Join Webinar on Corporate Foreign Exchange Management
Sponsored by www.fxbestpractices.com
Finance Veterans John Conners and Robert Headley to Lead Live Forum on Effectively Managing the Hardest Job in Finance
SCOTTSDALE, Ariz. —December 11, 2006 — FiREapps, the leading provider of On-Demand Corporate Foreign Exchange Management, today announced a public webinar on Thursday, December 14, with over 200 corporations registered to participate in a discussion on Corporate Foreign Exchange Management. Scheduled to speak are an esteemed list of finance executives including John Connors, former CFO of Microsoft, Robert Headley, former VP of Finance and Treasury for Starbuck’s, Wolfgang Koester, CEO of FiREapps and Corey Edens, COO and VP of Product Management.
Unlike other areas of accounting and finance such as Accounts Payable, Accounts Receivable and Cash Management, where colleges and universities have established curriculum and training courses, there is little structured education and training for foreign exchange managers. Instead, managers of foreign exchange must learn on the job, where the consequences of making mistakes can be severe.
This webinar is the second in a series of live on-line forums for finance executives and practitioners to share best practices, discuss trends in business and technology and provide a learning environment for treasurers, controllers, corporate tax managers, and foreign exchange managers. Topics discussed will include analyzing foreign-currency risks as featured in “New Currents in Currency” in CFO Magazine’s December issue.
EVENT DETAILS
What: “Corporate Foreign Exchange Management is the Hardest Job in Finance!”
When: Thursday, December 14, 12:30 p.m. EST
How: Register to attend the webinar by calling 1.866.928.3473 or go to https://www.gotomeeting.com/register/711907522
“During my time as Chief Financial Officer at Microsoft, I always felt that the process of managing foreign exchange exposures and associated risk was more art than science and the hardest job in finance. With the advent of new on-demand technologies and emerging best practices related to foreign exchange, finance professionals can now apply the discipline and controls they are required to support throughout the rest of finance and accounting,” said Connors
“We are strong believers that corporations need to increase their sophistication and acumen for managing foreign exchange,” said Koester. “With access to education forums like this webinar series and www.fxbestpractices.com, corporate finance and accounting professionals will no longer need to operate in a vacuum with regards to applicable best practices for managing foreign exchange. It is not about to hedge or not to hedge anymore, it is about cost effective and compliant risk management.”
About the Speakers
John Connors spent sixteen years at Microsoft Corporation in several strategic roles. From January 2000 to April 2005 he was Senior Vice President of Finance and Administration and Chief Financial Officer. He currently is a partner at Ignition Partners, LLC, a capital investment firm.
Robert Headley spent seven years at Starbucks Coffee Company, most recently as Vice President, Finance & Treasurer. In that role, he managed Starbucks Investor Relations, Corporate Development, Treasury, Business Planning & Analysis, and Profit Improvement functions. He currently is a partner at Ignition Partners, LLC, a capital investment firm.
Wolfgang Koester is the CEO of Rim-Tec, Inc. which developed FiREapps, the leading corporate foreign exchange management technology firm. Koester has been managing risk for Fortune 100 companies as well as governments, including G-10s, since 1986. Prior to forming Rim-Tec, Koester served as President with GFTA Trendanalysen Inc., a quantitative currency manager.
Corey Edens joined Rim-Tec, Inc., as Chief Financial/Operating Officer in 2000. Prior to this appointment, he was the President of Valcon Distributing Ltd., Inc. Before Valcon, Edens served as the Controller and Director of Operations for the Microsoft Network. Edens has worked closely with Rim-Tec’s customers to design, develop and implement the FiREapps solution.
About FiREapps
FiREapps, a subsidiary of Rim-Tec, Inc., is the leading provider of On-Demand Corporate Foreign Exchange Management. FiREapps delivers the market’s only pre-trade analytics solution that evaluates foreign exchange exposures and optimizes decision making processes. FiREapps’ optimized decision making processes are supported by comprehensive analytical capabilities and a patent pending Decision Management Technology. Based on seven years of proven results, FiREapps mitigates compliance and economic risk while increasing profitability and operational efficiencies. FiREapps has offices in Scottsdale, Arizona and Portland, Oregon and can be visited online at www.fireapps.com.
