Financial Executives / LA Chapter Announces Corporate Governance Presentation

Patrick McGurn to Speak on Valuation Risk and Governance Relationship


LOS ANGELES, Nov. 10, 2004 (PRIMEZONE) -- The monthly meeting of the Los Angeles chapter of Financial Executives International (FEI) will feature a presentation by Patrick McGurn, senior vice president and special counsel for Institutional Shareholder Services (ISS). The presentation will focus on the relationship between valuation risk and governance affecting public and privately held companies. The dinner program will be held on Thursday, November 18, beginning at 6 p.m. at the Jonathan Club, 545 S. Figueroa St., Los Angeles.

Patrick McGurn is frequently quoted in business publications such as The Wall Street Journal, The New York Times and Business Week, and he has appeared on ABC World News Tonight, CNN and National Public Radio, among others. He graduated from Duke University and the Georgetown Law Center, and serves on the Advisory Board of the National Association of Corporate Directors.

Institutional Investor Services is the world's leading provider of proxy voting services and corporate governance research, serving more than 1,000 institutional investors and corporate clients. In proxy matters involving public companies, ISS annually recommends votes on ballot issues for more than 22,000 shareholders meetings in 80 markets around the world.

The FEI's Professional Development Program, which will be held prior to the regular dinner meeting, presents Lynn Stout, Professor at UCLA's School of Law. She will present a seminar about the relationship between corporate governance, corporate control and economic valuation. The professional development program will start at 5 p.m. at the Jonathan Club.

At UCLA, Professor Stout teaches business and securities law. She is the Principal Investigator for the UCLA-Sloan Foundation Research Program on Business Organizations and a Trustee of the Eaton Vance family of mutual funds. She graduated from Princeton and Yale. Her essay, "Sometimes Democracy Isn't Desirable," appeared in August in The Wall Street Journal.

News media may call Lucinda Hill, president, Los Angeles Chapter of Financial Executives International, at 213-243-7648, for reservations.

Attendees are urged to make reservations by visiting the FEI web site and registering at the meetings and events page at http://www.fei.org/chapter/LA/meetings.cfm

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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