Organizers in cooperation with

PROGRAM The Transatlantic Marketplace: Challenges and Opportunities Beyond 2011

Fifth Annual Transatlantic Business Conference Strategic inspiration and impulses for the economic and political partnership

Nov. 8-9, 2011 ½ Commerzbank Tower, /Main ½ Marriott Hotel, Frankfurt/Main

Co-organizers Organizers in cooperation with

American Chamber of Commerce F.A.Z.-Institut Federation of German Industries TransAtlantic Business Dialogue in e.V. für Management-, Markt- und (BDI) (TABD) Karl Mallach Medieninformationen GmbH Sigrid Zirbel Jeffries Briginshaw Börsenplatz 7–11 Dr. Meghan Davis Breite Straße 29 101 Rue Keyenveld D-60313 Frankfurt/Main Mainzer Landstraße 199 D-10178 Berlin B-1050 Brussels Telephone: +49 69 929104 - 51 D-60326 Frankfurt/Main Telephone: +49 30 2028 - 1559 Telephone: +32 2 514 - 0301 Telefax: +49 69 929104 - 11 Telephone: +49 69 7591 - 2262 Telefax: +49 30 2028 - 2559 Telefax: +32 2 514 - 0501 E-mail: [email protected] Telefax: +49 69 7591 - 2423 E-mail: [email protected] E-mail: [email protected] Internet: www.amcham.de E-mail: [email protected] Internet: www.bdi.eu Internet: www.tabd.com Internet: www.faz-institut.de

Co-organizers

Commerzbank Aktiengesellschaft Deloitte & Touche GmbH Dräger Foundation Dr. Sonja Kastin Stefan Fröhlich Petra Pissulla Kaiserplatz Franklinstraße 50 Moislinger Allee 53/55 D-60261 Frankfurt/Main D-60486 Frankfurt/Main D-23558 Lübeck Telephone: +49 69 136 - 22201 Telephone: +49 69 75695 - 6515 Telephone: +49 451 882 - 2151 Telefax: +49 69 40565 - 4705 Telefax: +49 69 75695 - 6722 Telefax: +49 451 882 - 3050 E-mail: [email protected] E-mail: [email protected] E-mail: [email protected] Internet: www.commerzbank.de Internet: www.deloitte.de Internet: www.draeger-stiftung.de Welcome

Dear Participants of the Fifth Annual Transatlantic Business Conference,

The transatlantic relationship hit a rough patch again this past year. On all fronts – economic and political alike – there were not many areas where the transatlantic partners could find common ground: the uncoordinated response to the Arab spring, the diverging conclusions drawn from the nuclear disaster in Japan and the escalating sovereign debt crises on both sides of the Atlantic are just three examples of the challenges that put the transatlantic relationship to the test.

At the same time, the winds of structural change continue to blow through the global economic system, and while the Fred B. Irwin trans atlantic economic area’s weight and influence in the global arena are still high, they are dwindling nonetheless. President, AmCham Germany If the transatlantic partners want to continue to shape the global economic and political agenda, they have to address such major challenges as these together.

How can the US and Europe remain competitive in the face of rapidly growing emerging markets? How will their huge budget deficits impact governments’ ability to act, the international exchange-rate system and the world’s financial order? What might a new energy infrastructure look like and can e-mobility really lead us to a greener future? Finding trans- atlantic answers to these questions will not be easy. But the search for these answers has the potential to breathe new life into the long-standing relationship. Jürgen R. Thumann President of BusinessEurope, As a forum for decision-makers from the worlds of business and politics, the Fifth Annual Transatlantic Business Conference Vice President of BDI and Co-Chair of TABD aims to do just that. With inspirational keynote addresses, international panel discussions and in-depth workshops, the conference intends to promote transatlantic dialogue each year and bring new vitality to this special relationship.

We hope this year’s conference will prove to be as inspirational and enjoyable as those of years past. We would also like to take this opportunity to express our gratitude to our co-organizers, supporters and contributors from both sides of the Atlantic: without them, this exciting event would not be possible.

Volker Sach Managing Director, F.A.Z.-Institut

Fred B. Irwin Jürgen R. Thumann Volker Sach

3 Program overview

Evening event on Nov. 8, 2011 Day conference on Nov. 9, 2011

½ 7:00 p.m.: Cocktail reception ½ 8:45 a.m.: Registration Commerzbank Tower, Frankfurt/Main Marriott Hotel, Frankfurt/Main

½ 7:30 p.m.: Welcome ½ 9:30 a.m.: Welcome Dr. Eric Strutz, Chief Financial Officer, Commerzbank AG Fred B. Irwin, President, AmCham Germany

½ 7:45 p.m.: Open Discussion ½ 9:40 a.m.: Opening Panel The Transatlantic Partnership in the Face Fighting for the Pole Position: The Transatlantic Business of Geopolitical Trends Area and the Race for Global Competitiveness Myron Brilliant, Senior Vice President, Lorraine Hariton, Special Representative for Commercial International Affairs, US Chamber of Commerce and Business Affairs, US State Department Daniel Caspary, MEP, Zhengrong Liu, Group Head of Human Resources, Lanxess AG Member of the Committee on International Trade Jan Mühlfeit, Chairman, Microsoft Europe Michael M. Maibach, President & Chief Executive Officer, Moderator: Carsten Knop, European-American Business Council Senior Business Editor, Frankfurter Allgemeine Zeitung Constanze Stelzenmüller, Senior Transatlantic Fellow, The German Marshall Fund of the United States ½ 11:00 a.m.: Coffee break Moderator: Tom Redburn, Managing Editor, International Herald Tribune

½ Followed by: Networking

Registration and the latest program information are available at: www.transatlantic-marketplace.com

4 ½ 11:30 a.m.: Panel I ½ 3:45 p.m.: Panel II The Era of E-Mobility? Concepts, Opportunities and Where Are Sovereign Debt Crises, Financial-Market Challenges of Building a New Energy Infrastructure Turbulence and the Global Loss of Confidence Leading Us? The Future of the Global Financial Order Nani Beccalli, President & Chief Executive Officer, GE Europe & North Asia, Chief Executive Officer, GE Germany Erwin Faust, Member of the Executive Board, Aurubis AG Murat Günak, Managing Director, mia electric GmbH Dr. Jörg Krämer, Chief Economist, Commerzbank AG Jürgen R. Thumann, President BusinessEurope, Sandra Navidi, Chief Executive Officer, BeyondGlobal, LLC Vice President of BDI und Co-Chair of TABD Moderator: Gerald Braunberger Moderator: Brent Goff, Senior Financial Markets Editor, Business News Anchor, Deutsche Welle Frankfurter Allgemeine Zeitung (tbc)

½ 12:45 p.m.: Lunch ½ 5:00 p.m.: Coffee break

½ 2:00 p.m.: Workshops I ½ 5:30 p.m.: Workshops II ½ E-Mobility – Will Consumers Jump on the Bandwagon? ½ Favorable Trade Winds – Renewable Energy in North America (Deloitte) (Commerzbank AG) ½ Social Security Systems – A Burden for Companies ½ The Economic Impacts of Migration – Or an Investment in the Future? (Genworth Financial) Comparing the US and Germany (Dräger Foundation) ½ The Future of Energy Supply – Renewables and Grid Expansion ½ Optimized Financing Structures for 2012 after the Energy Reform (K&L Gates) (Mayer Brown)

½ 3:15 p.m.: Coffee break ½ 6:45 p.m.: Reception

½ 8:00 p.m.: President’s Dinner with special guest

5 © iStock Evening program and reception in the Commerzbank Tower

Open Discussion: The Transatlantic Partnership in the Face of Geopolitical Trends

The Arab spring, nuclear disaster in Japan, sovereign debt crises everywhere, US political deadlock and weak politics in the EU – the transatlantic partnership is experiencing some dark days. Will the new geopolitical trends drive the partners further apart, or will they foster closer cooperation? Given the serious domestic problems and foreign-policy constraints on both sides, will the transatlantic partners ever be able to find common ground? Who has the time or energy to look beyond their borders? And what can be seen on the horizon?

Welcome Moderator Speakers

Dr. Eric Strutz Tom Redburn Myron Brilliant Daniel Caspary, MEP Michael C. Maibach Dr. Constanze Chief Financial Officer, Managing Editor, Senior Vice President, Member of the Committee President & Chief Executive Stelzenmüller Commerzbank AG International Herald Tribune International Affairs, on International Trade Officer, European-American Senior Transatlantic Fellow, US Chamber of Commerce Business Council (EABC) The German Marshall Fund Dr. Eric Strutz has been a Tom Redburn was named Daniel Caspary was elected of the United States member of the Commerzbank Managing Editor of the Inter- As Senior Vice President for to the in Michael Maibach has been AG Board of Managing Direc- national Herald Tribune in International Affairs, Myron 2004 as a representative of President & CEO of EABC Dr. Constanze Stelzenmüller tors since April 2004. Strutz December 2008. In his work, Brilliant is responsible for the administrative district of since 2003. He is known as a has been a Senior Transat- holds a doctorate in business he stays abreast of the latest driving the global business . Caspary studied leader in the ICT industry and lantic Fellow with The German ad ministration and began his developments in finance in strategy of the US Chamber of technical economics at the serves on the US State Depart- Marshall Fund of the United career at The Boston Consul - Europe and the US. Redburn Commerce. He represents the University of Karlsruhe and ment Advisory Council on In- States in Berlin since 2009, ting Group in 1993, where has also been Deputy Business Chamber before foreign gov- has held positions at JP Mor- ternational Economics. In the previously serving as Director he became Vice President, Editor for The New York Times ernment and business leaders gan in Frankfurt and London 1980s, he joined Intel Corpo- of the Berlin office. From 1994 Director and Partner in 2000. since May 2004. Previous and oversees a team of policy and MVV Energy AG in Mann- ration to establish their Gov- to 2005, she was an editor for A year later, he joined Com- positions include technology analysts committed to expand- heim. As a member of the ernment Affairs Department the Hamburg weekly DIE ZEIT. merzbank. There, Strutz served editor and assistant business ing global commercial engage- Committee on International and was named an Intel Vice Her work has appeared in as Executive Vice President editor at the NYT, where he ment. Before joining the Trade, he currently concerns President in 1996. While at such publications as Interna- of Strategy and Controlling has worked since September Chamber in 1994, he was an himself with questions of Intel, he was actively involved tionale Politik, Financial Times until 2003 when he became 1993. attorney with Stewart and international trade within in President Reagan’s Com- and the International Herald Chief Financial Officer. Stewart in Washington, D.C., and outside the euro zone. mission on Industrial Competi- Tribune. She is a regular guest where he specialized in inter- He has served as Regional tiveness as well as President on TV and radio shows, national trade. Chair of CDU Karlsruhe-Land Bush’s National Advisory Com- including Presseclub, National since 2010. mittee on Semiconductors. Public Radio and the BBC.

7 © iStock Opening panel 9:40 a.m. – 11:00 a.m.

Fighting for the Pole Position: The Transatlantic Business Area and the Race for Global Competitiveness

Deindustrialization and financial collapse, faltering domestic markets, aging populations and the shortage of skilled workers – the current state of and outlook for the US and European economies do not give reason for optimism. Powered by expanding populations and rising economic performance, emerging markets will soon contribute more to global GDP than developed economies. How can global businesses in the US and Europe remain competitive and maintain their economic appeal? What can they do to avoid being pushed into the wings of global economics?

Moderator Speakers

Carsten Knop Lorraine Hariton Zhengrong Liu Jan Mühlfeit Senior Business Editor, Special Representative for Group Head of Human Chairman, Frankfurter Allgemeine Zeitung Commercial and Business Resources, Lanxess AG Microsoft Europe Affairs, US State Department Carsten Knop became an Zhengrong Liu has been Jan Mühlfeit has been with editor at the Frankfurter Lorraine Hariton was sworn Group Senior Vice President Microsoft for almost 18 years Allgemeine Zeitung in 1996. in as the State Department’s Human Resources at Lanxess and Chairman of Microsoft He served as a business Special Representative for AG in Leverkusen, Germany, Europe since 2007. Prior to correspondent in New York Commercial and Business since 2004. With 15,000 em- this, he served as Vice Presi- from 1999 to 2001 before Affairs in 2009. She served as ployees, the group generated dent, Europe, Middle East and moving to San Francisco to President/CEO of Apptera, CEO global sales of approximately Africa Corporate & Govern- report on commercial activities of Beatnik and spent 15 years $10 billion in 2010. Before ment Strategy in 2006 and as on the West Coast, particularly at IBM. She is Chairman Emer- joining Lanxess, he was based Vice President of Microsoft’s in Silicon Valley. In the spring itus of the Forum for Women in Shanghai as Head of HR for Public Sector team in EMEA of 2003, he returned to the Entrepreneurs and Executives Bayer’s polymer business in in 2005. From 2000 to 2005, newspaper’s main office in and served as Treasurer of the the APAC region and in Beijing he led the central and eastern Frankfurt. State of California Board of from 1998 to 2001 as Head of European region division. Accountancy, on the board of HR for Bayer (China) Ltd. Liu Mühlfeit is Vice Chair of the the Demand Response Smart studied linguistics in Shanghai Supervisory Board of the Euro- Grid Coalition and the Execu- and education, political pean Academy of Business in tive Committee of the Nation- science and Anglo-American Society and Co-Chairman of al Center for Women and studies in Cologne, Germany. the European Industry Leader- Information Technology. ship Board on e-Skills.

9 © photocase Panel I 11:30 a.m. – 12:45 p.m.

The Era of E-Mobility? Concepts, Opportunities and Challenges of Building a New Energy Infrastructure

Full mobility with zero emissions: that’s e-mobility’s big promise. In the US, car buyers are slowly developing an interest in economical (hybrid) models. In Europe, armies of developers are conducting research on the drive systems of the future. But what is technically feasible and what makes economic sense? Who should pay for the massive investments and what will be outdated before it is brought on line? Despite all good intentions, full-fledged e-mobility is just as far away as transatlantic cooperation is on the road toward electrification.

Moderator Speakers

Brent Goff Nani Beccalli Murat Günak Jürgen R. Thumann Business News Anchor, President & Chief Executive Managing Director, President of BusinessEurope, Deutsche Welle Officer, GE Europe & North mia electric GmbH Vice President of BDI Asia,Chief Executive Officer, and Co-Chair of TABD Brent Goff is a Business News GE Germany Murat Günak is Managing Anchor for Deutsche Welle’s Director at mia electric, a The former President of the English-language program. He Nani Beccalli has been with Franco-German electric car Federation of German Indus- hosts a weekly business mag- GE since 1975. In January company. In 1986, he joined tries became President of the azine show on the network 2011, he was named President the Mercedes design team re- European industry and trade called “Made in Germany” & CEO of GE Europe & North sponsible for the first C-Class. association BusinessEurope and provides analysis of Amer- Asia and CEO of GE Germany. In 1994, he became a chief in 2009. He is also Co-Chair ican media, business and for- In his previous position as designer at Peugeot and of the TransAtlantic Business eign policy for numerous Ger- President & CEO of GE Inter- returned to Mercedes in 1998 Dialogue representing EU man radio stations. Goff has national, he successfully built as the lead designer of its business. Trained in wholesale received several scholarships up GE’s global team over nine passenger cars. Günak was as- and foreign trade, Thumann and fellowships in Germany years. Prior to that, he held signed with the management took over his parents’ business and currently teaches journal- leadership positions at GE of the design department at at age 19. In 1978, he founded ism at Touro College in Berlin. Capital and GE Plastics in Volkswagen Group in 2004, the Heitkamp & Thumann He previously held positions the US, the Netherlands and also working for its Skoda and Group where he serves today at CNN in Berlin and Washing- Japan. A native of Italy, Bentley brands. Since 2007, as Chairman of the Advisory ton, D.C. In 1995, he was Beccalli earned a master’s Günak has been devoting him- Board. In 2009, he also took awarded the Edward R. degree in chemical engineer- self primarily to vehicles with over the majority of Heitkamp Murrow Prize for excellence ing from the Polytechnic electric drive. He holds a mas- Bau Group and became Chair- in investigative journalism. University of Torino in Italy. ter’s degree from the Royal man of its Supervisory Board. College of Art in London.

11 © fotolia Panel II 3:45 p.m. – 5:00 p.m.

Where Are Sovereign Debt Crises, Financial-Market Turbulence and the Global Loss of Confidence Leading Us? The Future of the Global Financial Order

Sovereign debt crises in Europe and the US are triggering massive upheaval in financial markets. Due to their lack of compelling concepts and coordination, governments and central banks are fueling mistrust. The boundaries between monetary and fiscal policy are blurring. Is a new global financial order taking shape? What role will the United States’ dependence on its principal creditor, China, play? Can a relapse into a second recession still be avoided? And how can international companies continue to operate successfully under these conditions?

Moderator Speakers

Gerald Braunberger Erwin Faust Dr. Jörg Krämer Sandra Navidi Senior Financial Markets Member of the Executive Chief Economist, Chief Executive Officer, Editor, Frankfurter Allgemeine Board, Aurubis AG Commerzbank AG BeyondGlobal, LLC Zeitung Since October 2008, Erwin Dr. Jörg Krämer has been Chief Sandra Navidi is the Founder Gerald Braunberger became Faust has been CFO at Aurubis Economist and Head of the and CEO of BeyondGlobal, a business editor at the Frank- AG. After studying economics Research Section of Commerz - LLC. Previously, she was Direc- furter Allgemeine Zeitung in at St. Gallen Business School, bank AG since 2006. Previous- tor of Research Strategies and April 1988. In this position, he began his career at Otto ly, he held a similar position at Senior Relationship Manager he focused on national and Wolf Industrie-Anlagen GmbH Bayerische Hypo- und Vereins- at Roubini Global Economics international monetary policy, in Cologne. From March 1989 bank AG. Krämer began his (RGE). In 2001, she moved to banks and financial markets. until 1995, Faust worked at career in 1992 at the Kiel In- the US from Germany to work From May 1995 to July 2004, Volkswagen and managed stitute for the World Economy. as General Counsel at a multi- Braunberger served as a Paris- the set up of the controlling From 1996 to 1997, he served billion dollar asset manage- based F.A.Z. correspondent department during the take- as the economist for Germany ment company. Subsequently, in France. Following that, over of Skoda. Afterwards, at Merrill Lynch Capital Mar- she worked as investment he returned to the Frankfurt he held various management kets Bank Ltd. He then joined banker at broker/dealer. In Ger- headquarters as an editor for positions at VAW Aluminium Invesco Asset Management many, she was a manager in the Sonntagszeitung. He has in Bonn until 2007. Before Deutschland GmbH, where he the international capital mar- been Senior Financial Markets starting at Aurubis, Faust was initially served as a Senior kets department at Deloitte & Editor at the F.A.Z. since July also CFO at Novelis Europe as Economist and later became Touche, where she specialized 2007 and is also responsible well as for the European rolled Chief Economist. in alternative investment for the Business Books section products division of Alcan Inc. structures. Navidi is licensed of the paper. to practice law in the state of New York and in Germany.

13 Workshops I 2:00 p.m. – 3:15 p.m.

Deloitte: E-Mobility – Will Consumers Jump on the Bandwagon?

Is e-mobility gaining traction? The results of a global empirical Deloitte survey regarding the market potential of e-vehicles and the barriers to overcome from a consumer’s perspective will be presented and discussed in this workshop. Which role will public funding programs play in increasing the acceptance of e-vehicles and how will they influence market perspective?

Moderator and speakers

Frank Burkert Kerstin Dreizner Murat Günak Dr. Martin Hoelz Partner, Deloitte Hamburg, Senior Manager, Deloitte Managing Director, Partner, Deloitte Stuttgart, Service Line Leader Business Hamburg and Munich mia electric GmbH Head of Global Automotive Tax / R&D and Government Incentives As Senior Manager in Service Murat Günak is Managing Dr. Martin Hoelz joined Line Business Tax/R&D and Director at mia electric, a Deloitte as a Consulting Part- Frank Burkert is Partner and Government Incentives at Franco-German electric car ner in 2007. He leads the Service Line Leader of the Deloitte, Kerstin Dreizner leads company. In 1986, he joined global automotive industry Deloitte Service Line Business the Munich-based team. She the Mercedes design team re- practice. Hoelz has spent his Tax/R&D and Government In- has extensive experience in sponsible for the first C-Class. career in the automotive in- centives. He advises customers consulting national and inter- In 1994, he became a chief dustry since 1994, including in raising public funding for national companies in matters designer at Peugeot and several leading management investment and innovations of raising innovation and in- returned to Mercedes in 1998 positions in big automotive projects. His long-standing re- vestment funding. Particularly as the lead designer of its companies. His professional lationships with customers in in the areas of renewable passenger cars. Günak was as- experience ranges from the field of renewable energy ener gy and energy techno logy signed with the management me dium-sized companies to are a testament to his exten- she can look back on many of the design department at multi national corporations like sive expertise in this sec tor. years of expertise. Risk man- Volkswagen Group in 2004, Daimler AG, Audi AG and Furthermore, he has extensive agement and carrying out also working for its Skoda and Volkswagen AG. He holds a knowledge in the area of due diligence from a funding Bentley brands. Since 2007, PhD in business economics investment and innovation perspective are her additional Günak has been devoting him- from the Otto Beisheim Grad- funding on the federal, state areas of expertise. self primarily to vehicles with uate School of Management and EU level. electric drive. He holds a mas- and a master’s degree in ter’s degree from the Royal computer sciences from the College of Art in London. University of Heidelberg.

14 Workshops I 2:00 p.m. – 3:15 p.m.

Genworth Financial: Social Security Systems – A Burden for Companies Or an Investment in the Future?

On Jan. 1, 2012, the family care time law (Familienpflegezeitgesetz) will come into force. The law aims to improve the compatibility of work and care to meet the growing problem caused by social pressure emanating from an increasing number of elderly people requiring care, matched by increasing numbers of employees requesting time off to care for their relatives. Family care, thus, is representative of many developments in today’s social security systems. If applied strategically, the new instruments offer many opportunities for attracting and retaining qualified staff in the future.

Moderator and speakers

Alexander Hoffmann Dr. Josef Hecken Zhengrong Liu Country Manager and State Secretary, Federal Min- Group Head of Human Managing Director, istry for Family Affairs, Senior Resources, Lanxess AG Genworth Financial Germany Citizens, Women and Youth Zhengrong Liu has been Alexander Hoffmann is Man- Dr. Josef Hecken has served as Group Senior Vice President aging Director and General State Secretary in the Federal Human Resources at Lanxess Manager of the Lifestyle Pro- Ministry for Family Affairs, AG in Leverkusen, Germany, tection Division of Genworth Senior Citizens, Women and since 2004. With 15,000 em- Financial in Germany and Youth since 2009. Prior to this, ployees, the group generated Austria. Before joining the he was President of the Ger- global sales of approximately company, he was Head of man Federal Insurance Office. $10 billion in 2010. Before Sales at HBOS-efs and worked Hecken also served as Minister joining Lanxess, he was based for 20 years in executive posi- for Justice, Health and Social in Shanghai as Head of HR for tions at leading international Affairs in the German state of Bayer’s polymer business in finance institutions. As Man- Saarland from 2004 to 2008 the APAC region and in Beijing aging Director of cash.life, and was Chairman of the Bun- from 1998 to 2001 as Head of he introduced prize-winning desrat’s Healthcare Committee HR for Bayer (China) Ltd. Liu product innovations to the as well as Vice Chairman of studied linguistics in Shanghai market. Previously, Hoffmann its Legal Affairs Committee. and education, political was Director of Operations at He has also served as Chair science and Anglo-American AIG Financial Advisor Services. of the Conference of German studies in Cologne, Germany. State Ministers for Labor and Social Affairs.

15 Workshops I 2:00 p.m. – 3:15 p.m.

K&L Gates: The Future of Energy Supply – Renewables and Grid Expansion after the Energy Reform

Germany is facing a fundamental restructuring of its energy supply. The recently approved energy-reform package presents the energy industry with huge challenges. At the same time, the transition to new sources of energy offers unique opportunities. What incentives and tools for developing renewable energy do the reforms foresee? How can the expansion of the power grid be implemented and what measures are being taken toward grid integration? What strategies are energy suppliers employing as they adapt to new conditions and where are new market opportunities emerging?

Moderator and speakers

Dr. Christian Horn, LL.M. Dr. Christian Hullmann Dr. Armin Steinbach Counsel, K&L Gates LLP, Partner, K&L Gates LLP, German Federal Ministry of Berlin Berlin Economics and Technology

Dr. Christian Horn advises Dr. Christian Hullmann advises Dr. Armin Steinbach is an com panies, banks and inves - companies, investors and advisor to the Federal Ministry tors on M&A trans actions, the public sector on issues of Economics and Technology, joint ventures and corporate pertaining to administrative where he is responsible for law. He has extensive experi- law. As a specialist on renew- the expansion and integration ence in internatio nal trans - able energy, he has lent his of renewable energy into the actions across various indus- expertise to numerous wind, grid. By contributing his tech- tries, particularly in the energy biomass, geothermal and nical expertise, he played a sector. As part of the project photovoltaic energy projects. significant role in shaping the finance team for a leading US Hullmann also counsels clients recently passed Grid Expan- solar company, Horn also over- on whatever questions they sion Acceleration Act (NABEG). saw large cross-border solar may have about EEC regula- He previously worked as a power projects in Europe. tions. lawyer for an international He is also admitted to the bar law firm in Brussels and for of the state of New York. the World Trade Organization in Geneva.

16 Workshops II 5:30 p.m. – 6:45 p.m.

Commerzbank AG: Favorable Trade Winds – Renewable Energy in North America

Renewable energy in North America has great potential, but is a more complicated market to navigate given the lack of a long-term energy policy and the reliance on tax policy to support growth. Nevertheless, North America is attracting capital from across the globe as this market is viewed as a long-term growth area for renewable energy. This workshop aims to examine the key challenges facing the North American market as well as opportunities for German companies to support this growth market.

Moderator and speakers

Jim Boyle Henning von Gersdorff Dr. Jan-Philipp Gillmann Ulrich Link First Vice President MSB, Head of German Desk, Director, Center of Compe- Senior Relationship Manager, CoC Renewable Energies, Commerzbank AG tence Renewable Energies, Commerzbank AG Commerzbank AG Commerzbank AG Henning von Gersdorff has Ulrich Link has worked in the Jim Boyle is respon sible for worked for Commerzbank AG Dr. Jan-Philipp Gillmann is re - Corporate Banking depart- Commerzbank’s Renewable in various positions since sponsible for Commerzbank’s ment at Commerzbank AG for Energy activities in the North 1993. In 2008, the agricultural renewable energy activities. about 20 years. Since 2008, American market with a focus engineer assumed the position These include both corporate he has been employed as the on providing long-term financ- of Senior Relationship Man - banking to the relevant play- Senior Relationship Manager ing solutions for wind and so- ager and Head of the German ers in the industry, such as of the International Desk at lar transaction for the bank’s Desk North America at the manufacturers or developers, the Frankfurt branch. Before clients in this market. Boyle New York branch of the bank. as well as project finance in that, Link worked for Com- has been in his current role at Europe and North America. merzbank in South Korea and Commerzbank since 2007 and The combined portfolio Singapore. has over 10 years’ experience amounts to EUR 4.5 billion. in structured finance. Addition- Prior to joining Commerzbank ally, Boyle has held a diversity in 2008, Gillmann worked for of positions in the finance McKinsey & Company. in dustry during his 20-year career.

17 Workshops II 5:30 p.m. – 6:45 p.m.

Dräger Foundation: The Economic Impacts of Migration – Comparing the US and Germany

According to the World Bank, almost 43 million migrants live in the US, the world’s biggest immigrant country, and almost 11 million live in Germany, the world’s third biggest. What impact do immigrants have on economic development, labor markets and wages in their host countries? How do changing economic situations in turn affect the attractiveness of a country? The workshop will focus on differences in dealing with migration in the US and Germany and on immigration policies and regulatory requirements.

Moderator and speakers

Astrid Ziebarth Farhad Dilmaghani Tamar Jacoby Kiana Mardi Senior Program Officer, Director of Corporate Commu- President & Chief Executive Head of Business Develop- Immigration and Integration, nications, Marketing and Officer, ImmigrationWorks USA ment, Rocket Internet GmbH/ The German Marshall Fund Governmental Relations, Zalando GmbH of the United States European School of Tamar Jacoby is President Management & Technology and CEO of ImmigrationWorks A native of Tehran, Iran, Kiana Astrid Ziebarth is a Senior Pro- USA, a national federation Mardi studied Business Ad- gram Officer based in GMF’s After studying politics, busi- of small business owners ministration at the University Berlin office and currently ness and philosophy, Farhad working to advance better of California at Santa Barbara heads the Immigration and Dilmaghani began his career immigration law. She is author and the Ludwig Maximilian Integration program. She is re- in 1999 as a desk officer in of “Someone Else’s House: University, Munich. During sponsible for the Transatlantic the Federal Finance Ministry, America’s Unfinished Struggle her studies, she founded GA Forum on Migration and Inte- later moving to the Federal for Integration,” and editor of Communications & Events in gration and the public-opinion Chancellery. In 2005, he joined “Reinventing the Melting Pot: Munich. After receiving her survey Transatlantic Trends Allianz SE as Head of Issue The New Immigrants and degree, Mardi worked for on Immigration. She also co - Management. Since 2010, What It Means To Be Ameri- Swiss and German companies ordinated GMF’s Transatlantic he has headed Corporate can.” From 1989 to 2007, as a restructuring and project Study Team on Climate Communications, Marketing, she was a Senior Fellow at the manager, until she took up Induced Migration. Prior to and Governmental Relations Manhattan Institute. Before her recent position as Head joining GMF in September at the ESMT. In the same year, that, she was a senior writer of Business Development at 2005, Ziebarth worked with he helped found “DeutschPlus and justice editor for News- Zalando GmbH in Berlin in the Smithsonian Center for – Initiative für eine plurale week as well as Deputy Editor February 2010. She is a mem- Folklife and Cultural Heritage Republik,” a project that sup- of The New York Times op-ed ber of “DeutschPlus – Initia- and the Goethe Institute in ports migration and diversity. page. tive für eine plurale Republik.” Washington, D.C.

18 Workshops II 5:30 p.m. – 6:45 p.m.

Mayer Brown: Optimized Financing Structures for 2012

Expiring mezzanine programs that need to be refinanced, low equity or debt capital availability, rising growth that leads to increased investment needs, manifold new regulatory requirements: the need for financing and refinancing will be dominating the agendas of many businesses in 2012. This workshop will examine the legal and tax-law aspects of different financing forms (e.g., equity, mezzanine, bonds, loans) and will provide an overview of what you should consider in view of the current legal and economic developments in Germany and the US.

Moderator and speakers

Dr. Mark C. Hilgard Ralf-Friedrich Fahrenbach Dr. Manfred Heemann Dr. Simon G. Grieser Dr. Ingo Kleutgens Partner, Mayer Brown LLP, Partner, Mayer Brown LLP, Partner, Mayer Brown LLP, Partner, Mayer Brown LLP, Partner, Lawyer and Tax Frankfurt/Main Berlin Frankfurt/Main Frankfurt/Main Consultant, Mayer Brown LLP, Frankfurt/Main Dr. Mark C. Hilgard has exten- Ralf-Friedrich Fahrenbach Dr. Manfred Heemann focuses Dr. Simon G. Grieser advises sive experience on advising focuses his practice on cor - his practice on acquisition and international clients on all Dr. Ingo Kleutgens advises on German and US companies porate law, mergers and real-estate finance, private issues concerning banking all tax issues related to M&A, on their business activities and acquisitions (including cross- equity investments, financial and finance law, financial corporate, private equity, secu- cross-border issues as well as border transactions), restruc- services regulatory law and regula tory law and on securiti- ritization and other corporate representing them in litigation turing, joint ventures, and corporate finance issues. zations. He focuses on non- and finance law related trans- and arbitration procedures. litigation and arbitration. He has extensive experience performing and performing actions. He is a dual-qualified He focuses his practice on Fahrenbach worked with representing lenders, borrow- loan transactions, on which lawyer and tax consultant and commercial, business and cor- another major international ers and investors on their he advises sellers, investors heads Mayer Brown’s German porate law and he is the au- law firm before he joined business activities in Germany. and financiers. Grieser is a tax practice. Kleutgens is the thor of various publications Mayer Brown in 2006. Heemann heads the German frequent speaker at seminars Vice President of the Hessian on corporate law and litiga- finance practice at Mayer and conferences on banking Chamber of Tax Consultants tion issues. Hilgard is Chair of Brown, and is author of sever- and capital market topics and and a member of the Commit- the Regional Chapter Rhein- al treatises and articles on is author of several treatises tee on International Tax Law Main and Chair of the Corpo- banking, capital markets and and articles in this field. at the Federal Chamber of Tax rate and Business Law Com- financing law issues. Consultants. mittee of AmCham Germany.

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Additional information

Conference venues: We recommend the following accommodation:

Day conference, Nov. 9, 2011 We have reserved rooms at the Marriott Hotel Frankfurt that you can book by Marriott Hotel Frankfurt Oct. 11, by referencing “Transatlantic Conference.“ Hamburger Allee 2, D-60486 Frankfurt/Main Telephone: +49 69 7955 - 0 Please arrange room reservations and payment yourself.

Marriott Hotel Frankfurt Hamburger Allee 2, D-60486 Frankfurt/Main Telephone: +49 69 7955 - 2222 Overnight stay including breakfast: Standard single room 1170 Executive single room 1209

Evening event, Nov. 8, 2011 Commerzbank Tower Kaiserplatz, D-60311 Frankfurt/Main Telephone: +49 69 136 - 20

Registration and the latest program information are available at: www.transatlantic-marketplace.com

For questions on the day of the conference, please contact: Julia Knop, +49 173 6532247

21 Partners

Genworth Financial K&L Gates Mayer Brown LLP Alexander Hoffmann Meino von Oldershausen Dr. Mark C. Hilgard Martin-Behaim-Straße 22 Markgrafenstraße 42 Bockenheimer Landstraße 98–100 D-63263 Neu-Isenburg D-10117 Berlin D-60323 Frankfurt/Main Telephone: +49 6102 2918 - 140 Telephone: +49 30 220 029 - 455 Telephone: +49 69 7941 - 2271 E-mail: [email protected] E-mail: meino.oldershausen@ E-mail: [email protected] Internet: www.genworth.de klgates.com Internet: www.mayerbrown.com Internet: www.klgates.com

Media partners

Frankfurter Allgemeine Zeitung International Herald Tribune Hellerhofstraße 2–4 Jörg Müller D-60327 Frankfurt/Main Friedrichstraße 52 Telephone: +49 69 7591 - 0 D-60323 Frankfurt/Main E-mail: [email protected] Telephone: +49 69 716779 - 10 Internet: www.faz.net E-mail: [email protected] Internet: www.global.nytimes.com

22 Supporters

3M Deutschland GmbH Boehringer Ingelheim GmbH CMS Hasche Sigle Deutsche Lufthansa AG Günter Gressler Philipp Baum Dr. Matthias Lichtblau Rupert Christmann Carl-Schurz-Straße 1 Binger Straße 173 Lennéstraße 7 Lufthansa-Basis, FRA P/VX D-41453 Neuss D-55216 Ingelheim D-10785 Berlin D-60546 Frankfurt/M Telephone: +49 2131 14 - 2330 Telephone: +49 6132 77 - 2093 Telephone: +49 30 20360 - 1252 Telephone: +49 69 69628348 E-mail: [email protected] E-mail: philipp.baum@ E-mail: [email protected] E-mail: [email protected] Internet: www.3m.com ing.boehringer-ingelheim.com Internet: www.cms-hs.com Internet: www.lufthansa.de Internet: www.boehringer-ingelheim.com

Fidelity International FrankfurtRheinMain GmbH Fresenius SE & Co. KGaA General Electric Christof Quiring International Marketing of the Region Joachim Weith Gudrun Wengler Kastanienhöhe 1 Dr. Hartmut Schwesinger Else-Kröner-Straße 1 Leopoldstraße 8 D-61476 Kronberg/Taunus Unterschweinstiege 8 D-61352 Bad Homburg D-80802 Munich Telephone: +49 6173 509 - 3208 D-60549 Frankfurt/Main Telephone: +49 6172 608 - 2302 Telephone: +49 89 309072 - 111 E-mail: [email protected] Telephone: +49 69 686038 - 0 E-mail: [email protected] E-mail: [email protected] Internet: www.fidelity.de E-mail: [email protected] Internet: www.fresenius.com Internet: www.ge.com Internet: www.frm-united.com

Permira Beteiligungsberatung PricewaterhouseCoopers AG Robert Bosch GmbH GmbH Ernst-Wilhelm Frings Dr. Peter Biesenbach Ulrich Porwollik Olof-Palme-Straße 35 Bismarckstraße 71 Bockenheimer Landstraße 33 D-60325 Frankfurt/Main D-10627 Berlin 60325 Frankfurt am Main Telephone: +49 69 9585 - 1344 Telephone: +49 30 32788 - 515 Telephone: +49 69 971466 - 0 Internet: www.pwc.com E-mail: [email protected] E-Mail: [email protected] Internet: www.bosch.de Internet: www.permira.com

23 Organizers in cooperation with

Co-organizers

Partners

Supporters

Media partners