Global Companies – Strategic Decision Making in the Global Enterprise
Moderator: Josh Peters
Panelists: Claude Draillard | Luke McKinnon | Fanny Tan | Richard Veldran
Josh Peters is a Partner in Strategy&’s Washington, D.C. office, where he is a recognized expert in Fit for Growth* — Strategy&’s proven approach to help companies identify the capabilities that will support future growth, free up funds to invest in that growth, and develop the organization to make changes sustainable.
Josh works closely with clients to deliver improvements across all functions, with a focus on leading transformation programs, developing the right operating model and environment for change, and building capabilities in Finance and other SG&A functions. He leads work for clients across a range of industries including consumer products, technology, media, and education.
Josh recently co-authored the strategy+business article “The Redefined No of the CFO” which explores how the role of the CFO has undergone a historic transformation, and subsequently the word “no” has become an essential tool for championing strategic discipline and value creation by ensuring that investments and resources are directed to the right capabilities.
Josh holds an M.Phil. in Technology Policy from the University of Cambridge, where he studied on a Fulbright Scholarship. He also holds an M.Eng. in Electrical Engineering and Computer Science, a B.S. in Electrical Engineering and Computer Science, and a B.S. in Mathematics from MIT.
Strategy& is a global team of practical strategists committed to helping companies seize essential advantage. Strategy& does that by working alongside executives to solve their toughest problems and helping them capture their greatest opportunities. Strategy& brings 100 years of strategy consulting experience and the unrivaled industry and functional capabilities of the PwC network to the task. Strategy& is a member of the PwC network of firms in 157 countries with more than 195,000 people committed to delivering quality in assurance, tax, and advisory services.
Claude Draillard is an accomplished, global executive with over twenty years of finance experience in the Aviation, Manufacturing, and Financial Services industries. He has an impressive track record in increasing profit-margins and cash flow, as well as performance improvement, operational streamlining, and negotiating financing/leasing.
Claude currently serves as VP, Finance (i.e. CFO) at Dassault Falcon Jet, part of the worldwide Dassault Group of Companies, managing $2 billion US in annual revenues. As CFO, Claude oversees and manages all aspects of financial operations, including cost-control, risk management, price-determination, financing for expansion and relocation projects, financial reporting. He is also in charge of IT. He runs an international team of over 150 employees. Claude also led the development and promotion of a cost reduction plan that reduced company labor expenses by 30%.
Claude has been with the Dassault Group since 1994, and has served in all types of finance positions. He has an M Phil in Marketing and Strategy from Université Paris IX DAUPHINE and is a graduate from ESSEC, an MBA accredited Business School in France. Claude is fluent in French, and conversational in German. Claude was featured in the 3rd quarter 2014 issue of CFO Studio, in an article titled “Flying High”. He lives in New York City with his wife, Karyn.
About Dassault Falcon Jet
Dassault Falcon Jet Corp., is a wholly owned U.S. subsidiary of Dassault Aviation, France. Dassault Falcon Jet markets and supports the Falcon family of business jets throughout North America, South America and the Pacific Rim countries of Asia, including the People’s Republic of China.
Ms. Fanny Tan currently serves as Director of finance at Diagnostica Stago Inc. where she is responsible for overall finance function. Stago is an industry leader servicing the clinical and research hemostasis laboratory community, offering complete system of coagulation instruments and optimized reagent kits for research as well as for routine analysis.
Prior to Stago, Ms. Tan was with Siemens for close to 10 years where she served in various roles including Director of Strategy at Siemens Shared Services, Global Shared Service Project Office, Senior Director/Controller and Sarbanes Oxley officer at Siemens Hearing Instruments.
Before joining Siemens, Ms. Tan was with KPMG’s World Class Finance consulting practice providing CFO solutions to global clients in financial services and manufacturing sectors, and specializing in finance transformation and best practices, ERP implementation and business process reengineering.
Ms. Tan is a licensed CPA, and holds an MBA in International Business and Finance from Columbia University.
As Louis Berger’s chief financial officer and an executive vice president, Luke McKinnon has management oversight and responsibility for all of the firm’s financial functions and develops finance and accounting procedures that significantly contribute to Louis Berger’s operational and strategic goals. Before joining Louis Berger in 2009, McKinnon was the chief financial officer and a senior vice president at DMJM Harris|AECOM, where he oversaw $750 million in revenues, including the due diligence and integration of revenue through acquisitions. He holds a Masters in Business Administration in professional accounting from Rutgers University.
About Louis Berger
Louis Berger is a $1 billion global professional services corporation that helps infrastructure and development clients solve their most complex challenges. We are a trusted partner to national, state and local government agencies; multilateral institutions; and commercial industry clients worldwide. By focusing on client needs to deliver quality, safe, financially-successful projects with integrity, we are committed to deliver on our promise to provide Solutions for a better world.
Louis Berger operates on every habitable continent. We have a long-standing presence in more than 50 nations, represented by the multidisciplinary expertise of 6,000 engineers, economists, scientists, managers and planners.
Rich joined D&B in September 2003 as CFO of D&B North America. In February 2006, he was named Treasurer and Leader of Investor Relations, External Communications, and Global Financial Planning and Analysis. In July 2008, Rich was promoted to Senior Vice President, Global Reengineering, and was given the added responsibility of leading North America Finance seven months later.
Rich has been instrumental in driving profitability and margin expansion across the company’s global businesses. He also led the company’s first-ever dividend issuance and two public bond offerings.
Prior to joining D&B, Rich held financial leadership roles at Automatic Data Processing, Inc. and Procter & Gamble. He holds a bachelor’s degree in industrial engineering and an MBA from Cornell University.
About Dun & Bradstreet
D&B (NYSE:DNB) is the world’s leading source of commercial information and insight on businesses, enabling companies to Decide with Confidence® for more than 172 years. Today, D&B’s global commercial database contains more than 225 million business records. The database is enhanced by D&B’s proprietary DUNSRight®Quality Process, which provides our customers with quality business information. This quality information is the foundation of our global solutions that customers rely on to make critical business decisions.
D&B provides two solution sets that meet a diverse set of customer needs globally. Customers use D&B Risk Management Solutions™ to mitigate credit and supplier risk, increase cash flow and drive increased profitability; and D&B Sales & Marketing Solutions™ to provide data management capabilities that provide effective and cost efficient marketing solutions and to convert prospects into clients by enabling business professionals to research companies, executives and industries.