December 2020
Chapter Happenings and Updates
Message from Chapter President Anita Moulton
and Executive Director Rosanne Bump
FEI is where financial leaders thrive. Thank you for your FEI membership and continued interest in FEI. There are no words to adequately describe the impact 2020 has had on each of you. You’ve had to demonstrate new levels of leadership, integrity, courage and resilience. FEI has worked with you, side by side, providing high quality virtual programs, speakers, networking and opportunities to LEARN – CONNECT – LEAD, both locally and nationally.

We have a lot to look forward to in 2021 and are committed to advancing the success of finance leaders, their organizations and the profession. Our Strategic Plan is built on these fundamentals. It is time to make your New Year’s resolutions for 2021! This edition of the FEITC Newsletter provides you with many opportunities to start the New Year off strong! Consider joining our Trusted Peer Groups. Be sure to save the date, June 21, 2021, for our annual Golf Event at North Oaks Golf Club.

We are very fortunate to have generous contributions from our Strategic Partners and are thankful for their partnership in fulfilling our mission.

Be Safe!

Anita Moulton
FEI Twin Cities Board President

Rosanne Bump
FEI Twin Cities Executive Director
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Membership Updates
We are committed to advancing the success of you,
your organization, and the profession and look
forward to working with you in the coming year. Please
contact us if we can do anything for you!
Dues Reduction Reminder:
Given the current economic environment related to COVID-19, the Twin Cities Board of Directors voted to reduce local membership dues by $200 for Executive, Academic and Entrepreneur levels effective this past July. This discount will be reflected on your renewal invoice and new members will be able to take advantage of these savings too. The new dues will be $499.

If you would like to pay your dues this calendar year please contact [email protected] for assistance before December 23rd.

In-Person Meeting Update:
Like all organizations, due to safety concerns, we are not able to provide in-person meetings at this time. We recognize this is an important way many of you connect to FEI Twin Cities and to other finance professionals in the area. At this time all meetings will remain virtual through 3/31/2021. We will continue to evaluate this in the coming months.

Golf Event Set for 6/21/21:
We are looking forward to seeing you, live and in-person(!), at our annual golf outing on Monday, June 21 at the North Oaks Golf Club. The day will include golf, fun and prizes. Golfers of all skills and abilities welcome. Consider recruiting a foursome of colleagues, friends, spouses or we can place you with other golfers. If you're not a golfer, no problem, you can join us for lunch or dinner!

North Oaks is one of the finest courses in North America. From championship tees, the par 71 course weaves and rolls over 6,655 yards, perfect for all levels of golfers. This is a fun opportunity to network with finance professionals and guests from around the Twin Cities. More info here

Member Benefits:
More than ever now is time to benefit from your FEI membership by…
  • Connecting with your peers and industry leaders
  • Learning through cutting edge content and meetings to stay ahead of industry trends
  • Developing leadership skills to advance your career through our professional development and career management sessions.

Visit our member benefits page to make sure you're using the many resources and mark your calendar now for the many 2021 events we have lined up.
Not a Member? Join FEI for only $100!

If you've been considering membership there is no better time than RIGHT NOW to join. Executive Level membership is only $100 for a 12-month membership. In addition to the many great member benefits, new members also receive complimentary registration to FEI's Annual Leadership Conference. We have a limited number of memberships available and you must contact us by January 8th to reserve this price.
Would you like more information on this special membership offer?
Advance Your Leadership Skills in 2021 with our
Trusted Peer Group!

It's a new year - consider joining a Trusted Peer Group to build your network, brainstorm solutions to challenges with your peers and advance your career!

This is an opportunity for FEI members to meet in small groups for a facilitated discussion with finance professionals in similar roles. Topics include challenges, successes, shared interest, career paths, benchmarking, insights for the group and more!

Here is what current members have to say about the program:

"The networking and info sharing has saved countless hours and
real dollars for my firm by sharing reliable contacts in audit firms."

"I feel having a "safe" place to talk about our work challenges away
from work and the owners of our companies is important. It is a great
place to talk with like-minded finance professionals about issues, both
personal and professional, in a supportive environment.
I love our camaraderie part of the meetings." 

"I really appreciate our group. I feel there is huge value in unplugging once
a month to meet with fellow CFO's and talk business, personal, problems, issues, celebrations, new thoughts and techniques. I like having Prouty facilitate. I
feel they are on the cutting edge of business trends, planning and strategy."

"Love the program and my peers, really appreciate having this group. 
They've helped me a ton with questions and ideas in my role and
I have built a much stronger network of CFO's as a result."

Expand your network and work smarter, not harder, in 2021! Consider joining a Trusted Peer Group to build your network and problem solve in real-time.
I am interested in learning more about this program!
Diversity and
Inclusion Update

FEI is devoted to encouraging environments and actions that display dignity, respect, fairness, peace, and equality. It is through this commitment to personal and professional conduct that our members will continue to challenge their peers and our organization to rise to a higher standard.

Here is the latest update on the many activities FEI is working on both nationally and locally:

  • The FEI National D&I Task Force has finalized the FEI Diversity and Inclusion Vision Statement: FEI strives to be a diverse and inclusive community of financial leaders. FEI promotes continuous learning by its members and the industry on new models for supporting a climate of equity and inclusion that results in greater representation within member organizations. All FEI members actively engage, collaborate, and network with each other and with other organizations that share a commitment to diversity, equity, and inclusion. FEI is recognized as an influencer, leader, and change agent for diversity and inclusion efforts through its membership.

  • The D&I Task Force has recommended changing the name of this task force to a committee, with a committee in place at a national level, which shows our continuing commitments to D&I efforts in the long run.

  • The Task Force will have a new platform within "FEI Connect community" for members of the task force to communicate or brainstorm ideas on D&I events or programs.

  • Task Force next step is to figure out a road map and metrics based on our current vision statement, and then develop the D&I programs and content for educational or learning objectives.

D&I Workshops and Webinars: Brent Lonson, Judy Wright, George Boyadjis and other FEI Board Members have been instrumental in arranging upcoming workshops. Look for more in the coming year. We hope you can join us for this session!

  • Wednesday, January 13, 11:30 AM – 1 PM CT, Moving Diversity, Equity and Inclusion Forward — Back to Business featuring Tawanna Black.  Protests have risen around the globe to advance racial equity, inclusion, justice, and respect. Companies seek to move these goals forward but also want to know that their actions are making a difference. So, what are the key indicators of an inclusive economy? And, what can financial executives and board members do to advance inclusive growth and prosperity in the communities served by their companies? This is a joint event with NACD. Register Here
Please let us know if you would like to get involved - we would love to have you!
Are you looking to enhance your leadership skills in the coming year? Consider getting involved in FEI Twin Cities!

MarComm Committee Member
Join us to help promote FEI Twin Cities and activities. We are looking for a professional that heavily uses and posts on various social media channels.  Tasks include assisting with developing tools and methods for collecting data such as surveys, opinion polls, or questionnaires; analyzing social media data to identify member trends; researching marketing strategies and proposing adjustments to current strategies accordingly; assisting with finding articles/blogs for content postings; monitoring the social media platforms and offering guidance/adjusting outreach tactics as needed and participating in marketing committee monthly meetings and brainstorming sessions.

Membership Committee Member
The Membership Committee is dedicated to helping members get the most from their membership. Committee members connect with fellow members, talk with potential new members, communicate engagement opportunities, and work with members to identify opportunities that align with the member’s objectives.  

Board Member
Join the Board of Directors to ensure that FEI Twin Cities remains one of the strongest Chapters in the country. This is a great opportunity to connect with a dedicated group of individuals giving back to FEI and to quickly expand your network. To view our current Board members please click here.

For more information and other opportunities please visit our Volunteer page.
Thank You to Our New and Renewing Members!
Please take a moment to reach out to our members listed here.
James Adam

Impact Group

All Flex


Perkins + Will

Be the Match

Dairy Queen

Imaging Sensing Systems


CH Robinson

Adam Johnson
Red Wing Shoe Company

Red Wing Shoe Company

Red Wing Shoe Co

Veritae Group, LLC

Leland LeBlanc

Key Surgical

SMC Limited

Red Wing Shoe Company

American Engineering Testing, Inc.

Mortenson Companies

Hayfield Window and Door

Apex International

David Meyer

TMN Consulting

General Mills Inc

East View Information Services

Outsell Corporation

Leota Pearson & Co.

Mark Schmidt

Omnetics Connector Corporation

Phillips & Temro Industries, Inc

Wipfli LLP


Upcoming FEI Twin Cities Events
Mark Your Calendar For These 2021 Events
More information will be released soon!
Wednesday, January 13, 11:30 AM – 1 PM CT, Moving Diversity, Equity and Inclusion Forward - Register Here

Tuesday, January 19, Noon - 1 PM, Key Tax Consideration for 20-21 - Register Here

Wednesday, January 27, Noon - 1 PM, M&A Trends - Registration opening soon

Wednesday, February 4, 10 - 11 AM, Technology Changes Companies are Making in the COVID Era, Register Here

Tuesday, February 9, 10 - 11 AM, How CFO’s Can Prep Their Owners’ For Successful Exits/Sale. Registration opening soon

February TBD, 4-5 PM, Wine Tasting With a Selection of 5 Complimentary Wines, Registration opening soon

Thursday, February 18, Noon-1 PM, Crises: Bad Companies Are Destroyed By Them, Great Companies are Improved By Them, Be The Match CEO Amy Ronneberg, Registration opening soon

Tuesday, February 23, CIBC Chief Economist Benjamin Tal, Registration opening soon

Look for more events to be posted soon!
Conferences and Courses available through FEI
7 Sessions | December 2020 - June 2021 | Earn up to 10.5 CPE Credits, Info

Corporate Financial Reporting Insights Virtual Conference
Available On-Demand | Earn up to 21.5 CPE Credits, Info

Financial Leadership Summit Virtual Conference
Available on Demand | Earn up to 24 CPE Credit, Info, Info
Take Advantage of Other FEI Chapter Programming!
So much content so little time! Please know that you are welcome at many other Chapter's online meetings. Here are just a few that are coming up in the next few weeks.

Return of the Economist: COVID-19 Economic Update With Anirban Basu, December 18, 2020 | 8:30 AM - 10:00 AM Eastern Time, Info

Maximizing Value from Linkedin – An Update on the Latest Features, January 12, 2021 | 4:30 PM - 5:45 PM Pacific Time, Info

Economic Outlook During Unprecedented Uncertainty" with Stu Hoffman, January 21, 2021 | 4:00 PM - 5:00 PM Central Time, Info

Visit Financial Executives International and look for the "Open To All Members" badge for additional events.
Other Events of Interest
Employment Law Webinar Series from Marsh &McLennan Agency
MMA presents a free 3-Part Employment Law Webinar Series. Register for all three, or pick and choose.
  • Session 1: Leave of Absence and Return-to-Work Issues in the Era of COVID-19, Wednesday, January 13, 2021 | 9:00-10:00 AM CST
  • Session 2: New Developments in the Classification of Workers, Wednesday, January 20, 2021 | 9:00-10:00 AM CST
  • Session 3: The New Norm: Maintaining Productivity While Working From Home, Wednesday, January 27, 2021 | 9:00-10:00 AM CST
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Strategic Partner Focus
Our Strategic Partners play an important role in our Chapter. We will feature one or two of our partners in each Monthly newsletter - please take a look at the services they offer!
For more than 160 years, PNC Bank has been committed to providing our clients with great service and powerful financial expertise to help them meet their financial goals. We are proud of our longstanding history of supporting not only our customers but also our communities, employees and shareholders. Learn more here.
Thank You FEI Twin Cities Strategic Partners!
Learn more about all of our Strategic Partners here.