10th annual mit sloan cfo summit

SUSTAINED XCELLENCE

10TH ANNUALMIT SLOAN CFO SUMMIT

November 15, 2012www.mitcfo.com

It is with a mixture of pride and disbelief that we welcome

you to the 10th annual MIT Sloan CFO Summit. When we

first organized this conference in 2003, we had no idea

it would play such an important part in the careers of so

many chief financial officers. Ten years later, the Summit

continues to grow, and continues to impact a larger and

more diverse group of business leaders.

The challenges of organizing an excellent conference year

after year inspired the theme for today’s event: Sustained

Excellence. This last business cycle has been one of the

most fast-paced and dynamic in history. We have all

witnessed many, many organizations that experienced

meteoric periods of growth, but were not built for sustained

excellence. How many companies from the last decade

once appeared ready to dominate the world, and either no

longer exist, or survive in a way far below their perceived

original potential? Companies that want to thrive in today’s

world have to plan and execute for the long run. Sustained

excellence requires a commitment to the long-term, a

financial strategy steeped in the fundamentals that allows

for flexibility in a rapidly changing environment, a culture

that encourages calculated risks and has a tolerance for

failure, and a realistic understanding of the global market

and your firm’s position within it. Amongst all senior

executives, the CFO is the most well-positioned to impact

these areas. We are confident today’s programs and

speakers will help you to respond to the challenges that

you will face.

10TH ANNUAL

MIT SLOAN CFO SUMMIT

November 15, 2012

SUSTAINED XCELLENCE

Dear Friends,

The MIT Sloan Alumni Club of Boston

thanks the sponsors who have helped

make this event possible:

Silver

Networking

Media

Gold

Sponsors

John Allwein

Chris Beck

Rimi Chakraborty MBA ’10

Lara Chilton

Steve Drew

Joe Falcao

Ben Frenkel, MBA ’09

Eileen Glovsky, SM ’91

Jackie Barry Hamilton

Melissa Herman

Lisa Jones

Beth Kurth

Janine LeBlanc

Paul Ryan

Eric Sockol

Kathleen Tetrault

Deike Diers MBA ’13

Grace Zhou MBA ’13

On the subject of speakers, this is quite possibly the

greatest collection of financial talent ever to speak

at one conference. For the second year in a row, we

welcome a Nobel Prize Winner, Professor Peter Diamond.

Our luncheon speaker is the CEO from one of the most

important humanitarian organizations in the world, the

American Red Cross. And speaking of sustained excellence,

is there a more iconic company than General Electric? Its

CFO will be our closing speaker today. Our keynotes will be

supported by chief financial officers from a diverse range

of industries, geographies, and sizes, as well as MIT Sloan

faculty, entrepreneurs and other thought leaders. As we say

in Boston, “A lot of wicked smart people are here today.”

The MIT Sloan Alumni Club remains an all-volunteer

organization, and we cannot have this conference without

the talents and energy of our team of volunteers. Many

members of this team have worked on the conference since

inception. Their names are to the right. When you see them

during the course of the day, please let them know how

much you appreciate their efforts.

We are fortunate to have a great group of sponsors as

well. As the CFO Summit’s reputation has expanded,

many outstanding organizations wish to be involved. This

enables us to partner with the best thought leaders in

their respective industries. Without the financial support

and intellectual contributions, we could not bring you this

conference every year. So, please join me in thanking our

The success of this Summit is a direct

result of the tireless dedication of the

following people:

gold level sponsors, Oracle and the Silicon Valley Bank,

as well as our silver level sponsors, HR Knowledge, Nair &

Company, NetSuite and Robert Half. Our other sponsors

include the Association for Financial Professionals,

Corporate Reimbursement Services, MIT Sloan Executive

Education and T3 Advisors.

There are two firms that merit a special note of thanks,

because they make the largest contribution of all to this

conference: Credit Suisse and KPMG. Our employers

not only epitomize sustained excellence, but also they

share a deep-rooted support for the CFO community and

this conference in particular. Thank-you does not seem

adequate…but it’s all we have!

Today is a year—really ten years—in the making. We are

aware how valuable a CFO’s time is, and this is why we have

worked so hard to make this day a worthwhile endeavor. We

hope the MIT Sloan CFO Summit is the best program you

attend this year.

Jeremy SeidmanMBA ’03

Co-Chair, MIT Sloan CFO Summit

Jack McculloughMBA ’97


Organizing Committee

8:40 am — 9:15 am

MORNING KEYNOTE

Unemployment and the Federal Deficit

GRAND BALLROOM

PETER DIAMOND Nobel LaureateProfessor, MIT Sloan School of Management

9:15 am — 10:30 am

KEYNOTE PANEL

Achieving Sustained Excellence

GRAND BALLROOM

CAROL MASSARAnchor, Bloomberg Television & Radio

MORAy DEwHuRSTCFO, NextEra Energy

NICHOLAS FANANDAKISExecutive VP & CFO, Dupont

CHRIS KREIDLERCFO, Sysco

DEBORAH THOMASCFO, Hasbro

M

10:30 am — 11:00 am

Coffee Break & NetworkingSPONSORED BY T3 ADvISORS

7:15 am — 8:00 am

Registration and Continental Breakfast

GRAND BALLROOM FOYER

8:00 am — 8:40 am

OPENING REMARKS:

Welcome to the MIT Sloan CFO Summit

GRAND BALLROOM

JACK MCCuLLOuGH & JEREMy SEIDMAN

Co-Chairs, MIT Sloan CFO Summit

11:00 am — 12:00 pm

TRACK 1:

To Acquire, To PerspireGRAND BALLROOM

BRIAN GRIFFITHSManaging Director, Credit Suisse

JEAN BuACFO, NetScout

EDuARDO CORDEIROExecutive VP & CFO, Cabot Corp

JOHN KENNyDirector, ZipCar

JOHN LEAHyCFO, iRobot

TRACK 2:

The Strategic CFO: Fact or Fiction?SALONS FGH

wILLIAM HuyETTDirector, McKinsey

DONALD ALLAN, JR.Senior VP & CFO, Stanley Black & Decker

RICHARD GAyNORCorporate VP & CFO, GT Advanced Technologies

VICTORIA HARKERCFO, Gannett

CHERyL MCDOwELLVP Finance & Business Operations for Latin America, Oracle

12:00 pm — 1:30 pm

LUNCHEON KEYNOTE

The American Red Cross: Turnaround and Transformation

GRAND BALLROOM

GREGG DARISH Introductory SpeakerFounder & CEO, Corporate Reimbursement Services

GAIL MCGOVERNPresident & CEO, American Red Cross

M

M

AGENDA

ModeratorM

1:30 pm — 2:30 pm

TRACK 1:

The How, When & Why of Raising Capital

GRAND BALLROOM

ROBERT CuRLEyManaging Director of Corporate Finance, Silicon Valley Bank

wILLIAM ARENDTCFO, Avail-TVN

SCOTT DuSSAuLTExecutive VP & CFO, Demandware

MATT NICHOLSCFO, Gemvara

MICHAEL SKOKPartner, North Bridge Venture Partners

TRACK 2:

The Yin & Yang of the CEO-CFO Relationship

SALONS FGH

BILL DRISCOLLRobert Half International

DARLENE DEPTuLA-HICKSCFO, Microline Surgical

PATRICK MORLEyPresident & CEO, Bit9

GORDON POTHIERCFO, Bit9

CHARLES wAGNER, JR.Executive VP & CFO, Bruker Corporation

M

M

2:30 pm — 3:00 pm

Coffee Break & NetworkingSPONSORED BY T3 ADvISORS

4:30 pm — 6:30 pm

Cocktail ReceptionGRAND BALLROOM FOYER

SPONSORED BY ASSOCIATION FOR FINANCIAL PROFESSIONALS

11:00 am — 12:00 pm

TRACK 1:

To Acquire, To PerspireGRAND BALLROOM

BRIAN GRIFFITHSManaging Director, Credit Suisse

JEAN BuACFO, NetScout

EDuARDO CORDEIROExecutive VP & CFO, Cabot Corp

JOHN KENNyDirector, ZipCar

JOHN LEAHyCFO, iRobot

TRACK 2:

The Strategic CFO: Fact or Fiction?SALONS FGH

wILLIAM HuyETTDirector, McKinsey

DONALD ALLAN, JR.Senior VP & CFO, Stanley Black & Decker

RICHARD GAyNORCorporate VP & CFO, GT Advanced Technologies

VICTORIA HARKERCFO, Gannett

CHERyL MCDOwELLVP Finance & Business Operations for Latin America, Oracle

12:00 pm — 1:30 pm

LUNCHEON KEYNOTE

The American Red Cross: Turnaround and Transformation

GRAND BALLROOM

GREGG DARISH Introductory SpeakerFounder & CEO, Corporate Reimbursement Services

GAIL MCGOVERNPresident & CEO, American Red Cross

M

M

3:00 pm — 4:00 pm

TRACK 1:

Big Data, Big DealGRAND BALLROOM

ANDy PALMERDirector, CloudSwitch

JuSTIN BORGMANCEO & Co-Founder, Hadapt

RON GILLCFO, NetSuite

JEANNE JOHNSONPrincipal, Business Intelligence, KPMG

TRACK 2:

Healthcare: The Biggest Cost You Should Control

SALONS FGH

RETSEF LEVIProfessor, MIT Sloan School of Management

MICHAEL AZARELAExecutive VP & CFO, Suffolk Construction

JEFF GARRCEO, HR Knowledge

JAMES ROOSEVELTPresident & CEO, Tufts Health Plan

RADHIKA SAMANTCFO & Controller, EnterpriseDB

4:00 pm — 4:30 pm

AFTERNOON KEYNOTE

Sustaining Excellence Through CrisisGRAND BALLROOM

PETER HIRST Introductory SpeakerExecutive Director of MIT Sloan Executive Education

MATTHEw QuINNDeputy Editor, CFO Journal

KEITH SHERINVice Chairman & CFO, General Electric

M

M

Welcome to the MIT Sloan CFO

Summit

SUSTAINED XCELLENCE

Jeremy SeidmanMBA ’03


Jack McculloughMBA ’97


Jeremy Seidman is a private banker for Credit Suisse,

the second largest wealth manager in the world. Jeremy

utilizes the firm’s global expertise to advise high net

worth families, executives, and foundations. Jeremy serves

on Credit Suisse’s Advisory Counsel for Excellence, a

14-person leadership team in Private Banking Americas. He

joined the firm in December 2005 after serving in a similar

capacity with Lehman Brothers.

Jeremy graduated cum laude from the University of

Pennsylvania with degrees in Economics and Engineering,

and received his MBA in Financial Management from the

MIT Sloan School of Management. As a founding member

of the CFO Summit, Jeremy has always been active in the

community, and serves on a number of boards including

those at MIT Sloan and the Boston Scholars Program.

Jeremy, his wife Lorin, son Asher, and daughter Romy live

in Wellesley, and vow to Jeremy that they will be lifelong

Yankees fans while in Red Sox Nation.

Jack McCullough is a client relations director for KPMG

LLP, the audit, tax and advisory firm. He has spent most

of his career as a chief financial officer, and served as a

permanent or interim chief financial officer for more than

20 companies, where he raised more than $200 million in

external financing. He uses the skills acquired as a financial

executive to serve KPMG’s clients.

Jack is frequently contacted by members of the media

for his insights into business and strategic issues, and has

been quoted by the Wall Street Journal, CFO Magazine,

Treasury and Risk Management, the Boston Business

Journal, and Business Finance Magazine. He has also

been interviewed by Bloomberg, CNN, and Fox Business

Network.

He holds an MBA from the MIT Sloan School of

Management, serves on the board of the MIT Sloan

Alumni Club of Boston, and is one of the founders of this

conference. He is the founder and president of the CFO

RoundTable, a networking and educational forum to senior

financial executives. He lives in North Andover with his wife

Beth, and sons Devon and Hunter.

8:00 am — 8:40 am GRAND BALLROOM

Section TitleOpening Remarks

Unemployment and the Federal Deficit Peter Diamond is an Institute Professor Emeritus at MIT where he

taught from 1966 to 2011. He was one of the three winners of the 2010

economics prize in memory of Alfred Nobel, for his work on job search

and unemployment. He is also known for his work in optimal taxation

and his overlapping-generations macroeconomic model, which was

built for analyzing the effects of the public debt on the economy.

His books include Saving Social Security: A Balanced Approach (with

Peter R. Orszag), Reforming Pensions: Principles and Policy Choices

and Pension Reform: A Short Guide (both with Nicholas Barr), and

Behavioral Economics and Its Applications (edited with Hannu

Vartiainen).

His recent papers include The Mirrlees Review chapter “The Tax Base,”

(with James. Banks), “Capital Income Taxes with Heterogeneous

Discount Rates” (with Johannes Spinnewijn, American Economic

Journal: Economic Policy), “The Case for a Progressive Tax: From Basic

Research to Policy Recommendations” (with Emmanuel Saez, Journal

of Economic Perspectives) and “Unemployment, Vacancies, Wages”

(the Nobel lecture, in the American Economic Review). He was a

Member of the 2009 Special Commission to Study the Massachusetts

Contributory Retirement Systems. His recent report is Pension Reform

in China: Issues, Options and Recommendations (with Nicholas Barr).

He has been President of the American Economic Association, of the

Econometric Society, and of the National Academy of Social Insurance.

Nobel Laureate

Peter DiamonDProfessor, MIT Sloan School of Management

Section Title


Morning Keynote

Achieving sustained excellence is amongst the

most vexing challenges and critical needs for

organizations of all sizes. Research conducted at

the MIT suggests that the most critical components

of achieving sustained excellence involve providing

consistent leadership, empowering individuals, and

focusing on long-term planning. Amongst all senior

executives, the CFO is uniquely positioned to enable

the organization to excel in these areas:

Leadership: Demanding high ethical standards,

providing clear and forthright communications, and

winning in a competitive landscape.

Empowerment: Creating and fostering a true

learning organization, developing a culture that

rewards employees for taking calculated risks, and

holding all parties accountable for execution.

Planning: Developing the flexibility to react to

unforeseen and volatile events, balancing the

achievement of short-term milestones with the

execution of long-term strategy, and growing the

financial infrastructure that supports the overall

strategic plan.

Achieving Sustained

Excellence

SUSTAINED XCELLENCE

Moray DewhurstCFO, NextEra Energy

Nicholas FaNaNdakisExecutive VP & CFO, Dupont

Moray P. Dewhurst is Vice Chairman and Chief Financial

Officer of NextEra Energy, Inc. (NYSE: NEE), one of the

nation’s leading electricity-related services companies and

the largest renewable energy generator in North America.

Mr. Dewhurst was named to his current role in October

2011. He previously served as Vice Chairman and Chief

Of Staff from 2009 to 2011 and served as Chief Financial

Officer from 2001 to 2008.

He has served on the boards of NEIL, the nuclear industry’s

mutual insurance company, and the Florida Chamber of

Commerce.

Mr. Dewhurst previously served as an officer, director and

member of the executive committee of Dean & Company,

a management consulting and investment firm that he co-

founded in 1993.

Mr. Dewhurst has a Bachelor of Science degree in naval

architecture and marine engineering from Massachusetts

Institute of Technology and a Master of Science in

management from the MIT Sloan School of Management.

While at the Sloan School, he earned the Henry Ford II

Award for outstanding scholastic achievement.

NextEra Energy, Inc. is a leading clean energy company

with revenues of more than $15.3 billion, more than 41,000

megawatts of generating capacity, and approximately

15,000 employees in 24 states and Canada as of

year-end 2011.

Nicholas C. Fanandakis is Executive Vice President and

Chief Financial Officer. He joined DuPont in 1979 as an

accounting and business analyst in the Petrochemicals

Department in Wilmington, DE.

Over the next several years, Mr. Fanandakis served in a

variety of plant, marketing, and product management

positions within Petrochemicals, Chemicals and Pigments,

and Specialty Chemicals. He also spent about six years in

the Fluorochemicals business. In 1993, he was appointed

regional manager in Specialty Chemicals. In 1995, he was

appointed Business Manager, Safety and Environmental

Management Services. In January 1997, he was appointed

to the position of Global Business And Operations

Manager, Peroxygens.

In October 1999, Mr. Fanandakis was appointed to the

position of Business Director, Industrials, with responsibility

for the Industrial Solutions market space, which includes

Acrylonitrile, Anchorage Systems, Aniline, Aramid

Intermediates, Cyanides, Dimethyl Sulfate, Methylamines,

Reactive Metals, Refinery, Secure Environmental Treatment,

and DuPont™ Vazo® Free Radical Initiators. He was named

Vice President and General Manager, DuPont Chemical

Solutions Enterprise in September 2003. In February 2007

he was named Vice President, Corporate Plans. In January

2008 he was named group Vice President, DuPont Applied

BioSciences. He was named to his current position in

November 2009.

Mr. Fanandakis obtained BA Accounting and MBA Business

Administration degrees from Northeastern University

(1979) and Grand Valley State College (1984).

Keynote Panel


Chris KreidlerCFO, Sysco

Deborah ThomasCFO, Hasbro

Carol MassarAnchor, Bloomberg Television & Radio

Chris has been the Chief Financial Officer and Executive

Vice President of Sysco Corp. since October 5, 2009.

Prior to joining Sysco in 2009, Mr. Kreidler served as

Chief Financial Officer and Executive Vice President of

C&S Wholesale Grocers, a privately-held food wholesaler

from February 2007 to March 2009. He served as Senior

Vice President of Corporate Strategy of Yum! Brands

Inc. and served as its Treasurer from December 2003

to February 2007. Mr. Kreidler also served as a Senior

Finance Executive at Yum! Brands, Inc. He joined PepsiCo’s

predecessor in 1996 and progressed through increasingly

responsible finance roles, culminating in his position as

senior vice president, corporate strategy and treasurer, in

which he had global responsibility for strategy, treasury,

M&A, and risk management.

Prior to joining Yum!, he worked in various investment

and finance roles including seven years as an investment

banker at Dallas-based Mesa Limited Partnership. Mr.

Kreidler earned an undergraduate degree and an MBA

from Rice University.

Deborah Thomas leads Hasbro’s global financial

operations, including accounting and control, business

planning and analysis, internal audit, treasury, tax, investor

relations and other key financial disciplines.

Prior to her appointment in 2009 as Hasbro’s CFO, Ms.

Thomas served as Senior Vice President and Head of

Corporate Finance for Hasbro. Ms. Thomas also served as

the Company’s Corporate Controller and has held positions

of increasing responsibility since joining Hasbro’s Finance

Department in 1998.

Ms. Thomas has participated in the due diligence and

acquisition teams for almost every major acquisition

Hasbro has made. In addition to her role in corporate

finance, Ms. Thomas is an active member of Hasbro’s

Global Information Systems Steering Committee.

Prior to joining Hasbro, Ms. Thomas held Assurance

positions at KPMG Peat Marwick, LLP from 1986 through

1998, in the United States and in the United Kingdom.

Ms. Thomas is a member of the Board of Directors of the

Rhode Island Public Expenditure Council, and also serves

on the President’s Advisory Council of Providence College.

She is a member of the AICPA, the Rhode Island Society

of CPA’s, and has advised on occasion to the Members in

Industry sub-committee of the AICPA. She also sits on the

Board of the Rhode Island Airport Corporation.

In 2010, Ms. Thomas was named the 2010 Citizen of the

Year by the March of Dimes Rhode Island’s Board of

Directors, in recognition for her work to advance the March

of Dimes’ mission of improving infant health.

Ms. Thomas has a BS from Providence College, and is a CPA.

Carol Massar is a national correspondent for Bloomberg

Television and the co-host of “Bloomberg on the Economy”

on Bloomberg Radio. Massar provides in-depth coverage

and analysis of major economic and business issues across

Bloomberg’s media platforms, including reporting on-

location about new business start-ups, corporate trends

and changes in the U.S. marketplace.

An award-winning journalist with over 15 years of

experience, Massar joined Bloomberg Television in 1999.

During her time at Bloomberg, Massar has reported from

around the globe including covering the World Economic

Forum in India, the Business Council, the New York Stock

Exchange and NASDAQ. She has also interviewed top

leaders in business, economics and government including

Coca-Cola CEO Muhtar Kent, former Time Warner CEO

Dick Parsons, General Electric CEO Jeffrey Immelt, venture

capitalist Vinod Khosla and economists Joseph Stiglitz and

Nouriel Roubini. In 2006, Massar anchored “The Ethanol

Fix—Breaking America’s Addiction to Oil,” which won

numerous awards including the National Gracie Award

from the American Women in Radio and Television.

Massar began her career as a producer at the Financial

News Network. She later served as a producer, reporter

and anchor for Dow Jones Television which aired in the

U.S., Asia and Europe. Massar was also a correspondent

for “The Asian Wall Street Journal Report” and “The Wall

Street Journal Report” produced by Dow Jones and later

by CNBC.

Massar earned a degree in economics from Barnard

College/Columbia University, where she also delivered

business news over Columbia’s radio waves.

9:15 am —

10:30

am

GR

AN

D B

AL

LR

OO

M

Moderator

Join us for a fascinating discussion with Gail McGovern, the

President and CEO of the American Red Cross. Since joining

the Red Cross, Gail has helped to transform this 131-year old

American institution into a 21st century emergency response

and blood services organization.

Our keynote speaker will be introduced by Gregg Darish of

Corporate Reimbursement Services, Inc. (CRS), which designs

and administers vehicle reimbursement programs and expense

management solutions for companies with mobile employees.

The American Red Cross:

Turnaround and Transformation

SUSTAINED XCELLENCE

GreGG DarishFounder and CEO, Corporate Reimbursement Services

Gail McGovernPresident & CEO, American Red Cross

Gregg Darish is Founder and CEO of Corporate

Reimbursement Services, Inc. (CRS), an innovative and

award-winning company providing software-as-a-service

(SaaS) solutions for companies with mobile employees.

CRS delivers significant cost savings, reduced risk

and liability, and increased efficiency, by transitioning

companies away from a company-provided fleet

program to a fully-automated, tax-free, fair and accurate

reimbursement program. These programs integrate vehicle

reimbursement with expense management, mileage

tracking, route optimization, and time management

solutions across multiple industries.

Gregg is a dynamic entrepreneur, nationally recognized

as an expert on IRS tax codes and accounting regulations

related to vehicle reimbursement. Previously Gregg

held positions at Forrester Research, providing strategic

guidance to senior executives at Global 1000 client

companies. His expertise enabled his clients to leverage

technological change to penetrate new markets, identify

new revenue opportunities, and increase efficiencies.

CRS was recently presented with the prestigious 2012

SBANE Innovation Award, recognizing “potential

game-changers in their markets” and significant

technological achievement. Additionally, CRS has been

awarded the 2012 Benchmark Portal Award, which

recognizes companies maintaining only the highest

standards for customer care via a highly efficient and

exceedingly effective customer service call center.

An active leader in business and non-profit roles, Gregg

is a board member of Young Presidents Organization and

on the board of several non-profit organizations. Gregg

attended Northeastern University where he majored in

Business Administration and minored in Entrepreneurship.

Gail J. McGovern joined the American Red Cross as

president and CEO in April 2008, and has taken a strong

leadership role at the nation’s leading emergency response

and blood services organization.

McGovern has invigorated the $3.3 billion organization

by leading efforts to achieve financial stability and

streamline Red Cross operations across the country. Under

her direction, the Red Cross eliminated its operating

deficit in 2009 and has since maintained a balanced

budget. McGovern has overseen the American Red Cross

response to multiple high-profile disasters, including the

Haiti earthquake, Japan earthquake and tsunami, and

the tornadoes, floods and wildfires that affected the

U.S. in 2011.

On March 10, 2011, she was appointed as one of 10

members on the President’s Management Advisory Board

and serves as the only nonprofit leader on this White

House panel.

Prior to joining the Red Cross, McGovern was a faculty

member at the Harvard Business School and served as

president of Fidelity Personal Investments. She was also

executive vice president for the Consumer Markets Division

at AT&T.

She earned a Bachelor of Arts degree from Johns

Hopkins University and an MBA from Columbia University,

McGovern is currently a member of the board of trustees

of Johns Hopkins University and the board of directors of

DTE Energy.

McGovern was recognized by Fortune magazine in 2000

and 2001 as one of the top 50 most powerful women in

corporate America.

12:00 pm — 1:30 pm GRAND BALLROOM

Section TitleLuncheon Keynote

Our afternoon keynote features GE CFO Keith Sherin

in a “fireside chat” conversation with CFO Journal editor

Matthew Quinn.

The session will be introduced by Peter Hirst, the Executive

Director of MIT Sloan Executive Education.

Sustaining Excellence Through Crisis

Keith SherinVice Chairman & CFO, General Electric

Keith S. Sherin has been senior Vice President and GE’s

Chief Financial Officer since 1998. He was named Vice

Chairman in 2007.

Mr. Sherin first joined GE in 1981 through the GE Financial

Management Program in Medium Steam Turbine. After

three years he joined the Corporate Audit Staff where he

progressed to executive audit manager and later manager

of Programs and Planning.

Mr. Sherin was promoted to Manager of Finance for

Commercial Engine Operations at GE Aircraft Engines in

early 1992, and the following year he was named Director

Of Finance for GE Plastics Europe in Bergen op Zoom,

the Netherlands.

In the fall of 1995, Mr. Sherin joined GE Medical Systems

as manager of Global Finance and Financial Services, and

less than a year later he was promoted to Vice President of

Finance and Financial Services Operation.

Mr. Sherin earned his B.A. from the University of Notre

Dame and an M.B.A. from Columbia University.

Matthew QuinnDeputy Editor, CFO Journal

Matthew Quinn is the Deputy Editor of CFO Journal, an

online edition of The Wall Street Journal for corporate-

finance professionals.

Since joining the Journal in 2011, he has led a team of

editors and reporters in launching this new website, as

well as a weekly feature in the print edition’s Marketplace

section. He oversees the Journal’s annual CFO

compensation survey and produced its first ever “Best

CFOs” list earlier this year.

Matt has covered banking, accounting and corporate cash

management, among other finance topics, as a reporter

and editor. He has won numerous awards, including a “Best

in Business” award from the Society of American Business

Editors and Writers for his article, “Inside Google’s $10

billion stash” and several team awards for coverage of the

corporate credit crunch.

Matt has written articles on companies including IBM,

General Motors, and Citigroup, among many others.

Prior to joining the Wall Street Journal, Matt held writing

and editing positions with Crain’s Financial Week, Inc., and

American Banker. Prior to journalism, he was a financial

analyst with Wenner Media, publisher of Rolling Stone,

Us Weekly and Men’s Journal. Matt earned his B.A. in

Economics from the College of the Holy Cross and M.A. in

Business Journalism from New York University.

Section Title


Afternoon Keynote

Growth through acquisition has developed into

a mantra by many, whether as an offensive or

defensive means to meet a company’s growth

goals. But is it so bad to sweat out growth the old

fashioned way and just build it yourself?

This panel investigates the decision process

as to whether growth is best achieved through

acquisition or internal development. Topics

addressed will cover various growth goals

including regional expansion, additional product

lines and new sales channels. We will hear from

proponents of both acquisition and organic growth

strategies as the CFOs debate which approach

their company has opted for and why.

To Acquire, To Perspire

SUSTAINED XCELLENCE

Jean BuaCFO, NetScout

Eduardo CordEiroExecutive VP & CFO, Cabot Corp

Jean A. Bua has been NetScout’s Chief Financial Officer

since December 2011. Ms. Bua joined the company in

September 2010 as Chief Accounting Officer and Vice

President of Finance. Prior to joining NetScout, Ms.

Bua served as Executive Vice President of Finance and

Treasurer at American Tower Corp. During her tenure there,

she also held positions as Interim Chief Financial Officer

and Senior Vice-President, Finance. She joined American

Tower Corporation from Iron Mountain, Inc., where she

served as Senior Vice-President, Corporate Controller

and Chief Accounting Officer. Previously, she held senior

positions at Duracraft Corp. and Keithley Instruments. She

was a management consultant at Ernst & Young and an

auditor at KPMG. Ms. Bua earned her Bachelor of Science

in Business Administration, summa cum laude from Bryant

College and her Masters of Business Administration from

the University of Rhode Island. She is also a Certified

Public Accountant.

Eduardo Cordeiro is Executive Vice President and Chief

Financial Officer of Cabot Corporation.

Cabot (NYSE: CBT) is a global leading producer of

specialty chemicals and performance materials, with sales

of $3.1 billion in 2011. Founded in 1882, the Company is

based in Boston, Massachusetts, and has operations in

more than 20 countries.

In his current role, Mr. Cordeiro has oversight for all

financial functions, as well as information technology,

purchasing, and corporate communications. He also has

responsibility for the corporate strategy function for the

Company, as well as strategy development and portfolio

management. He is a member of the Company’s Executive

Committee.

Mr. Cordeiro joined Cabot in 1998 in the Corporate Planning

group and has held several senior management positions,

including Corporate Controller, Director of Investor

Relations, General Manager of Cabot’s Fumed Metal

Oxides business, General Manager of the Supermetals

business and has led the Superior MicroPowders business

development activities for the Company. Prior to becoming

CFO in 2009, he was Vice President of Corporate Strategy.

Prior to joining Cabot, he was a consultant with the Boston

Consulting Group.

Mr. Cordeiro is on the board of FMC Corporation, one

of the world’s foremost, diversified chemical companies

with leading positions in agricultural, industrial and

consumer markets.

Mr. Cordeiro earned his MBA from Harvard Business School

and a B.A. in Economics from Harvard University.

Track 1

11:00 am — 12:00 pm GRAND BALLROOM

John KennyDirector, ZipCar

John LeahyCFO, iRobot

Brian GriffithsManaging Director, Credit Suisse

John Kenny has served as a member of ZipCar’s Board

of Directors since 2010. He is also Managing Director

of New Day Capital, LLC, a private investment and

consulting firm he established in 2010. From 1991 to 2009,

Mr. Kenny served in a number of senior executive roles

for Iron Mountain Incorporated (NYSE: IRM), a provider

of information protection and storage services. He was

Executive Vice President and Chief Financial Officer of IRM

from 1997 to 2007 and also served as a director from 2000

to 2007. During his tenure, IRM grew from a domestic

private company with $30MM in revenue to an S&P 500

listed global enterprise with revenues exceeding $3B. As

CFO, he directed a financing and global expansion strategy

raising over $5 billion through 15 public offerings to fund

over 300 acquisitions and joint ventures.

Prior to IRM, Mr. Kenny was a Vice President in the

merchant banking arm of CS First Boston. Mr. Kenny

currently serves on the Boards of a number of private

companies and Zipcar (NASDAQ: ZIPv) where he sits

on the Audit Committee and Chairs the Compensation

Committee. He holds a BSME from The Massachusetts

Institute of Technology and an MBA from Harvard

Business School.

John Leahy has more than 25 years of extensive financial

experience at multi-national companies in technology and

consumer industries. Prior to joining iRobot, he served for

eight years as executive vice president and chief financial

officer at Keane Inc., a $950 million IT business consulting

and outsourcing services company. Previously, Leahy

worked at PepsiCo for 17 years, holding several executive

positions in finance and strategic planning in the United

States and abroad.

Leahy holds a bachelor’s degree in finance from Merrimack

College and a master’s degree in business administration

from Boston College.

Brian Griffiths is a Managing Director in the Investment

Banking division of Credit Suisse, based in New York. He

is Head of the Enterprise and Communication Systems

business within the Global Technology Group. Mr. Griffiths

was previously Co-head of the TMT Group and Head of

European Technology, based in London.

Mr. Griffiths joined Credit Suisse First Boston in September

2005 from Deutsche Bank, where he was a Managing

Director and Head of the European technology group for

four years. Prior to this, he was a Managing Director in the

Technology Group at Morgan Stanley, based in London

and New York.

Mr. Griffiths has twenty years of technology investment

banking experience. He has covered a broad array

of technology clients across all sub-sectors, and has

particular expertise in the communications infrastructure,

mobility, electronics and software sectors. His current

coverage includes companies in telecom equipment,

mobile communications, enterprise networking, security

and cloud infrastructure sectors.

He has advised on a number of landmark transactions

and has worked with leading companies such as Alcatei-

Lucent, ASML, Avaya, Ericsson, Gemalto, HP, lnfineon,

Intel, Kaspersky Lab, Nokia, Nokia Siemens Networks,

Nuance, NXP, Philips, Sage, SAP, Siemens, Tellabs, Texas

Instruments and Xerox. In addition, he has worked with

many of the leading financial sponsors and venture capital

firms in both the US and Europe.

Mr. Griffiths holds an MBA from Dartmouth College and a

B.A. from Tufts University.

11:00

am —

12:00

pm

GR

AN

D B

AL

LR

OO

M

Moderator

The Strategic CFO: Fact or Fiction?

Strategic leadership is an essential ingredient for success in

any organization. This is particularly true for the CFO and

Finance function in the current economic climate where having

a robust financial strategy is critical for sustaining long-term

organizational viability, a competitive advantage and insuring

adequate capital for future growth.

However, to what degree has this essential need been

undermined by the operational realities facing the CFO whose

attention is increasingly directed toward more technical

issues such as financial restatements, expanding accounting

complexities, regulatory compliance and responding to other,

often mundane non-strategic concerns?

This panel of experts will explore the myths and realities of the

strategic vs. technical CFO and how various stakeholders view

the pros and cons of each.

SUSTAINED XCELLENCE

DonalD allan, Jr.Senior VP & CFO, Stanley Black & Decker

RichaRd GaynoRCorporate VP & CFO, GT Advanced Technologies

Donald Allan Jr., Senior Vice President and Chief Financial

Officer for Stanley Black & Decker, Inc. was appointed to

the position in December 2008. Prior to this promotion,

Don served as Vice President, Corporate Controller for The

Stanley Works since November 2000 and was appointed

an executive officer of the company in 2006. Don is one

of the key Stanley Black & Decker executives instrumental

in driving the company’s overall transformation strategy.

The company’s transformation strategy has included 70+

acquisitions, including the merger with Black & Decker,

which combined with organic initiatives has resulted in

revenue growth from ~$2B in 2003 to ~$11B in 2012.

In his tenure as Vice President, Corporate Controller he

served as the Acting European CFO for two separate

periods totaling 18 months. He joined The Stanley Works

in March of 1999 as Director of Financial Reporting

and was promoted to Assistant Corporate Controller in

October of 1999.

Prior to joining The Stanley Works, Don held financial

management positions with Loctite Corporation, a leading

specialty chemical company from 1995 to 1999.

Don spent nine years at Ernst & Young and was promoted

several times and held the position of Audit Senior

Manager at the end of his tenure.

Don holds a bachelor’s degree in accounting from the

University of Hartford and is a Certified Public Accountant.

Mr. Richard Gaynor joined GT Advanced Technologies

(NASDAQ: GTAT) as Corporate Vice President &

Chief Financial Officer in March 2010. GT leverages its

core competencies in crystal growth and equipment

engineering to deliver industry-leading technologies to

lower the cost of manufacturing and produce high quality

advanced materials. Headquartered in Nashua, New

Hampshire, over 95% of GT’s revenues are derived from

Asian markets.

Mr. Gaynor is responsible for GT Advanced Technologies’

global accounting, finance and IT operations. He has also

been a leader in developing the company’s long-range plan

and M&A strategy. Through M&A activities the Company

has recently expanded its portfolio to enter new high

growth markets and diversify revenue streams beyond its

original alternative energy sector.

Prior to joining GT Advanced Technologies, Mr. Gaynor was

SVP & CFO of Sonus Networks, Inc., a leading Voice Over

IP equipment and software provider. Previously he held

senior level financial and operational positions at other

communications and technology firms.

Mr. Gaynor holds a Bachelor of Science Honors degree

in chemistry and biology from the National University of

Ireland and an MBA from Trinity College, Dublin, Ireland.

Track 2

11:00 am — 12:00 pm SALONS FGH

Victoria HarkerCFO, Gannett

William HuyettDirector, McKinsey

Victoria D. Harker was appointed Chief Financial

Officer (CFO) of Gannett Co. Inc. in July 2012, where

she is responsible for all financial functions and

operations worldwide.

Previously, Victoria was CFO and President of Global

Business Services of the AES Corporation, a multinational

power company with consolidated 2011 revenues of $17

billion and assets of $45 billion operating in 28 countries.

She joined AES in 2006 where she successfully led the

re-engineering of the company’s capital structure, financial

reporting, and controls environment, returning it to

Fortune #153 in 2008. In addition, Victoria serves on the

Board of Directors of Xylem, Inc. a $4 billion global water

infrastructure company, as Chair of the Audit Committee

as well as a member of the Nominating, Governance and

Compensation Committees. She also serves on the Finance

and Audit committees of the Board of Directors of Darden

Restaurants, Inc.

On July 3, 2012, Victoria was appointed by Governor

Robert F. McDonnell to the University of Virginia’s Board

of Visitors. She is trustee of the UVA Foundation’s $250M

Jefferson Trust. Victoria received her Bachelor of Arts

degree, majoring in English, with a concentration in

Economics, from the University of Virginia and a Master’s

degree in Business Administration, with a concentration in

Finance, from American University in Washington, DC she

lives in McLean, Virginia with her husband and three sons.

Cheryl McDowell is the VP Finance and Business

Operations for Latin America at Oracle Corporation with

responsibility for Business Finance, Engineered Systems

Program Management, Market Intelligence and Sales

Systems and Tools. Cheryl has been with Oracle for 14

years residing in Miami, FL. Cheryl was very involved in

the Oracle transformation including the migration of our

9 Latin America subsidiaries to the shared service center

from 1999-2001. Her latest endeavor is the creation of

a program management office in Latin America for the

engineered systems (Exadata, Exalogic, Exalytics and

Supercluster) which involves coordination and cooperation

with the LAD Field Sales and Marketing Teams to increase

Engineered Systems sales improving the efficiency and

quality of the sales cycle. In addition this team helps sales

understand new engineered systems market introductions

and designs.

Prior to joining Oracle, Cheryl worked at American Express

as CFO for Argentina and Brazil and other senior treasury

roles in Miami and New York. There she also worked on

implementing the shared services in Argentina and Brazil.

Cheryl is active with Oracle’s Women’s Leadership

program as a thought leader for Latin America and Florida

and a member of Women Executive Leadership, Inc. In

the past she also was on the Advisory Board of Florida

International University’s Chapman Graduate School

for business. Cheryl grew up in Brazil and has lived in

Argentina, Mexico and Switzerland and speaks English,

Spanish and Portuguese. She has a BA from the University

of Wisconsin in International Relations and French.

Mr. Huyett is a director at McKinsey and Company, Inc,

and a leader of the Firm’s Strategy and Corporate Finance

practices. Based in Boston, he has been part of McKinsey’s

Zurich and Washington, D.C. offices during his 25 years

with the Firm.

Mr. Huyett’s primary client interests are in healthcare—

especially pharmaceuticals and medical devices/

equipment—where he advises clients on a range of

matters, including corporate strategy, mergers &

acquisitions, globalization, and corporate leadership.

His client service and research interests include:

› Corporate strategy, capital markets and global

competitive dynamics

› IPO’s, M&A and post-merger management

› CEO leadership of management teams and boards

› Strategy formulation and strategic management

processes

› Scientific-discovery based innovation

He is active in the Firm’s Corporate Finance Strategy

practices, which are responsible for applied research in

areas such as corporate strategy, competitive strategy,

M&A and financial management. He is a co-author of the

book Value: The Four Cornerstones of Corporate Finance,

published by Wiley in 2011. He also sits on several of the

Firm’s governance committees.

Prior to joining McKinsey, Mr. Huyett held a variety of line

management positions in the electronics industry. His

BSEE and MBA degrees are from the University of Virginia.

Cheryl MCDowellVP Finance & Business Operations for Latin America, Oracle

11:00

am —

12:00

pm

SA

LO

NS

FG

H

Moderator

The How, When & Why of

Raising Capital

Raising capital is a critical milestone throughout

a company’s various stages of development. The

role of the CFO can be Quarterback, Coach and

Cheerleader as s/he weaves through the many

aspects of the process. For each fundraising event,

the CFO has to consider size, source, terms and the

prevailing market conditions, each of which has a

multiple of interconnected factors. The panel will

discuss recent fund raising experiences focusing on

best practices and pitfalls in today’s environment.

Topic discussions will include:

› Preparation tips for private rounds, public equity

and corporate debt

› Building your team and managing the

various advisors

› How to identify the best source of capital and

design an action plan to get investors attention

› Maximizing company valuation and

communicating with the board and the

executive team

› Best ways to avoid or resolve common

road blocks

SUSTAINED XCELLENCE

William arendtCFO, Avail–TVN

Scott DuSSaultExecutive VP & CFO, Demandware

William Arendt serves as CFO for Avail-TVN and was

recently named 2011 CFO of the Year, Technology and

Life Sciences by the Washington Business Journal. Bill

brings extensive experience in the digital media and

telecommunications industries to his role, including

more than 12 years with Nextel. Following the Sprint

Nextel merger, Bill was tapped to serve first as corporate

controller and then as interim CFO. Bill directed key

finance areas and all aspects of the accounting functions

for this global $40 billion telecommunications company,

and was responsible for the financial reporting process,

Sarbanes-Oxley and all financial filings with the SEC. He

most recently served as interim CFO for a digital media

technology company that redefines the way people

interact with and consume sports content. Bill has also

held management positions at Pocket Communications,

American Mobile Satellite Corporation and Ernst & Young.

Bill holds a bachelor degree in business administration

from John Carroll University.

Scott Dussault has served as Demandware’s Executive

Vice President and Chief Financial Officer since December

2008. Mr. Dussault previously served as Chief Financial

Officer of Archivas, Inc., a developer and distributor of

online storage management solutions, from February 2005

until Archivas was acquired in February 2007 by Hitachi

Data Systems. Prior to joining Archivas, Mr. Dussault

served as Chief Financial Officer of Astra Tech, Inc., a

medical devices distributor and subsidiary of AstraZeneca

PLC, from September 2004 until January 2005. Prior to

joining Astra Tech, Mr. Dussault served as Chief Financial

Officer of StorageNetworks, Inc., a publicly-traded

data-storage software and services company, from May

1999 until January 2004. Mr. Dussault began his career

with Ernst & Young LLP where he practiced in the firms

Entrepreneurial Services group and attained his CPA. He

holds a B.S. in Business Administration/Accounting from

Stonehill College.

Track 1


Matt NicholsCFO, Gemvara

Michael SkokPartner, North Bridge Venture Partners

RobeRt CuRleyManaging Director of Corporate Finance, Silicon Valley Bank

Matt Nichols joined Gemvara in February 2011 as Chief

Financial Officer and Board Member. Matt was previously

a Principal at Highland Capital Partners where he invested

in Gemvara and has served as an advisor since 2007. Matt

has an expertise in ecommerce through his investments

in Gemvara and The OpenSky Project. Matt was also

active in Highland’s investments as a board member or

board observer at Pixable, U.S. Search, Bullhorn, Quigo,

Going.com and Turbine. Prior to joining Highland, Matt was

a member of Google’s corporate development team. Matt

also worked at Morgan Stanley Venture Partners, where he

invested in Avamar (acquired by EMC for $165MM), Tarari

(acquired by LSI for $85MM) and Perceptive Software

(acquired by Lexmark for $280MM). Matt was a member of

the Google IPO team at Morgan Stanley.

Matt received a BA in Mathematical Economics from

Pomona College and an MBA with High Distinction from

The Tuck School of Business at Dartmouth.

Michael Skok joined North Bridge Venture Partners in

2002 to seek out great entrepreneurs and lead innovative

software investments. Prior to this, Michael had himself

been an entrepreneur and CEO in the software business

for 21 years. He founded, led and attracted over $100M

in private equity to his investments in several successful

software companies. As a VC, Michael has built several

hundred million dollars of value backing many great

entrepreneurs to focus on large market changing

technologies and disruptive business models such as

SaaS, Cloud Computing, Open Source and Mobile. Current

representative investments include Acquia, Akiban,

Apperian, Demandware (NYSE: DWRE), and Unidesk, as

well as Actifio and Revolution Analytics.

Robert A. Curley, Jr. is Managing Director of Corporate

Finance for Silicon Valley Bank serving the corporate

financial needs of companies in the software, internet and

services sectors across the nation. His background includes

over 25 years experience in venture equity and debt

financing, investment banking and technology lending.

Before joining SVB in October, 2011, Bob headed MMV

Financial’s investment activities in Silicon Valley and the

West. He joined MMV in 2010 after spending nearly eight

years as a General Partner of Pinnacle Ventures, a private

venture capital fund focused on providing debt and equity

financing to early-stage tech companies.

Prior to joining Pinnacle, Bob led Credit Suisse First

Boston’s (CSFB) Technology Group’s, Technology Debt

Finance unit. Also he founded and led its Electronics

practice which focused on providing corporate finance and

M&A advice for companies in the electronics supply chain.

Prior to the move to CSFB, Bob ran the Debt Finance

practice for the DMG (Deutsche Bank) Technology Group.

Before joining DMG, Bob was a Senior Managing Director

and ran the Mid-Cap Technology Group for Bank of

America. Bob joined Bank of America upon its merger

with Continental Bank, where Bob founded and ran the

Technology Finance Group.

Bob received his BBA in finance from the University of

Notre Dame.

1:30 pm

— 2:30

pm

GR

AN

D B

AL

LR

OO

M

Moderator

One of the most important relationships to a business is

undoubtedly the one with the most inherent conflicts and

tensions. Traditionally, the CEO has been an optimist, a

risk-taker, a “driver” and the CFO cautiously guarding the

purse strings.

Today, the CFO is the first person the CEO turns to for a

2nd opinion or “gut-check”. Conversations on investor

relations, capital management, financial reporting,

compliance and regulatory matters are being discussed

more in the broader context of company strategy.

Hear what our panelists feel makes for an ideal balance in

the CEO/CFO dynamic and hear some honest and personal

accounts of challenges and lessons learned.

The Yin & Yang of the CEO–CFO Relationship

SUSTAINED XCELLENCE

Darlene Deptula-HicksCFO, Microline Surgical

Patrick MorleyPresident & CEO, Bit9

Patrick Morley serves as President and Chief Executive

Officer of Bit9. Patrick is an industry veteran with a well-

proven track record of driving companies large and small

to revenue growth and market leadership. Serving in senior

leadership roles, Mr. Morley has worked on six venture-

backed software companies and three successful IPO’s. Mr.

Morley most recently served as Chief Operating Officer of

Corel, where he led the company’s global sales, marketing,

and operations functions for the Americas, EMEA, and

Asia. He joined Corel in 2005, playing a significant

leadership role in the company’s turnaround, acquisition

strategy and eventual IPO.

Prior to Corel, Patrick served as Chief Executive Officer

of Massachusetts-based security company Imprivata

Corporation. He has also held senior management

positions at Macromedia, Allaire, Rational Software and

SQA. He received a B.A. in Mathematics and Computer

Science from Providence College.

Darlene Deptula-Hicks is the Chief Financial Officer

of Microline Surgical, Inc., a global manufacturer and

marketer of medical devices for laparoscopic surgery.

Prior to joining MSI Ms. Deptula-Hicks served as the

Executive Vice President and Chief Financial Officer and

Treasurer of iCAD Inc., a publicly traded medical device

company (Nasdaq: ICAD). She has more than 25 years

experience in financial management within the medical

device and high technology industries. Prior to joining

iCAD, Ms. Deptula-Hicks served as EVP and Chief Financial

Officer and Treasurer of ONI Medical Systems, Inc., a

venture-backed designer and manufacturer of high-field

diagnostic imaging systems. Ms. Deptula-Hicks was also

EVP and Chief Financial Officer of Implant Sciences

Corporation, an early stage medical device company

that had its initial public offering (“IPO”) in June of

1999. Ms. Deptula-Hicks led the pre-IPO and post-IPO

activities for the company. Ms. Deptula-Hicks has also held

various senior financial positions at Abiomed, Inc.; GCA

Corporation; Edwards High Vacuum International and

Puritan Bennett Corporation.

Ms. Deptula-Hicks also currently serves on the Board of

Directors and as Chair of the Audit Committee of USfalcon,

Inc., a privately held IT and professional services company

serving military, federal and commercial customers

worldwide. Ms. Deptula-Hicks previously served on the

Board of Directors and as Chair of the Audit and Corporate

Governance Committees of Technest Holdings, Inc., an

$80M publicly traded defense and homeland security

company and on the Board of Directors and Chair of the

Audit Committee of IMCOR Pharmaceutical Company, a

public biotech company.

Track 2

1:30 pm — 2:30 pm SALONS FGH

Gordon PothierCFO, Bit9

Charles F. Wagner, Jr.CFO, Bruker Corporation

Bill DriscollPresident, New England District, Robert Half International

Gordon Pothier is Vice President of Finance at Bit9,

overseeing finance, administration, legal, human resources,

and facility operations. With over 15 years of financial

management experience, he brings proven financial

expertise, operational skills, and strategic planning

leadership to the Bit9 executive management team. Before

joining Bit9, Gordon served as senior director at Corel,

where he focused on global sales operations, improving

the company’s overall back office systems. He played

a critical lead role during the company’s mergers and

acquisitions, integrating WinZip and Intervideo into the

company’s go to market model.

Prior to Corel, he held senior financial management

positions at Macromedia, after joining that company

through its acquisition of Allaire Corporation. Gordon

helped transition the company from a primarily packaged

software vendor to an enterprise sales company before its

acquisition by Adobe. He earlier served as business unit

controller at Bay Networks and he started his career at

Sybase. Mr. Pothier received a B.S. in Accountancy and an

MBA in Finance from Bentley College.

Charlie F. Wagner, Jr. is the Executive Vice President,

Finance & Administration and Chief Financial Officer of

Bruker Corporation (NASDAQ: BRKR), a global leader in

analytical instrumentation for the life science and applied

markets. He is responsible for leading the company’s

global accounting, finance, and human resource functions,

and also shares responsibility for the company’s strategic

planning and corporate development activities. Charlie was

also previously on Bruker’s Board of Directors and Audit

Committee from 2010 to 2012.

Prior to joining Bruker as CFO in July 2012, Charlie served

as Executive Vice President and Chief Financial Officer

of Progress Software (NASDAQ: PRGS). Charlie also

previously served as Corporate Vice President and Chief

Financial Officer of Millipore Corporation (NYSE: MIL)

from August 2007 to July 2010, when the company was

acquired by Merck KGaA. He was responsible for Millipore’s

global accounting, finance and information technology

functions, as well as the company’s strategy and corporate

development activities. Before becoming CFO at Millipore,

he served as Corporate Vice President, Strategy and

Corporate Development. Before joining Millipore, Charlie

was a manager at Bain & Company, Inc., and earlier

in his career he was a manger in the audit practice at

Coopers and Lybrand LLP. He earned his MBA in Business

Administration (Harvard University, Graduate School of

Business Administration) and holds a BSc in Accounting,

summa cum laude (Boston College, Wallace E. Carroll

School of Management).

William N. Driscoll, New England District President, is

based in Robert Half International’s Boston office. Bill

oversees professional staffing services for RHI’s 23 offices

throughout Massachusetts, New Hampshire, Maine,

Connecticut, Rhode Island and portions of New York.

Bill began his career with the company in 1992 in the

Boston office where he consistently ranked among RHI’s

top 10 salespeople worldwide. Promoted to Area Manager

in 1996, Driscoll transferred to Atlanta and soon increased

RHI’s presence in Georgia from one office to seven

statewide, Driscoll became a Regional Manager in 1998 and

took on the highly visible role of District President over all

of the company’s operations in North and South Carolina,

Georgia and Jacksonville, Fla. He returned to Boston as

New England District President in January of 2006.

Bill serves as a national spokesperson for Robert Half

International and has been featured in several top

publications, including the Wall Street Journal and the

Boston Globe. He has also made appearances on local and

national networks, including WFXT, NECN, PBS, and Fox

Business News.

A graduate of Middlebury College in Vermont, Driscoll

holds bachelor’s degrees in History and Spanish.

Bill, his wife Laurel and their three children reside in

Lexington, MA.

1:30 pm

— 2:30

pm

SA

LO

NS

FG

H

Moderator

Unprecedented data processing and storage capacity are

changing the way companies manage governance, risk

and compliance (GRC), enabling enhanced visibility and

automation of processes. However, more data can mean more

problems if you don’t handle the data deluge effectively.

Come hear how you can successfully navigate the Big Data

gauntlet from the innovators, entrepreneurs and seasoned

CFOs who are driving the big data wave.

Big Data, Big Deal

SUSTAINED XCELLENCE

Justin BorgmanCEO & Co-Founder, Hadapt

Ron GillCFO, NetSuite

Justin is Co-Founder and CEO of Hadapt. Prior to Hadapt,

Justin led product development for COVECTRA, an anti-

counterfeit technology firm. Before that, Justin founded

an online social media company and spent the first six

years of his career as a software developer at MIT Lincoln

Laboratory and Raytheon.

Justin has a B.S. in Computer Science from the

University of Massachusetts at Amherst, where he was a

Commonwealth Scholar, and attended graduate school at

the Yale School of Management.

Ron Gill is responsible for overseeing the company’s global

financial strategy and operations. Since joining NetSuite in

2007, he has been responsible for NetSuite’s accounting

and finance functions, serving as Vice President of Finance,

then as Senior Vice President of Finance. Prior to joining

NetSuite, Gill was Vice President, Finance, at Hyperion

Solutions. Previously, he held a variety of financial positions

with several of the world’s largest technology companies,

including SAP, Dell and Sony. Gill holds a Master of

International Business Studies degree from the University

of South Carolina and a B.A. from Baylor University.

Track 1


Jeanne JohnsonPrincipal, Business Intelligence, KPMG

Jeanne Johnson is a Principal in KPMG’s U.S. Advisory

practice. She serves as the Global lead for Business

Intelligence for KPMG is currently leading a firm wide

innovation initiative around Data Analytics. Her areas of

experience over the last 20 years have included helping

clients with large enterprise change initiatives, deploying

complex reporting and analysis requirements, preparing

for changing global business and technology models,

and managing key aspects of operational and technology

performance and risk.

Jeanne has worked throughout the world helping clients

plan and execute transformation and change initiatives

to grow their businesses. Understanding the complex

environment of today, Jeanne has developed/delivered on

financial and operational engagements that have resulted

in clear and measurable results. Led and delivered large

scale client solutions across the following disciplines:

› Leading KPMG efforts around Data & Analytics and

Business Intelligence Innovation solutions

› Led and developed a global information and reporting

strategy and roadmap to help a global multi-national

client adapt their operational and financial reporting

capabilities to manage a transforming business model in

a highly regulated environment

› Led and developed a large global enterprise data

governance and regulatory reporting capability to

integrate business and technology accountabilities,

standardize and integrate technology systems, and

connect performance and compliance objectives

Andy Palmer is an active angel/seed investor who

specializes in accelerating the foundation and growth of

early-stage, mission-driven companies. He has helped

start, fund or found more than 25 innovative companies,

which have resulted in two IPOs to date. His current areas

of interest include HealthIT, Crowdfunding, Life Sciences,

Information Technology/Internet/Software, Educational

Technology/E-Learning.

Previously, Andy was co-founder and founding CEO of

Vertica Systems (acquired by HP). Before that, he was a

member of the core startup team and the SVP and CIO

at Infinity Pharmaceuticals (NASDAQ: INFI). He also held

positions at innovative startups including Bowstreet,

pcOrder.com and Trilogy.

More recently, he has served as a BOD member for

innovative early-stage companies including Cloudant,

CloudSwitch, Firecracker, jobFig, Recorded Future,

and Upstart.

Andy is also a seed/angel investor or advisor for a number

of other companies, including Affectiva, Apptegic, Bluefin

Labs, Docphin, GiveForward, Medio Systems, SharesPost,

Syapse, Transform Health, and Yapstone.

Andy has a particular interest in projects at the intersection

of computer science and the life sciences, and a specific

passion for cancer drug discovery and development.

Andy earned his MBA from the Amos Tuck School

of Business at Dartmouth College in 1994 and his

undergraduate degrees in English and history (with a

Computer Science minor) from Bowdoin College in 1988.

Andy PAlmerDirector, CloudSwitch

3:00

pm —

4:00

pm

GR

AN

D B

AL

LR

OO

M

Moderator

Healthcare: The Biggest Cost You Should Control

The United States spends more on healthcare than any other

industrialized nation. The rising cost in recent years has

impacted healthcare organizations, employers and individuals.

This issue has been addressed at the state and national level, to

include the U.S. healthcare reform law, signed in 2010.

The focus of this panel will be to take a deeper look at how

this reform as well as other expected changes may influence

competitiveness, long range corporate planning and CFO

business practices.

Discussion topics will include controlling costs and risk related

to healthcare services and the role of healthcare plans in talent

acquisition and retention.

SUSTAINED XCELLENCE

Michael azarelaExecutive VP & CFO, Suffolk Construction

Michael Azarela is Suffolk Construction’s Executive Vice

President and Chief Financial Officer. He is responsible for

managing Suffolk’s day-to-day financial, administrative

and information technology functions on a national basis.

He also serves on Suffolk’s Executive Management Team,

which is responsible for establishing Suffolk’s strategic

direction and financial goals.

As Chief Financial Officer, Michael directs the company’s

day-to-day financial and administrative functions,

negotiates credit agreements and is responsible for

re-engineering accounting processes and upgrading

technology systems. He recently led the company-wide

implementation of Suffolk’s state-of-the-art Oracle

Enterprise Resource System, which streamlined accounts

payable processes and interdepartmental data sharing.

He also manages the treasury, tax, risk management, and

mergers and acquisitions functions of the company.

Previous to his position at Suffolk, Michael served as

President, Executive Vice President and Chief Financial

Officer for RailWorks Corporation, an $800 million public

company. He also worked for L.K. Comstock and Company,

Inc. for over fifteen years where he worked his way up

from Regional Accountant to Chief Executive Officer and

Chairman of the company.

Michael earned a Bachelor of Science degree in accounting

at Northern Illinois University, earned his MBA in finance at

Iona College and is a CPA.

Jeffrey C. Garr is an entrepreneur and early pioneer of

human resource (HR) outsourcing.

Over 15 years ago, Jeff recognized that strategic HR

outsourcing provided a number of important advantages

to small- to mid-sized businesses, allowing them to better

control capital costs, minimize legal risk, and operate more

efficiently. With this in mind, in 1997, Jeff helped launch HR

Logic, Inc., a Fidelity Investments company focused on HR

outsourcing. In 2001, he started his own HR outsourcing

company, AdminaService, Inc., and in 2005, Jeff merged

his company with HR Knowledge. Together, these two

companies offer a unique and integrated HR outsourcing

model supported by high-touch client service. Today,

HR Knowledge provides best-in-class HR services at an

affordable cost.

As CEO of HR Knowledge, Jeff has been a driving force

behind the company’s significant growth. He is the creator

of HR Knowledge’s signature “concierge-level client

service,” which has helped position the company as a

leading provider of outsourced HR for, among others,

small- to mid-sized businesses, nonprofits, charter and

private schools, and high tech companies.

Jeff is an active member and past president of the

Mansfield, MA Rotary Club. Currently, he is the president

of Network 128, a widely respected business-to-business

networking group in Greater Boston, Massachusetts. Jeff

earned his Bachelor of Science Degree in Political Science

from Northeastern University.

Jeff GarrCEO, HR Knowledge

Track 2

3:00 pm — 4:00 pm SALONS FGH

Radhika SamantCFO & Controller, EnterpriseDB

Retsef LeviProfessor, MIT Sloan School of Management

Radhika Samant serves as Chief Financial Officer and

Controller of EnterpriseDB Corporation. Ms. Samant served

as Vice President of Finance at EnterpriseDB Corporation.

Ms. Samant started her career with S.B. Billimoria & Co. (at

the time the Indian affiliate of Ernst & Young International

and currently Deloitte and Touche) in the field of Public

Accounting. After three years in public accounting she

joined Kirloskar Oil Engines Ltd., where she headed the

Foreign Trade Department and was a key contributor in

spearheading the foreign exchange risk management

policy of EnterpriseDB Corporation. She served with

Everest Consulting Group as Manager of Finance where

she helped set up and manage EnterpriseDB Corporation’s

international operations. She served as the Director of

Financial Reporting and General Accounting for Easylink

Services Inc. Ms. Samant is a Certified Public Accountant

and Chartered Accountant (India).

Retsef Levi is the J. Spencer Standish (1945) Professor of

Management and an Associate Professor of Operations

Management at the MIT Sloan School of Management.

Levi’s current research is focused on the design

and performance analysis of efficient algorithms for

fundamental stochastic and deterministic optimization

models that arise in the context of supply chains, revenue

management, logistics, and healthcare. These fundamental,

multistage stochastic models are typically difficult to

solve optimally, both theoretically and in practice. Hence,

it is important to develop efficient heuristics that provide

provably near-optimal policies for these hard models.

Levi has a special interest in cost-balancing techniques,

data-driven (sampling-based) algorithms, and modern

linear programming-based approximation techniques

applied to models in the above domains. In addition, he

is interested in stochastic and combinatorial optimization

and mathematical programming in their broad definition,

especially in their intersection with problems that arise

in the context of real-life applications. Levi is affiliated

with MIT’s Master of Science Program in Computation for

Design and Optimization.

He was born in Tel-Aviv, Israel, and served for about 12

years as an officer in the Israeli Defense Forces. In 2005,

he received the Goldstine Postdoctoral Fellowship in

Mathematical Sciences awarded by the Mathematical

Sciences Department at the IBM T.J. Watson Research

Center in Yorktown Heights, New York.

Levi holds a BS in mathematics from Tel-Aviv University

and a PhD in operations research from Cornell University.

Mr. Roosevelt joined Tufts Health Plan in 1999 as senior vice

president and general counsel and held that position until

June 2005, when he became president and chief executive

officer. As the general counsel, he presided over the legal

department and the company’s compliance, privacy and

government relations functions.

Before joining Tufts Health Plan, Mr. Roosevelt was the

associate commissioner for Retirement Policy for the

Social Security Administration in Washington, D.C. He has

also served as chief legal counsel for the Massachusetts

Democratic Party and is co-chair of the Rules and By-laws

Committee of the Democratic National Committee. Mr.

Roosevelt spent 10 years as partner at Choate, Hall and

Stewart in Boston. He is past chairman of the board of

trustees for the Massachusetts Hospital Association, past

president of the American Health Lawyers Association and

past chairman of the board of trustees for Mount Auburn

Hospital. Currently, Mr. Roosevelt serves as chairman of

the board of directors for Massachusetts Association of

Health Plans, and as a member of the board of directors

at America’s Health Insurance Plans and the Kenneth

B. Schwartz Center. He is also co-chair of the board of

directors for the Tufts Health Care Institute. In November

2008, President-elect Barack Obama appointed Mr.

Roosevelt to his transition team to co-chair a review of the

Social Security Administration.

Mr. Roosevelt received his J.D. from Harvard Law

School and his A.B. with honors in government from

Harvard College. He has also completed the Advanced

Management Program at Harvard Business School.

James RooseveltPresident & CEO, Tufts Health Plan

3:00

pm —

4:00

pm

SA

LO

NS

FG

H

Moderator

American Red Cross www.REDCROSS.ORG

Association for Financial Professionals www.AFPONLINE.ORG

Avail-TVN www.TvN.COM

Bit9 www.BIT9.COM

Bloomberg www.BLOOMBERG.COM

Bruker Corporation www.BRUKER.COM

Cabot Corp www.CABOT-CORP.COM

CFO Journal www.wSj.COM/CFOjOURNAL

CFO Roundtable www.THECFOROUNDTABLE.COM

CloudSwitch www.CLOUDSwITCH.COM

Corporate Reimbursement Services www.CRSINC.COM

Credit Suisse www.CREDIT-SUISSE.COM

Demandware www.DEMANDwARE.COM

Dupont www.DUPONT.COM

EnterpriseDB www.ENTERPRISEDB.COM

Essex Partners www.ESSExPARTNERS.COM

FEI Boston Chapter www.FINANCIALExECUTIvES.ORG

FENG www.THEFENG.ORG

FMA of New Hampshire www.FMANH.ORG

Gannett www.GANNETT.COM

Gemvara www.GEMvARA.COM

General Electric www.GE.COM

Genuine Interactive www.GENUINEINTERACTIvE.COM

GT Advanced Technologies www.GTAT.COM

Hadapt www.HADAPT.COM

Hasbro www.HASBRO.COM

HR Knowledge www.HRKNOwLEDGE.COM

iRobot www.IROBOT.COM

KPMG www.KPMG.COM

McKinsey www.MCKINSEY.COM

Microline Surgical www.MICROLINESURGICAL.COM

MIT Sloan Alumni Club of Boston www.MITSACD.COM

MIT Sloan Executive Education ExECUTIvE.MIT.EDU

MIT Sloan School of Management MITSLOAN.MIT.EDU

Monderer Design www.MONDERER.COM

Nair & Co. www.NAIR-CO.COM

NetScout www.NETSCOUT.COM

NetSuite www.NETSUITE.COM

NextEra Energy www.NExTERAENERGY.COM

North Bridge Venture Partners www.NvBP.COM

Oracle www.ORACLE.COM

Robert Half International www.ROBERTHALF.COM

Silicon Valley Bank www.SvB.COM

Stanley Black & Decker www.STANLEYBLACKANDDECKER.COM

Suffolk Construction www.SUFFOLKCONSTRUCTION.COM

Sysco www.SYSCO.COM

T3 Advisors www.T3ADvISORS.COM

Tufts Health Plan www.TUFTSHEALTHPLAN.COM

Warner Communications www.wARNERPR.COM

ZipCar www.zIPCAR.COM

You can learn more about our speakers and sponsors by visiting their company’s websitesThe MIT Sloan Alumni Club of Boston thanks the following

partners for their support

of this conference:

Learn More

MAY 22, 2013 | 10TH ANNUAL MIT CIO SYMPOSIUM | MIT KRESGE AUDITORIUM

The 2013 MIT Sloan

CIO SymposiumIn one day… Engage and connect with global IT leaders. Explore the newest enterprise

technological innovations. Acquire actionable insight through leading academic research.

Become a part of the exclusive MIT Sloan CIO Community to empower your professional future:

50+ Speakers, 700+ IT executives, business leaders and members of academia. This is where the

future of IT happens.

The 2013 MIT Sloan CIO Symposium, the 10th in its series, is the premier international conference for

chief information officers to look beyond the day-to-day issues to focus on a spectrum of solutions

that are either already here or just over the horizon — ranging from Cloud Computing, Enterprise 3.0

and Internet of Things to the new CIO roles outside of the traditional corporate IT.

FOR MORE INFORMATIONVisit www.mitcio.com or contact Kathleen Tetrault ([email protected]).

MIT Sloan Alumni Club of Boston

139A Charles StreetBoston, MA 02114

program design: Monderer Design, Cambridge, MA

10th annual mit sloan cfo summit

Documents