New York Jets CFO’s Views on the Business of Sports Featured in Latest Issue of CFO Studio Magazine

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FOR IMMEDIATE RELEASE

     Lorenz Capalad
Lorenz.Capalad@CFOstudio.com
(732) 868-0000 x118

March 18, 2014

New York Jets CFO’s Views on the Business of Sports

 Featured in Latest Issue of CFO Studio Magazine

CFOstudio-BrianFriedmanCover-3-19-14 (986x1280)SOMERSET, NJ – CFOs interested in the viewpoint of a top financial executive inside the world of sports will find it in the cover story of the Q1 2014 issue of CFO Studio magazine, featuring a profile of Brian Friedman, the New York Jets’ chief financial officer.

Friedman’s challenges involve keeping fans engaged year-round. The article, “The Jets Playbook,” notes that “the revenue of a football franchise now depends on fully understanding the multiple ways people interact with your team: season-ticket holders, TV watchers, buyers in the secondary ticket market, users of Internet live chat and live streaming, and purchasers of memorabilia.”

Clearly focusing on these fans, the Jets organization is finding alternative revenue sources and engagement opportunities beyond filling the stadium. The CFO’s job is to “be cognizant of where you need to make investments across all areas, and be sure you are investing time, resources, and money into all the things that are having that fan impact right now,” Friedman says in the article.

After more than four years as the CFO of the Jets, overseeing all the financial aspects of the Jets organization and sharing responsibility for MetLife Stadium’s financial operations with the CFO of the New York Giants, Friedman is in an ideal position to comment on sports as a business.

CFO Studio Magazine, which is published quarterly by Real Estate Strategies Corporation, will release its Q1 issue, featuring business profiles and strategic advice for New Jersey- and New York-area CFOs, during the third week of March.

About the New York Jets

The New York Jets are a professional football team headquartered in Florham Park, NJ, representing the National Football League in the New York metropolitan area. It is a privately owned business with under 200 employees.  Established more than 50 years ago, the Jets franchise has distinguished itself as a trailblazer, trendsetter, and leader in the region’s sports landscape and across the NFL.

About CFO Studio

CFO Studio and CFO Studio magazine deploy the best of new and traditional media to promote finance executives as business and strategy thought-leaders. Andrew Zezas is the host of CFO Studio On-Camera and the Publisher of CFO Studio magazine.

Visit www.CFOstudio.com to watch interviews with New Jersey area CFOs, with new releases every Thursday morning at 10:00 AM EST!

To read stories that have appeared in CFO Studio Magazine, or for subscriptions and advertising opportunities, visit www.CFOstudio.com.

Funding for CFO Studio and CFO Studio Magazine is provided by Real Estate Strategies Corporation and select advertisers.

Real Estate Strategies Corporation provides corporate real estate advisory and transaction services to CFOs, General Counsels, Management, and corporate Boards in New Jersey and around North America. Real Estate Strategies Corporation is the sole real estate sponsor of the ACGNJ CFO Forum, and other CFO focused organizations.

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Hugh C. Welsh, President & General Counsel of DSM North America Discusses “The Next Natural Progression” at General Counsel Studio Executive Dinner Series Meeting

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FOR IMMEDIATE RELEASE

March 14, 2014

Lorenz Capalad
Lorenz.Capalad@CFOstudio.com
 (732) 868-0000 x118

 SOMERSET, NJ – On March 13th, 2014, Hugh C. Welsh, Esq., President and General Counsel of DSM North America moderated a General Counsel Studio Executive Dinner Series meeting. The event, held at Blue Morel in Morristown, NJ, focused on a topic Welsh knows well, “General Counsel to President: The Next Natural Progression.” The evening was hosted by Real Estate Strategies Corporation.

Welsh began the meeting by detailing his fortuitous rise. While he never set out to become president of a North American division of a global company, he carved his career path by creating opportunities to pursue his passion for growing businesses. By becoming involved with strategy and operations outside the scope of a conventional general counsel, Welsh gained the business and strategic experiences that prepared him for his seat behind the big desk.

Last night he also shared insights on how other general counsels can shape their career to set themselves up to ascend to a chief business role in the future. Many fellow participants also discussed how they are expanding the business roles of general counsel at their own companies.

Welsh then discussed how his background as a general counsel provides the lens through which he views risk and opportunity as president. He frankly talked about the challenges of wearing both hats of president and general counsel and how he structures his own legal department to create a team of legal generalists instead of specialists.

An article detailing this discussion will appear soon on GeneralCounselStudio.com.

CFO Studio will be hosting a reception on March 27th, 2014 to honor Brian Friedman, CFO of the NY Jets. The cocktail and networking event will be held at The Atlantic Health Jets Training Facility in Florham Park, NJ. Attendance to this event will be limited. To request an invitation, please contact Lorenz.Capalad@CFOstudio.com or phone: 732-868-0000 x118.

 

About General Counsel Studio
General Counsel Studio draws on the best of new and traditional media to promote New Jersey and New York area General Counsels and Chief Legal Officers as business and strategy thought-leaders.  We launched General Counsel Studio in 2012 as a relationship-building venue and have fostered greater success for our guests and ourselves. General Counsel Studio offers various alternatives in which qualified executives can participate in and influence the General Counsel conversation. Visit www.GeneralCounselStudio.com to watch interviews with New Jersey area’s top general counsels.

Funding for General Counsel Studio is provided by Real Estate Strategies Corporation and select advertisers.

Real Estate Strategies Corporation provides corporate real estate advisory and transaction services to CFOs, General Counsels, Management, and corporate Boards in New Jersey and around North America.

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