Wednesday, May 5, 10:45 - 12:00 view all sessions this time
Risk    view all sessions this track
302-Cover Your Assets! Protecting Your Company in a Risky World
In 2010 and beyond, treasury staffs are faced with a new and difficult environment. There is a wave of refinancing coming. There are fewer providers of capital, with a lower risk appetite, and, in some cases, a weakened financial position. How can treasury staffs navigate this new environment? This session will discuss the changed environment, how to assess your company's exposure to bank risk, and how to plan for a world where capital might continue to be constrained.
Learning Objectives:
Have a better understanding of the coming wave of refinancing and how that will impact many companies.
Develop a framework for analyzing your company’s risk exposure to banks – both in terms of long-term committed capital as well as operating risk – and how to use that analysis to develop contingency plans. 
Prepare for the future. Learn how your bankers might be thinking about allocating capital – and how you can improve your relationships with your banks. 
Megan Donnelly, Quabbin Advisors, LLC
Megan is the Founder and President of Quabbin Advisors, LLC, a company that was started in 2009 to help corporations and non-profits navigate the changed financial landscape. Prior to founding Quabbin Advisors, Megan had over 11 years of experience in corporate banking, primarily as a Senior Relationship Manager to Fortune 1000 companies. As a senior banker, Megan was responsible for advising clients on the credit markets and capital structure, helping them access credit from the bank, and developing broad-based relationships with treasury staffs. Megan has served as a relationship manager at Wachovia, Citizens Bank, and, most recently, at Wells Fargo. 

In 2006 and 2007, Megan represented Wells Fargo as a speaker at the annual TMANE conference, on the topic of understanding operating risk.

Tracy L. Smith , CVS Caremark Corporation
Tracy is the Assistant Treasurer of CVS Caremark Corporation, the largest provider of prescriptions in the nation. She and her team are responsible for originating and structuring debt for adequate working capital, investing funds for various corporate portfolios and optimizing cash flow through daily cash management. She joined CVS Caremark in 1998, holding various positions within the Finance Organization, including Senior Director of External Reporting and Technical Compliance before joining the Treasury department in August of 2008. She received her bachelor’s degree with a concentration in accounting from Bryant University and is a member of the AFP as well as the Network of Executive Women.