PHILADELPHIA, PA (April 30, 2013) – Pressured by ongoing uncertainty in the economy and the ever-changing regulatory environment, Southern California business leaders from Los Angeles and Orange County are forming the newest community of The CFO Alliance, a CFO peer-to-peer community responsible for disrupting traditional C-suite knowledge channels across the country. The inaugural meetings are slated for May 15 and May 16. The May 15 meeting will be held in Los Angeles, an interactive breakfast roundtable at the Ritz-Carlton in Marina Del Rey, Calif. UC Irvine Dean's Professor of Strategic Management, Dr. Philip Bromiley will lead the May 16 roundtable on strategic risk management and other issues at the Pacific Club in Newport Beach, Calif. These first gatherings of the newest CFO Alliance members will provide a discussion forum for the region's finance leaders to collectively discuss, debate and dissect the critical opportunities and issues that they encounter each day.
According to a report surveying CFOs from various industries, more than 75 percent of corporate growth strategies include expanding internal investments and increasing the funding behind organic growth initiatives in order to increase shareholder value and top-line performance. To achieve these goals, corporate partners Burnham Benefits Insurance Services, Drinker Biddle & Reath, and academic partner, UC Irvine, will work closely with CFO Alliance's Southern California members to build a platform in which to share information and guidance as they lead organizations through times of opportunity, challenge and transition.
"As one of America's largest and most energetic economies, Southern California brings a wealth of knowledge to The CFO Alliance as well as a great appetite for additional insight," says Nick Araco, CEO and co-founder of The CFO Alliance. "We expect our members in Los Angeles and Orange County to quickly become a vibrant regional hub for knowledge-sharing as they build relationships that can supply timely, relevant information and insight."
More than a validation of an innovative knowledge-sharing model, the formation of The CFO Alliance-Southern California is viewed by its 4,000+ CFO members as an important milestone in the advancement of the flow of CFO knowledge and insight nationally. As one of the few brokerages specializing solely in strategic employee benefits consulting services in California, corporate partner Burnham Benefits and its team of California employee benefits consultants understand this need for a collaborative, progressive environment for the CFOs of today.
"The CFO Alliance is a unique collective forum that provides an open dialogue on the issues that matter most to middle-market CFOs in the Southern California market," says Kris Allison, President, Burnham Benefits. "We understand the complexities and nuances today's CFO faces, and are proud to sponsor this collaborative organization and support the executives in our community."
To become a member and register to join the roundtable discussions, interested individuals are invited to visit www.thecfoalliance.org/events.The CFO Alliance prescreens all roundtable participants in order to ensure that finance leaders are seated with their peers. Registration is complimentary for qualified first-time attendees. CFO Alliance meetings offer participants 1.5 Continuing Professional Education (CPE) credits. Registration is strictly required.
For updates and information on the CFO Alliance Southern California roundtable meetings and additional CFO Alliance events nationwide, please visit www.thecfoalliance.org/events.
About Burnham Benefits Insurance Services:
Based in Irvine, Calif., Burnham Benefits Insurance Services Inc. is a leading employee benefits brokerage in California, and one of the few to specialize solely in employee benefits insurance. Kristen Allison, CEO of Burnham Benefits and a 30-year industry veteran, acquired the firm in 1995 from John Burnham Insurance Services, an Orange County mainstay for more than 50 years. Boasting the in-depth industry knowledge and Fortune 500 resources of a large firm, Burnham Benefits prides itself on retaining the flexibility, creativity and consultative service of a boutique. California employers across all industries and in various growth phases trust Burnham to provide the counsel and cutting-edge resources to meet the needs of the unique market. After steady 20 percent annual growth and 97 percent client retention for the past 10 years, the company serves more than 300 corporate clients throughout the United States and manages more than $600 million in premiums. Working with its colleagues at Burnham Gibson Financial Group, and having the added expertise of in-house underwriters, compliance officers and communications specialists, Burnham Benefits provides an integrated approach to managing a client's full spectrum of employee benefits. Named Best Place to Work by the Orange County Business Journal in both 2011 and 2012, the company has four offices in California: Irvine, San Rafael, Los Angeles and Santa Barbara, as well as offices in Oregon and the Washington D.C. metro area. For more information, visit www.BurnhamBenefits.com.
About Drinker Biddle & Reath LLP:
Drinker Biddle & Reath LLP is a national law firm with 650 lawyers in 11 offices providing client service in areas such as intellectual property, commercial litigation, communications litigation, corporate and securities, corporate restructuring, employee benefits and executive compensation, environment and energy, government and regulatory affairs, health care, insurance coverage, investment management, labor and employment, life insurance and annuities, products liability and mass tort litigation, private client services, and real estate.
About The CFO Alliance:
Established in 2008 to promote connectivity through a professional community of leading financial executives, The CFO Alliance brings together the experience, knowledge, and collective wisdom of peers, subject matter experts, and academic authorities to enable senior financial leaders and decision makers to be more effective and act with greater confidence throughout their career. By fostering relationships among those with common objectives, interests, opportunities, and challenges, financial leaders can make long-term investments in their companies and their careers through sharing expertise and gaining confidence in their roles. Based on the success in Philadelphia, PA, the CFOA has established and executed a national expansion, with over 4,000 Members now participating in face-to-face and online discussions, collaboration and exchange. For more information, please visit www.TheCFOAlliance.org and follow The CFO Alliance Community on Twitter @theCFOAlliance.