January / February 2003
(continued)

Upcoming Events

Stanford GSB Career Management event, New York - February 5

Stanford GSB Career Management Center are pleased to invite you to: 

On the Bridge to your Next Career: News and Tips 
Wednesday, February 5, 2003 
The Cornell Club (Ivy Room) 
6 East 44th Street 
New York
(212) 986-0300
6:00 pm - Registration and Networking Reception
7:00 pm - Panel Discussion & Questions and Answer
8:30 pm - Networking

For the first time in their careers, many excellent people find themselves searching for work. Some need to understand how to harness and maximize all of the resources and tools available. Others are seeking additional ideas to aid them in their search. Still others are looking for ways to become re-engaged following an absence from the workforce. This workshop has been developed to give you an additional competitive edge on the bridge to your next career. Topics to be discussed include:

* The local hiring environment
* What to do when you decide to re-enter the workforce
* Practical tips to use in a job search
* The best resources to access in a job search

Event Registration
Cost is $25 per person, which includes an hors d'oeuvres reception and beverages. No tickets will be mailed; your name will be at the door. Please register online at: http://www.gsb.stanford.edu/alumni/chapters/nycareer.html 
Space is limited so please register early to reserve your spot.

Panelists Bios:

Jennifer Bol, Partner, Heidrick & Struggles
Jennifer Bol is a Partner in the New York office and a member of the Education/Nonprofit and Knowledge Technologies Practices. With her background in strategy consulting and financial services, Jennifer has worked extensively with forward-looking clients in the education/nonprofit sector, helping them identify and recruit both traditional and non-traditional candidates to key leadership positions. She has recently completed searches for the Dean of the Stern School and the Provost at New York University. She is currently conducting the search for the President of Rockefeller University, the Dean of the Marshall School of Business at the University of Southern California, the Director of the Institute for Advanced Study and the Vice President of Development and Alumni Relations at the University of Pennsylvania. Jennifer brings a strong background in management consulting and financial services to her position. Prior to joining Heidrick & Struggles, she served as principal in Argus Information and Advisory Services, a consulting firm specializing in the financial services industry. Jennifer spent several years as Senior Vice President of Operations, Planning and Analysis at Young & Rubicam, Inc. and at Bankers Trust as Head of the Corporate Development Group and a Vice President in the Management Consulting Group. She also has significant experience as a strategy consultant having served as Head of the New York Office and the New York Strategy Practice for Gemini Consulting, formerly known as the MAC Group. Jennifer graduated from Smith College with a degree in Government and Economics and received her Master's Degree in Public and Private Management from Yale University.

Tony Brown, Director of Staffing, Bear Sterns
Tony Brown is the Director of Staffing for Bear Stearns. He joined Bear Stearns from the search industry, where he was a generalist with a core focus in the Financial Services industry. As a recruiter, he worked with the trading and sales, asset management, securities processing and corporate functions at Fortune 500 as well as start-up institutions. Tony was a Managing Director and Partner in the New York offices of Gilbert Tweed Associates and before that a Principal with Egon Zehnder International. Prior to executive search, Tony was a Managing Director at Bankers Trust Company, where he led the Management Consulting Group, a team of internal consultants that led projects across the firm. Tony began the consulting phase of his career in the Financial Institutions Practice at McKinsey & Company, where he was an Engagement Manager. Prior to consulting, Tony was Vice President of International Money Markets at Lehman Brothers in New York, where he developed a business in foreign exchange-based derivative/structured products. Tony launched his career in the manufacturing industry as a Manufacturing Analyst and Production & Inventory Control Supervisor at Cobe Laboratories, a producer of high-tech medical products in Lakewood, Colorado. Tony received an MBA from Stanford Business School and a Bachelors degree in Engineering and Applied Sciences from Harvard University. While in business school, Tony spent time with Citibank in London and Paris, conducting a survey of the French derivatives markets. He is a member of the Boards of Directors of the Association of Internal Management Consultants and the Academy of Finance, in New York. He is a certified member of the American Production and Inventory Control Society

Patrick Feehan, Director, Global Staffing, Colgate-Palmolive Patrick Feehan, Director, Global Staffing at Colgate-Palmolive, has over 11 years experience in Human Resources and Staffing roles. He was hired into his current role approximately a year and a half ago and was charged with developing and implementing global staffing policies, processes, systems and tools. Additionally, he is also actively involved in executive recruiting and succession planning. Prior to joining Colgate, Patrick had stints at Prudential, Allied Signal and Merck. Before making the jump into Human Resources, he worked as a high school and college basketball coach. Patrick has a BA in English from Spring Hill College and a Masters in Education from East Stroudsburg University Marcy Lerner, Director of Content, Vault, Inc. As Director of Content at Vault, Inc., Marcy Lerner oversees the research, production, and editing of all of Vault's career guidebooks and online content. At Vault since 1997, Marcy has co-authored several books about careers, including Vault's best-selling Vault Guide to Consulting Firms, Vault Guide to McKinsey Co. and the Vault Guide to the Top 100 Law Firms. She graduated from the University of Virginia with a BA in history and holds an MA in history from Yale University.

Michael Melcher, Career & Life Coach
Michael Melcher is a career and life coach based in New York. He works privately with clients on job search, career transition, enterprise start-up and creative emergence, and also leads career action workshops for professionals (www.careeractiongroups.com <http://www.careeractiongroups.com>).
Prior to developing his coaching business, Michael was the founder and CEO of World Citizen, Inc., a venture-backed internet start-up that specialized in online immigration services. His professional experiences also include working as a securities lawyer with Davis Polk & Wardwell in New York, as a management consultant, and as a Foreign Service Officer with the U.S. Government, serving in India and Taiwan. During the past year, he has provided consulting services for The Soros Foundation and, on a pro bono basis, for The New York Times Foundation 9/11 Neediest Cases Fund. Michael writes both fiction and non-fiction. His collaboratively written novel, The Student Body, was published in 1998 by Random House/Villard. He is currently writing his second book, The Creative Lawyer, a self-help book for attorneys. Michael holds an MBA from Stanford University's Graduate School of Business, a JD with honors from Stanford Law School, and a BA, magna cum laude, from Harvard College. His coaching training is from The Hudson Institute of Santa Barbara, California.


Stephen A. Balogh, Founder, PontusOne (moderator)
Mr. Balogh recently founded PontusOne, providing world-class executive search and consulting services to the young technology companies of Europe and the U.S. as they bridge the Atlantic. He also offers executive development services to both individuals and organizations. Until Feb. 2002, Mr.. Balogh was a Managing Partner of David Powell, Inc., a Silicon Valley based executive search firm. Since joining the firm in 1997, he focused on executive recruiting for early-stage companies and supporting the rapid growth of the firm's human resource consulting practice. Prior to joining David Powell, Inc., Mr. Balogh served more than twenty years in various managerial positions at Raychem Corporation, a multibillion-dollar, international material science company. Most recently, Mr. Balogh was Raychem's first-ever Corporate Vice President, Human Resources. In that position, he introduced a new process to create a unique human resources strategy and built a global human resources organization. He has been recognized for several human resource innovations, including a unique employee career center that provided tools, resources, and services to support employee career management needs. Earlier, Mr. Balogh was General Manager for Chemelex, a worldwide division of Raychem where he was involved with building a global sales organization, implementing market-based product lines, and revitalizing the manufacturing operations. Mr. Balogh's extensive global business experience with Raychem includes expatriate assignments in both Brussels and Paris. Mr. Balogh holds a BS, Chemical Engineering from Cornell University and an MBA from the Stanford Graduate School of Business. He has served on the Board of Advisors for the Center for Effective Organizations at the University of Southern California, and chaired the Conference Board Human Resources Council. He presently contributes to the Business Advisory Council for IMD (International Institute for Management Development) in Lausanne, Switzerland. Mr. Balogh has also recently served as President of the Board of Directors of Rebuilding Together, Peninsula Chapter.

 

Upcoming Kellogg Alumni Club of New York Events

Winter 2003

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Wednesday, February 5th: “Marketing Institutional Securities in a Challenging Environment”, a Fireside Chat with Don Callahan, Managing Director and Global Head of Marketing for Morgan Stanley

Join the Kellogg Alumni Club of New York (KACNY) for a Fireside Chat with Don Callahan, global head of marketing for Morgan Stanley. Mr. Callahan is responsible for global marketing and business development across all lines of Morgan Stanley’s institutional business, including Equities, Fixed Income and Investment Banking. A seasoned marketing executive, Mr. Callahan’s experiences have included a wide range of initiatives within Morgan Stanley’s institutional securities business as well as within various international divisions at IBM. 

Event Details
Wednesday, February 5th 
6:30 p.m.- 8:30 p.m.
Cocktail and hors d’oeuvres reception followed by an informal discussion with Don Callahan, global head of marketing for Morgan Stanley. Cocktails will begin promptly at 6:30 p.m., followed by the Fireside Chat at 7:00 p.m., followed by additional discussion after the actual chat. The event will end at approximately 8:30 p.m.

Registration and Information
Check out the KACNY Web site for more details; registration will be handled by Acteva:

http://www.kellogg.northwestern.edu/alumni/clubs/usclubs/newyork/index.htm  

http://www.acteva.com/booking.cfm?bevaID=41387 


Speaker Biography
Don Callahan is managing director and global head of marketing for Morgan Stanley. He is responsible for creating targeted and customized value propositions for Morgan Stanley’s institutional clients across all products and services. Previously, Mr. Callahan was responsible for Morgan Stanley’s Institutional Equity Division’s strategic marketing and client technology initiatives. Prior to joining Morgan Stanley in 1993 as director of marketing for the Equity division, Mr. Callahan was director of marketing for the Asia Pacific Group at IBM and director of corporate strategy for IBM Japan. Mr. Callahan is a graduate of Manhattanville College where he received a B.A. in History.

Sponsored by KACNY’s Wall Street Group and Marketing Group.

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Saturday, February 8th: MBA Update and Leadership Series “Understanding Derivatives—The Key to Financial Decision-Making”

Join the Kellogg Alumni Club of New York (KACNY) and the Kellogg School of Management for a one-day seminar on derivatives hosted by Kellogg Finance Professor Robert McDonald. Professor McDonald will offer a morning classroom session on the role of derivatives in modern finance, a topic at the core of his new book, Derivatives Markets. A panel discussion in the afternoon will address the challenges and changes concerning options and compensation - issues facing both individuals and corporations.

Whether you are a Wall Street veteran, where derivatives are a part of your everyday life, or in an unrelated, non-financial field, this is your opportunity to learn from Professor McDonald who literally "wrote the book" on derivatives. A classic morning academic experience will be complemented by an invigorating dialogue and exchange in the afternoon led by a panel of Kellogg alumni and attendees.
Professor McDonald will show how an understanding of derivatives markets is essential in many areas of finance. Thirty years ago this spring, Fischer Black and Myron Scholes published the Black-Scholes formula. Their article provided an approach to pricing options that helped revolutionize financial markets. Today, financial literacy requires an understanding of derivatives in general and options in particular. This MBA Update illustrates the importance of derivatives with these examples: their use in real investment decisions by firms, executive compensation and related financial strategies by firms, and strategies for deferral of capital gains taxes. Leaders in all fields will benefit from this opportunity to "update" their MBAs.

For more details and registration information, please visit the KACNY Web site at:

http://www.kellogg.northwestern.edu/alumni/services/mbaupdate/nyc2003.htm  

If you are registering as a non-Kellogg alum, please put note “NYBSC” as the Kellogg alum who is sponsoring you.

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Tuesday, March 4th: “In Brands We Trust”

Join the Kellogg Alumni Club of New York and the Medill Club of New York for this exciting panel:

In the past year, businesses have encountered an increasingly challenging environment. Faced with a global recession, an imminent war, widespread corporate accounting scandals, a tech/telecom meltdown, and eroding consumer confidence, businesses are now reconsidering their own marketing and branding strategies. They are now asking how they need to reposition their brand(s) and thus their identities to survive and grow in these harsh times. 

In this event we hope to explore: 

1. How brands (products, services, corporate identity) have been impacted by these harsh times? 
2. How consumer behavior and impression of brands have changed? 
3. What role brands have in the future? 
4. What are some of the brand strategies companies should employ in this environment? Strategies that impact: 
· Product – Development 
· Price 
· Placement – Distribution Channels 
· Promotion – Advertising, Internet, PR, Trade Sales, Promotions, Direct Marketing, Event Marketing, and Corporate Communications 
· The Consumer & Brand Gatekeepers 
5. How can we measure the effectiveness of these strategies? What are some ways we can define and measure shareholder value and ROI in branding initiatives? 

Speakers
We will have a maximum of 5 panelists speaking from a variety of agency, academic and client perspectives. 

· Stuart Elliott, Advertising Columnist, New York Times 
· Frank Mulhern, Professor and Chair of Integrated Marketing Communications Program at Medill
· Barry Hepburn, Managing Director of Brand Finance USA. (Brand Finance specializes in brand valuation, evaluation, tracking, measuring, economics, strategy and communications) 
· Thomas Troland, Director of Development at Meredith Corporation (insights to consumer behavior on branding) 
· TBD—Publicis Dialog (agency perspective) 

Registration and Information
Location, costs and registration information TBD—check out the KACNY Web Site in late January for more details:

http://www.kellogg.northwestern.edu/alumni/clubs/usclubs/newyork/index.htm 

 

Job Openings at Pernod-Ricard USA

December 17, 2002
Please be advised that the Human Resources department is currently seeking candidates for the following positions:

Title: Manager of Financial Planning and Analysis, reporting to Donna O'Shea, Sr. Manager Financial Planning and Analysis
Minimum requirements: a BS degree in finance or accounting with an MBA preferred plus 5-7 years experience in financial analysis/planning. Significant experience in brand planning/profitability, P&L preparation and analysis of variances. A working knowledge of cost accounting and manufacturing is preferred. Bilingual, English/Spanish is requested however, not required.
Responsibilities: Develop and track brand P&L's/financial targets; analysis of actuals highlighting issues and opportunities for Senior management; tracking trends to assist in forecasting brand performance and profitability. Preparation of budget.

Title: Global Brand Manager (Gin/Gin & Juice), reporting to Paul Campbell, Global Director Seagram's Gin.
Minimum requirements: MBA with 2 years of brand marketing experience or a BS degree in marketing or business administration, with 5 years of brand related marketing plus proficiency with MS-Office software.
Responsibilities: Development and execution of marketing strategies to include advertising, trade, promotion, new product/packaging, retail standards and pricing. Lead new product development for US, domestic export and duty free markets from concept to launch.

Title: District Manager (Oregon), reporting to Jim Bennett, Regional Manager (Northwest, AK) Western Division.
Minimum requirements: A BA/BS degree with additional training in sales skills and MS-Office plus 1-2 years of previous sales management experience in the wine and spirit industry.
Responsibilities: Manage and motivate distributors to successfully execute all programs including distribution POS displays and shelf management to achieve the predetermined case volume sales. Training the distributor sales force and trade personnel on Pernod Ricard USA's products to ensure proper promotion levels.

Interested individuals should contact Paul Palermo in the Human Resources department via e-mail.

 

Change in the U.S. Immigration Law Affecting H-1B (Specialty Occupation) Nonimmigrant Visa Holders Who Have Pending Labor Certification Applications

Thursday, November 14, 2002 

On November 2, 2002, a new U.S. immigration provision was signed into law which allows certain individuals who hold H-1B (specialty occupation) nonimmigrant visa petition status to extend in one-year increments their stay in the U.S. in H-1B visa status beyond the normal six year limitation. While the law has been signed, the regulations (the procedures) for implementing it have not yet been drafted. 

Normally, foreign nationals are only permitted to remain in the United States in H-1B (specialty occupation) nonimmigrant visa status for a maximum of six consecutive years. Time spent in H-4 (Derivative Beneficiary) visa status, L-1A (Intracompany Transferee) visa petition status, and L-2 (Derivative Beneficiary) visa status also counts towards the six year cap. After the six year period, individuals are required to be physically present outside of the United States for one full year before being eligible to once again apply for H-1B (specialty occupation) nonimmigrant visa status. 

Two years before November 2002, The American Competitiveness in the Twenty-First Century Act ("AC21") provided that individuals holding H-1B (specialty occupation) nonimmigrant visa petition status could extend their H-1B visa status in one-year increments if (1) they were the beneficiary of either an INS employment based I-140 immigrant visa petition or an INS form I-485 adjustment of status application and (2) one year or more had passed since the filing of either a labor certification application or an I-140 immigrant visa petition on their behalf. 

The 21st Century Department of Justice Appropriations Authorization Act, which was signed into law on November 2, 2002, has amended AC21 to allow individuals who hold H-1B visa status to extend their stay in H-1B visa status beyond the six year limitation in one (1) year increments if at least one year has passed since the filing either of a labor certification application on their behalf with the Department of Labor or of an I-140 employment based immigrant visa petition on their behalf with the Immigration and Naturalization Service. 

Under this new law, H-1B visa status holders therefore are not required to have an I-140 immigrant visa petition or an I-485 adjustment of status application pending in order to file for extensions of H-1B visa status beyond six years, as long as they are the beneficiary of a labor certification application which has been pending with the Department of Labor for at least one year. If the visa holder's labor certification application, I-140 employment based immigrant visa petition, or I-485 adjustment of status application is denied, the extended H-1B visa status (beyond six years) will automatically terminate on the same date. 

This new provision of law will greatly benefit the many individuals in H-1B visa status whose labor certification applications have been pending for more than one year due to the severe Federal and State Department of Labor backlogs and who, because of that delay, have not been eligible to file either an I-140 employment based immigrant visa petition or an I-485 adjustment of status application with the Immigration and Naturalization Service. 

Additionally, individuals who have held H-1B (specialty occupation) visa status for fewer than five years and who have not yet filed labor certification applications should strongly consider filing labor certification applications as soon as possible to preserve this benefit. Now if the labor certification applications are pending for at least one year prior to the date on which the individuals reach their six year cap in H-1B status, those individuals will be able to apply for extensions of their H-1B (specialty occupation) nonimmigrant status in one-year increments. 

 

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