Friday Sept. 12, 11:45 to 2 pm at NEW LOCATION: The City Club, downtown Los Angeles.
"M & A--What Every Director Must Know" with conversation leader Kimberly Alexy, corporate board consultant for mergers & acquisitions- fiduciary obligations/recommended legal structure/ director risks. Every director has to understand reasons behind acquisitions, what flags to look for--green and red. The Credit Suisse research released in Aug 2012--over six-year study of 2000 large-cap companies--demonstrated those with women board members performed better than those with all-male boards. Reasons were generally that women were more risk-averse--not afraid of taking risks--but more thoughtful about those they vote for. Discussion will explore how to be smart about assessing risk? M & A events unfortunately often mean reduction in numbers of women directors--that when companies are acquired, by private equity or public, the acquired board is dissolved, and women directors do often elected to the board of the acquiring company. An exception to that was Julie Hill, who when Anthem merged with Blue Cross of CA, she was invited to the Anthem board.
BIO: Kimberly Alexy owns Alexy Capital Management in San Diego, a private investment fund she founded in 2005; she's a former sell-side equity research analyst on Wall Street; has served as Chaired Audit, Compensation, Nominating and Governance Committees. Her boards include CalAmp (NASDAQ: CAMP), a $250 million wireless datacom company; Five9 (NASDAQ: FIVN), a cloud-based contact center; and previously SMART Modular (NASDAQ: SMOD), a $750 million memory module and solid state drive manufacturer; Dot Hill Systems (NASDAQ: HILL), a $250 million storage systems company; Southwest Water (NASDAQ: SWWC), a $200 million water and wastewater utility; Maxtor (NYSE: MXO), a $4 billion manufacturer of hard disk drives.. She has completed board certification programs at Stanford, Northwestern, UCSD, and has been speaker for NACD, the Corporate Directors Forum in San Diego, is a member of both the Audit Committee Roundtable of Orange County and the Compensation Committee Roundtable of Orange County” She earned her BA from Emory University and her MBA in finance from the College of William & Mary.
WELCOME to PROSKAUER law firm as our corporate sponsor for this WCD-LA/OC chapter luncheon. Partner Pippa Bond, based in the Los Angeles office, will join us. She is a member of the Capital Markets Group and has extensive experience in corporate finance and securities, including leveraged buyouts, acquisitions and restructurings.
NEW LOCATION --The CITY CLUB, downtown Los Angeles, atop the City National Tower (former ARCO Towers.) The reason for the change is fewer cars on Fridays at City Club than at previous location California Club--where Rotary meets now on Fridays, and we want to avoid waiting in long valet lines.
VALET PARKING CHARGE of $8 will be INCLUDED in your registration--bring ticket with you for validation.
Entrance to Valet parking--HARD TO SEE--two entrances to driveways going downhill into subterranean garage:
If driving Southbound on Flower, after Fifth Street, take next driveway on RIGHT side of Flower Street.
If driving Westbound on Fifth, after Figueroa, take driveway on LEFT side of Fifth. IF MISS DRIVEWAY, go around block to retry.
City Club, atop City National tower (former ARCO towers)
555 S. Flower
Los Angeles, CA 90071-1558
213.620.9662 (City Club phone number)
MEMBER REGISTRATION: please Register on the WCD website: www.WomenCorporateDirectors.com. Log-in as member, click on Events, Calendar for September, and register for Sept. 12 in Los Angeles. If you paid your annual dues invoice from WCD in July, this luncheon event is included. If you have not yet renewed for 2015, please do so on the website, or call national office (below).
INVITED GUESTS $125 to attend. Please confirm with Betsy. ANY SAME-DAY CANCELATIONS will require payment of $125, because we have to cover the meal cost. Thank you for understanding. Invited guests please rsvp to this email.
Any questions, please email me and Alicia LaFarga at Berkhemer Clayton.
Or Eden Rose DiGregorio,
SVP/ Executive Director
212.987.6070 (New York) OR
561.797.3099 | f: 561.366.2441 (Direct)
SEE YOU SEPTEMBER 12!!