niri chicago 2005 annual meeting 1 niri-chicago chapter 2005 annual meeting june 5, 2005 –...

NIRI Chicago 2005 Annual Meeting 1

NIRI-Chicago Chapter2005 Annual Meeting

June 5, 2005 – Hollywood, Florida

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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