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 firstname.lastname@example.org
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
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
“Prop 65 Download for Billion Dollar CLOs”
Proposition 65 was pushed largely as a measure to reign in industrial pollution of drinking water. Unfortunately, as a citizen-originated ballot initiative, Proposition 65 was an exercise in unchecked legislation. The absence of meaningful review via legislative hearings or any opportunity to consider the interests of all affected parties left Californians with a law which today quashes businesses. Contrary to the law’s intent that only known, not suspected, carcinogens would be regulated. The initiative was written in such a way that chemicals could land on Proposition 65’s blacklist without scientists ever confirming that they cause adverse health effects.
Proposition 65 is enforced through litigation rather than government regulation. A “bounty hunter” provision permits predatory plaintiffs to scour the shelves for unlabeled products which could theoretically contain any one of the substances on Proposition 65’s list. With the law’s burden of proof so low, and the cost of laboratory testing and court hearings so high, most businesses elect to settle out of court when confronted with an accusation.
This session will review case studies on compliance strategies, safe harbor methods and content, and the impending changes to Prop 65 that will come into effect in August 2018.
9:30 AM – 9:45 AM
9:45 AM – 11:00 AM
Presentation & Discussion
“Examining the Effects on the new OSHA Regulations to Worker’s Comp Claims”
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”
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.
This session will discuss the framework that CLOs should construct in defining their role in a billion dollar companies cyber security plan including:
- Understand the role of in-house counsel in developing and enhancing cybersecurity programs
- Grasp the role of the NIST framework: Is it the de facto standard of care?
- Learn to be prepared with a cybersecurity program that complies with multiple overlapping frameworks, regulations, orders, and guidance
2:00 PM – 2:30 PM
Set Agenda for Next Meeting Scheduled for November 14-15, 2017