GSB Finance Roundtable
March 10, 2005, 6PM - 8PM
Going Global: Perspectives from U.S. Firms
The people in the trenches best know what it�s like to be a U.S. firm doing business on a global basis, both from selling products worldwide and producing products overseas, which is why we�ve asked the following to share their best practices, horror stories and lessons learned.
Meredith W. Mendes
Vice President and Worldwide CFO, EDELMAN (the largest
privately-held global public relations firm)
- The world business viewpoint from a professional services
- International Mergers & Acquisitions: The Top 10
List Of What To Look For & What Not To Do
- Tax planning: bringing back the losses, transfer
pricing & support payments.
- Matthew J. Hower, Treasurer, Amsted
Industries (a $2 billion diversified manufacturer with
locations in Canada, South America, Africa, Europe, India,
Pacific & Australia), focuses on:
- Cash Management: Repatriation Of Cash, What To Do If
Your Firm Doesn’t Want To Have Treasury Offices Overseas,
Pros And Cons Of Notional Cash Pooling
- Outsourcing: The Top 10 List Of What Works & What
- Surviving Overseas Local Banking Experience
Saul T. Caisman
Corporate Services & Risk Management Partner, KPMG, delves
- The Tax & Regulatory Disadvantages That U.S. Based
Firms Have compared to their foreign competitors and
what can be done to improve this picture.
450 North Cityfront Drive
how to reach Gleacher Center
Doors open at 5:30PM so come early to view our sponsors’ tables,
chat with their representatives, and choose a great seat.
After the presentation, which will begin promptly at 6:00PM, there will
be a question and answer period followed by informal one-on-one conversation.
NOTE: Plenty of time has been allocated to answer all questions during
No Charge but pre-registration is required.
Business casual to business attire is appropriate. You need
not be a graduate of The University of Chicago to attend although
program content minimally requires MBA or equivalent work experience
exposure. Guests are welcome provided their attendance is also
registered in advance (see REGISTER above).
Contact for Finance Roundtable
Ariel Capital Management, LLC.
The Center for Research in Security Prices (CRSP)
DLA Piper Rudnick Gray Cary US LLP
Dow Jones Indexes
McKenna Partners LLC
Ritchie Capital Management
Tavakoli Structured Finance, Inc.
Tsunami Capital LLC
William Blair & Company, LLC.
The University of Chicago’s GSB Finance Roundtable
Saul T. Caisman is the Midwest Risk Management
Partner-Tax for KPMG and has been an International Corporate
Services partner in
KPMG’s Chicago office for more than 25 years. Mr. Caisman
has advised a diverse group of US and foreign based multinational
companies on international tax issues and planning opportunities,
including e-commerce initiatives, establishing operation and
joint ventures in overseas markets, cross border mergers, acquisitions
and divestitures, foreign tax credit planning, transfer pricing,
foreign sales corporations, and international executives. He
also coordinated the world-wide tax planning and delivery of
services to multinational clients in the Information, Communication
Entertainment and Manufacturing, Retail and Distribution lines
Mr. Caisman has been named several times by International Tax Review
Magazine as one of the leading tax advisors in the United States. Mr. Caisman is
a Certified Public Accountant in the state of Illinois. He graduated from
DePaul University with a BS degree in Commerce and a JD degree in Law.
He is a member of the International Fiscal Association, a member of the
Board of Directors of the Institute of International Education, Vice President,
Treasurer and Director of the British American Chamber of Commerce for
the Midwest and Treasurer and Director and Treasurer of the US Marketing
Matthew J. Hower, Treasurer for AMSTED Industries Inc., a $2 billion diversified
manufacturer of industrial components primarily serving the railroad, vehicular,
and construction/building markets, has been with one division or another
of AMSTED Industries his entire career, starting as a staff accountant
for their Griffin Wheel Company. He has been in every phase of manufacturing
finance and accounting – from plant controller to cost accounting,
benefits administration, internal audit, accounting, parent company controller
to his current Treasurer role for the parent firm. Matt has a BS in Accountancy
from University of Illinois, a MBA in Finance from the University of Chicago,
and his CPA and CMA certifications.
Meredith W. Mendes, Executive Vice President and Worldwide Chief Financial
Officer for Edelman, the largest privately-held global public relations
firm, Meredith W. Mendes is Executive Vice President, Worldwide Chief Financial
Officer of Daniel J. Edelman, Inc., dba Edelman, the fourth largest global
public relations agency with 39 offices worldwide. Ms. Mendes is a member
of the Board of Directors and Edelman’s Executive Committee. Ms.
Mendes oversees a staff of 50 finance personnel in the Chicago and New
York headquarters, as well as regional finance directors and accounting
staffs in Edelman Europe, Asia, Canada and Latin America. Ms. Mendes manages
global financial reporting, accounting and controls, treasury, tax, strategic
planning and budgeting, acquisitions, real estate, payroll, insurance and
the legal department. At Edelman, Ms. Mendes has closed 11 acquisitions
adding $32 million of revenue, improved working capital by $36 million,
reduced income taxes by $9 million through worldwide, state and local tax
planning, and negotiated lease buyouts saving $6 million. She has also
lead successful implementations of Hyperion Financial Management for global
financial reporting, Hyperion Essbase for global client management, and
PeopleSoft for Edelman’s US financial system. Ms. Mendes also participated
in SAP financial system installations at two previous employers.
Prior to her employment at Edelman, Ms. Mendes was recruited to serve
as Vice President and Chief Financial Officer of Hartford Computer Group,
a computer reseller and distributor, and of Medline Industries, Inc., a
manufacturer and distributor of healthcare supplies. From 1988 to 1994
Ms. Mendes was an investment banker at First Chicago Capital Markets, Inc.
where she improved the bank’s corporate tax-exempt bond ranking from
9th to 1st nationally. Prior to working at First Chicago, she practiced
law in Chicago and Massachusetts. Ms. Mendes received her Bachelor of Arts
from Brown University, her Juris Doctor from Harvard Law School and her
Masters in Business with a Specialty in Finance from The University of
Chicago Graduate School of Business. She is an Illinois certified public