FINANCIAL EXECUTIVES INTERNATIONAL
Toshiba Business Solutions
Brinkman International Group
Schlegel Electronic Materials
Monroe Litho, Inc.
Pictometry International Corp.
Canfield & Tack
Excellus Blue Cross Blue Shield
Conifer Realty, LLC
Genesee & Wyoming, Inc.
Signet Management, LLC
The DiMarco Group
Xerox Corporation (Retired)
JAIME R. SANCHEZ
SIGMA Marketing Group, LLC
Odyssey Software, Inc.
Caldwell Manufacturing Co.
St. John Fisher College
Newsletter designed by Sigma Marketing Group
The difficult events of the last twelve months should reinforce for all of us
the importance of staying current with the changes in our profession and
strengthening our relationships with our peers. To help you accomplish
these goals, we offer the following upcoming events:
• On March 19th Ira Koretsky, The Chief Storyteller, joined us at CCR for an
invaluable and entertaining seminar. Mr. Koretsky is a sought-after
international motivational speaker, author, and consultant and was featured
at FEI’s National Summit Meeting last May in Phoenix. In addition, Charles
Sorrano, the Managing Director from Protiviti’s Metro NY Region presented
a very informative PD session on “U.S. GAAP and IFRS Compared”.
• On April 22nd we’ll host our annual retiree recognition dinner. In addition,
Chris Pape, CEO of Monroe Litho, will speak on his company’s successful
adoption of “Green” principles.
• The Simon School at U of R will be conducting an all day Executive
Forum event: Governance in a Time of Change on April 30th followed by a
networking reception. The event includes presentations by renowned
Professors Jim Brickley and Cliff Smith and a panel discussion on the “Insights
into Challenging Facing Senior Executives”. FEI has negotiated a special
group rate of $225 for this event but you must register through the chapter.
• On May 14th we will hold the 2nd Annual Financial
Executive of the Year awards luncheon in conjunction
with the Rochester Business Journal at the Hyatt Regency.
This year’s event is shaping up to be even more
successful than last years. We are very pleased to
announce that the keynote speaker will be B. Thomas
Golisano, Chairman and founder of Paychex and owner
of the Buffalo Sabres. Sponsorship opportunities are still
available. If interested in participating as a sponsor please
contact me as soon as possible.
I look forward to seeing you at an upcoming event and as always, welcome your
input and participation.
FEI’S NEw pRESIdENT ANd CEO
of the year award
This spring the Rochester Chapter of Financial Executives International and the
Rochester Business Journal will present the second annual Financial Executive of the
Year Award. Any financial executive who has made an outstanding contribution to his
or her organization and the Greater Rochester community is eligible to be nominated.
Finalists will be featured in the May 1 edition of the Rochester Business Journal.
Winners will be announced at a luncheon on May 14.
For nomination information, visit
Nominees should have excelled in both business and civic leadership.
Nomination applications are due to the Rochester Business Journal by the
close of business on Friday, March 6, 2009, and must be submitt ed using the form at
Please e-mail the completed nomination form and supporting materials to firstname.lastname@example.org
or deliver your application to Kateri Spellecy, Events Coordinator, Rochester Business Journal,
45 East Ave., Suite 500, Rochester, N.Y. 14604.
AXA Advisors LLC • Empire Valuation Consultants LLC • Genesee Regional Bank
Executives group gives scholarships
By MOLLY CAPPOTELLI
Rochester Business Journal
February 18, 2009
The Rochester chapter of Financial Executives International has awarded scholarships to
top business students studying at Rochester’s area colleges.
The Scholars Program each year gives three $1,000 scholarships to students majoring in
accounting, finance or economics who are in their junior year of a four-year program or in
the 4th year of a five-year program.
This year’s scholarship winners are Christina Schmidt of St. John Fisher College, Shawn
Mascia of SUNY College at Geneseo and LeighAnn Billig of SUNY College at Brockport.
The FEI also recognizes up to 10 outstanding graduates from area colleges and
universities with $100 awards and gifts. This year’s recipients are Hannah Meier, Alfred
University; Jessica Bonoffski, Nazareth College of Rochester; Maryna Nadtochii, Rochester
Institute of Technology; Mark Flint, Roberts Wesleyan College; Sam Chimera, St. John
Fisher College; Tomothy Dieffenbacher, SUNY Brockport; Nathaniel Stevens, SUNY
Geneseo; and Kristin Osmundsen, University of Rochester.
Awards will be presented at the annual Scholars Night event, slated for Feb. 26 at the
Country Club of Rochester. Ronald Paprocki, senior vice president for administration and
finance at UR is slated to speak at the dinner event. Paprocki, who was selected as the 2008
Financial Executive of the Year for large non-profit organizations in the Rochester area, will
speak on financial leadership in turbulent times.
“These accounting and finance students are the future of our organizations and future
FEI members,” said Jeffrey Fasoldt, president of the Rochester chapter of FEI. “What we
hope to do is first encourage students to pursue an academic track and future career in
accounting and finance, and also assist them to some extent with the cost of their college
The selection committee is chaired by John Falco, vice president of finance and chief
financial officer Monroe Litho Inc. Thomas Tyson, professor and chairman of St. John Fisher
College’s department of accounting and finance, is the academic chair of FEI.
Since this program was begun, the Rochester chapter has awarded more than $50,000
in scholarships, Falco said.
Each area university was eligible to nominate up to two students to receive the
Students are judged on character, academic record in overall course work and in major
subjects, high degree of potential for future business leadership and need for assistance.
FEI was founded in 1931 and has some 15,000 members, and more than 85 chapters
in the United States and Canada. The Rochester chapter, started some 75 years ago, has
roughly 145 members and is one of the original FEI chapters, Fasoldt said. The group’s
goals are to enhance professional development through peer networking, career
management services, conferences, teleconferences and publications.
(c) 2009 Rochester Business Journal. Obtain permission to
reprint this article.
The Rochester chapter of Financial Executives International has awarded scholarships to top business
students studying at Rochester’s area colleges.
FEI Rochester Chapter Meeting April 22nd, 2009
The Economics of “GREEN”
H. Chris Pape,
President & CEO,
Country Club of Rochester
2935 East Ave
Under the direction of CEO Chris Pape, Monroe Litho has grown it’s business by “going green.”
What is the business impact and the economics of green? The answer is the core business strategy
undertaken over the past several years and the ROI of sustainability. Join Chris as he shares his
in-depth experiences with us.
Monroe Litho, a leading commercial printer since 1945, is recognized by it’s many achievements:
Sustainable Green Printing Partnership (SGP) as the 1st printer in the US outside of the beta test to
be verified, Sustainable Forestry Initiative (SFI), Forest Stewardship Council (FSC), 100% Windpower
to generate all electricity, US EPA Green Power Partner, 2008 RBJ Environmental Leadership Award,
Rochester Business Ethics Award, exemption from any OSHA inspections as a result of Safety Health
Achievement Recognition Program (SHARP), and the only commercial printer in the US recognized by
Occupational Hazards/EHS Magazine as “One of America’s Safest Companies.” Mr. Pape is a graduate
of the Rochester Institute of Technology’s School of Print Media. He is past Chairman and Board
Member of the Printing and Imaging Association of New York State, an Advisory Board Member of
Hope Hall School, and serves on the Panel of Judges for the Rochester Business Ethics Award.
Registration Deadline: Friday, April 17th Cost: $35.00
1. By email at email@example.com
2. By phone at (585) 621-1259
Please provide: Member Name, Company, Phone Number and Guest Names.
Bring your payment to the meeting. Make checks payable to:
Financial Executives International - Rochester Chapter.
Advance notification of reservation cancellation by above deadline is required.
All others will be billed. Vegetarian plate available on request.
FEI UpCOmINg CONFERENCES
Navigating New Realities - Financial leadership for challenging times
May 4-5 | Gaylord Texan Resort & Convention Center | Grapevine, Texas
As the American and growing global economic crisis barrels onward, managing the new realities of
business in 2009 requires clear direction for moving forward in uncharted waters. Calculated, measured
action by financial executives can keep businesses on an even keel, but only if they have access to
current research and proven methods.
Bringing together world-class leadership, IT and economic authorities, Summit 2009 will provide
pragmatic insight to help you keep your bearings in today’s stormy weather.
FEI Leadership can save $200 on the registration fee – visit www.financialexecutives.org/summit and use
the code LEADER to receive your discount.
FREE Summit registration for new FEI members!
Prospects can take advantage of $100 off the application fee ($645 to join), plus FREE registration for
Summit 2009. Steer prospects to the special URL (www.financialexecutives.org/share) to apply online or
download a Share the Wealth application. Applications can also be customized to include your chapter
logo and dues.
Contact Nancy Ehlers 973.765.1099 to receive a supply of customized applications and/or Share the
Reserve Early – Discounted Airfare!
FEI has partnered with Continental Airlines to offer a discount off published fares of 2% to 15% or Zone
fares on travel to Texas, Dallas Love / Ft. Worth. Book for Summit travel online at www.continental.com
and enter your Offer Code ZETXDN2L9L in the Offer Code box when searching for your flights. If
booking through a travel professional or MeetingWorks at 800-468-7022 and provide the following
information: Agreement Code: DN2L9L Z Code: ZETX
*From FEI Spotlight newsletter
SAVE ThE dATES
April 22 nd , 2009 Chris Pape Economics of Green Environmentally
Friendly Business/Retiree Recognition
May 14 th , 2009 Tom Golisano Financial Executive of the Year
June, 2009 Annual Meeting — Frontier Field
August, 2009 Golf Outing
HR Works, Inc. is conducting a confidential search for a Rochester-based firm seeking a Payroll Manager.
• Manage payroll department with for large, multi-state operation.
• Handle both strategic and day to day responsibilities.
• Implement process improvements to increase efficiencies.
• Project Management experience required.
• Staff supervision experience required.
• Experienced HRIS technology user.
• Significant payroll experience required (i.e. taxes, multi-state, multiple pay differentials, overtime and bonus
calculations, deductions and treatment of fringe benefits).
• Bachelor’s degree required.
• Certified Payroll Professional a plus.
All interested candidates should submit their resume on the HR Works website at http://www.absolutehire.com/jobboard/
wrapper/hrworks.htm ( or www.hrworks-inc.com).
NEw STRATEgIC pARTNER
FEI Rochester Chapter welcomes Empire Valuation Consultants.
Founded in 1988, Empire Valuation Consultants, LLC has grown into one ofthe nation’s leading and most
respected independent valuation consultingfirms.
Committed to delivering timely results and personalized attention to every engagement. Under experienced
leadership, the firm brings excellence and integrity to every engagement through teams of highly
skilled individuals who are among the finest our industry has to offer.
Empire’s commitment to service is matched by their intense focus on delivering results. Developed and
refined over many years, the Empire process has been carefully crafted to deliver independent, thoroughly
supported, on-time, and credible valuations to clients.
The success of this process is reflected in the firm’s reputation in the marketplace. Time and again,
attorneys, accountants, estate and insurance planners, bankers, and others-from the most prestigious firms
to the sole practitioner-recommend and turn to Empire for a broad range of valuation needs.
mEET OUR mEmbERS
Career Services Greg Siembor 585-214-2409 x119
Membership Retention Bill Bauman firstname.lastname@example.org
Mike Guche email@example.com
Professional Jim Haefner firstname.lastname@example.org
Chris Liucci email@example.com
Programs Jim Stenger 585-235-4545
Public Relations Jaime Sanchez 585-242-4115
Please welcome our 3 newest members:
VP Finance and Operations
Strong National Museum of Play
Kenneth Crosby, New York LLC
Please e-mail your news to our newsletter
editor, Jaime R. Sanchez, at
Robert Half 2009 Salary guides
are now available.
If you are interested in obtaining a
Finance and Accounting Salary Guide please
or by phone at 585.232.6055.
HR Works, Inc.
246 WillowBrook Office Park
Fairport, NY 14450
175 Sully’s Trail
Pittsford, NY 14534
Robert Half International, Inc.
640 Clinton Square
Rochester, NY 14604
150 Metro Park
Rochester, NY 14623
1100 Bausch & Lomb Place
Rochester, NY 14604
911 Panorama Trail S.
Rochester, NY 14625-0397
Empire Valuation Consultants, LLC
777 Canal View Boulevard
Rochester, NY 14623