OFFICERS and DIRECTORS
2006-2007 President’s Message
Dear FEI Detroit Members;
PME Companies As always seems to be the case, the New Year has started off
SECRETARY quickly and January has come and gone. I hope 2007 has
Jan P. Lower started off well for you both in business and personally. Our
Blue Line FoodService January meeting was well attended, with Julie Garella of
Distribution Citigroup Capital Strategies speaking on the topic of Exit
TREASURER Strategy Alternatives. Her insight and knowledge of the market
Kevin J. Dunivin made for a great and lively presentation.
Richard P. Blotner
Your Board and Committees have been busy with some new
Oracle Corporation initiatives and programs for the Chapter. Bruce Greening and
Sally Brandtneris Sally Brandtneris from the Membership Committee spoke about
JC Jones & Associates, LLC the current promotion to attract new members. The National
Thomas J. Butler Mark Rusch office of the FEI has extended their offer through the end of
Greenpath, Inc. President February to waive the initiation fee for new members. In
Robert M. Carrigan, Jr. addition, the Detroit Chapter will waive the local dues for the
Bay Colony Equity Partners balance of the year.
Bruce C. Greening The FEI is also waiving the registration fee for the National
Smith Barney, Inc. Summit scheduled for May 20 -22 in Boston, for all new
Eugene Swinnerton members who join FEI between July 1, 2006 and April 22,
University of Detroit Mercy 2007. The National Summit is a great way to experience the
Carolyn Walton full value of your FEI membership. Please use this opportunity
Blue Cross Blue Shield of to personally extend an invite to a potential member you know.
Thomas G. Wolfe The FEI Detroit Chapter, along with Crain’s Detroit Business
and Marsh USA, is sponsoring the first ever CFO awards in
John G. Zimmerman
Consultant Southeast Michigan. Winners will be recognized at a May 17
ADVISORY COMMITTEE dinner and featured in the May 28 issue of Crain’s Detroit
Richard S. Abbey Business. Nomination forms are available online at
Consultant www.crainsdetroit.com and must be received by March 2, 2007.
John D. Bohrer We hope to see many of our own FEI members included in the
Bio-Serv Corporation nomination process.
Leonard B. Carleton
Community Choice Credit Please mark you calendars for the upcoming Professional
Development sessions in March with Deloitte and April with
John H. Clough
KenSa, LLC Robert Half. The sessions start at 5pm, one hour before the
Suzanne H. Gilbert general membership meeting. Details will be announced as we
Consultant get closer to those dates.
Robert R. Scherba
Williams International As always, I encourage anyone who would like to be involved
James A. Steel at the Chapter level to contact myself or any Board or
Flint Ink Corporation Committee Member. It’s a great way to extend the value of
Gregory W. Ulferts your FEI membership and make your FEI experience more
University of Detroit Mercy
Neil C. Wester
I look forward to seeing all of you at the February 26 meeting at
Upcoming Events of Note
Monday, February 26, 2007 - DAC
Executive Vice President and Chief Information Officer
Monday, March 26, 2007 – DAC
Deloitte & Touche LLP will present a session on Electronic Discovery in
Today's Litigation Environment
Monday, April 23, 2007 – DAC
Robert Half will present a session on " Retaining and Motivating Employees"
Key Club Members Honored
The Chapter Board is in the process of filling the
Officer and Committee positions for the
2007/2008 year. If you are interested in becoming
more involved in the Chapter, and would be
interested in serving the chapter in one of these
positions, please contact any Officer or Board
Member. Serving on a Committee increases your
involvement in the Chapter, and is a very
rewarding experience. Jim Steel
Chair, Nominating Committee
Congratulations to Stephanie Bergeron on her appointment to be President of Walsh College. We all wish you well in
this new position.
The next meeting of the Career Services Committee will be Thursday, February 15, 2007 from 4:30 p.m. to 6:00 p.m.
at the Oracle Corp. offices at 3290 West Big Beaver Road, Suite 300, in Troy (N. of Big Beaver and W. of Coolidge).
If you are in active search mode or just considering some options, please join us. If you know someone who might be
a good candidate for FEI membership and needs some help with a career transition, please invite them to attend. If
you would like to be added to our e-mail list of new opportunities,
please come to the meeting and bring a copy of your resume.
You have valuable experience that can help someone else who is in
need of your network and knowledge. Please join us even if you are
not in active search mode.
For more information, call Pat Zurlinden at 248-740-7152
FEI Detroit John Beran
Undergraduate Awards Night Presents
UNDERGRADUATE AWARDS NIGHT
University of Detroit Mercy
University of Michigan – Dearborn Detroit Chapter
Aaron Rice Hosts
Wayne State University
Eastern Michigan University
Michigan State University
Harry Wang John Beran
University of Michigan – Flint Executive Vice President and Chief Information Officer
Kristin Reardon Comerica Incorporated
The Academic Relations Committee congratulates
these students on their academic successes and Please join us on
look forward to their graduation.
Monday, February 26, 2007
Detroit Athletic Club
Membership Committee size criteria. Academic: Only educators with the
academic rank of dean, assistant dean, professor or
associate professor are eligible.
We know that new members are the source of new
ideas and relationships from which we can all derive Typical titles: CFO, Controller, Assistant Controller,
benefits. Our Chapter is actively seeking top financial Treasurer, Assistant Treasurer, VP-Finance, General
executives who play a vital role in ensuring the success Auditor, VP-Investor Relations, VP-Planning and
of their company and can benefit from participation in Analysis, VP-Pension Fund Investments, VP-Taxes,
FEI. In order to encourage growth in our Chapter, your Director of Taxes or Treasury or Accounting or Finance,
Board of Directors, in concert with our National FEI, has Chief Accounting Officer, Member - Audit Committee.
approved a membership incentive package to There is a discretionary application for those outside
encourage prospective members to join during the the above parameters.
months of January and February, 2006. The Board has
waived the local Detroit Chapter dues, a $185 value, for If you know someone that may qualify for membership,
the balance of the 2006-2007 year. In addition, why not tell them about FEI and invite them to the next
National has agreed to waive the $250 initiation fee dinner meeting? The dinner is free for the guest, and it
during this recruiting campaign. is an opportunity to meet our members and experience
one of monthly meetings.
In addition, any U.S. member who joins FEI between
This is the time to recruit a new member!
July 1, 2006 to April 22, 2007 is eligible to attend
FEI's Summit for FREE! The Summit is being held
WHEN YOU JOIN TODAY!
May 20 - 22, 2007 in Boston. A $995 savings!
($250 National Initiation Fee plus $185 Detroit
Many of us come into contact with other financial Chapter dues plus free registration for FEI's
executives, but may be reluctant to mention FEI Summit May 20 - 22, 2007 in Boston.)
because we are unsure of the requirements for
membership. To qualify, FEI members must hold an Should you have any questions or would like us to
eligible position and be employed by a company which contact a prospective new member, please contact us:
meets one of these criteria:
$5 million in net worth, or
$15 million in capital (combined net worth &
long-term debt), or
$20 million in operating expense.
Banking institutions must have $500 million in
Government corporations/authorities must have
$100 million total assets.
The Chief Financial Officer of any SEC-registered 248-740-7142
company is eligible for membership regardless of
Assistant Financial Executive: Requirement is 4x the
criterion for financial executive. Subsidiary or
Division: Requirement is the same criterion as parent
company. Senior Specialist: Applicant must be
employed by a company with $1 billion in revenues or
$250 million of employee benefit investments under
management, or a banking institution with $20 billion in SBrandtneris@jcjones.com
assets. Audit Committee Member: Applicant must 734-625-3838
serve on Audit Committee of a company that meets FEI
Crain's seeks top CFOs for awards
CFOs have taken on new responsibilities as Sarbanes-
Oxley has made transparency a corporate mandate and
finance chiefs have become core to strategic planning;
but recognition has been slow to come. We want to give
them their props.
Crain's is seeking nominations for its first-ever CFO
Awards. Winners will be recognized at a May 17
dinner and featured in the May 28 issue.
To be eligible, nominees must be CFOs, or hold an
equivalent job, who have displayed excellence in
financial or other corporate operational management.
Nominees will be considered for the following categories: public companies, private
companies and nonprofits; as well as a community service category that recognizes CFOs or
treasurers whose leadership has led to significant financial or organizational improvement for
To nominate someone, click here to access our online nomination form. Nominations must
be received by March 2.
Presenting sponsor of the event is Marsh. Clark Hill plc, Interior Dynamics, Financial
Executives International and the Michigan Association of CPAs are also sponsoring the
To contact Crain's Detroit Business
Crain's Detroit Business
1155 Gratiot Ave.
Detroit, MI 48207-2997
Customer service department (print): 888-909-9111
Private Company Finance Executives - You represent half of FEI’s membership and have unique issues and demands.
You must be an expert in many corporate disciplines - HR, technology, and international issues. This day-and-a-half
executive seminar addresses the diverse information needs of the private company financial executive. Topics include:
Strategies for Delivering Long-Term Growth
Cost Accounting Solutions â€“ the Pros and Cons
Emotional Intelligence â€“ A Different Kind of Smart
Turning Diversity into a Competitive Advantage
Risk Management: HR Missteps that can Turn into Litigation
New Regulations Coming Your Way
Plan to be there!
FEI’s Annual Summit is built upon the principles of networking and knowledge for financial executives - this
engaging program will deliver these values to you. The Summit2007 promises to address emerging issues
and best practices, focusing on topics of critical concern such as technology, leadership, corporate
governance, financial reporting and corporate espionage.
This year we are again pleased to host unparalleled speakers, highlighted by:
Sharon L. Allen
Doris Kearns Goodwin Chairman of the Board
Presidential Deloitte & Touche USA
Turned FBI Instructor
We invite you to listen to these real-life examples of processes and strategies that have been effectively
implemented, and take back life lessons to be applied to your best practices. MARK YOUR CALENDAR!
Executive Vice President, Comerica Incorporated
DATE: Monday, February 26, 2007
PLACE: Detroit Athletic Club
TIME: 6:00 p.m. Networking and refreshments
6:45 p.m. Dinner
7:30 p.m. Presentation
John Beran is Executive Vice President and Chief Information Officer for Comerica Incorporated. He also is a member of
Comerica's Management Policy Committee and Management Council, as well as the Comerica Bank Board of Directors.
Beran is responsible for the operations and technology of Comerica's Service Company on a national basis including
Information Services, Operations Services, Commercial Loan Operations, Electronic Services, Technology Planning, the
Project Services Group, Operations Risk Management, Emerging Technology and Payment Services and Real Estate and
He has over 30 years of experience in the field of information systems management, marketing and electronic banking.
He joined Comerica in April 1995 after serving as President and Chief Executive Officer of Money Access Service. He
previously served jointly as Senior Vice President of Society Corporation's Electronic Payment Services Group and as
Chairman and Chief Executive Officer of Green Machine Network Corporation. John also served as Executive Vice
President of BancSystems Association prior to its sale to EDS in 1989.
Among his professional affiliations, Beran is a member of the University of Dayton School of Engineering Advisory
Council, Birmingham Education Foundation Board of Trustees, The Clearing House Steering Committee, the Banking
Industry Technology Secretariat Executive Committee, the BAI Board of Directors, Unisys Financial Services Board of
Advisors and the Financial Services Roundtable. He previously served as a member of MasterCard's Maestro Board of
Directors, a Director of VISA's Plus System ATM network, the WTVS Channel 56 (PBS) Board of Directors and the
Michigan Virtual University Board of Directors.
He holds a bachelor of industrial and systems engineering and a master's in management science from the University of
Enroll on the Internet site (www.fei.org/chapter/Detroit), by phone, e-mail or by faxing the RSVP form below to:
Steve Schmith phone: (248) 722-9006
FEI Detroit fax: (313) 566-0243
( ) I plan to attend. Your name: ____________________________________
Chicken Entrée ( ) Fish Entrée ( )
( ) I will have the following guests:
Company name: ____________________________________
Chicken Entrée ( ) Fish Entrée ( )
Please respond by February 19, 2007
A Special Thanks to Our Sponsors
Deloitte & Touche LLP