Community Search
Print Page   |   Contact Us   |   Sign In   |   Register
Community Search
Share |


May 2016
Edition 2

Upcoming Events

May 19, 2016
Dinner Program
Guest Speaker
Lisa Madigan

Illinois Attorney General,

“Working to Address Sexual Assault and Domestic Violence."

5:30 pm

University Club of Chicago Cathedral Hall

Register Here

May 25, 2016
West Suburban
Book Club

Join fellow CFE Members for a social discussion about the book The Rent Collector, by Camron Wright

6:30 p.m.
Mon Ami Gabi
260 Oak Brook Center
Oak Brook Mall

Register Here

June 8, 2016
Learn About CFE's Exchanges & Committees

CFE’s success is largely due to the involvement of its members. Are you interested in helping CFE shape its new path forward? Want to learn more about the new CFE “Exchanges” and the remaining Committees? Please join us for a lunch meeting:

Noon - 1:15 p.m.
Aon Building
200 East Randolph

Register Here

Welcome New Members

Roberta Lane
Lyric Opera of Chicago

Deborah O'Connor
True Value

Abby Simon
Leslie Shankman School Corporation DBA Sonia Shankman Orthogenic School & Hyde Park Day School

Lori Dawson
1922 Investments

Linda Myers
Kirkland & Ellis, LLP

Kate Boege
Wintrust Financial Corp.

Julie Faber
Muscular Dystrophy Association

A Message from the President...

A Path Forward

Many things have changed since this group was created over 35 years ago. Our membership and programs have grown and evolved, as has the role of our organization. Wanting to remain relevant and valuable to the next generation of members who may be facing different challenges in 2016 vs. 1980, CFE’s board has been engaged in ongoing strategic planning efforts to set the path for CFE’s next 35 years.

We want to maintain a strong CFE community that actively engages members with each other and benefits from our combined expertise, experiences and successes. We also seek to increase awareness of CFE as a whole, solidifying our position as a group of thought leaders in the financial and related communities. To that end, we enlisted the expertise of The Distillery Project and, after several workshops, realized that a key pillar of focus for CFE is a word already in our name – Exchange.

The word exchange suggests an interaction. A sharing. It is a key reason why we are part of this community. We exchange ideas, best practices, and experiences. Exchange is CFE’s “purpose” and better represents our roles individually as leaders in Chicago’s financial and professional community, the association’s role with its members, and the relationship between our members. Exchange is a cornerstone for the CFE brand. In light of this realization, we slightly revised our mission statement to incorporate the word “Exchange”:

Chicago Finance Exchange (CFE) is a community of women leaders in finance dedicated to exchanging ideas, experiences, and expertise for the success of its members and the betterment of our community and global marketplace.

And, we constructed a framework to better align our activities and events around five topical areas of interest to our members that allow us to share our ideas, experiences, and expertise, namely:

• Finance and Investments
• Current Events and Business Trends
• Leadership and Professional Development
• Transitions
• Giving Back

These forums will be called “Exchanges” and will be the hub of generating ideas for dinner programs, events and activities as well as the means for CFE members to share the experience and expertise in their areas of interest.

Committees remain necessary to support the Exchanges and execute our many events, activities and initiatives. However, we’ve simplified our committee structure as follows:

• Membership
• Member Engagement
• Program Logistics
• Communications
• Nominating

What’s next?
More communication will be forthcoming over the next couple of months. One of our first priorities is to identify leaders for the Exchanges and Committees. The heart of CFE’s success has been the involvement of our members and we want to continue this model. The board and I would appreciate your consideration of taking a leadership role at this exciting time for CFE. We also plan to hold a lunch meeting on June 8 to discuss more specifically the new Exchanges and operating practices, and will use our Summer Social to further showcase and solicit interest in the Exchanges.

We will also be debuting a new logo and updating our website. Our new visual identity will be dynamic, fresh and more accurately reflect our updated messaging. Our website will be more informative, interactive, and easier to navigate for our members, the media, and other outside groups.

Lastly, we are looking to increase our external promotion and awareness for both CFE and its members. Our goal is to reinforce CFE’s position as a premier organization and help members raise their profiles through various efforts, including developing a Subject Matter Expert (SME) infrastructure within CFE. We are working with Flanigan Communications, Inc. on our public relations strategy and will be sharing more about that over the coming weeks as well.

In the meantime, we welcome your comments and feedback during this journey of change and progress.

Thank you for your continued membership and support.

Sara Hays
2016 President

May Dinner Meeting
Guest Speaker: Lisa Madigan, Illinois Attorney General

The country’s senior-most female state attorney general talks about the Attorney General’s office and how she has worked on the challenges of domestic violence, sexual assault, and stalking in Illinois, including through passing landmark legislation to address rape and campus sexual assault.

Crime victimization costs United States $450 billion annually (National Institute of Justice). Individually, abuse has a negative impact on women’s earnings, affecting her ability to work and resulting in an estimated lifetime income loss of $241,000 (MacMillian, 2000). What affects one woman, affects us all, as individuals and communities.

Madigan will also address other initiatives about which she is passionate, and have relevance to women financial leaders and the Chicago business community.

This event is open to non-CFE members.

Thursday, May 19, 2016
5:30 – 8:00 pm
University Club of Chicago, Cathedral Hall

More Information and Registration

Sponsorship Opportunities are available for the May Dinner

2016 Sponsorship Opportunities

The Program Committee has lined up a prestigious group of speakers who are sure to inspire & motivate exchange among attendees this year.
Mark your calendars!

September 8: Meredith Jones, Women of the Street
November 10: Ed Tilly, CEO, CBOE

CFE is continuing to seek sponsors for our dinner programs. Sponsorship provides the opportunity to strengthen CFE connections, offer colleagues the opportunity to hear leading speakers on relevant topics, and introduce potential members to a high caliber network of financial professionals. Each dinner offers two sponsor opportunities:

Exclusive Event Sponsor
- Ten complimentary registrations for this event (table of 10)
- Signage (your logo) and your marketing materials placed at all tables
- Your corporate logo on all email communications for this event.
- Your corporate logo on the CFE website, with hotlink
to your website
- Verbal recognition at the event

Table Sponsor / No Limit
- Ten complimentary registrations for this event (table of 10)
- Signage (Your logo) placed on tables
- Verbal recognition at the event

Download the schedule of programs and sponsor sign-up form

Recap of Recent CFE Programs

Linda Meyers, a nationally recognized corporate partner at Kirkland & Ellis LLP, spoke at CFE’s March dinner program. She shared her thoughts on past and current trends in bank lending standards, regulations, covenants, and requirements. Comments from attendees were very positive, with an overwhelming majority of the survey respondents indicating the program was relevant and informative. If you missed the presentation you can review it on CFE’s website via clicking here. CFE is also pleased to welcome Linda to our community, having joined following the March program!

As in years past, CFE members supported Ladder Up and volunteered to assist individuals with their 2015 tax returns. Our thanks to CFE members Judy Andringa, Linda Klute, Molly O’Farrell, Mary Lee Corrigan, Laura Pearl, Janice Lucchesi, Regina Ward, Lynne Pantalena, Jo Jackson, Diana Doyle, Amy Mahan, Lisa Leonard, Sandy Rouhselang, Deborah Armstrong, Karen Wuertz, and Beth Mueller.
CFE volunteers generated over $355,000 in refunds!

It has come to Board Access Committee’s (BAC) attention that very few CFE members know that BAC has a webpage loaded full of outstanding Board resources. Members are encouraged to check it out via this link. Here you will find Board educational events, Board opportunities, the latest Board news, Board Bio templates, self-assessment tools, Board mentors and external organizations that focus on Board readiness.

One such resource was the Mentor Exchange for Business Advisory and Family Business Boards event that BAC held April 14th at 5:30pm featuring CFE Members Aimee Daniels, Kim Adriano, Emilia DiMenco and Gaye van den Hombergh. Michelle Carlson was the moderator. Some questions and exchanges at the event were: Does the business owner really need a Board and will they listen?It takes a long time for business owners to entrust new persons with their private information. Best way to join a Private Company or Family Office Board is to already have a relationship with them. They are also not obligated, like Public Boards, to take their Board’s advice. Who gets the opportunities?

For firms $200 million & under, business owners typically tap their trusted list of advisors they currently use to form their Boards. What is typical Board compensation? $1,500-$2,000 per meeting or $30,000-$50,000 annually. What are the right questions to ask if you are approached to join a Board? What tips/mistakes can you share with the group? Make sure you fully understand the time commitment, relationship, and expectations of any Private Business or Family Office Board. Will you be at their beck and call? What is my fiduciary responsibility and reputational risk?

This was discussed at high level but is very important to be fully comprehended by anyone taking on Board service. This kickoff mentor event was lively and showcased the four mentors’ vast experiences and knowledge in an intimate and open venue. Know of any Board opportunities your fellow CFE members may be interested in? Please email them to BAC Co-Chairs Joan Rockey and Chris Maki.

Keep Up With CFE Colleagues - Member News

Meenal Sethna was promoted to Executive Vice President and CFO of Littelfuse Inc. in March, 2016. Littelfuse Inc. is a global leader in circuit protection, with an expanding presence in power control and sensing. In this role, she is responsible for the company’s finance and accounting, investor relations, mergers and acquisitions, and internal audit activities.

On May 5 CFE Members JoAnn Lilek, Marie Graul and Sara Hays participated in a panel discussion, "How to Attain a Seat on a Corporate Board." The Chicago Chapter of the CFO Leadership Council hosted the panel discussion and CFE Member Joan Rockey was instrumental in coordinating the program.

The May edition of Corporate Counsel Magazine features an article by Sara Hays entitled “Yes, Lawyers Can Be On Boards of Directors.”

Jan Promer joined Campbell & Company as their Director of Finance and Administration. Campbell is a national consulting firm, headquartered in Chicago, that specializes in supporting not for profits in their development activities.

Laurel Bellows gave a powerful TEDx Talk on April 10 on modern day slavery in the United States and what businesses and individuals can do to combat this invisible epidemic. Watch it by downloading LIVESTREAM and search for TEDxIIT 4:14:34. Call Laurel with any questions. She is passionate about transforming businesses and their supply chains.

This email was sent to '@@email@@' from Chicago Finance Exchange. If you wish to stop receiving email from us, you can simply remove yourself by visiting: @@unsubscribe_url@@
Membership Management Software Powered by YourMembership  ::  Legal