San Diego Chapter FEI Newsletter May 2013
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FEI San Diego Chapter Newsletter May 2013 Volume 2013 — No. 5 President’s Corner “Papa Doug” Manchester Breakfast Draws Financial Executives May 9 Gregory Hanson Interested financial executives can enjoy SDFEI President the company of a peer whose “empire” First Cornerstone extends from office developments to hospi- tality to restaurants to banking to retail to industrial to residential, even to aviation fixed-base operations – all free of charge – in a fabulous San Diego meeting place, May 9, when SDFEI meets Douglas (Papa Closing a Chapter, Ready to Start Anew Doug) Manchester at a complimentary Leadership Breakfast in the beautiful As I look back on my presidency for the 2012-13 Grand Del Mar Resort and its “Club M” fiscal year, I think about all the great programs we next door. had throughout the year. If you were unable to be at Registration for this event is “first-come-first-served”, and all the dinners, here is what you might have missed there is no restriction on the number of complimentary registrants per Member company. However, due to space constraints at and what you should expect for the coming year: Club M, registrations will be cut off at 100. So please register Closing a Chapter – Looking back on our out- early for this interesting SDFEI happening! You may register at standing fiscal year, we started in September with [email protected]. Or call Paul at 619.871.4335. Timeline: Navy Captain Jason Ehret who shared his eye- Registration desk opens at 7am; Continental Breakfast at opening experiences as a Navy SEAL and security 7:30am; and insights from Mr. Manchester at 8am. strategist. San Diego Business Journal CEO Randy Douglas Manchester is chairman of Manchester Financial Frisch moderated the lively October Mayoral De- Group. He is a true industrialist with accomplishments on a na- bate between Congressman Robert Filner and City tional and international scale in telecommunications, radio broad- Councilman Carl DeMaio. In November CON- cast, medical instrumentation, publishing, and real estate devel- NECT CEO Duane Roth shared with us CON- opment. NECT’s role in San Diego including formation and “Papa Doug” is considered father of the San Diego Convention development of more than 3,000 companies, and Center after his generous contribution of the property for its de- velopment. The completion of the second largest Marriott and identified nine industry innovation/convergence Hyatt hotels in the world anchored its success and gave birth to “clusters” in the process that are now going strong the vast downtown redevelopment still continuing today. in San Diego (Can you guess them? See elsewhere in this newsletter for the answer). Currently, he is Chairman and Publisher of the San Diego Starting in 2013 we held our traditional January Union Tribune. “Dinner with the SEC” that was headlined by newly A graduate of San Diego State University, he is a former appointed Chief Accountant Paul Beswick, who trustee of the University of San Diego and Wake Forest shared the latest on what’s going on with the SEC University, founder of the San Diego Chapter of the Alexis among our largest annual audience of 340 attendees. de Tocqueville Society and currently serves as a Member of the Sanford Burnham Medical Research Institute Board continued on page 5) of Trustees, among many other posts. FEI SAN DIEGO CHAPTER Newsletter Editor: Paul Pierpoint Speakers Highlight Chapter Meetings Post Office Box 13054 September 19, 2013 La Jolla, CA 92039-3054 James H. (Jim) Lambright Phone: 619-231-5953; 619-871-4335 (cell) Sempra Energy Fax: 1-619-231-5958 Email: [email protected] James H. Lambright is senior vice president of Website: www.financialexecutives.org corporate development for Sempra Energy, directing the company’s investments, strategic partnerships, May 9, 2013 NEW DATE and acquisitions. Lambright’s earlier leadership roles Grand Del Mar Resort (Club M) include four years as chairman and CEO of the U.S. Registration & Networking 7:00am Export-Import Bank, an independent government “Leadership Breakfast” 7:30am corporation based in Washington, D.C., responsible Presentation by Host: 8:00am for financing U.S. exports to more than 150 coun- Douglas (Papa Doug) Manchester tries. During his tenure, Lambright transformed Ex- Manchester Financial Group Im Bank into a self-financing institution operating without taxpayer funds. During the financial crisis Summer 2013 of 2008-2009, Lambright served as chief investment officer of the U.S. Watch for information on “Special Events” Treasury Department's $700 billion Troubled Asset Relief Program later this year. (TARP). He led structuring, negotiation, and management of 600 invest- ments in the country’s largest banks, insurers, and auto manufacturers. September 19, 2013 He has also worked in private equity and renewable energy. Lambright Marriott Del Mar graduated with honors from Harvard Law School and with distinction from Board of Directors 3:15pm Stanford University. Professional Development Seminar 4:30pm He is a Henry Crown Fellow of the Aspen Institute and serves on the Networking Reception 5:30pm board of PeacePlayers International, a Washington, D.C.-based nonprofit Dinner with Jim Lambright, 6:30pm organization. Sempra Energy Presentation 7:30pm October 17, 2013 November 21, 2013 Marriott Del Mar Rear Admiral Dixon Smith, USN Board of Directors 3:15pm Commander, Navy Region Southwest Professional Development Seminar 4:30pm Networking Reception 5:30pm With command responsibility for NAVBASES Dinner with Guest Speaker 6:30pm San Diego, Coronado. Point Loma and Ventura Presentation 7:30pm County — over 111.000 active-duty and reserve military, civilian and contract personnel —RADM November 21, 2013 Smith also serves as regional environmental coor- Marriott Del Mar dinator for California, Arizona and Nevada and Board of Directors 3:15pm coordinates and oversees environmental compli- Professional Development Seminar 4:30pm ance actions with local, state and federal regulatory Networking Reception 5:30pm agencies. Additionally, his Region is responsible Dinner with RADM Dixon Smith, 6:30pm for planning and coordinating Department of the Commander, Navy response to civil emergencies within the U.S. Navy Region Southwest states of Nevada, Utah, Colorado, Arizona and California. Presentation by RADM Smith 7:30pm Admiral Smith holds a master’s degree in Business from Webster Univer- sity and is a graduate of the Army Command and General Staff College at Fort Leavenworth, KS. North Island is headquarters for four major military flag officer staffs Receiving the Newsletter including Commander Naval Air Forces, and supports 21 squadrons and more than 220 aircraft. Its piers are homeport to two major aircraft carriers, SDFEI's May newsletter is being e-mailed and is also being mailed to Members and Sponsoring the USS Nimitz and the USS Ronald Reagan. Naval Base San Diego is Partners via USPS, unless you wish to “opt out” homeport to 37 U.S. Navy ships, two U.S. Coast Guard cutters and ships of for one or the other. If you prefer to receive the the Military Sealift Command, as well as research and auxiliary vessels. newsletter electronically-only, and to not re- Recently the base welcomed the Navy’s newest and most advanced 21st ceive the redundant USPS mail version, simply advise [email protected] and your USPS mail- Century fleet platforms, Littoral Combat Ships. Naval Base Point Loma ing label will be removed from the SDFEI snail- provides shore installation support to more than 64 tenant commands with mail newsletter distribution process. 22,000 military and civilian personnel and more than 450 unique facilities. 2 SDFEI Membership Growing Financial Executives Ensure Leslie Levinson San Diego Foundation Future Success With Integrity By Jeff Lanza As Vice President and Chief Finan- Retired FBI Agent cial Officer of The San Diego Foun- The Lanza Group dation, Leslie Levinson provides oversight of all financial, administra- Wearing a wire for the FBI is not tive and information technology op- as risky as it used to be. erations for the organization. Addi- Recently, a public official in New tionally, Leslie serves as organiza- York State patted down a under- tional ambassador and liaison to ex- cover agent to check for a tape ternal constituencies on finance- recorder before he took a $30,000 related issues. bribe. No recorder was found, the Leslie is a member and president of the California bribe was paid and the official was arrested. Ballet Association Board of Directors and its Execu- Jeff Lanza tive Committee; additionally, she is a member of the The recorder was not discovered Board of Directors and Audit Committee for Walden during the pat down because FBI “wires”, as most Family Services. electronics, have become miniaturized. This has She holds a bachelor's degree in business administra- made life less risky for undercover operatives and tion and accounting from San Diego State University, more risky for those who violate a public or a client and is a certified public accountant (CPA). trust, of which there have been many in recent months. SDFEI Sponsoring Partner . Topping the list are arrests and convictions across many occupations: hedge fund managers, investment bankers, wealth managers, elected officials and Mills Is SDBJ President-Publisher school administrators, to name a few. The common- The San Diego Business Journal, an SDFEI Sponsor- ality in these cases was a faded culture of integrity, ing Partner, named a new president and publisher — a which substantially increases the risk of employees familiar face — Armon Mills, who returned to SDBJ last rationalizing their behavior and stepping over ethical month. and legal lines. Mills replaces Randy Frisch, who had been the presi- An organization’s vision and mission gives leaders dent and publisher for more than two years. Frisch has an effective starting point in setting a strong ethical been named vice chancellor of business and administra- culture.