Reservations Requested

Call 417-1000

before noon Friday, April 9

Planning Calendar

5:30 p.m. Networking

6:15 p.m. Dinner

7:00 p.m. Program

Paradise Valley Country Club

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8:30 a.m.

United Planners office

For information, please call Tom Schaefer at

991-0225 or Joe Warren at 437-1520, x-193

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5:00 p.m.

Tosco Corp.

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6:00 to 9:00 p.m.

Desert Botanical Gardens

Spouse or significant other invited

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The Business of Managing a

Nationally Ranked Business School

Larry E. Penley, Dean of the ASU Main College of Business, will address the business of business education in a large, rapidly growing urban center. He will discuss the national phenomenon of "privatization of public education" and the challenges of rapid growth in demand for all forms of business education in the Valley. Mission priorities in multi-campus system are matters of extensive dialogue that help form the university's vision for the next decade and beyond.

The ASU College of Business is ever mindful of its responsibilities to its students and society. Over the last decade, under Dean Penley's leadership, the College has aggressively pursued curriculum innovation culminating in many accolades for the College and national rankings for several of its programs. The day MBA program at ASU Main, for example, is currently ranked 13th among public institutions.

Dean Penley was raised in Kingsport, Tennessee. His undergraduate degree was earned at Wake Forest; his doctorate is from the University of Georgia. Dean Penley previously taught in Mexico, Venezuela and at the University of Texas at San Antonio. He previously served as Chairman of the ASU Management Department and is President-elect of the American Assembly of Collegiate Schools of Business.

Also attending the April meeting will be faculty and student representatives from the state's four senior universities: Arizona State University Main, Arizona State University West, Northern Arizona University and University of Arizona. The chapter will recognize the outstanding student from each institution's accountancy program with a plaque and a check for $500. Introductions will be made and the students will tell us their plans for the future.

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6:15 p.m. Dinner served 7:00 p.m. Program

The April meeting of FEI will take place on TUESDAY, April 13^th, not Wednesday. Please note on your calendar that the APRIL FEI meeting will be held TUESDAY, April 13. Also, we will start at 5:30 p.m. with networking and dinner at 6:15 p.m.

Meet the Officer Candidates

Tom Kerins is a financial consultant, CPA (licensed in Arizona and Indiana), and part-time accounting instructor who lives in Scottsdale with his wife, Shirley. Tom joined FEI in 1990 and has devoted many hours of volunteer service to the Membership Committee. Tom joined the Arizona Chapter in 1994 when he moved to the Valley from Indianapolis, Indiana where he served for over 20 years as CFO of a privately held consulting firm.

Kevin Ryan is the Corporate Controller at Integrated Process Equipment Corp. here in Phoenix. Kevin came here from Doylestown, Pennsylvania in 1995. He joined FEI National in 1988 and the Arizona Chapter in 1996. Kevin has served as the Treasurer of the Arizona Chapter for the past year, creating a sound budget and making sure the Chapter remained financially stable.

Neil Ciarfalia is the Treasurer of AZTAR Corporation in Phoenix. Neil, his wife, Susan, and their children live in Paradise Valley. They were the hosts for the FEI Spring Social last year. Neil served as Vice President during the 1998-99 season for the Arizona Chapter. Neil joined FEI National and the Arizona Chapter in 1996.

The Arizona Chapter of Financial Executives Institute is pleased to have the following Friends of FEI Sponsors. Our sincere thanks for your support.

Ken Garrett Arthur Andersen, LLP

Bill Siwek Arthur Andersen, LLP

Rick Rayson Deloitte & Touche, LLP

Paul Vitola Deloitte & Touche, LLP

Frank Brady Ernst & Young, LLP

Max Perlman Ernst & Young, LLP

F. J. Elsner KPMG Peat Marwick, LLP

Charles Reid KPMG Peat Marwick, LLP

Paul Bigbee PricewaterhouseCoopers LLP

Richard Quimby PricewaterhouseCoopers LLP

Nominating Committee Slate

The Nominating Committee has met over the past few months and will present the following slate of officers for the 1999 - 2000 FEI season at the April meeting. Nominations may be made from the floor with the prior approval of the person you wish to nominate. The slate will be voted on during a brief business meeting immediately preceding the dinner speaker and scholarship presentations.

President Tom Kerins

Vice President Kevin Ryan

Secretary Charles Love

Treasurer Neil Ciarfalia

Directors Meredith Sipek

with terms expiring Paul Poulos

in the year 2002 Scott Wiley

Past President Mark Haydukovich

Congratulations to the three members of the Arizona Chapter of FEI who were issued Key Club Awards by FEI National. The honorees who received the award for 25 years of FEI membership are:

• Ralph Marsh
• Francis I. Patterson

• Dr. Robert A. Howell

FEI is pleased to recognize its long-standing members through the Key Club Awards program. These members have contributed to the success of the Institute over the years, and we are proud of their commitment and dedication.

The Key Club was established in 1987 to recognize financial executives who have been members of FEI for 25, 40, and 50 years. We believe it is important to honor our long-time members and show our appreciation for their years of dedication and service to the Institute. The members listed above are being inducted into the Key Club this year.

The purpose of the Key Club is to honor all our long-standing members. Their careers and accomplishments are an inspiration to us all. Our sincere congratulations to each new Key Club member. Thanks to you, FEI is a rich professional association today.

FEI Upcoming Conferences

1999 Financial Exec. Summit May 26-29, 1999

Waterfront Centre Hotel, Vancouver, Canada

IAFEI XXXI World Congress October 11-14, 1999

Sydney, Australia

Also, remember to check for the most up-to-the-minute information on the Arizona Chapter's website located at www.feiaz.org.

e-mail Resources

FEI has introduced a new e-mail information service for members — FEI Express. This service is designed to keep members linked to the latest professional information, breaking news, and latest FEI member services.

There are many opportunities to serve your local Chapter of FEI — either by joining a committee that interests you, or what we call "one shot" activities. The following summary will tell you a bit about several committees, any of which would be delighted to have your help and input. The "one shot" activities are things that the committees need help with just occasionally — one time, not every month and not a long-term commitment.

Please take a few minutes to review the information and make a commitment to work with FEI to make it a better organization for all of us. Whether you can commit to meeting with a committee or just do what needs to be accomplished for a special project, we definitely need your participation. If you talk to those who have, you'll learn that it is one of the best networking activities you can do. It can lead to some strong connections that will be there for you when you need the resource.

This committee is responsible for developing methods of getting students interested in financial management careers; encouraging members to serve on educational Curricula Committees, urging chapters to establish a good rapport with the faculty of schools, developing recognition and awards programs for students; and preparing an academic relations program for National and Regional.

This committee is responsible for assisting members in transition to reduce their job search time. National FEI provides guidance, confidential referrals, job postings, referral lists, and resource materials.

This committee is responsible for preparing a Member Development program; stimulating the interest of eligible candidates for FEI membership by personal contact, descriptive literature, and following up; ensuring that progress is made toward the Chapter's annual goals; and coordinating contacts with prospects. Membership is concerned with retention and involvement of members.

This committee is responsible for arranging for speakers, topics, and types of meetings held each year; arranging for the site and booking the meeting dates; securing Continuing Professional Education (CPE) credits for meetings and technical sessions; coordinating joint programs with other related organizations.