Exploring the Regulatory Landscape
CFPB, SEC, IRS, PCAOB - - get the picture? What should Directors know about the future landscape and the effects regulations and regulators will have on their companies, especially with the introduction of a new U.S. Federal Administration underway?
Join us the morning of March 15th for a Breakfast Program.
The program will be led by Paul Atkins, CEO of Patomak Global Partners, director and non-executive chair of BATS Global Markets, Inc. and previous SEC Commissioner;
Jack Ciesielski, publisher of the Analyst’s Accounting Observer, member of the Investors Technical Advisory Committee of the Financial Accounting Standards Board and a member of the FASB’s Emerging Issues Task Force (EITF);
and Tim Wolf, retired CIO and SVP Integration of MillerCoors Brewing Company and Chair of the Audit Committee of the Board of Xcel Energy.
Moderated by: Douglas R. Wright, Partner, Faegre Baker Daniels
Location and Time
Denver Country Club
1700 E. 1st Avenue
Denver, CO 80218
7:15 a.m. - 9:30 a.m.
7:15 a.m.- 8:00 a.m. Registration, Breakfast & Networking
8:00 a.m. -- 9:30 a.m. Program
Paul AtkinsPaul Atkins is chief executive of Patomak Global Partners, LLC. He founded the company in 2009 to leverage his decades of regulatory, policy, political and legal expertise to support and advise companies operating in the capital markets. His work is driven by his belief in the power of open, free and competitive capital markets that allow for opportunity. From July 2002 to August 2008, Mr. Atkins served as a Commissioner of the U.S. Securities and Exchange Commission. During his two terms, he advocated better transparency and consistency in the SEC’s decision-making and enforcement activities and smarter regulation that considers costs and benefits. He represented the SEC at various meetings of the US–EU Transatlantic Economic Council, the President’s Working Group on Financial Markets, the World Economic Forum, and the Transatlantic Business Dialogue. From 2009 to 2010, he was appointed by Congress to serve as a member of the Congressional Oversight Panel for the Troubled Asset Relief Program (TARP). Before his government service, Mr. Atkins was a partner of PricewaterhouseCoopers and predecessor firm Coopers & Lybrand, where he advised financial services firms on regulatory compliance, internal controls, and risk management issues. From 1990 to 1994, he served on the staffs of SEC chairmen Richard C. Breeden and Arthur Levitt as chief of staff and counsellor, respectively. Mr. Atkins began his career as a lawyer with Davis Polk & Wardwell in New York, representing U.S. and foreign clients on a wide range of corporate finance, banking, and business combination transactions. He was resident for 2 1/2 years in his firm’s Paris office and was admitted as conseil juridique in France in 1988. Besides English, he speaks German and French. From 2012 to 2015, Mr. Atkins served as an independent director and non-executive chairman of the board of BATS Global Markets, Inc., a leading operator of electronic U.S. and European securities markets trading listed cash equity securities and equity options. He is a trustee of the American Council on Germany, serving as chairman of the audit committee, and is a member of the Committee for Economic Development of the Conference Board. Mr. Atkins received his A.B., summa cum laude, Phi Beta Kappa, from Wofford College and his J.D. from Vanderbilt University School of Law, where he was Senior Student Writing Editor of theVanderbilt Law Review. A frequent speaker and television commentator on regulatory and capital markets issues, he is a visiting scholar at the American Enterprise Institute for Public Policy Research in Washington. His writings have appeared in The Wall Street Journal, Financial Times, Forbes, USA Today, andPolitico, as well as scholarly journals such as the Harvard Business Law Review and the Fordham Journal of Corporate & Financial Law.
Jack T. CiesielskiJack T. Ciesielski founded R.G. Associates in 1992 and started publishing The Analyst’s Accounting Observer in May of that year. A graduate of Loyola University Maryland undergraduate accounting and master’s finance programs, and a CPA since 1978 and a CFA since 1988, he spent nearly seven years as a security analyst with the Legg Mason Value Trust in Baltimore. Prior to joining Legg Mason, he held various positions in the accounting profession as an auditor and as an educator. Mr. Ciesielski has been a member of the Financial Accounting Standards Advisory Council of the FASB, and a member of FASB’s Investors Technical Advisory Committee, which advised the FASB on the information needs of investors during its existence. Actively involved in standard setting as a member of the FASB’s Emerging Issues Task Force and as a member of the AICPA’s Accounting Standards Executive Committee (now the AICPA’s Financial Reporting Executive Committee), he was the first investor community representative to be named to either body. He is currently a member of the CFA Institute’s Corporate Disclosure Policy Committee. In addition to writing the Accounting Observer, Mr. Ciesielski is an occasional contributor to Fortune and Barron’s. He has also testified before the U.S. Senate and the Securities & Exchange Commission on accounting matters on numerous occasions. Mr. Jack Ciesielski graduated from Loyola College with a Bachelor of Arts degree in 1976. He also completed his degree of Master of Science in Finance in 1984 from Loyola University Maryland. He has been a Certified Public Accountant since 1978, and a Chartered Financial Analyst since 1988. Before founding R.G. Associates, Inc. in 1992, he spent nearly seven years as a security analyst with the Legg Mason Value Trust. Prior to joining Legg Mason, he held various positions in the accounting profession as an auditor and as an educator.
Tim WolfTim Wolf retired as Chief Integration Officer of MillerCoors Brewing Company in June, 2010, a $10 billion merger that was completed in July, 2008. Tim was responsible for converging and integrating the two companies and ensuring delivery of $500 million of cost reduction synergies. Prior to joining MillerCoors, a transaction that he helped direct, Mr. Wolf was Chief Financial Officer of Coors Brewing Company from 1995 to 2005, when he became Global Chief Financial Officer of Molson Coors Brewing Company, another merger that he helped negotiate, close and refinance. He was instrumental in working with the team that achieved $180 million of synergies in less than 3 years and drove reduction of the debt associated with refinancing and restructuring the highly successful Molson Coors merger, well ahead of commitments to its Board. Prior to coming to Colorado with Coors, Tim spent nearly 10 years with PepsiCo in planning, finance, control and strategy roles of increasing responsibility in its soft drinks and fast food businesses from 1980 to 1989. Before arriving at Coors, from 1989 until 1993, Mr. Wolf was Controller, Chief Accounting Officer for the Walt Disney Company, and then Senior VP of Euro Disney, Marne La Valleen France.
Douglas R. WrightDoug has advised clients since 1978 on mergers and acquisitions, capital markets and securities matters in a broad range of industries. These include telecommunications, manufacturing, transportation, medical devices, technology, gaming, oil and gas, and mining. A former chairman of the Business Law Section of the Colorado Bar Association, Doug is widely recognized as one of the preeminent corporate lawyers in Colorado. Doug has negotiated over $3 billion of domestic and international private equity investments on behalf of a large public investment fund and a private foundation. He has handled a number of commercial matters for telecom companies, including broadband network service agreements for multi-unit landlords and professional sports teams, negotiation of public-private partnership agreements with state departments of transportation, fiber optic lease and IRU agreements, and telecom equipment financing arrangements. In addition, Doug counsels clients on joint ventures, partnerships and limited liability companies, employee compensation issues, and credit agreements. • Law Week Colorado — Best M&A Lawyer, 2009 • Chambers USA: America's Leading Lawyers for Business — Corporate/M&A, 2005-16 • The Best Lawyers in America — Corporate Law, Mergers & Acquisitions Law, Securities/Capital Markets Law, 2006-17 (Denver Securities/Capital Markets Lawyer of the Year, 2016; Denver Corporate Lawyer of the Year, 2011) • Super Lawyers — Securities & Corporate Finance, 2006-15 • Corporate Counsel Black Book — 2007-08 • Denver Business Journal — Best of the Bar Award for Corporate, M&A and Securities, 2003 Civic Activities • Sungate Kids — Board of Directors • Multiple Sclerosis Society of Colorado — Board (Past Chairman) • American Diabetes Association, Colorado Affiliate, Inc. — Board (Past Chairman).