DRAFT—September 2011 Issue
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FEI Canada Vancouver Chapter As the middle of February flies by, many of us are well into our year end routines. The lucky ones are finished. Auditors, IFRS financial statements, annual reports, and AIFs; all make this time of the year the busiest season for most accounting and financial professionals, so it’s easy to get wrapped up in work and not take a short break during the day... We’ve all read articles, taken courses, or had our
friends and relatives tell us that working through the day without a break
is not healthy. We do it anyway. We have deadlines to meet so we skip
lunch, work long hours, and miss our workouts. We all know that we feel
and work better when we take some time for ourselves. So here are a
few websites with some exercises and stress relievers that we can use
when we can’t get away from our desks:
Office Workout (http://exercise.about.com/cs/exerciseworkouts/l/
blofficeworkout.htm)
Office Exercises to Relieve Stress (http://www.livestrong.com/
article/330906-office-exercises-to-relieve-stress/)
Desk Yoga: Stretches You Can Do at Your Desk (http://life.gaiam.com/
video/desk-yoga-stress-relieving-back-stretches-do-your-chair)
Exercise at Your Desk (http://www.webmd.com/fitness-exercise/features/exercise-at-your-desk)
Relieve Stress While Sitting at Your Desk (http://www.workstressrelief.com/blog/relieve-stress-at-desk/) continued next page
February 2012 President’s Report
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Page 2
continued from previous page If none of these work for you, then you can always attend an FEI Canada event. Take a much needed break, meet with friends, and learn something new. We have two great events this month: On Wednesday, February 22 we have the next installment in the National
Breakfast Seminars, with an Ernst & Young giving update on the current credit markets in “Credit Market Barometer.” Everyone who attends will re-ceive a copy of E&Y’s report on their recent survey of financial executives.
Our next Chapter breakfast, “The future looks...uncertain? The importance
of understanding and managing emerging risks.” is being held on Tuesday, February 28. Lisa Dorian, President of Powell Dorian and current Vice Presi-dent of FEI Canada, will present an overview of selected global risks from the World Economic Forum’s Global Risks 2011 Sixth Edition.
So take a break and come out and join us. And mark your calendar for May 31, 2012. That’s the date of our 60
th Anniver-
sary celebration. Our events committee is working hard putting together an evening that looks back over the history of our Chapter. If you are interested in helping with the event please contact Doug Morison ([email protected]). FEIsters representative, Hugh Lindsay ([email protected]), is putting together a video retrospective and any pictures or anecdotes that you’d like to share with the rest of us are most welcome. More about this special event can be read later in this month’s issue.
Well my break time is over. See you at the next event.
Brad Bardua
President’s Report Continued
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Recently… Brad Bardua, CA – is now the CFO for Avigilon Corporation, which is a leader in the design, manufacturing, and marketing of high-definition, network-based video surveillance systems and equipment for the global security market. Brian Pettipas, CA, CBV – started his new job in January 2012 as CFO with CBV Collection Services Ltd, which provides consumer & commercial collec-tion services. He was formerly the CFO for Global Container Terminals. Suzara Andrade, CA – is presently working as the interim CFO for Carousel Ventures Ltd., which is a privately held property management and investment company. Colin Brown, CA – has recently left his position as CFO for Stormtech Performance Apparel Ltd. and is pursuing new endeavors. Richard Orazietti, CA – is the new Vice President, Internal Audit for Goldcorp Inc., which is one of the world’s fastest growing senior gold producers. He was previously the Vice President, Finance, Bell Residential Services for Bell Canada. Terry Krepiakevich, CA – has been newly appointed as a Board of Director for NovaCopper Inc., a subsidiary of NovaGold Resources Inc. Terry was formerly the CFO for SouthGobi Resources Limited and Extreme CCTV Inc.
Marco Faccone, CA – has recently left his position as Vice President, Finance
& Administration with ACM Advisors to take a personal break before pursuing
new endeavors.
Danley Yip
Members in the News
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Registration is now open for the 2012 FEI Canada Conference in St. John’s, Newfoundland from June 6
th to 8
th. So, if you are a new member, who has
joined FEI Canada over the past year, you have an opportunity to attend this event for FREE! Also, please remember that any new member, who joins in 2012 will have an opportunity to register for this Conference or choose to attend the 2013 Conference in Jasper, AB. Please check out the FEI Canada website for more details regarding the 2012 Conference and if you need more infor-mation, you can contact Rita Plaskett (Director of Events) at ph: (866) 677-3007. Some of the confirmed keynote speakers for the 2012 FEI Canada Conference include: General Rick Hillier, Former Chief of the Defence Staff for the Canadian Forces Robert P. Kelly, former Chairman & CEO, BNY Mellon and now Chancellor, St. Mary’s University Tom Jenkins, Executive Chairman & Chief Strategy Officer, OpenText Cor-poration as well as Chair of the Government of Canada’s Research and Devel-opment Review Panel Gordon Maron, Executive Vice President (former Chief Financial Officer), PCL Construction Holdings Ltd. Cynthia Devine, Chief Financial Officer, Tim Hortons Inc. Elizabeth Beale, President & Chief Executive Officer, Atlantic Provinces
Economic Council I want to remind all members again that you are entitled to invite a prospective FEI member to any of our events for free excluding the Annual Wine Pairing Dinner event and Annual Golf Tournament. The prospective FEI member must be in a senior finance role (e.g. CFO, VP, Finance, Director of Finance, Control-ler, Director of Internal Audit, Treasurer, Audit Committee member) and meet FEI Canada’s criteria for membership. So, please take the initiative to invite someone to an upcoming FEI event.
Membership Committee Report
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On Thursday January 19th, the Vancouver Chapter hosted an event at the Sutton Place Hotel featuring Alan Oishi, CEO of Shirlaws Canada, an international business coaching and consulting firm. Alan ex-plained in straightforward terms how company discussions around enhancing enterprise val-ue tend to focus on in-creasing profits. As a complementary effort, he cited many examples of companies which have intentionally allocated resources to building com-ponents that will be recognized (and given credit) by investors as “business” as-sets, with the result being a higher valuation multiple. These assets such as Tal-ent, Product Innovation and Scale-ability, while not traditionally 'monetized' in a formal balance sheet, are acknowledged as being factors that can significantly enhance revenue streams and drive long-term growth in profitability. A lively Q&A followed the formal presentation, with an emphasis on the relevance of the topic, given changes in markets and to business over the past few years. Many thanks to Alan and to SSU for putting on this informative presentation. (a copy of the presentation is available at https://portal.feicanada.org/page/chapters/vancouver/downloads)
Recent Events: January 2012
From Left: Alan Oishi, Shirlaws Canada; Doug Morison, Events
Director; Amyn Bhayani, Colliers International. photo credit -
Suzanne Bedford
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Cloud Computing Seminar On Thursday, February 2
nd, we hosted William (Bill) Dupley, the Chief Solution
Manager of HP Canada. Bill spoke about how Cloud Computing is the fastest growing IT technology to-day, though from a small base. 80% of new enterprise applications are now de-ployed on the cloud. He went further to explain why CFOs should have an open mind about adopting it. For example, it is often behind many websites that, while managed by the corporate IT department overall, are also an integrated component. From there, Bill argued that Cloud Computing’s real potential is not to replace the corporate IT department, but rather to be part of an overall strate-gy, with Cloud Computing components integrated with more traditional compo-nents. This could be done at a level that suits the organization’s own environ-ment and objectives. One example of Cloud Computing being deployed on this basis is the United States Department of Defense. Bill also argued that Cloud Computing must be championed by the CFO. The CFO is involved in the business at the highest level and is therefore arguably better positioned than IT to explain the benefits of Cloud Computing. These benefits include faster deployment and better service. Many arguments made by IT are invariably focused on cost cutting, and while noble, rarely rank among an organization’s top priorities in a way that faster deployment and service do. Bill was an engaging speaker, and combined with the above CFO specific mes-sages rather than the dry technical details, delivered a dynamic and interesting presentation.
Jeff Shickele
Recent Events: February 2012
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CIA Vancouver Control celebrates its 60th
Anniversary No, it’s not a clandestine section of the Central Intelligence Agency operating in Vancouver. It’s the original name of FEI Canada Vancouver Chapter. The Vancouver Control of the Controllers Institute of America was established on May 9, 1952, joining Hamilton, Quebec and Toronto as the fourth Canadian Chapter. In 1962, the organization was renamed Financial Executives Institute and in 1973 FEI Canada opened an office in Toronto. FEI changed its name again in 2000 and is now Financial Executives International. As FEI Canada Vancouver Chapter celebrates its 60
th Anniversary, we shall be
looking back at our origins and history, and recognizing the people and events that have contributed to the development of the chapter. On May 31, we shall be holding an anniversary party at the Terminal City Club, the venue of chapter meetings for many years. The club building is new since the chapter be-gan meeting there in the 1950s, but the spirit is the same. If you have any photos, documents or anecdotes that you’d like to contribute to articles in the newsletter or a display at the anniversary party, please contact me, Hugh Lindsay: [email protected] or 604-732-0366. I can take notes and do the writing if you just want to chat and reminisce.
Hugh Lindsay
Special Events: CIA Anniversary
Judges / Coaches Wanted! The Beedie School of Business at Simon Fraser University is sending two teams to the Haskayne 24 hour Case Competition at the University of Alberta (http://www.ucalgary.ca/events/node/7815) at the beginning of March. They are looking for a three people to act as judges and coaches during a simulation. The practice run will take place from 10:30am to noon on Saturday, March 3, 2012 at the Segal Graduate School on Granville. Two teams of four will present for a total of thirty minutes each (sixteen minute presentation, fourteen minutes Q and A). The judges / coaches will evaluate the presentations and provide the teams with advice and feedback. If you are interested, please contact Brad Bardua at [email protected] or 604-551-7785.
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Jeff Shickele
Upcoming Events
Date Time Detail Location
Wednesday February
22nd, 2012
Registration and Net-working:
7:30 Presentation:
8:00
Credit Availability Barometer
National Sponsor, E&Y
Four Seasons Hotel (Chartwell
Room) 791 West Georgia
Street
Tuesday February
28th, 2012
Registration and Net-working:
7:30 Presentation:
8:00
The Future Looks … Uncertain? The Importance
of Understanding and Managing Emerging Risks
Lisa Dorian President of PowellDorian
Sutton Place Hotel
845 Burrard Street
Thursday March 8th,
2012
Registration and Net-working:
11:30 Presentation:
noon
How to be CFO of the Year, but be sure you
really want it Tom Gunn
Sutton Place Hotel
845 Burrard Street
Thursday March 29th,
2012
Registration and Net-working:
7:30 Presentation:
8:00
Disaster Planning Chapter Sponsor : Aon
TBA
Thursday April 19th,
2012
TBA TBA TBA
Thursday May 10th,
2012
Dinner Chapter Sponsor: Ryan
Tax Service TBA
Thursday May 31, 2012
5:30 pm—8:00pm
CIA Vancouver Control 60th Anniversary (FEI
Canada Vancouver Chapter)_
Terminal City Club 837 West Hastings St
DRAFT—September 2011 Issue
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Aon Reed Stenhouse
Chapter Supporters
Should you be interested in sponsorship or have a recommendation for us to
follow up on, please contact Fabiana Chubbs by e-mail at: [email protected] or by telephone: 604-601-6654
FEI Vancouver Salutes our Sponsors and Supporters
DRAFT—September 2011 Issue
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November 2011
2011-2012 Chapter Board of
Directors
Brad Bardua Chief Financial Officer, Avigilon Corporation 4th Floor, 858 Beatty Street Vancouver, BC V6B 1C1 Canada
T: 604-629-5182 ext 2188 F: E: [email protected]
President
Angela Yap CFO, Quorum Management and Adminis-trative Services In. CFO of Cream Minerals Limited
T: 604-646-5892 F: E: [email protected]
Vice President
Issa Nakhleh CFO, Heartforce Medical Inc. Suite 305 - 1818 Cornwall Avenue, Vancouver, V6J 1C7
T: 604-566-8206 F: E: [email protected]
Secretary
Alan Wong Chartered Accountant 2885 W 32nd Ave, Vancouver V6L 2B5
T: 778-772-6511 F:
Treasurer
Brad Cruickshank Chief Financial Officer, Dueck GM 400 SE Marine Drive, Vancouver, BC V5X4X2
T: 604-326-7225 F: 604-324-4414 E: [email protected]
Past President
Hugh Lindsay President, FMG Financial Mentors Group Inc. 2831 W 19th Avenue, Vancouver V6L 1E4
T: 604-732-0366 F: E: [email protected]
FEIsters Chair
Danley Yip Division Director Robert Half Management Resources 724 – 1055 Dunsmuir St, Vancouver V7X 1L4
T: 604-688-6393 F: 604-687-7533 E: [email protected]
Membership Committee Chair
Robert Hibberd President AIS Advanced Inventory Services Ltd. 303 - 1450 Burnaby Street, Vancouver V6G 1W7
T: 604-602-9383 F: 800-215-6645 E: [email protected]
Membership Committee Director
Fabiana Chubbs CFO, Eldorado Gold Corporation 1188 - 550 Burrard Street, Vancouver V6C 2B5
T: 604-601-6654 F: E: [email protected]
Sponsorship Committee Chair
Roger Bissoondatt Chief Financial Officer BC Liquor Distribution Branch 2625 Rupert St, Vancouver V5M 3T5
T: 604-252-3151 F: E: [email protected]
Sponsorship Committee Director
Jeff Shickele Vice President Accounting Amacon Group 300 – 911 Homer St, Vancouver, BC V6B 2W6
T: 604-602-7735 F: E: [email protected]
Events Committee Chair
Marco Faccone T: F: E:
Events Committee Director
Doug King Chief Financial Officer Fenix Energy #1290 - 1500 West Georgia, Vancouver, BC V6G 2Z6
T: 604-684-7241 ext 321 F: 604-684-7264
Events Committee Director
Doug Morison Principal, The CFO Centre 1055 West Hastings Street, Vancouver BC
T: 778-378-0437 F: E: [email protected]
Events Committee Director
Cheryl Yaremko Chief Accounting Officer, British Columbia Hydro & Power Authority 333 Dunsmuir Street, 11th Floor, Vancouver V6B 5R3
T: 604-623-4110 F: E: [email protected]
Events Committee Director
Donna Denham Support Services Unlimited 102 – 211 Columbia Street, Vancouver, BC V6A 2R5
T: 604-681-0295 F: 604-681-4545 E: [email protected]
Chapter Administrator
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