April 2009 Newsletter - Financial Executives International

financialexecutives.org

April 2009 Newsletter - Financial Executives International

FINANCIAL EXECUTIVES INTERNATIONAL

ROCHESTER CHAPTER

chapter leaders

OFFICERS

PRESIDENT

JEFF FASOLDT

Toshiba Business Solutions

VICE PRESIDENT

JIM STENGER

Brinkman International Group

SECRETARY

BILL SCHEUERMAN

Schlegel Electronic Materials

TREASURER

JOHN FALCO

Monroe Litho, Inc.

PAST PRESIDENT

DARRYL CANFIELD

Pictometry International Corp.

BOARD MEMBERS

BILL BAUMAN

Connors-Haas, Inc.

MIKE GUCHE

Canfield & Tack

JIM HAEFNER

Excellus Blue Cross Blue Shield

TERRY HARTMANN

Xerox Corporation

HARRY HOWE

SUNY Geneseo

MIKE KNAPP

Conifer Realty, LLC

CHRIS LIUCCI

Genesee & Wyoming, Inc.

JIM MCCONEGHY

Signet Management, LLC

SUSAN MOORE

Xerox Corporation

KIM PERRY

The DiMarco Group

RICHARD RAGAZZO

Xerox Corporation (Retired)

BILL RICE

Cooper/Haims Advisors

JAIME R. SANCHEZ

SIGMA Marketing Group, LLC

GREG SEIMBOR

Odyssey Software, Inc.

SHARON SIPES

Caldwell Manufacturing Co.

TOM TYSON

St. John Fisher College

Dear Members,

Newsletter designed by Sigma Marketing Group

March/April, 2009

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.

Sincerely,

Jeff Fasoldt

Chapter President


FEI’S NEw pRESIdENT ANd CEO

Financial

Executive

2009

—Platinum Sponsors–

of the year award

Presented By

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

www.rbjdaily.com/2009fi nancialexecutiveawardinformation.htm.

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

www.rbjdaily.com/2009fi nancialexecutiveawardnominationform.doc.

Please e-mail the completed nomination form and supporting materials to events@rbj.net

or deliver your application to Kateri Spellecy, Events Coordinator, Rochester Business Journal,

45 East Ave., Suite 500, Rochester, N.Y. 14604.

—Gold Sponsor–

—Silver Sponsor–

AXA Advisors LLC • Empire Valuation Consultants LLC • Genesee Regional Bank


pREVIOUS EVENTS

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

education.”

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

scholarships.

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.


pREVIOUS EVENTS

The Rochester chapter of Financial Executives International has awarded scholarships to top business

students studying at Rochester’s area colleges.


UpCOmINg EVENTS

FEI Rochester Chapter Meeting April 22nd, 2009

The Economics of “GREEN”

H. Chris Pape,

President & CEO,

Monroe Litho

Location

Country Club of Rochester

2935 East Ave

Rochester

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 event@feirochester.org

2. By phone at (585) 621-1259

Time

Reception: 6:00

Dinner: 6:30

Speaker: 7:30

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

CONFERENCES*

Summit 2009

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

Wealth cards.

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


JOb pOSTINgS

HR Works, Inc. is conducting a confidential search for a Rochester-based firm seeking a Payroll Manager.

Responsibilities include:

• Manage payroll department with for large, multi-state operation.

• Handle both strategic and day to day responsibilities.

• Implement process improvements to increase efficiencies.

Experience:

• 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).

Education:

• 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

committee contacts

Career Services Greg Siembor 585-214-2409 x119

Membership Retention Bill Bauman b.bauman@connors-haas.com

Mike Guche mguche@canfieldtrack.com

Professional Jim Haefner jim.haefner@excellus.com

Chris Liucci cliucci@gwrr.com

Programs Jim Stenger 585-235-4545

jstenger@brinkmanig.com

Public Relations Jaime Sanchez 585-242-4115

jsanch@sigmamarketing.com

Please welcome our 3 newest members:

Earl Johnson

VP Finance and Operations

Strong National Museum of Play

1/12/2009

Albert Wilt

Career Services

2/3/2009

Susan Kelley

CFO

Kenneth Crosby, New York LLC

3/11/2009

Please e-mail your news to our newsletter

editor, Jaime R. Sanchez, at

Jaime.sanchez@sigmamarketing.com

contact fei

Vicki Long

Chapter Administrator

FEIRochester@rochester.rr.com

585-621-1259

Robert Half 2009 Salary guides

are now available.

If you are interested in obtaining a

Finance and Accounting Salary Guide please

contact

Kim Proeto

at kim.proeto@roberthalf.com

or by phone at 585.232.6055.


HR Works, Inc.

246 WillowBrook Office Park

Fairport, NY 14450

585-381-8340

www.hrworks-inc.com

Executive partners:

Marsh

175 Sully’s Trail

Suite 301

Pittsford, NY 14534

585-389-8770

www.marsh.com

Strategic partners:

Robert Half International, Inc.

640 Clinton Square

Rochester, NY 14604

585-232-6055

www.rhi.com

Toshiba Business

Solutions NY

150 Metro Park

Rochester, NY 14623

585-427-2222

www.tbsny.toshiba.com

PriceWaterhouseCoopers,LLP

1100 Bausch & Lomb Place

Rochester, NY 14604

585-232-4000

www.pwc.com

Paychex

911 Panorama Trail S.

Rochester, NY 14625-0397

www.paychex.com

Empire Valuation Consultants, LLC

777 Canal View Boulevard

Suite 200

Rochester, NY 14623

585-475-9260

www.empireval.com

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