DRAFT President’s Report November 2016 Iwanttothankallofourboardmembersand volunteerswhohelporganizeanddeliverchapter contenttoyou.Asalways,weencourageeveryone toconsidervolunteeringbyjoiningourboard, assistingononeofourcommitteesorotherwise providingfeedback.Ithinkithasbeen demonstratedconsistentlythatthemoreinvolved anindividualisintheirchapter,thegreaterarethe rewardsofmembership. IamlookingforwardtoanexceptionalyearwithFEI andconnectingwithyouthroughouttheyear. Thankyou. DearFellowFEICanadaMembers: WelcomebacktoanotherexcitingyearwithFEI Canada. Ournationalmottois“leadershipbeyondfinance”a centralthemewhichyourBCchapteristakingto hearttoensurethatourmembershipiswell equippedtoprovideleadershipfromafinancial perspective.Ourgoalistoprovideessentialand criticalcontentbalancedwiththesocialand networkingopportunitiesthatcreateoverallvalue forourmembership.Wewelcomeandappreciate allyourfeedbackandsupportwhichhelpsour boardtoensurethatyourmembershipexperience meetswithyourexpectations. Nextyear’sannualconferencewillbeheldin Whistlerandweasachapterhaveatremendous opportunitytotakepartinanexceptionalvarietyof programmingwithtopnotchspeakers,interactwith otherchaptersandexpandourlocalmembership base.IencourageallofyoutosavethedateJune 14-16,2017forthisyear’sconference.Additionally, theconferenceprovidesagreatopportunityforour chaptertoexpanditsmembershipbasewithallnew membersthisyearreceivingacomplimentary attendancetoconference,anapproximate$1,400 value.Weencourageallmemberstoreachoutto theirpeerswhowouldbenefitfrommembership andinvitethemtoaneventwherewecanoutline theFEICanadavalueproposition. November2016 Timm Kukler Page1 DRAFT Membership Committee Report • Abigwelcometoourlong-timemembersandtoour newmembers,whohavejoineduprecently!It’s beenagreatstarttoanewyearbeginningin SeptemberwithawidearrayofVancouverChapter eventsandawholehostofnewFEICanada membersjoiningup. TheFEICanadaVancouverChaptermembership currentlystandsat192members,whileourFEI Canadamembershipstandsat1,524membersasat October31,2016.Areviewofmember demographicsshowsthatthelargestagegroup amongcurrentmembershipisthe50–59agegroup at31.9%andthelowestisthe30to39agegroupat 5.7%.Therearehugechallengesandopportunities forustoincreaseourmembershipamongtheGenX andespeciallytheGenYseniorfinance professionals.AtarecentFEIMembership& MarketingCommitteemeeting,therewasalotof discussionaboutreducingtheaveragememberage of57.3-yearmarkandincorporatinganumberof newinitiativestoattractyoungermembers.There arealsoplanstoensurethatweachievegreater membershipretentionamongourcurrent members. Someofthenewstrategiesincludethefollowing: • Coffee/lunchmeetingswithprospectiveFEI Canadamembers&FEICanadaBoard members • A“MemberBuddy”programfornewerFEI Canadamembers. • A“Meet&Greet”programatallFEICanada ChaptereventsfornewerFEICanada members. • “RiskyBusiness”–trackingandreachingout tocurrentFEImembers,whoarenot attendingoureventsonaregularbasis. • ProspectiveMemberTrackingProgram– trackingprospectiveFEICanadamembersto November2016 ensuretimelyandperiodicfollow-upon theirinterestinjoiningFEICanada. At this time, I want to welcome our newest FEI Canada members, who have joined in the last 4 months: • LaurelCampbell–VicePresident,Corporate ServicesatOldsCollege • VolodyaGusak–CFOatPCUrbanProperties Corp. • AnnaKristensen–DirectorofFinanceat MillerTiterle&Company • VictoriaMcComas–Director,Finance,HR& Operations,M&PMercurySalesLtd. • DianeRapatz–VicePresidentatWestbank ProjectsCorp. • GlenShipp–RetiredMembertransferred intoVancouverChapter Memberswhohavereinstatedtheir memberships: • MeryleCorbett–CFO&DirectorofFinance atKFAerospace • JohnHanbury–CorporateTreasureratCHC GroupLtd. TakecareandseeyouatanupcomingFEICanada event! Danley Yip Page2 DRAFT Members In the News DavidSmith,CPA(California),IC.D–wasappointed earlierin2016asaBoardDirector&Chairofthe AuditCommitteeforDominionDiamond Corporation,whichisaCanadiandiamondmining companythathasanownershipinterestof2major producingdiamondminesintheNorthwest Territories.DavidwaspreviouslytheEVP&CFOfor FinningInternationalandhasbeenaCFOforBallard PowerandFraserRiverPile&Dredged(GP)Inc.as wellastheRegionalCFO,VP,BusinessDevelopment andVP,CorporateRelationsforPlacerDome. JeffBoomer,MBA,CFA–isnowaConsultantfor B&SHoldingsLtd.,whichisacompanythatprovides assistancetoitsclientsinawiderangeoffinancial andstrategicmatters.JeffwaspreviouslytheCFO forEarlsKitchen+Bar,aManagingDirectorfor FioreCapitalCorporationandtheEVP&CFOforthe VancouverWhitecaps. BradCruickshank,CPA,CMA–wasappointedthe CFOforTranscanLeasingCorporationinJuly2016. BradwasformerlyanEVPandCFOforHub InternationalaswellastheCFOfortheDueckAuto Group.HehasalsobeentheFEIVancouver ChapterPresidentandcurrentlyistheVice Chair/TreasurerfortheTapestryFoundation,which managesfundsandprojectstoraisefundsand awarenessforMtStJoseph'sHospital,and7 seniorscentersinMetroVancouver. Ifyouhaveanynewstoshareaboutanewjob,aBoardappointment oranoutstandingachievement,pleasesendmeanemailat [email protected] Danley Yip WaheedHirji,CPA,CA,CISA–isnowtheChief OperatingOfficerforPeoplesTrusteffective October2016.PeoplesTrustisaboutiquefinancial servicescompanyservicingtheCanadian marketplaceforover30years.Hewaspreviously theCOOandCFOforProsperaCreditUnionaawell asaDirector,StrategicPlanning&AnalysisforCIBC WealthManagement. November2016 Page3 DRAFT FEIsters & Career Transition Career Transition FEIsters FEICanadaVancouverChapterwelcomesanewly retiredmemberfromtheTorontoChapterwho recentlymovedtotheVancouverarea. GlenShipphasanaHonours BachelorofCommercefrom Queen’s(1973),articledwith Ernst&Ernst(nowKPMG)in TorontoandreceivedhisCAin 1975.Hewentintoindustryin 1978astheControllerofalarge nationalelectricalwholesaler,thenmovedto Numeris(thenBBMCanada)andspent23years withthemretiringasEVP&CFOthispast summer.Healsospentthreeyearsasthenational CFOofVONCanada,anationalhealthcareNPO& charitybetween2001and2004.Hehasspent significanttimeonvolunteerboardsrangingfrom UnitedWay,Children’sAidandalargeschoolbased daycareorganizationknownasPLASP.Herecently movedtoMapleRidgeandiscurrentlythe Treasurerofthestratainwhichhelives Areyouin,orcontemplating,acareertransition— workingasacontractCFO,consultantorotherwise self-employed? AkeybenefitofFEICanadamembershipisthe opportunitytonetworkwithothermemberswith similarinterests—atmeetings,CFOroundtables, socialeventsandasfriends. Thechapterboardrecentlyapprovedaninitiativeto supportandencouragenetworkingamong membersintransitionandtheothercategories mentionedabove. Thewayinwhichthiswillbedonewilldependon theinterestandpreferencesoftheparticipants.It wouldprobablybeginwithameetingatwhich memberswhohavebeenthroughcareer transitions-—includingperiodsofcontractwork— wouldsharetheirexperiences,followedbya discussionofopportunitiesfordevelopingand participatinginaprofessionalsupportnetwork. Ihavehadpersonalexperienceofanearlier initiativeofthiskindandcanstronglyrecommend it. We’dliketostartbyfindingoutthelevelofinterest inthisidea. Ifyouareinterestedinlearningmoreaboutthis, pleasesendane-mailwith“FEICanadaTransition” inthesubjectlinetoLizBowell [email protected] anFEICanadaevent—orbyphoneat(604)7320366. Hugh Lindsay Hugh Lindsay November2016 Page4 DRAFT Events September-November Welcomebacktoallourmembersaswediveinto our2016–2017season.Weplantocontinueour eventstrategyfromlastyearwithanassortmentof eventsincludingbreakfastorlunchsessions,CFO Roundtables,one-offspecialeventsaswellas continuingour“ShopTours”series. OurannualWinePairingeventsponsoredbyMNPis setforNov15atanewvenue,theFairmontPacific Rim.Thiseventisalwaysagreatdrawandan opportunitytoconnectwithfellowmembersina morerelaxedsetting. Asalways,wehopeyouareenjoyingthemixand quantityofeventssofarthisyear.Keepyoureyes onyouremailandthewebsiteformoreevent detailsaswelockthemdown WelaunchedourseasonwithaGoldSponsorevent. ACCAsponsoredabreakfastontheTransformation oftheFinanceFunctionandbroughtintheHeadof FinanceTransformation,MattDolphin,fromBritish Airwaystospeakonthetopic.Mattprovidedarare glimpseintotheworkingsofBritishAirwaysandwas aninformativeandengagingspeaker. https://www.feicanada.org/vancouver/chapterevents# Dave Andru TheAnnualAGMandKickoffeventwasheldat GrouseMountainwhichprovedtobeagreatvenue. Theweathercooperated,theview,foodandwine wasamazingwhichculminatedinawell-attended andsuccessfulevent. Ifyouhaveanycommentsorfeedbackabout FEICanadaVancouvereventsorhaveanideaor suggestionforanevent,roundtableorshoptourplease [email protected] anyotherboardmember. Wehavehadtworoundtablestodateaswell.One hostedbyourSilverSponsor,RoperGreyellaround StrategicPartneringandasecondfocusedonthe CorporateSecretaryfunctionfacilitatedbyourGold Sponsor,McCarthyTetrault.Bothhadgreat turnouts,withinteractivediscussionsandwerevery informative. Wealsoinvitedmembers,spousesandguestsfora movienightsponsoredbyoneofournewSilver Sponsors,Anaplan.GuestsgatheredtowatchThe Accountantmovieandwereceivedsomegreat positivereviewsaroundtheevent. November2016 Page5 DRAFT Future Events Date EventType Detail Location December5, 2016 Luncheon TheStrategicImportanceofHigh PerformanceLeadership SuttonPlaceHotel December7, 2016 CFOShopTour CFO‘ShopTour’TheLibertyDistillery (rescheduledfromOctober) TheLibertyDistillery January24, 2017 CFORoundtable Off-DutySocialMediaUseandtheLaw: APrimerforEmployers RoperGreyellLLP April2017 Vancouver Whitecaps Date&DetailsTBA BCPlace Ifyouarenotreceivingoureventemailinvitations,pleasecontactLizat FEICVancouver@shaw.ca.Eventdetailsarealsoavailableatwww.feicanada.org. November2016 Page6 DRAFT FEI Canada Vancouver Chapter Salutes our Sponsors Shouldyoubeinterestedinsponsorshiporhavearecommendationforustofollowupon, pleasecontactEduardEpshteinateduard.epshtein@lithiumamericas.com604-806-0104 November2016 Page7 DRAFT 2016-2017 Chapter Board of Directors Tim Kukler CFO, Nexterra Systems Corp. 1300 – 650 W Georgia Street, Vancouver, BC V6B 4N8 President Roger Bissoondatt Chief Financial Officer BC Liquor Distribution Branch 2625 Rupert St, Vancouver, BC V5M 3T5 Vice President Doug King Chief Financial Officer Fenix Energy 1290-1500 W. Georgia, Vancouver V6G 2Z6 Past President Oliver Piekaar Vice President, Finance, Richie Bros. Auctioneers, 9500 Glenlyon Road, Burnaby, BC V5J 3C2 Secretary-Treasurer CRC Rail Management Services Ltd. 1254 Bracknell Place North Vancouver, BC V7R 1V5 Head of Finance and Growth Development Kit and Ace Designs 151 Water Street, Vancouver, BC V4A 1E1 Secretary Peter Ballachey Dave Andru Treasurer Events Committee Chair Gail Davidson Events Committee Director Sonia Graham Events Committee Director David Huber David W Huber Professional Corporation Events Committee Director Jessica Jang Corporate Controller Amacon Group 500 – 856 Homer St., Vancouver, VB 2W5 Events Committee Director Danley Yip Vice President – BC Robert Half Management Resources 724–1055 Dunsmuir St, Vancouver, V7X 1L4 Membership Committee Chair Brad Cruickshank Chief Financial Officer Transcan Leasing Corp 201–888 Terminal Ave,, Vancouver, V6A 0A9 Membership Committee Director Anne Yu Director of Finance American Hotel Income Properties REIT LP 1660-401 West Georgia St, Vancouver V6B 5A1 Membership Committee Director Eduard Epshtein CFO, Western Lithium USA Corp. #1100 – 355 Burrard Street, Vancouver, BC V6C 2G8 Sponsorship Committee Chair Hugh Lindsay President, FMG Financial Mentors Group Inc FEIsters Chair Liz Bowell FEI Canada Vancouver Chapter PO Box 60505 Granville Station Vancouver, BC V6H 4B9 Chapter Administrator 604-569-4119 [email protected] November2016 Page8
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