Financial Executives International Summer Seminars Focus on Tax Risks, D & O Liability, Crisis Communications, Business Intelligence and Negotiating

Speakers to Present at Regional Locations Throughout Los Angeles


LOS ANGELES, Aug. 13, 2004 (PRIMEZONE) -- The Los Angeles Chapter of Financial Executives International (FEI) continues its summer series of seminars on critical issues facing financial executives with five presentations on Thursday, August 19. The topics include: tax risks; D & O liability; crisis communications; business intelligence; and negotiating. Additional details and locations are available at www.fei.org/chapter/LA/meetings.cfm .

Tax Risks -- Greg Dunlap, a tax partner from Deloitte & Touche, will speak on "Managing Tax Risks in the Current Environment." His presentation will include recent changes in the regulatory, accounting and enforcement areas; a description of various areas of tax risk and some common activities that influence those risks; and what companies can do to address those risks.

Director and Officers Liability -- A senior underwriter with AIG, will address "An Overview of the Liability Issues Facing Directors & Officers." This seminar will give insight into current litigation trends with respect to securities, as well as explore other types of claims against directors and officers. In addition, an overview of D&O insurance issues will be examined.

Crisis Communications -- Linda Press, Senior Vice President of public and investor relations consulting firm PondelWilkinson, will address "Crisis Communications: A CFO's Perspective on Protecting Corporate Reputation and Shareholder Value." Her presentation will analyze the stakeholder communications employed during recent disasters facing Martha Stewart Omnimedia, Tyco and Arthur Andersen. Press will discuss effective communications strategies that can dramatically impact the outcome of crises such as these, and present specific suggestions for CFOs involved in crises.

Business Intelligence: Fueling Business Performance with Information -- Dave Stark, President and CEO of Analysis Team, Inc., a Business Intelligence / Business Performance Management consulting firm, will talk about how information-driven companies are leveraging their wealth of corporate data to improve efficiency, competitiveness and profitability. His presentation will describe practical ways to integrate management process, data and technology to improve business analysis, management reporting and planning. Case studies will illustrate how specific companies have achieved benefits from Business Intelligence.

Negotiating Methods That Work! -- Dave Bowman, chairman of TTG Consultants, a member of Lincolnshire International, will present a highly practical workshop on honing our negotiation skills. Each day we are negotiating with our bosses, subordinates, peers, suppliers, customers, bankers, lenders, regulators, auditors, insurers, etc. Internally we are negotiating with our own agenda, calendars, values, and beliefs. Different skill sets are necessary when dealing with each of these numerous contacts; the approach that succeeds with one may prove disastrous with another. In his presentation, Bowman will explain that how we define "success" for each of these contacts is crucial.

The seminars will be presented from 6:00 to 8:00 pm on Thursday, August 19. These sessions will be held in Woodland Hills, Pasadena, Manhattan Beach, Whittier and Los Alamitos, and are open to all interested professionals. Details on the locations where each session will be held are available at www.fei.org/chapter/LA/meetings.cfm along with additional information and reservation form; reservations are required. News media may call Roger R. Stephens, president, Los Angeles Chapter of Financial Executives International, at 323-727-0900, ext. 122, for reservations.

About FEI

Founded in 1931, Financial Executives International is a professional association for senior level financial executives, representing 15,000 individuals. Headquartered in Florham Park, N.J. with offices in Washington, D.C., the organization is comprised of 86 chapters across the United States and Canada and nine technical committees.

The organization's mission is to provide leadership on emerging issues concerning the financial community, personal and professional development, advocacy services and peer networking opportunities for chief financial officers, vice presidents of finance, controllers, treasurers, tax executives, and finance and accounting professors in academia. Other typical titles held by FEI members include assistant controller, subsidiary chief financial officer or controller, assistant treasurer and director of tax.

The LA chapter of FEI currently has approximately 400 members who represent a full array of industries including defense, entertainment, financial services, manufacturing, insurance and technology.


            

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