May 16-17, 2017 at the O’Hare Hilton
“The Billion Dollar CLO Roundtable is a great opportunity to network with peers and discuss common issues and brainstorm. I often find our discussions more useful than the continuing legal education seminars we general counsel must attend.”
Matthew Geekie, Senior Vice President, Secretary & General Counsel, Graybar Electric Company
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.
*For further details about sponsoring this Roundtable, contact John Peter at email@example.com
The NAW Billion Dollar Company Chief Legal Officer Roundtable for direct members was created as a new mechanism for the Chief Legal Officers 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, CFO, Operations, and Human Resource executive, this by invitation only 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 legal executives. 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 Legal Executive, should that person be unable to attend the scheduled meeting.
If you would like to learn more, please contact John Peter or Tamela Blalock at 202.872.0885.
NAW Billion Dollar Company CLO Roundtable Agenda
May 16, 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
Speaker: Jade West, NAW
As a bonus, the dinner session will also feature Jade West, NAW’s Senior Vice President-Government Relations and Executive Director of the National Association of Wholesaler-Distributors Political Action Committee (NAW-PAC) who was named the 2015 Lobbyist of the Year by CEO Update.
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 CLO, HR and Operations executives attending the spring Roundtable.
May 17, 2017 – Day 2
7:00 AM – 7:45 AM
8:00 AM – 9:30 AM
Opening Session & Discussion
“California’s Proposition 65: Issues and Strategies for Compliance With Recently Adopted Amendments to Go into Effect in 2018”
Joseph Orzano, Associate at Seyfarth, Shaw LLP & Jay W. Connolly, Partner at Seyfarth, Shaw LLP
California’s Proposition 65, known as the Safe Drinking Water and Toxic Enforcement Act of 1986, requires businesses with 10 or more employees to give “clear and reasonable” warnings to California consumers before knowingly and intentionally exposing them to known carcinogens or reproductive toxins. On August 30, 2016, the California Office of Administrative Law approved the adoption of new regulations for clear and reasonable warnings under Proposition 65. Products manufactured on or after August 30, 2018 will need to comply with the new regulations—as will certain California business operations—unless the business provides a warning for an exposure in compliance with a court-ordered settlement or final judgment to which it is a party.
This program will provide background on current Proposition 65 requirements, including safe harbor warning methods and content. The program will also cover key changes under the new regulations impacting businesses selling products into, or operating in, the State of California, with a particular focus on challenges faced by distributors. Strategies for achieving compliance in advance of the 2018 deadline will also be explored in an interactive format.
9:30 AM – 9:45 AM
9:45 AM – 11:00 AM
General Session & Discussion
“What To Expect From OSHA in 2017 and Beyond…”
Mark A. Lies, II, Partner at Seyfarth, Shaw LLP
Every employer has a drug testing policy, even if that policy is to not test its employees or prospects. Performing drug testing on current or prospective employees requires specific criteria, and proper handling of the testing, in order to avoid liability for discrimination. In late 2016, OSHA enacted new regulations designed to curtail employee intimidation through the threat of drug testing. These new regulations give OSHA compliance officers the authority to issue citations to employers for any retaliation or perceived retaliation that would deter reporting. An important difference is that under the new rule, OSHA will now be able to cite an employer for retaliation even if the employee did not file a complaint, or if the employer has a program that deters or discourages reporting through the threat of retaliation.
This session will review case studies on permitted and prohibited uses of drug testing as it relates to workers compensation claims in light of the recent changes to the OSHA regulations.
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 Networking Lunch with HR and Operations Executives
This is the “halftime” period where you meet up with all of the Billion Dollar Company senior executives at this week’s Roundtable to compare ideas and benchmark across disciplines. All 3 groups: Operations, HR and CLO executives will attend this joint lunch.
1:00 PM – 2:00 PM
Closing Session & Discussion
“Defining the CLOs Role in a Cyber Security Framework”
Lucie F. Huger, Officer at Greensfelder & Mary Ann L. Wymore, Officer at Greensfelder
In a 2016 survey, nearly 60% of billion dollar CLOs said data security is a pressing issue this year. Additionally, 22% of CLOs said their company has experienced a data breach in the last two years. Although data security issues are almost impossible to completely avoid today, however, more and more government entities are enforcing mandatory notification and emergency response plans. With the understanding that cyber theft and sabotage are among the most common cyber threats for billion dollar enterprises, there is an important role for CLOs to play by working with their organization’s IT team to explore ways to minimize cyber threats.
Expectations for this session:
1. To give the CLO more comfort in understanding the role of in-house counsel in developing and
implementing both proactive and reactive programs to avoid a data breach and to stand ready
with a carefully crafted effective incident response plan in the event of a data breach
2. To help the CLO navigate multiple overlapping laws, frameworks, regulations, orders and
- Understanding how to formulate and implement a proactive approach to avoid common causes for data breaches
- Understanding the components of an effective incident response plan in the event of a data breach
- Understanding the legal framework in which a data breach will be analyzed and adjudicated
- Gaining insight into the NIST framework and related issues
- Understanding federal law and state law requirements that all cyber security programs must take into account
2:00 PM – 2:30 PM
Set Agenda for Next Meeting Scheduled for November 14-15, 2017