Capital Allocation Strategies
With both traditional investors and activists sharpening their focus on whether companies are effectively deploying their capital combined with external pressures requiring more frequent shifts in strategy and spending priorities, discussions about the capital allocation process have moved from the back-room to the boardroom. Directors must play a key role in understanding, challenging, and overseeing a company’s capital process, specifically related to strategy implementation. The experts on the panel will discuss ways companies are utilizing record levels of cash on hand amidst continuing economic uncertainty to drive growth and achieve both short-term and long-term value for stakeholders.
Location and Time
Denver Country Club
1700 E. 1st Avenue
Denver, Colorado 80218
5:30pm - 6:15pm - Networking & Cocktails
6:15pm - 8:00pm - Dinner & Program
Elizabeth (Libby) ChambersAs Chief Strategy and Product Officer of the Western Union Company, Libby has responsibility for Western Union’s global strategy, products, marketing, communications, and a range of corporate transformation initiatives. She also served as Chief Marketing and Business Development Officer at Freshfields Bruckhaus Deringer, the international law firm as well as a range of senior marketing roles at Barclays, including serving as Chief Marketing Officer of retail and commercial banking and Barclaycard. Her tenure at Barclays was marked by a string of market-leading product innovations and partnerships, as well as digital channel development and brand transformation. Before joining Barclays she held C-level strategy, marketing and new business development roles at Bank of America, the Reader’s Digest Association and Bingham McCutchen LLP. A Harvard MBA, she is also a Stanford graduate and started her career as a financial analyst with Morgan Stanley & Co.
Cam PhilpottBefore forming Elk Creek Partners, Cam served as Senior Portfolio Manager for the Montgomery Growth team at Wells Capital Management from 1991 to 2011. Prior to Wells Capital Management, he held investment positions at Boettcher & Company and Berger Associates. Cam holds a bachelor's degree in economics from Washington and Lee University and a master's degree in business administration from the Darden School at the University of Virginia. Cam is a CFA charter holder. He began his investment career in 1985 and has experience on both the buy side and the sell side.
Dan ShaughnessyDan is a Principal in KPMG Strategy, leading the U.S. practice. He has more than 25 years of experience working in variety of industries including, consumer markets, retail, diversified industrials, media, healthcare and financial services. Dan specializes in the development of business and operating model strategy, target operating model design, and large transformation projects. Dan has led the business and operating model strategy development for many clients, including both domestic and global companies. He currently serves as KPMG’s Consumer Markets Practice Leader for Strategy. Dan earned his BA degree from the University of Southern California.
Mike BearupMike is the Denver Office Managing Partner for KPMG overseeing all Colorado, New Mexico, and El Paso offices. He has more than 30 years of experience providing audit and business advisory services to the technology, biotech, software, manufacturing, medical device, and venture capital industries. Prior to his role as office managing partner, Mike was the partner in charge of KPMG’s Boulder office and ran the middle market and Venture Capital practice. Mike has spent his entire career in the Colorado marketplace. Mike has significant experience with initial public offerings, ongoing periodic reporting for publicly traded companies, and mergers and acquisitions. He also has significant experience in international operations of U.S.-based services, manufacturing and technology companies. Mike works closely with Audit Committees on governance issues, as well as on other issues that are impacting the Audit Committee’s agenda. He leads KPMG’s Denver and Wyoming Audit Committee Peer Exchanges, as well as bi-annual Denver Audit Committee Institute roundtables Mike is co-chair of the Mile High United Way’s Alexis de Tocqueville Society, past chair of the Colorado Society of Certified Public Accountants, a board member of the Downtown Denver Partnership, and past chair of Urban Peak. He earned his BS degree from Washington & Lee University.