THE EXECUTIVE PROGRAM FOR PROSPECTIVE CFOS

MAY 16–20, 2022

RANDALL S. KROSZNER DEPUTY DEAN FOR EXECUTIVE PROGRAMS AND NORMAN R. BOBINS PROFESSOR OF ECONOMICS

THE EXECUTIVE PROGRAM FOR PROSPECTIVE CFOS

6 APPLY TODAY: ChicagoBooth.edu/EPPC

WHAT MAKES CHICAGO BOOTH THE BEST PLACE TO ADVANCE YOUR CAREER?Consistently ranked among the top programs in the United States and worldwide, Executive Education at Chicago Booth is founded in the same educational philosophy as our MBA, Executive MBA, and PhD Programs.

This philosophy is based on an essential fact: there are neither enough formulas nor business cases to span the range of high-stakes decisions faced in the course of a career. We favor fundamental academic disciplines over fads.

When you choose to advance your education through The Executive Program for Prospective CFOs (EPPC), you experience what others have discovered: Chicago Booth is the best source in the world for serious, effective business education. You will leave better prepared to tackle business challenges and capitalize on opportunities. You’ll not only realize your own potential, but you’ll also inspire others to achieve greater results and create lasting value for your organization.

You get access to cutting-edge research from Nobel Prize–winning faculty

Our faculty redefined the science of the stock market, originated the study of modern finance, pioneered database marketing, and defined the concept of social capital. Booth is home to nine Nobel laureates who have helped define the study of economics and the nature of today’s financial markets. Booth continues to shape the way the world does business.

You learn from highly regarded professors with real-world expertise

Booth professors and practitioners collaborate and consult with firms, serve on corporate boards, and start their own companies. Government and business leaders worldwide seek them out for their expert analysis and advice. With their masterful mix of theory and application, you can start applying what you learn immediately.

You will build a strong, well-connected network that lasts a lifetime

Our programs attract some of the brightest and best senior executives from across the world. After learning from each other in a confidential environment, you’ll create close bonds and networks you can tap into throughout your personal and professional life.


MAKE THECHICAGO APPROACH™ YOUR OWNSimply put, The Chicago Approach builds you up. The executive education curriculum, faculty, and community are all designed to support and strengthen you every day, and every step of your advancing career.

It gives you the agility to navigate the complexity of leading in a world of constant change, the acumen to inspire high-impact ideas through purposeful inquiry, the concepts for turning data into actionable insights, and the frameworks for multidimensional problem solving.

Most importantly, it provides you with a mutually supportive community that collaborates in the spirit of helping you succeed even further in your own way.

It all comes together through The Chicago Approach that’s empowering leaders who are creating enduring impact in the world.

CONTACT US: +1 312.464.8732 3

WHO SHOULD ATTEND?This program benefits senior finance executives who have significant experience in upper-level management or finance. Past participants have come from companies such as The Dow Chemical Company, IBM, Citigroup, AbbVie, Express, Hyatt Hotels, AXA Partners, and TOTO USA, Inc. Titles include: CFO, deputy CFO, senior VP, finance director, treasurer, and controller.

WHY ATTEND?The job of financial leaders has evolved to mean much more than strictly crunching numbers. Finance officers today have to be actively engaged in the roles of strategic leader, effective communicator, moral conscience, and risk manager. These varied responsibilities make a CFO’s job more complex than ever.

With this in mind, Chicago Booth has assembled an interdisciplinary team of faculty from the fields of economics, finance, accounting, strategy, and leadership.

As a participant, you will sharpen your analytical skills, build your strategic leadership and communication skills, manage within the changing regulatory environment, and broaden your experience.

KEY BENEFITS OF THE PROGRAMBy attending this program, you will:

• Identify critical attributes needed to create a high-performance environment.

• Articulate the corporate message internally and externally.

• Analyze patterns in strategic thinking to identify a growth path.

• Discover the power of data in making marketing more accountable and understand the strategic and scientific approach to marketing analytics that results in higher ROI.

THE EXECUTIVE PROGRAM FOR PROSPECTIVE CFOS (EPPC)Sharpen analytical skills, effectively manage relationships with internal and external constituencies, and drive strategic direction to lead enterprise transformation and growth, while applying cutting-edge research to the most pressing problems facing finance executives today.

PROGRAM DETAILSDATESMay 16–20, 2022

The course begins at 8 a.m. on the first day and ends at 3:30 p.m. on the last day.

FEEUSD $11,950

The fee includes tuition, course materials, continental breakfast, lunches, refreshments, some group activities and select class dinners. Accommodations and transportation are not included.

Note: Program, instructors, and fee are subject to change.

See full payment policy at ChicagoBooth.edu/EEPaymentPolicy

• Develop a strategic plan for M&A execution and implementation.

• Examine the valuation process for global investments and methods for calculating the cost of capital in an international context.

• Analyze the sources of financial fragility and regulatory responses.

• Learn how to harness continuous improvement and disruptive change to benefit the corporation.


EVOLVE AS A FINANCIAL LEADER Drawing upon Chicago Booth’s global expertise in finance and strong focus on economic research, EPPC helps senior finance executives effectively manage relationships and drive strategic direction to lead enterprise transformation and growth.

PROGRAM OUTLINE HIGH PERFORMANCE LEADERSHIP• The role of a leader in creating a high performance

work environment

• Critical attributes that drive innovation and financial results

• Strategies and processes to implement

STRAIGHT TALK IN TOUGH TIMES• Communication in a crisis, good times, and

unpleasant times

• How to match actions and words

• Practical strategies and tools for effective communication

• Proactive vs. reactive when the unexpected happens

• Formulate effective messages to different audiences

EVALUATING GLOBAL INVESTMENTS AND THE COST OF CAPITAL• Adapt capital budgeting to global opportunities

• How to incorporate political, expropriation, currency, and other international risks into the valuation process for global investments

• How globalization affects the cost of capital and what explains differences in firms’ cost of capital around the world

DE-RISKING INNOVATION INVESTMENTS • Understand where traditional funding and stage-gate

processes fall short in promoting the right innovation projects

• Develop a tool kit for identifying and managing risk in your innovation pipeline

• Practice alternative tools for making decisions when reliable data is not available


CONTACT US: +1 312.464.8732 5

STRATEGY FORMULATION AND IMPLEMENTATION• Why bother with strategy? What can strategy do?

What happens if we don’t have a strategy? How can we think about reaching our goals?

• Separating business success into strategy, leadership, and luck: learn how to understand your role in each

• The role of top management in setting strategy: what is the real challenge great strategists see?

• Develop two simple tools: a set of four generic questions that apply to all businesses, and a set of six powerful patterns that can be used to think about the way strategies are developed

• Apply strategy frameworks to identify a logical path for growth

STRATEGIC RISK MANAGEMENT AND FINANCIAL FRAGILITY• Analyze sources of financial fragility and regulatory

responses reshaping financial markets

• Assess implications the Federal Reserve’s and other central banks’ extraordinarily accommodative policies for volatility, “currency wars,” asset price bubbles, credit flows, inflation, and prospect for economic growth

• Learn the components of effective risk management

• Draw lessons from recent and historical crises to better prepare for and manage through future crises

MARKETING ANALYTICS TO DRIVE GROWTH• Understand the role and meaning of marketing

analytics

• Learn how optimal marketing decisions and investments are made

• Discover the scientific power of data analysis in marketing decision-making linked to higher ROI

• Master the right questions to ask and make your marketing team accountable in the data-driven age

“ A fantastic arena to interact with like-minded professionals and wildly talented faculty. A solid reminder of the level of thought we should be participating in daily, and driving our organization to do the same.”

SHAWN BUSHOUSE, EVP/CFO, J. SKINNER BAKING

PERSUASION, COMMUNICATION, AND PERSONAL BRANDING• Use narratives as a framework for expressing your ideas

and analyze how to structure the way you present them

• Learn how to clearly articulate your strengths, values, and vision as a leader, manager, and colleague

• Identify your “superpower,” or personal value proposition, and practice applying it in scenarios such as interviews, pitching for a promotion, and motivating a team

ACQUISITION STRATEGY, VALUATION, AND EXECUTION• The M&A process: strategy, valuation, and execution

THE ENTREPRENEURIAL LEADER: THE IMPORTANCE OF INNOVATION IN A VUCA WORLD (VOLATILE, UNCERTAIN, COMPLEX & AMBIGUOUS)

• Framework for innovation and entrepreneurial thinking

• How to harness continuous improvement and disruptive change


EPPC PROGRAM AGENDAGuided by our world-class faculty, EPPC sessions will engage, energize, and elevate you. Every learning session and social event is designed to help you gain a deeper understanding of the many aspects that make a successful CFO.

MONDAY TUESDAY WEDNESDAY THURSDAY FRIDAY

Continental Breakfast

Continental Breakfast Continental Breakfast Continental Breakfast .

Continental Breakfast .Welcome and Introduction

MORNING SESSIONS 8:30 a.m.–Noon*

High Performance Leadership

Susan Lucia Annunzio

Strategic Risk Management and Financial FragilityRandall S. Kroszner

Persuasive Communication

Hal Weitzman

Evaluating Global Investments and the

Cost of CapitalChristian Leuz

The Entrepreneurial

LeaderGregory D. Bunch

Noon–1 p.m.* Lunch/Fireside Chat Lunch Lunch Lunch Lunch

AFTERNOON SESSIONS 1–5 p.m.*

Straight Talk in Tough Times

Susan Lucia Annunzio

Marketing Analytics to Drive Growth

Jean-Pierre Dubé

Mergers & AcquisitionsSteven N. Kaplan

Strategy Formulation and Implementation

Gregory D. Bunch

De-Risking Innovation Investments

Lindsey Lyman

Inaugural Dinner Networking Reception Architectural Boat Tour Class DinnerProgram ends at 3:30 p.m.

LEARN FROM DISTINGUISHED CFOSThroughout the week, this program also includes keynotes from distinguished practitioners who will describe how they have managed strategic challenges in their organizations. Past speakers have included Mark Loughridge, former CFO of IBM; Ray Young, executive vice president and CFO of Archer Daniels Midland Company; Paul Donofrio, former CFO of Bank of America Corporation; and Karen Gould, former CFO of Turner Construction.

*Times are approximate. Please note: Program agenda is subject to change.

7:45–8:30 a.m.*

CONTACT US: +1 312.464.8732 7

EXPAND YOUR KNOWLEDGE AND YOUR NETWORK The Executive Program for Prospective CFOs (EPPC) draws an impressive mix of emerging finance leaders from around the globe.

PARTICIPANT PROFILE

CLASS SNAPSHOT

Participants in EPPC represent a diverse range of industries and backgrounds, which creates a dynamic environment for peer learning and sharing. The program attracts a select group of executives who continue to benefit from the high-caliber network long after the program is completed.

“ I believe this course is a must for those individuals seeking to become CFOs. The course content and professors at Chicago Booth really help to open your mind to new concepts and ideas. I come away from the course armed with ‘gems’ that I can apply from day one in my current role.”

ELLIOTT WOOD, DIRECTOR OF FINANCE, GLOBAL TECHNOLOGY SERVICES AT IBM NORTH AMERICA, IBM CORPORATION

CXO

VP

Director

Sr. Sole Contributor

Other

Manufacturing

Retail

Consulting

Finance

Chemicals

Other

Data reflects recent attendance.

10K+

1K–10K

250–1K

<250

COMPANY SIZE BY NUMBER OF

EMPLOYEES

21%

31%17%

31%

North America

EMEA

South America

Asia and Oceania

WORLD REGION 63%19%

15%3%

INDUSTRY

24%

10%

7%7%6%

46%SENIORITY

25%

34%

20%

10%

11%

JOIN THE BOOTH COMMUNITYUpon completion of the program, participants receive a certificate of completion and digital badge from Chicago Booth Executive Education. They are also invited to join Executive Education's private LinkedIn group.


SUSAN LUCIA ANNUNZIOPRESIDENT AND CEO, THE CENTER FOR HIGH PERFORMANCE (CFHP)

EXPERIENCE A DYNAMIC TEACHING APPROACHAs world-class researchers and gifted teachers, Chicago Booth’s faculty offers a blend of academic excellence, rigorous scholarship, real-world relevance, and practical application.

Our faculty will challenge you to question assumptions, separate fact from fiction, analyze information—and recognize when it’s time to reevaluate. They encourage debate and collaboration to determine which ideas stand up to the rigor of intellectual inquiry.

CORE FACULTY TEAM

Randall S. KrosznerDeputy Dean for Executive Programs and Norman R. Bobins Professor of Economics, Chicago Booth

Randall Kroszner has taught at the University of Chicago Booth School of Business since 1990. He served as a former governor of the Federal Reserve System from 2006 until 2009. During this time, he chaired the committee on supervision and regulation of banking institutions and the committee on consumer and community affairs. In these capacities, he took a leading role in developing responses to the financial crisis and in undertaking new initiatives to improve consumer protection and disclosure, including rules related to home mortgages and credit cards. In his many years of public service and research, he has studied and advised on banking and financial regulation, currency crisis management, debt restructuring, corporate governance, and economic development.

• MA and PhD in economics, Harvard University

• Chair of the Financial Research Advisory Committee of the Office of Financial Research of the US Treasury, an entity that provides financial stability and analyzes, assesses, and predicts risk as well as providing policymakers with risk mitigation tools

• Former member of the President’s Council of Economic Advisers

• Frequent commentator in the international media and advises financial institutions, government organizations, and central banks throughout the world


LEARN FROM THE WORLD’S BEST BUSINESS PROFESSORS

“ Excellent experience and learning! The faculty is grounded in technical expertise and enables students to think differently about their job and businesses through great insights and breakthrough thinking.”EMMANUEL CAPRAIS, VP STRATEGIC AND FINANCIAL PLANNING, ITT LLC

CONTACT US: +1 312.464.8732 9

Susan Lucia AnnunzioPresident and CEO, The Center for High Performance (CfHP)

Susan Lucia Annunzio is a strategic advisor to CEOs of leading global companies on strategy attainment and business transformation. Her focus is to work with top-tier executive teams to increase their ability to simplify complex strategic decisions through enhanced collaboration and creativity. Previously, Annunzio ran the research-based, high-performance consulting subsidiary of Hudson Highland Group, Inc. She has a strong track record helping leaders maximize returns on strategic, financial, and human-capital investments. She is also a guest lecturer at other top universities worldwide.

• Globally recognized speaker and thought leader on shaping and maintaining high-performance business environments

• Author of prominent books including Contagious Success; voted Fast Company’s Reader’s Choice in January 2005

Gregory D. BunchAdjunct Professor of Entrepreneurship, Chicago Booth

Gregory Bunch brings years of practical experience as a general manager and entrepreneur to his classes at Chicago Booth. He is the founder and president of Masterplan International Corporation. He was also a partner at Brandtrust, a brand strategy consultancy. Bunch works with Fortune 50, family, and startup businesses in the areas of innovation and strategy. He has worked with a broad array of companies, including Abbott, American Express, Danaher, Dover, ETS, Harley-Davidson, Hewlett-Packard, Kimberly-Clark, McDonald’s, PepsiCo, State Farm, and Yum! Brands.

• MDiv, Harvard University

• Served on corporate boards for financial, marketing, and healthcare firms

• Lectures nationally and internationally on topics related to strategy, creating customers, and innovation

Jean-Pierre Dubé James M. Kilts Distinguished Service Professor of Marketing and Charles E. Merrill Faculty Scholar, Chicago Booth

Jean-Pierre Dubé has been a member of the Chicago Booth faculty since 2000. He is also a faculty research fellow at the National Bureau of Economic Research. His research interests include empirical quantitative marketing and empirical industrial organization, with specific interests in pricing, advertising, branding, digital marketing, retailing, and dynamic decision-making.

• MA and PhD in economics, Northwestern University

• Received the class of 2016 Phoenix Award for service to the student community, the 2008 Paul Green Award, and the 2005 Faculty Teaching Excellence Award for Chicago Booth

• Associate editor at Marketing Science, Journal of Marketing Research, Management Science, and Quantitative Marketing and Economics

Steven N. KaplanNeubauer Family Distinguished Service Professor of Entrepreneurship and Finance and Kessenich E. P. Faculty Director at the Polsky Center for Entrepreneurship and Innovation, Chicago Booth

Steven Kaplan teaches advanced MBA and executive courses in entrepreneurial finance and private equity, corporate financial management, corporate governance, and wealth management. He is one of the world’s foremost researchers on private equity, venture capital, and corporate governance.

He is also the faculty director of Chicago Booth’s Polsky Center for Entrepreneurship and Innovation and cofounder of the entrepreneurship program. With his students, Kaplan helped start Booth’s business plan competition, the New V enture Challenge, which has spawned more than 800 companies that have raised almost $1 billion and created more than $8 billion in value.

• PhD in business economics, Harvard University

• Named one of the top 12 business school teachers in the country by Bloomberg Businessweek

• Published papers on LBOs and private equity that are the standard references in the field

• Fortune magazine referred to him as “probably the foremost private equity scholar in the galaxy”

• Serves on the board of directors for Morningstar, Inc. and several fund and company advisory boards


CORE FACULTY TEAM

Christian LeuzJoseph Sondheimer Professor of International Economics, Finance, and Accounting, Chicago Booth

Christian Leuz studies the role of disclosure and transparency in capital and other markets, the effects of disclosure and securities regulation, international accounting, as well as corporate governance and corporate financing decisions. His work has been published in top accounting and finance journals.

• PhD in business economics, Goethe University Frankfurt

• 2016 and 2014 Distinguished Contribution to the Accounting Literature Award

• Recipient of additional awards and honors, including the Humboldt Research Award and Wildman Medal Award, and recognition by Thomson Reuters as a “Highly Cited Researcher” and included in their list of “The World's Most Influential Scientific Minds” in 2014–18

• Editor for the Journal of Accounting Research

Lindsey LymanClinical Assistant Professor of Entrepreneurship, Chicago Booth

Lindsey Lyman is the founder of Growth Studios, an innovation consultancy that helps companies build profitable new businesses. Through her work as a practitioner, Lyman helps executives become stronger innovation leaders and helps organizations build innovation capabilities.

• MBA, Chicago Booth

• Previously, served 10 years at McKinsey & Company’s global innovation practice and codeveloped the firm’s Innovation Executive Education program

• Current external advisor to McKinsey, focused on product development and innovation

Hal WeitzmanAdjunct Assistant Professor of Behavioral Science, Chicago Booth

Hal Weitzman is executive director for intellectual capital at the University of Chicago Booth School of Business. He is the Editor in chief of Chicago Booth Review and host of The Big Question video series, and he currently teaches three Chicago Booth MBA classes on persuasion.

• Educated at Leeds, Oxford, and Harvard University

• Reporter and editor at the Financial Times from 2000 to 2012, reporting from London, South America, and Chicago

• Author, Latin Lessons: How South America Stopped Listening to the United States and Started Prospering (2012)

NEED MORE INFORMATION?

Executive EducationThe University of Chicago Booth School of Business 450 North Cityfront Plaza Drive Chicago, Illinois 60611-4316

P +1 312.423.8037 E [email protected]

The University of Chicago reserves the right to change seminar arrangements without notice. This includes, but is not limited to, curricula, courses, faculty, tuition, fees, policies, and rules.

CONTACT US: +1 312.464.8732 3

LOCATION AND ACCOMMODATIONSSessions are held at Chicago Booth’s Gleacher Center, 450 North Cityfront Plaza Drive, on the north bank of the Chicago River in the heart of the downtown area known as the Magnificent Mile. Gleacher Center offers an ideal setting for academic programs with state-of-the-art classrooms and exceptional cuisine by Wolfgang Puck Catering.

For our out-of-town participants, Chicago Booth reserves a block of rooms at various hotels in close proximity to Gleacher Center. Participants must directly contact the appropriate hotel at least three weeks prior to the program’s start date. After this time, the hotels cannot guarantee accommodations.

CONTACT US: +1 312.464.8732 11

LEARN MORE ABOUT THE UNIVERSITY OF CHICAGO BOOTH SCHOOL OF BUSINESS EXECUTIVE EDUCATION ChicagoBooth.edu/ExecEd

CHICAGOP +1 312.464.8732E [email protected]

Gleacher Center450 N. Cityfront Plaza Dr., Ste. 514Chicago, IL 60611-4316

LONDON P +44 (0)207.070.2200E [email protected]

One Bartholomew CloseBarts SquareLondon EC1A 7BL United Kingdom

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THE EXECUTIVE PROGRAM FOR PROSPECTIVE CFOS