Bret Plymire - Financial Executives International

FINANCIAL EXECUTIVES INTERNATIONAL
NEW YORK CITY CHAPTER OCTOBER 2006
Bret Plymire – A Man of Influence
CHAPTER LUNCHEON: Wednesday, October 25th, The Cornell Club
Bret Plymire
VP, Global Financial
Services,, Dell Inc.
Bret Plymire is the Vice President of Dell Inc.’s Global Financial Services. Join us
for this noted speaker at our lunch meeting on Wednesday, October 25th at the
Cornell Club at 6 East 44th Street. Bret is responsible for strategy and operational
oversight of financial services at Dell.
Mr. Plymire also provides global leadership to all regional financial services teams,
leading global centralization opportunities and standardization of best in class processing.
He is responsible for: credit, cash, order processing, accounts receivables,
and fraud [including, coincidently, an experience with our newsletter editor]. With
sales in over 180 countries, and owned operations in over 35, his expertise is in
effectively managing and driving global financial services.
Mr. Plymire joined Dell in 1999 as director of financial services for one domestic
operation. Prior to joining Dell, he was a vice president at General Electric’s GE
Capital division, where his responsibilities included commercial and consumer
remittance processing. Previously he was responsible for both mutual fund and
brokerage remittance processing at Fidelity Investments, following a position in
card operations at American Express.
Cyber, Network and Privacy Risk – What is yours?
AND HOW LIABLE IS YOUR BUSINESS TO IDENTITY THEFT?
PD Session: Wednesday, October 25th, The Cornell Club
Bob Parisi
SVP Cyber/Network Risk
Practice, Marsh, Inc.
Since last year, when a large credit information company unknowingly released
personal information on 145,000 individuals to ID thieves, there have been over
100 more serious data breaches involving personal information and identity theft.
Laws pertaining to this liability continue to evolve. Businesses remain uncertain
about their potential liability. Risk professionals and insurance markets are working
to identify perils and fill coverage gaps - from IT security breaches, lost hard
drives, and the release of information under false pretenses, to fines and penalties,
regulatory defense and notification costs.
Our October 25 event will discuss: Network and Privacy exposures. What is covered
under cyber/network insurance policies? Limits of coverage and available capacity.
Do cyber and privacy policies provide sufficient protection against new risks? How
can companies best assess their issues? Bob Parisi, SVP of the Cyber/Network
Risk Practice at Marsh, will address these critical issues.
2 CPE credits. From 9 to 11 AM on October 25th (before our lunch meeting), at
The Cornell Club at 6 East 44th Street off Fifth Avenue.
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President’sMessage
Financial Executives International | New York City Chapter
Dear FEI Colleagues:
I recently attended the North Atlantic Leadership meeting and met
with other chapter leaders to discuss ways to make FEI membership
more valuable to our members.
During our conversations I was struck by how strong the NYC chapter
Sponsorship program is. Chapters across the nation vary greatly in the
number of sponsors they have and the support they provide. I am
pleased to report our chapter ranks among the highest in number of
sponsors and the support they provide. Over the years the program
has grown and become an invaluable part of our chapter. The efforts
of Bob Strasser can not be overlooked in bringing these wonderful
organizations to us. Bob, thank you - we could not have done it without you.
We currently have 10 sponsors. American Express, Deloitte & Touche, Hudson Financial
Solutions, Marsh, Rothstein Kass and The Siegfried Group have returned. These veteran
sponsors join our new sponsors, Amper, Politzner & Mattia, Becker Gearty CPE, Grant
Thornton and Houlihan Lokey Howard & Zukin. Welcome to our new sponsors and thank
you all for your support.
In addition to financial support, the sponsors work with us throughout the year on
different initiatives. They provide seminars, PD sessions and timely information to our
members. Providing expert guidance and analysis on current topics is a much valued
benefit to FEI membership. On October 25th Marsh will be hosting a PD session on Cyber,
Network and Privacy Risk, areas of concern to all financial executives. The annual year-end
financial reporting update by Deloitte & Touche is always one of our best attended events,
covering the newest subject matter.
Seminars and workshops are offered throughout the year by many of our sponsors, often
providing CPE credits. In addition, white papers and other publications are provided free to
members. Marsh recently released the Casualty Cost of Risk report, focusing on the three
most common lines of casualty insurance: worker’s compensation, general liability and
auto, and revealing details and the cost per $1,000 of revenue. Copies of the report are
available at FEIreply@Marsh.com.
The last several years we have ended our season by hosting a Wine Event where we get to
thank the sponsors for all their support and hard work. It has turned out to be one of the
most entertaining and well attended events we have. During my leadership meeting I was
delighted to learn that other chapters have begun hosting similar events, although I’m sure
ours is still the best!
Please join me in thanking our sponsors for all that they do to support our chapter.
You can get to know them at a meeting or take advantage of the expert services and
materials they provide.
Thank you to this month’s sponsor:
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Sincerely,
Valerie A. Reardon
O FFICERS & DIRECTORS
President
VALERIE A. REARDON
HIP Health Plan of New York
Vice Presidents
ALLAN TEPPER
CFO Consulting Partners
PATRICK SHERIDAN
Parsons Brinckerhoff, Inc.
Secretary
JEFFREY McAULAY
Moran Towing Corporation
Treasurer
ARTHUR BYRD
HIP Health Plan of New York
DIRECTORS
ROBERT H. COLSON
Grant Thornton
ALVIN H. FENICHEL
AXA Financial Inc.
MYRON O. SCHLANGER
Mutual of America Life Insurance Co
RAYMOND WEISNER
Valuation Research Corp.
STEVEN B. LILIEN
Baruch College
WILLIAM A. DeMILT
United Way of New York City
COMMITTEE CHAIRS
STEVEN LILIEN
Baruch College / Academic Relations
JOHN O’DAY
Merrill Lynch / Career Services
ALFRED CLAPP
Financial Strategies & Services Corp. /
Financial Planning
FRED NEWMAN
WinTel Communications /
Membership Recruiting & Retention
RAYMOND WEISNER
Valuation Research Corp. / Newsletter
JAMES DEL GRECO
Hudson Financial Solutions / Programs
ROBERT STRASSER
Swanke Hayden Connell Architects /
Sponsorship

Auditing Conference – October 26th
ON THURSDAY, OCTOBER 26TH
THE NY STATE SOCIETY OF CPAS AND FAE WILL COVER:
• Audit Documentation and Clarification of Recent SASs
• In-depth Analysis of the New Risk-Assessment SASs
• Updates on International Auditing Standard-Setting
• The Direction of the ASB Post-Sarbanes-Oxley
• Causes and Effects of Deficiencies Found by PCAOB Inspectors
• The Future of the PCAOB Auditing Standards - by Its Chief Auditor
New York Marriott Marquis Hotel (Broadway at 45th St.), from 8:30 a.m.-5:00 p.m.
Member Fee: $300.; Nonmember Fee: $400.
Course Code: 25135711. 8 CPE. For info, visit www.nysscpa.org or call 1-800-537-3635
Passport to Doing Business in Asia
PITFALLS AND ISSUES FOR EXPANDING
OPERATIONS IN INDIA AND CHINA
Free to our members, this seminar at the Harvard Club on Tuesday, October 10th, will cover
Common Business Structures, Working with the Liaison Office, Branch or Flow Through
Entity Issues, Setting up a Subsidiary, Acquisition Structure and Rules, and Tax
Considerations. Speakers include on-the-ground professionals from India and China.
8:00 AM Breakfast. 9:00 – 12:00 Presentations and discussions.
Noon - 1:30 Lunch & Keynote Speaker. Sponsored by Amper Politziner & Mattia.
To register, call (732) 287-1000 ext. 362 or send an email to zannetti@amper.com
FEI Welcomes New Sponsor:
FEI welcomes our neighbor and new chapter sponsor, Amper, Politziner & Mattia.
Amper is the 9th largest public company auditor in the US and the #1 regional firm in the
Northeast (per Who Audits America).
Amper’s 400 accounting, tax, wealth management, and consulting professionals serve
publicly traded and privately held businesses – from startups to billion-dollar heavyweights.
Amper’s New York office is at 6 East 43rd St. in Midtown. For more information,
please visit www.amper.com or contact Mike Bernstein (Bernstein@amper.com).
Committee Contacts
Committee Contact Telephone Email
Academic Relations Steven B.Lilien 646-312-3163 slilien@baruch.cuny.edu
Career Services John O’Day 516-877-8410 john_e_oday@ml.com
Financial Planning Al Clapp 212-922-0110 aclapp@fssltc.com
Membership / Recruitment Fred Newman 212-532-2300 fred@wintelworks.com
Newsletter Raymond Weisner 212-983-3370 rweisner@valuationresearch.com
Programs James Del Greco 212-465-5154 jim.delgreco@hudson.com
Sponsorship Robert Strasser 212-219-6622 strasser.r@shca.com
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CHAPTER WEBSITE
For events and issues check out
the Chapter website: http://nyc.fei.org
UPDATE YOUR INFORMATION
Is your contact information
current? Contact Krista Sackman,
Chapter Administrator at
ksackman@fei.org or via fax:
(973) 765-1018.
CAREER SERVICES UPDATE
Assist your fellow members by
referring recruiters or passing on
information about available positions
to the Committee Chairman,
John O’Day at: 516-877-8410.
MEMBERS ON THE MOVE
On the move?
Please let us know:
E-mail Ray Weisner at:
rweisner@valuationresearch.com
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SAVE THE DATES:
Wed., October 25th, 2006
NEW LOCATION – The Cornell Club
Noon Luncheon & Guest Speaker:
Bret Plymire, VP Global
Financial Services, Dell Inc.
9 am PD Session: Cyber, Network
and Privacy Risk – What is
yours? And how liable is you
business to identity theft?
Presented by experts from
Marsh
November 16th and 17th
FEI’s Annual CFRI - Current Financial
Reporting Issues Conference
NEW LOCATION
Marriott Marquis Hotel, NYC
Wed., November 29th, 2006
Union League Club
Noon Luncheon & Guest Speaker:
Sandra Pack, CFO of the
United States Treasury
9 am PD Session: Our annual
Financial Reporting Year-End
Update, presented by our
friends at Deloitte & Touche
2 pm Financial Planning Committee:
Year end financial planning
PD session
Wednesday, January 17th, 2007
3 PM Experience the Baruch College
exchange trading floor. PD program with
our Financial Planning Committee
6 PM An Evening at The New York
Stock Exchange, with host Tom Keene and
an economist panel.
New York City Chapter
Financial Executives International
230 Park Avenue, Suite 450
New York, NY 10169