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DEC Presents a New Edition of Detroit Economic Club News Now |
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U.S. Commerce Secretary on Winning the Global Game |
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JPMorgan Chase CEO on the Challenges of Management |
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Delphi CEO Steve Miller Coming to Detroit Economic Club |
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U.S. Steel CEO Discusses State of Global Steel Industry |
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Ernst & Young CEO Discusses Importance of Fundamentals in Changing Global Business Environment |
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Thanks to DEC Sponsors and Partners |
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The Detroit
Economic Club is proud to bring you a new edition of Detroit
Economic Club News Now, a five-minute MP3 audio program.
DEC News Now can be downloaded from www.econclub.org and
played back on your desktop
or on a digital audio player such as an iPod. Keep up to date on what's
going on at the DEC, and hear soundbites taken directly from recent
DEC meetings you may have missed. Click here to
listen to Detroit
Economic Club News Now. Or copy the RSS link below into
iTunes to receive new episodes automatically. |
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U.S. Commerce Secretary on Winning the Global GameThe Honorable Carlos M. Gutierrez
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 When:Monday, March 20, 2006 Luncheon Noon to 1:30 p.m. Dearborn Hyatt
Presiding
Officer:John Sanderson President & CEO Siemens VDO Automotive Tickets:Tickets are $35 each for Detroit Economic Club members, $40 for guests of members and $50 for nonmembers. RSVP Today! Visit our Web site at www.econclub.org or call (313) 963-8547. |
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JPMorgan Chase CEO on the Challenges of ManagementJamie Dimon
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When: Monday, March 27, 2006 Luncheon Noon to 1:30 p.m. Cobo Center
Presiding
Officer:Richard Manoogian Chairman & CEO Masco Corporation Tickets:Tickets are $35 each for Detroit Economic Club members, $40 for guests of members and $50 for nonmembers. RSVP Today! Visit our Web site at www.econclub.org or call (313) 963-8547. |
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Delphi CEO Steve Miller Coming to Detroit Economic ClubRobert S. "Steve" Miller
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When: Monday, April 3, 2006 Luncheon Noon to 1:30 p.m. The Masonic
Presiding
Officer:Michael Johnston Chairman & CEO Visteon Corporation Tickets:Tickets are $35 each for Detroit Economic Club members, $40 for guests of members and $50 for nonmembers. RSVP Today! Visit our Web site at www.econclub.org or call (313) 963-8547. |
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U.S. Steel CEO Discusses State of Global Steel Industry |
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| March 13, 2006 -- The Detroit Economic
Club hosted John Surma Jr., chairman and CEO of United States Steel
Corporation, a major manufacturer of steel products and the largest integrated
steel producer in the United States. Surma’s address, Staying
Competitive in Turbulent Times: A Global Snapshot, dealt with steel’s
vital reciprocal relationship with the automotive industry and the keys
to remain a competitive, sustainable,
quality supplier in good economic times and bad. Surma noted that low-cost
imports put domestic steel makers in jeopardy, but that a fair playing
field brought balance back to American steel markets. "We
have no objection to imported steel. In fact, we rely on it, since on
our
best
day, this
country can produce 100 million tons of steel per year. We need 20 to
25 million tons of imports just to clear the market. So we have no problem
with imports," said Surma. "Our position is what it's always
been, we're in favor of free trade as long as it's fair trade, whether
it involves
our
NAFTA
colleagues or any others around the world. So we're committed to maintaining
full trade law enforcement." Surma noted that steel is a commonly recycled material. "Steel is the most recycled material in the world... Exceeding the sum of aluminum and plastic times four on an annual basis, by weight," said Surma. "Now looking solely at the automotive industry, however, steel recycling is a bit better. It's close to 100 percent. Our industry's need for ferrous scrap has made it a leader in automotive recycling since the turn of the 20th century. We recycle enough steel from cars each year to produce over 13 1/2 million new vehicles. In fact today's auto bodies typically contain a minimum of at least 25 percent recycled steel." |
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Ernst & Young CEO Discusses Importance of Fundamentals in Changing Global Business Environment |
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| March 6, 2006 -- The Detroit Economic Club
hosted Chairman & CEO James Turley of Ernst & Young,
a global accounting, tax and transactions services company. Turley offered
his perspective on the tough decisions Ernst & Young has made
during times of unprecedented change. One of the most controversial aspects
of
the Sarbanes-Oxley Act, reforming the nation's audit rules, is its so-called
Section 302 requirements. Under
the law, CEOs and CFOs need to certify the veracity of financial reports. "There's
no organization -- none-- that's going to let their senior executives
sign their name without a process to back them up. And no smart executive
would sign their name without such a process," said Turley. "And
so, in many, many organizations, they're doing the right thing. They're
sharing
the
experience.
They're
cascading this responsibility to every business unit in every geography
all around the world, and making sure that business line leaders and
the financial officers in those lines are signing their name on the numbers
before they move up." Turley also noted Ernst & Young's recent investments in Detroit. "Ernst & Young is investing very, very heavily here in the Detroit market in a couple of important ways. One is our Global Automotive Center. We are bringing together some of the top minds we have in the world, and we're bringing them together with auto industry executives to identify and help address all the top-of-mind issues that impact CEOs and CFOs in the broad automotive chain. We're investing heavily in this -- in people, in thought leadership -- and we're building it aggressively," said Turley. "The second major way that we're investing in Detroit is that we're going to be in relatively short order moving into some brand-spanking new space at Campus Martius Park." |
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Thanks
to DEC Sponsors and Partners |
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I could fill pages of this newsletter with thanks to the
Detroit Economic Club sponsors and partners that make our programming possible. DEC sponsorship and our partnership programs are vital for the Detroit Economic Club. These are people and companies who support the club with financial means and in-kind services so that we can literally run our operations. So they are extremely critical to the club. On the other hand, we've tried to put together a sponsorship value proposition that is a win-win for both our sponsors, of course, and the club. So we always welcome people who are interested in being a sponsor of the Detroit Economic Club. We have different investment levels. Sponsors receive memberships and tickets. They have the opportunity to host students. They receive signage and the list goes on and on. So anybody interested in a Detroit Economic Club sponsorship – be sure to visit the Club's Web site: http://www.econclub.org. As always, I look forward to seeing you at an upcoming meeting. All the best, Beth |
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Show off your affiliation
with the Detroit Economic Club! Our
Product
Store is now open, offering high-quality products with the Club's colorful
logo. Choose from a Cutter and Buck polo shirt or hat, a leather-wrapped
travel mug to keep your beverage warm when it is cold outside, or a lapel
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Thanks to Our Sponsors... |
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Thanks to Our Partners... |
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On
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| Send
us your comments and ideas! Detroit Economic Club 211 W. Fort Street Suite 505 Detroit, MI 48226-3286 © 2006. All Rights Reserved. |
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