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Mike Easley will be the luncheon speaker and New York
investment manager Julian H. Robertson Jr., the founder and
chairman of Tiger Management LLC, will be the dinner speaker
at NCCBI's Annual Meeting this Wednesday at the Raleigh Civic
and Convention Center. A crowd of more than 1,000 is expected
for the event, which will include seminars and a trade show.
We hope to see every NCCBI member at the Annual Meeting. You
should have reserved your tickets by now using one of the
brochures we mailed (twice!) to every member company. But it's
not too late. Call us at 919-836-1400 between now and
Wednesday, or just show up at the door with a credit card or a
checkbook, and we'll make sure you have a good seat.
Dinner
speaker Robertson, 67, grew
up in Salisbury, graduated from the Episcopal High
School in 1951 and four years later earned his degree in
business administration from the University of North Carolina
at Chapel Hill. After a two-year stint in the
Navy, Robisnon (left) headed to Wall Street, eventually
becoming chairman and CEO for Webster Management Corp., a
subsidiary of Kidder Peabody.
Robertson founded Tiger
Management in 1980 and has since been one of Wall Street's
true high-stakes players, building Tiger into the world's
largest hedge fund group and turning huge profits for
investors such as author Tom Wolfe and songwriter Paul Simon.
As recently as 1998, Tiger had $22.8 billion in assets, and
had compounded investors' money at 32 percent annually for
nearly 18 years. The company wasn't immune, however, to the
downward spiral in the market, and Robertson announced last
March that Tiger was returning capital to investors.
Despite the decline at the end,
Robertson's 20-year track record was spectacular, generating
25 percent in annualized returns and outperforming the S&P
by 7.5 percent over the same period. Today, Tiger stills
maintains a 23 percent ownership in USAirways, representing
Robertson's single largest stake.
Last fall, he and his wife
Josie, a member of UNC's Board of Visitors, pledged $24
million to traditional athletic rivals UNC and Duke University
to create a pioneering collaborative program that will recruit
and support extraordinary undergraduate students who will
study at both campuses. The program is called The Robertson
Scholars Fund.
At the Annual Meeting, NCCBI will
present its two highest honors to the state's senior U.S.
senator and to a man who has enjoyed remarkable careers in the
private and public sectors.
Sen.
Jesse Helms, who has represented North Carolina in the U.S.
Senate for 28 years and who currently serves as chairman of
the powerful Senate Foreign Relations Committee, will receive
the Citation for Distinguished Public Service.
Sen. Helms was first elected to
the Senate in 1972 after a varied business career. He was
executive vice president, vice chairman of the board and
assistant CEO of Capitol Broadcasting Co. in Raleigh from 1960
until his election to the Senate. From 1960 until he filed for
the Senate, Helms wrote and presented daily editorials on WRAL-TV
and the Tobacco Radio Network. His editorials were printed
regularly in more than 200 newspapers throughout the United
States. They were broadcast by more than 70 radio stations in
North Carolina.
Paul Z. Rizzo, who has enjoyed
successful careers in both the private and public sectors,
will receive the Citation for Distinguished Citizenship.
A native of Upstate New York
who came to UNC-Chapel Hill on a football scholarship, Rizzo
currently is a partner in Franklin Street Partners, the
private investment trust and management firm in Chapel Hill.
Rizzo went to work for IBM in
1958 and quickly rose through several executive positions,
including serving as senior vice president and group executive
responsible for product develop. In 1983 he was elected vice
chairman of the IBM board of directors, the position he held
when he retired from the company in 1987.
That's when he was recruited as
dean of the Kenan-Flagler Business School at Carolina. In five
years as the business school dean he is credited with
significantly raising the profile of the school and creating a
highly-regarded emphasis on international business. He retired
from the business school in 1992.
Rizzo serves as a director of
Johnson & Johnson, Morgan Stanley, Ryder Systems and
McGraw Hill.
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to Page One |
Hour
by hour at the Annual Meeting
9:45
- 11:45
Young Executives Forum — Room A
10:00 - 11:45
NCCBI Board of Directors — Room C
Featuring
Senate President Pro Tem
Marc Basnight and House Speaker Jim Black.
11:00 - 6:30
Information and Exhibits Exchange — Arena
Noon - 2:00
Luncheon — Assembly Hall 2,
Buffet line opens at 11:45
2:15 - 3:15
Young Executives Forum Roundtable — Room A
2:15 - 3:30
Small Business Advisory Board — Room D
EXECUTIVE
SEMINARS (Free — Open to All)
2:15 -
3:30
“Environmentally Friendly: Making Actions Speak Louder Than Words” — Room C
Moderated
by Ed Scott, Chairman of NCCBI’s Environmental Concerns
Committee.
Panelists: Bill Ross, Secretary N.C. Department of Environment
and Natural Resources; Dempsey Benton, Chief Deputy Secretary,
N.C. DENR; Al Weller, Landowner Assistance Forester,
Weyerhaeuser.
4:00 - 5:15
“Planes, Trains and Automobiles: How to Keep the State from
Stalling” —
Room C
Moderated by Marshall Henry, Chairman of NCCBI’s
Transportation Committee. Panelists: Lyndo Tippett, Secretary
of N.C. DOT; Evan Rodewald, N.C. General Assembly, Fiscal
Research Division; Bob Mattocks, member of Legislative
Research Commission's Transportation Finance Committee;
Christie Barbee, Executive Director, Carolina Asphalt Pavement
Association.
5:15 - 6:15
Reception — Arena
6:30 - 9:00
Dinner — Assembly Hall 2
Program
details for the Chairman’s Luncheon
Buffet
meal
Invocation by Dr. Marye Anne Fox,
chancellor, N.C. State University
Welcome by Malcolm E. “Mac” Everett III,
Chairman, NCCBI
Membership Report by James B. Hyler Jr.,
Second Vice Chairman, NCCBI
Presentation of Citation for Distinguished
Public Service by James F. Goodmon,
President & CEO, Capitol Broadcasting, Raleigh
Acceptance
by the Honorable Jesse A. Helms,
United States Senator
Introduction of Speaker by Stephen K. Zaytoun, President, Zaytoun &
Associates Inc.
Keynote Address, Hon. Michael F. Easley,
Governor of North Carolina
Announcements by Mac Everett
Program
details for the dinner
Invocation by J. Fred Corriher.
President, Catawba College
Dinner
Welcome and Introduction of Guests
Malcolm E. “Mac” Everett III, Chairman, NCCBI
Special Presentation by Phillip J. Kirk Jr.,
President, NCCBI
Presentation of Citation for Distinguished Citizenship
by Richard L. Daugherty, Chairman Emeritus, NCCBI
Acceptance by Paul J. Rizzo,
Co-founder and Partner, Franklin Street Partners
Introduction of Speaker by Alexander Tucker Robertson,
Senior, UNC-Chapel Hill
Keynote
Address by Julian H. Robertson Jr.
Introduction of Incoming Chairman
Malcolm E. “Mac” Everett III, Chairman, NCCBI
New
Chairman’s Remarks and Adjournment
Gordon S. Myers |