VANGUARD NETWORK FOR
CHIEF FINANCIAL OFFICERS
Chief Financial Officers across sectors and geographies have growing needs for very high level leadership development, experience-sharing, and networking.
This reflects a variety of converging factors. Among them: The increasing breadth and depth of top leadership responsibilities – versus mainly legal ones; the growing role of CFOs and their departments as business partners; the often confidential nature of the work that can make it difficult to share experiences and seek feedback from C-suite colleagues, and the complexity of CFO, Board, business unit and external stakeholder relationships – and much more.
To some extent, CFO needs are answered by professional associations. However, these association interactions are often heavily focused on professional capabilities, versus leadership, and meetings are often only annual or semi-annual.
The new CFO Network helps to respond to these significant leadership-centered gaps.
THE CFO NETWORK
The following are recommendations of the advisory board, for consideration at the Charter meeting on November 17th, 2022.
Members will be CFOs from mid-cap and larger-cap enterprises.
The Network will begin with monthly or bi-monthly intimate roundtable sessions, where participants can work together on immediate challenges and issues for peer feedback and networking. The roundtables will be in virtual format for efficiency.
The roundtables will run ~60 minutes, with the appropriate length to be decided by the participants. The participants will be polled regarding the optimal date and time each month.
Agendas will be based on advance input from the participants
‘Chatham House’ rules will apply. Guests will be at the discretion of the group, e.g. to provide insights on a particular topic.
Advisory firms will not be members, but may be invited as guests for specific sessions
- Vanguard will convene, facilitate and execute follow up materials
In due course, the Network may also include periodic longer sessions on specific topics, typically led by members with particular expertise, and/or invited guests. These may be virtual or face-to-face, as the members decide.
Charter members are by invitation to the virtual Charter session on November 17th, 2022.
Charter members will play a significant role in shaping the Network and how it will operate.
Charter members will receive a 25% discount on program fees (see below.)
The CFO Network Advisory Board has led the way on creating a framework and approach for the Network, so that it is relevant and valuable to fellow executives. The members are:
THE VANGUARD NETWORK
Vanguard is a unique membership network of senior leaders from across functions and industries in the U.S.
Vanguard will help to lead, manage and curate the program, including such aspects as:
Membership development, recruitment and service
Meeting management, agenda setting and moderation, face to face and virtual as appropriate
Developing content (e.g. videos and podcasts)
Issuing invitations, reminders and notices
Handling follow-up on agenda items with participants and their designees
Producing an appropriate record of proceedings, recognizing the needs for confidentiality
Operating as a member services team, including making warm introductions, supporting new initiatives requested by members, and creating value-adding linkages with other members of the Vanguard Network
The CFO Network will launch with the virtual Charter Session on November 17th, 2022. The Charter Session will be at no cost. The base fee for the subsequent series of six initial roundtable sessions with enrolled members is $7,200.
Charter members joining for the November 17th, 2022 Charter Session will benefit from a 25% discounted fee of $5,400 (versus $7,200).
*The program fees are based on benchmarking versus similar executive networks such as Vistage, at an initial discounted rate versus those programs, and is on par with Vanguard’s comparable Executive Roundtable Network for General Counsels.
The Charter Session will take place on Thursday, November 17th, 2022, from 2:00 to 3:00 pm ET.
Please click below for an invitation to the Charter Session on November 17th, 2022.