updated 6/1/2011 10:46:45 AM ET 2011-06-01T14:46:45

NEW YORK, June 1, 2011 (GLOBE NEWSWIRE) -- The Wall Street Journal today announced the program and speaker lineup for the inaugural meeting of the CFO Network, a new council of chief financial officers from the world's top corporations that will convene in Washington on June 20-21 with the mission to develop a strategic agenda for financial leadership in challenging times. During the conference, to be held at the Park Hyatt, the CFO Network members will develop and prioritize tangible actions to deal with the rapidly changing economic and regulatory environments, and will hear from top economists, policymakers and regulators.

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The opening night session will feature Ellen Kullman, chief executive officer of DuPont; Clayton Christensen, professor at Harvard Business School; and Glenn Hutchins, co-founder of Silver Lake, for a discussion focused on key challenges of investing in innovation strategically and wisely – a central goal for all CFOs in today's rapidly changing world.

Tuesday morning, the meeting opens with a conversation with U.S. Treasury Secretary Timothy Geithner, who will discuss his plans for corporate tax overhaul, tax hikes, and the effort to bring the federal budget deficit under control.

Later, Mary Schapiro, chairman of the U.S. Securities and Exchange Commission, will discuss her views on regulators giving more power to shareholders, among other issues, and Gary Gensler, Chairman of the U.S. Commodity Futures Trading Commission, will offer the regulator's perspective on the current economic uncertainty and ways to manage risk. In addition, Senator Mark Warner (D., Va.) and Senator Saxby Chambliss (R., Ga.) will discuss the congressional agenda on budget, tax reform and regulatory issues.

Central to the meeting are the special working groups focused on key topics of urgent importance to financial executives; in these sessions, the Network members will work together to develop recommendations for solutions that will be published in a special report in The Wall Street Journal and on WSJ.com following the meeting. 

Other CFO Network members and guests include:

  • Ali Al-Hajeri, MD finance, Kuwait Petroleum Corporation;
  • Michael Angelakis, executive vice president and chief financial officer, Comcast Corporation;
  • Dominik Asam, chief financial officer, Infineon Technologies AG;
  • Jay Benet, vice chairman and CFO, The Travelers Companies, Inc.;
  • Lewis W. K. Booth, executive vice president and chief financial officer, Ford Motor Company; 
  • Rep. Dave Camp (R., Mich.), chair, House Ways & Means Committee, U.S. House of Representatives; 
  • Clayton Christensen, Professor of Business Administration, Harvard Business School; 
  • Robyn Denholm, chief financial officer, Juniper Networks; 
  • Nicholas C. Fanandakis, executive vice president and chief financial officer, DuPont; 
  • Gary Fayard, chief financial officer, The Coca-Cola Company; 
  • Adena Friedman, chief financial officer, The Carlyle Group;
  • Dr. Robert A. Howell, professor of business administration, Tuck School of Business, Dartmouth; 
  • Glenn Hutchins, co-founder and co-chief executive officer, Silver Lake;
  • Hugh F. Johnston, chief financial officer, PepsiCo; 
  • Joe Kaeser, chief financial officer, Siemens; 
  • Timothy Koller, partner, McKinsey & Company; 
  • Ellen Kullman, chair of the board and chief executive officer, DuPont;
  • Arthur Levitt, senior advisor, The Carlyle Group, former SEC chairman; 
  • Laurence H. Meyer, senior managing director and co-founder, Macroeconomic Advisers; 
  • Charles H. Noski, chief financial officer, Bank of America Corporation; 
  • Daniel Quintanilla, chief financial officer, Grupo Mexico;
  • J. Sheets, executive vice president and chief financial officer, Dow Corning Corporation;
  • Laurence Tosi, chief financial officer, The Blackstone Group; 
  • Michael Ventling, global chief financial officer, Ernst & Young;
  • Vanessa A. Wittman, executive vice president and chief financial officer, Marsh & McLennan Companies;
  • Justin Yifu Lin, senior vice president & chief economist, World Bank. 

The Wall Street Journal CFO Network is sponsored by Deloitte, The NASDAQ OMX Group, and 3Sixty Concierge Medicine.

The CFO Network meeting will be hosted by top editors of The Wall Street Journal. Results from the meeting will be published in a worldwide special report in The Wall Street Journal and on WSJ.com. For more information about the Network membership and the meeting program, please go to http://cfonetwork.wsj.com/.

The Wall Street Journal logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=2641

CONTACT:  Media contact:
          Ashley Huston
          Dow Jones & Company
          (212) 416-2025

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