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FEI awards honor individuals, chapters.

At FEI's annual conference in Washington, D.C., in October. FEI President Norm Roy honored two FEI members, Buel T. (Tod) Adams and Ian D.G. McKechnie, with distinguished-service awards for outstanding service on the national and chapter levels, respectively. In recognizing Adams, vice president and treasurer of CBI Industries and a member of the Chicago Chapter, and McKechnie, director of housing development at Central City Concern in Portland, Ore. and a member of the Portland Chapter, Roy praised them for personifying "dedication, commitment and leadership worthy of recognition."

Adams has long been active on the national level. He's served as chairman for the Committee on Government Liaison and for the Ethics and Eligibility Committee. where he is stilt a member. As chairman of CGL, he testified for FEI before several subcommittees of the House Government Operations Committee earlier this year to press for full implementation of the CFO Act of 1990. And Adams plans to go back and do it again, "because Congress has indicated it's looking to our committee to be the watchdog on this issue and wants us to testify annually," he reveals.

As FEI's 59th Annual Conference chairman in 1990. Adams introduced the concept of corporate sponsorship, which made for a very successful conference financially. He also serves on the advisory committee for FEI's quarterly membership survey and is the media spokesperson on the survey results. That's a lot for anyone's plate, but Adams believes "It's everyone's responsibility to give of their time and talents to their professional organization."

McKechnie's efforts have likewise helped revitalize and strengthen the Portland Chapter membership. An FEI member since 1983, McKechnie has served on the chapter's board for the last seven years and has held every chapter office during his tenure, including chapter president. He developed a conference jointly sponsored by the Portland and Puget Sound chapters, first held in 1987 and held bi-annually since then. The aim of the conference, McKechnie says, is "the cross-fertilization of ideas by people who may not have the resources or the time to attend the national conference." As such, the conference focuses on speakers from local companies but also includes speakers on broader business trends and developments. A good balance is essential, because "We don't have anything if we don't have good programs," McKechnie firmly believes.

Chapter Awards

The Dallas and New Jersey chapters were also honored at the conference for academic-relations and professional-development achievements. The Dallas Chapter's winning approach was to develop four new academic-relations programs with measurable goals. The faculty-guest program's goal is to invite faculty members from six local universities to chapter dinner meetings. The member guest-speaker program gets chapter members to share their knowledge with students by having the financial executives speak at one of those six universities.

Under the Dallas Chapter's student-guest program, each of the six local universities nominates an outstanding master of business administration student to join chapter members at their dinner meetings from January through May. In May, the academic-relations committee selects the most outstanding student for special recognition, and the student's university wins a scholarship contribution. The Junior-Achievement program encourages chapter members to become involved with Junior Achievement, an economic-education organization for elementary, middle-school and high school students.

The New Jersey Chapter has led the charge in getting its members involved in its professional-development program. Last year, to increase participation, the chapter surveyed its members to find out which issues interested them most. Chapter vice president Linda Helbig says, "We try to offer our members 28 continuing professional education credits a year." To that end, the chapter hosts innovative dinner programs that address broad topics, while its professional-development seminars focus on specific controllership or treasury issues. The third leg of the professional-development program is the chapter's industry-group seminars. These seminars address topics of special importance to chapter members in the service, manufacturing and chemical/pharmaceutical industries, including hedging and overseas investments.

Last year, the New Jersey Chapter increased the industry groups' attendance by 27 percent and even helped the Houston Chapter establish its own industry-group program. The chapter also organized two successful joint meetings with the Financial Women's Association and the New Jersey Bar Association.
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Title Annotation:Financial Executive Institute
Author:Ferling, Rhona F.
Publication:Financial Executive
Date:Nov 1, 1994
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