niri chicago 2005 annual meeting 1 niri-chicago chapter 2005 annual meeting june 5, 2005 –...
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NIRI Chicago 2005 Annual Meeting 1
NIRI-Chicago Chapter2005 Annual Meeting
June 5, 2005 – Hollywood, Florida
NIRI Chicago 2005 Annual Meeting 2
NIRI-Chicago Chapter:Who We Are
• Ranks 4th of all NIRI chapters based on size with more than 200 members
• NIRI Awards:
– Best Large Chapter - 2004
– Best External Program - 2004
• Member roles:– Corporate 76%– Consultant/Service Provider: 13%– Associate Members: 9%– Academic/Honorary: 1%– Trading Exchanges 1%
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NIRI-Chicago Chapter:Who We Are
• Market cap:– >$5B (Large cap): 36%– $1.5B-$5B (Mid cap): 21%– $500M-$1.5B (Small cap): 29%– <$500M (Micro cap): 14%
• Top 5 industries represented by members:– Service industries – Financial services– Manufacturing – Consumer products– Medical products
• Exchange membership:– NYSE: 55% – AMEX: 6%– NASDAQ: 34% – Foreign exchanges: 6%
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NIRI-Chicago Chapter:Mission
• To set the highest standards in education designed to advance the practice of investor relations
• To meet the professional development needs of those engaged in investor relations
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NIRI-Chicago Board:2004-5 Year
• Officers– President: Steve Carr– Executive Vice President: Dave Prichard– VP-Programs: Bill Chapman– VP-Membership: Jon Hubbard– VP-Communications: Ruth Venning– VP-Treasurer: Christine Hanneman
• Directors– Chair: Cindy Klimstra – Tom Laughran– Chris Curtis – Jean Medina– John Kroen – Bill Parke
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Election Results: NIRI-Chicago Board 2005-6
• Officers– President: Dave Prichard– Executive Vice President: Bill Chapman– VP-Programs: Ruth Venning– VP-Membership: Jon Hubbard– VP-Communications: John Kroen– VP-Treasurer: Christine Hanneman
• Directors– Chair: Steve Carr – Mary Ryan– Lisa Ciota – Tom Laughran– Chris Curtis – Bill Parke– Cindy Klimstra
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NIRI-Chicago Committees
• Workshop Committee – Kevin Kelly, chair
• CFO Award of the Year – Cindy Klimstra, chair
• Meet and Greet Committee – informal; utilizes Volunteer Network
• Sponsorship Committee – Chris Curtis, chair
• Nominating Committee
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2004-5 Goals
1. Create stronger sense of community among NIRI-Chicago members
2. Help our members do their jobs better through advanced education and networking opportunities
3. Establish an active Volunteer Network
4. Improve Board efficiency
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Key Accomplishments forthe 2004-5 Year
• Held most successful IR workshop to date• Provided member-driven chapter programs• Arranged alternate program times and locations to
meet needs of membership • Generated regular media promotion of chapter
events; cross-promoted with area organizations• Further streamlined the Board process• Enhanced chapter website; kept up-to-date• Promoted more effective communication with NIRI
and other chapters
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2004-5 Goals – Progress: Community
1. Create stronger sense of community among NIRI-Chicago members
– Networking events: Held 3 casual, small-group get-togethers in northern and western suburbs and downtown. Well received. Attracted members who cannot usually attend meetings.
– Website: Enhanced and kept the site up-to-date to make it a valuable resource for chapter news and information.
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2004-5 Goals – Progress: Professional Development
2. Help our members do their jobs better through advanced education and improved networking opportunities
– IR Workshop
– Triad Awards
– Partner events and association cross-promotions
– Networking events
– Program poll
– Program brochure
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2004-5 Goals – Progress: Volunteer Network
3. Establish an active Volunteer Network
– Membership poll: Solicited volunteers during membership poll
– Provided new resource: Calling trees
– New leaders discovered: Volunteers now taking bigger roles in committees, increasing member participation in chapter. Facilitates succession planning
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2004-5 Goals – Progress: Board Efficiency
4. Improve Board efficiency
– Set clear expectations
– Reduced board meetings
– Improved teamwork
– Safeguarded fiscal responsibility
– Generated strong Board member retention
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2005 Membership Survey
• 25% response rate
– Practitioners-corporate: 74%
– Practitioners-consultants: 25%
– Service vendors: 1%
• Surveyed:
– Desired program topics
– Key aspects of the chapter
– Suggestions for improvement
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What You Told Us: Top Ranking Aspects
• Aspects rated highest in survey:
– Openness to new ideas
– Chapter leadership
– Monthly topics and speakers
– Communication with membership
– Networking benefits
– Volunteer opportunities
– IR Workshop
– Triad Award and Annual Report Roundtable
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What You Told Us: Suggestions for Improvement
• Aspects cited for improvement:– Annual kick-off or wrap-up event– Better communication and new member
development– Continuing to include other chapters and PR/IR
organizations in mailings– More focused topics for senior-level IROs– More interactive programs and discussions– More workshop types of events– More Chicago-specific information
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Any Additional Suggestions?
• We’d like your input on how to improve the chapter even further:
– Chapter events– Event locations– Ways to promote more active member
participation– Any other ideas/comments/suggestions
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2005-6 Year
• Will be developing 2005-6 chapter goals during July Board planning meeting
• Intend to continue providing insightful and useful programming, member benefits and enhanced communication
• Intend to complete our long-range planning
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Long-Range Planning
• Ensures chapter is fulfilling its mission• Facilitates effective shorter-term planning• Mapped against NIRI National and chapter goals • To include long-term goals for:
– Communications– Membership– Program – Treasury
• Dave Prichard is driving development
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Upcoming Events
• End-of-the-Year Event: June 22, Bin 36
• Triad Awards solicitation: through June
• Board annual planning meeting: July 6
• 2005 IR Workshop: Sept. 15-16
See NIRI Chicago website for more information – www.niri-chicago.org
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Q&A; Additional Feedback
NIRI Chicago always welcomes your ideas and suggestions
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NIRI-Chicago Chapter:Objectives
• To build a strong, attractive investment market by assuring equitable opportunities for every investor
• To work for better communications among corporate management, shareholders and the investing public
• To improve the techniques of investor relations through research, education and publication
• To encourage high ethical and professional standards in the investor relations function in corporate management
• To provide a forum for its members to present their views, to share experiences, to create and test investor relations policies, and to broaden the understanding of investor relations matters