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From The President

Well how about our Cubs!! Our team tried and we will all look forward to next year!

Our October dinner meeting was held in Oakbrook.

Our

speaker, Ed Nusbaum, CEO of Grant Thornton, was very interesting and discussed his CEO role for the past two and one half years. Ed also discussed what he expects from his CFO and talked about the “balancing act” of a CFO. A CFO today is a partner to the CEO, being a financial steward, and also expected to provide

strategic directives for the company.

FEI National has kicked off a “Fall Member-Get-a Member” Program that will run from October 15th to December 15th. FEI has 15,244 members nationally. There are 75 Chapters and Chicago is the second largest chapter with 740 members. As your President, I challenge each of you to bring in one member to the Chicago Chapter. You are welcome to invite a qualified prospective member to one of our upcoming dinners. You may also contact us about having your CEO be a guest speaker. We have a very dynamic chapter!

The economy is improving as indicated by the turnover in our Career Services Group. Those members in transition a year ago are no longer members of the group. We wish them well in their new positions! I want to thank John McLean, Chair of the Committee for doing such a fine job and coordinating each of the monthly meetings. If you are in transition, please contact John to become involved .

I encourage our members to go to the FEI website, www.fei.org, to view all the resources that are available. FEI teleconferences, web seminars, and information on Corporate Governance are listed on the website. You can even pay your dues online!

Our November program will be held at the Deerfield Hyatt on November 20th. Rick Fleming, Executive VP & CFO – USG Corporation will be our guest dinner speaker, and the topic will be “Creating Value in Uncertain Times.” This topic is very timely, given the state of our improving economy.

Look forward to seeing you in November! Marie Hollein, President

2 - NOVEMBER 2003

In The FEI NEWS

FEI SCHOLARS TO BE HONORED AT FEBRUARY MEETING - VOLUNTEERS NEEDED

Invitations have been sent to fourteen Illinois colleges and universities to participate in the Chicago Chapter’s 2004 Scholarship Award competition. The recipients will be recognized at our February 19th Dinner Meeting at the Mid-Day Club. If you would like to host one of the recipients and their guest at your table for dinner that evening, please contact Ellen Landgraf (312) 915-7105 or elandgr@luc.edu. Even better, if you would like to interview our candidates and are available on February 19th from 1:00 PM through 5:00 PM contact Ellen for further information.

YOUR CAREER MANAGEMENT COMMITTEE

Your chapter’s Career Management function was established to provide support, advice, job leads and, most of all, a first class Networking Forum for members who are between or considering new positions. The group meets for breakfast at 7:45AM on the first Thursday of every month at the Marriott Suites in Rosemont. We have another great lineup of topical, high level speakers scheduled for this year to deliver job search and outplacement information that is relevant to financial executives in transition. The only price of admission is a positive attitude and a willingness to make progress towards a serious goal in a lively, informal atmosphere.

In addition to the monthly Career Services meetings, this committee also organizes the annual Career Management Day which offers an opportunity for all chapter members to hear noted experts discuss topics which are relevant to their current careers. It is followed by lunch and an optional golf outing and will be held on June 11, 2004 at the Lincolnshire Marriott.

For more information or if you have open positions in your company that would be suitable for our members, please contact me at 312.822.4383 or jbmclean@cnasurety.com.

John McLean, Board Member - Career Management

FEI COMMITTEES

The Chicago Chapter Board and Committees are made up of volunteers. The organization is looking to grow existing committees to build on long-range strategic plans, membership benefits, leadership transition and succession. The Chicago Board currently has three members from one firm and two from another. They are all solid contributors, but ideally the Board would like to represent a diverse group of Chicago area businesses.

This is where you come in! We encourage you to get involved in committees and consider a future Board position. Becoming involved not only builds a stronger organization, it offers the opportunity to develop relationships with your peers.

Time commitments vary. Check the front of this newsletter for a list of FEI Chicago Chapter Committees. Call or e-mail the administration office to volunteer.

CHICAGO CHAPTER

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