F A L L D A Y O F T E C H N I C A L

D I S C U S S I O N S

2 0 1 5

NACT

CHICAGO • NOV 11-12, 2015

2 2015 NACT FALL DAY OF TECHNICAL DISCUSSIONS

2 0 1 5 C ON F E R E NC E H I GH L I GH T S

CHICAGO • NOV 11-12, 2015

NOVEMBER 11, 2015OPENING RECEPTION WITH NACT CORPORATE SPONSORSIf your travel schedule allows, please join us for hors d’oeuvres, cocktails, and networking with representatives from our valued Corporate Sponsor companies.

NOVEMBER 12, 2015“VEGAS RULES” OPEN FORUMNACT’s most popular session! What YOU want to discuss: Gain insight – in a confidential setting – into how your peers have solved problems currently facing your organization.

LUNCHEON SPEAKERSimon Lack, CFAManaging Partner & Author of The Hedge Fund Mirage: The Illusion of Big Money and Why It’s Too Good to Be TrueSL Advisors, LLC

GENERAL SESSIONSPERSPECTIVES ON MANAGING RETIREMENT PLANSSpeakers:Michael R. WilliamsVice President & TreasurerOrbital ATK, Inc.

Towers Watson Benefits Consulting Practice

CAPITAL MARKETS & ECONOMIC UPDATESpeaker: James C. Liu, CFAExecutive Director, Global Market StrategistJ.P. Morgan Funds

3

CONFERENCE AGENDAWEDNESDAY, NOVEMBER 11, 2015

6:30-8:30 pm Opening Reception with NACT Corporate Sponsors As you arrive in Chicago, please join us for an evening network-

ing reception with representatives from our valued corporate sponsor companies.

THURSDAY, NOVEMBER 12, 2015

8:00 – 8:30 am Registration and Continental Breakfast

8:30 – 10:15 am “Vegas Rules” Open Forum

MODERATORS Peter Sereda Senior Vice President and Treasurer Telephone and Data Systems, Inc. Ruud Roggekamp Assistant Treasurer, Corporate Finance and Banking The Boeing Company

A time for treasurers to choose the topics and issues for an open and candid discussion – an important, confidential exchange that is a traditional part of every NACT conference, where the focus is always on “Treasurers Talking to Treasurers.”

10:15 – 10:30 am Morning Refreshment Break

10:30 – 11:45 am Open Forum (Continued)

11:45 – 12:00 noon Break

12:00 – 1:30 pm Lunch with Guest Speaker Simon Lack, CFA Managing Partner, SL Advisors, LLC Author of The Hedge Fund Mirage: The Illusion of Big Money

and Why It’s Too Good to Be True

SPEAKER BIOGRAPHY Following 23 years with JPMorgan, Simon Lack founded SL

Advisors, LLC, in 2009. Much of Simon Lack’s career with JPMorgan was spent in North American Fixed Income Derivatives and Forward FX trading, a business that he ran successfully through several bank mergers ultimately overseeing 50 profes-sionals and $300 million in annual revenues. Simon Lack sat on JPMorgan’s investment committee allocating over $1 billion to hedge fund managers and founded the JPMorgan Incubator Funds, two private equity vehicles that took economic stakes in

4 2015 NACT FALL DAY OF TECHNICAL DISCUSSIONS

emerging hedge fund managers. Simon chairs the Investment Committee for Wardlaw-Hartridge School in Edison, NJ, and also chairs the Memorial Endowment Trust Investment Committee of St. Paul’s Episcopal Church in Westfield, NJ. He is the author of The Hedge Fund Mirage: The Illusion of Big Money and Why It’s Too Good to Be True, published in 2012 to widespread praise from mainstream financial press including The Economist, Financial Times and Wall Street Journal, and Bonds Are Not Forever: The Crisis Facing Fixed Income Investors (September 2013). Simon is a CFA Charterholder and Vice-Chair of the New York Society of Security Analysts’ Market Integrity Committee, and makes regular appearances on cable TV business shows discussing hedge funds and investing. Simon is also Portfolio Manager for the Catalyst MLP and Infrastructure Fund.

1:30 – 1:45 pm Break

1:45 - 3:15 pm Perspectives on Managing Retirement Plans

SPEAKERS Michael R. Williams Vice President & Treasurer Orbital ATK, Inc.

Towers Watson Benefits Consulting Practice

What is the Treasurer’s role in managing the company’s retirement plans? Two of our NACT members will share their experiences with recent changes they made to their retirement plans. They will be joined by Towers Watson to provide their insight on Corporate Treasury’s role in the area of retirement plan manage-ment. This panel will also discuss the results of the NACT membership survey on this topic.

3:15 – 3:30 pm Refreshment Break

3:30 – 5:00 pm Capital Markets & Economic Update

SPEAKER James C. Liu, CFA Executive Director, Global Market Strategist J.P. Morgan Funds

James Liu, global market strategist with JPMorgan Asset Management, will be discussing the economic and financial market landscape in the U.S. and around the world. He will be referencing the Guide to the Markets, a monthly publication that provides clarity and perspective in uncertain times.

5:00 – 5:30 pm Closing Reception

5

MEETING CHAIRPeter L. Sereda, Senior Vice President-Finance & Treasurer, Telephone and Data Sys-tems, Inc.

HOTEL INFORMATIONThe 2015 NACT Fall Day of Technical Discussions will be held on Thursday, November 12th, at the Hyatt Regency O’Hare, 9300 W. Bryn Mawr Avenue, Rosemont, IL 60018. The hotel is conveniently located 10 minutes from Chicago’s O’Hare International Airport.

A block of rooms has been reserved for conference participants at the special rate of $199 per night for a single, king guest room. Please make your room reservations di-rectly with Hyatt Regency O’Hare by calling 847.696.1234 or 800.233.1234. Please be sure to identify yourself as attending the NACT meeting when speaking with a reser-vations agent. The cutoff date to receive the NACT room rate is October 13, 2015.

REGISTRATION INFORMATIONRegistration is open to member and non-member treasurers. The conference registra-tion fee includes meeting attendance, workshop/conference materials, lunch, and the opening/closing receptions. Special Note: Attending treasurers may also bring mem-bers of their staff to this meeting at the member rate.

MEETING REGISTRATION FEESNACT Member $600.00Non-Member $850.00*

* If you are not currently a member of the NACT and are eligible for membership at the time of registration, your conference registration fee also includes membership in the NACT, effective from the date of registration through June 30, 2016. Qualified applicants must perform all or a substantial part of the duties of corporate treasurership in their companies.

CANCELLATION POLICYCancellation of your meeting registration must be made in writing. Registration cancellations received at NACT headquarters office on or before October 15th will be entitled to a full refund. Registration cancellations received after October 15th are nonrefundable.

6 2015 NACT FALL DAY OF TECHNICAL DISCUSSIONS

NACT BOARD OF DIRECTORS (JULY 2015-JUNE 2016)

The NACT Board is comprised of member treasurers and acts in the best interests of the membership. All Board members are accessible to the NACT membership and feedback is welcomed on all NACT topics. In recent months, the Board has approved two advocacy positions urging restraint on proposed regulations for the money market fund industry and OTC Derivatives, and Board Executive Committee Officers have participated on Washington task forces to further this message. The NACT Immediate Past Chairman also represents the organization at the Annual Conference of the International Group of Treasury Associations, a global forum to share information on issues that impact the treasury and finance professions.

CHAIRMANRamon Yi Senior Director, TreasuryPort of Houston Authority

PRESIDENT Mary Dean HallVice President & TreasurerEastman Chemical Company

EXECUTIVE VICE PRESIDENT Joseph C. SullivanVice President & TreasurerAirgas, Inc.

SECRETARY/TREASURERRuud RoggekampAssistant Treasurer, Corporate Finance & BankingThe Boeing Company

IMMEDIATE PAST CHAIRMANThomas C. Deas, Jr. Vice President & TreasurerFMC Corporation

BOARD MEMBERSNicholas BijurVice President & TreasurerPacific Gas & Electric Corporation

J. Gregory CoffeyVice President & TreasurerSally Beauty Holdings, Inc.

Donald CookVice President & TreasurerHanesbrands Inc.

Bradley FoxVice President & TreasurerSafeway Inc.

Allen A. GellerExecutive Vice President & TreasurerRaines International, Inc.

Michael A. HajostVice President, Investor Relations & TreasurerCarpenter Technology Corporation

Gerard A. Halpin, IIIPresident & Chief Executive OfficerSiemens Capital Company LLC

Kimberly A. Hunter Corporate Treasurer Richard LaidermanManaging DirectorPromontory Financial Group, LLC

Karen N. LathamCorporate Treasurer

Robert T. MarleyAssistant TreasurerEnersys

Colleen O’ConnorVice President & TreasurerThe Duchossois Group, Inc.

Mark W. PetersonCorporate Treasurer

Susan PlotzkyTreasurerBlyth, Inc.

William M. RiggerAssistant TreasurerTowers Watson

Peter L. SeredaSenior Vice President of Finance & TreasurerTelephone & Data Systems, Inc.

Rosa C. StrohVice President & TreasurerThe Hershey Company

Thomas WatersVice President, Treasury & Investor RelationsArmstrong World Industries, Inc.

Michael R. WilliamsSenior Vice President & TreasurerOrbital Sciences Corporation

Kevin WilsonVice President & TreasurerIngredion Incorporated

7

REGISTRATION FORMNACT 2015 FALL DAY OF TECHNICAL DISCUSSIONSNovember 11–12, 2015Hyatt Regency O’Hare – Rosemont, Illinois

Mail or fax to: National Association of Corporate Treasurers12100 Sunset Hills Road, Suite 130Reston, Virginia 20190

If paying by credit card, you may fax this form to NACT at 703-435-4390.

Name

Badge Name (first name/nickname)

Title

Company

Address

City State Zip Code

Telephone Fax

Email

For planning purposes, please identify the events you are likely to attend:

Opening Networking Reception with Corporate Sponsors (November 11) m Yes m No

Closing Reception (November 12) m Yes m No

PAYMENT

m Check Enclosed for: m NACT Member $600

m Non-Member $850

m Charge my registration of $ to: m Visa m MasterCard m AmEx

Name on Card

Card# Expiration Date

Signature

CORPORATE SPONSORSThe National Association of Corporate Treasurers gratefully acknowledges the following companies for providing corporate support to assist us in achieving greater education and communication among our members:

NATIONAL ASSOCIATION OF CORPORATE TREASURERS12100 Sunset Hills Rd., Suite 130, Reston, VA 20190

Tel 703.437.4377 • Fax 703.435.4390 • www.nact.org