bring up topics that are not on the agenda. Make sure to take notes during this session, you may find a perfect topic to suggest for the next NAW Roundtable.
12:00 PM – 12:45 PM
Joint Lunch & Networking Discussion with CIO Roundtable
You will have lunch with all of the Billion Dollar Company senior executives at this week’s Roundtable to compare ideas and benchmark across disciplines. Both groups: CFO and CIO executives will attend this joint lunch.
1:00 PM – 2:00 PM
Closing Session & Discussion
“Internal Audit within Distribution – What Billion Dollar CFOs Need to Know”
Warren Stippich – Partner, Global Co-Leader Business Risk Services, Grant Thornton International, Ltd.
Traditionally, internal audit (IA) has served as the independent eyes and ears of boards and management, both regarding risk oversight and compliance. But given the number of risks companies now face along with continuously evolving regulation, there is an opportunity for IA to move beyond its scouting role and serve as an integral part of the team for identifying and combating risk.
- Best practices for an internal audit department within a distribution firm
- What key functions need to be performed within an internal audit department
- How not to get your internal audit staff focused on non-essential tasks
2:00 PM – 2:30 PM
Set Agenda for Next Meeting Scheduled for June 5-6, 2018