Boyd Gaming Names New CFO and Treasurer

Boyd Gaming has announced that Josh Hirsberg has been named their new CFO. Hirsberg will succeed Paul Chakmak, who was named Chief Operating Officer. Hirsberg, 46, was most recently the Chief Financial Officer for EdgeStar Partners, a Las Vegas-based resort development company. He previously held several senior-level finance positions in the gaming industry, including Vice President and Treasurer for Caesars Entertainment and Vice President, Strategic Planning and Investor Relations for Harrah's Entertainment.

Boyd Gaming also announced the promotion of Jeff Santoro to Treasurer, reporting to Hirsberg. Santoro currently serves as the Company's Vice President and Controller. Santoro, 45, joined the Company in 1997 as Director of Financial Reporting. He was appointed to Vice President and Controller in 2001. Santoro spent 10 years with Deloitte and Touche before joining Boyd Gaming. Hirsberg and Santoro will assume their new positions on January 1, 2008.

Hirsberg will receive an annual base salary of $435,000 and for the 2008 fiscal year was granted a short-term bonus award under the Company's 2000 Executive Management Incentive Plan with threshold, target and maximum potential bonus amounts equal to 20%, 40% and 80%, respectively, of his annual base salary. In connection with his appointment, Mr. Hirsberg was granted, effective as of January 2, 2008, an option to purchase 25,000 shares of the Company's common stock at a per share exercise price equal to the closing price of the Company's common stock on the New York Stock Exchange on January 2, 2008. The stock option was granted under the Company's 2002 Stock Incentive Plan and will vest at the rate of 33.333% per year on the first day of each successive 12 month period commencing one year from the grant date. (2)

John Laub is the President of the CEO-CFO Group

1. “Josh Hirsberg Named Boyd Gaming Chief Financial Officer. Jeff Santoro Promoted to Senior Vice President and Treasurer.“ Company Press Release. PRNewswire-FirstCall. December 11, 2007.

2. Boyd Gaming Corporation. Form 8-K. “Change in Directors or Principal Officers, Amendments to Articles of Incorporaton.” December 11, 2007.

Maul Capital Joins as New Sponsor: Notes Changes in Pension Act

Maul Capital Management is an independent registered investment advisory firm that provides personalized investment services for individuals, families and businesses such as Comprehensive Financial Planning, Investment Planning and Portfolio Management, Retirement Planning, Fixed Income Planning and International Investing. As independent investment advisors, Maul Capital provides customized, fee-only, investment management services.

The Pension Protection Act of 2006 removed the legal liability away from the employer if they provided investment advice through a third-party. "It's probably the most important, innovative regulation that's been issued from the Pension Protection Act of 2006," said Andrea Baroncelli, Director of Client Services at Maul Capital. “There's a tremendous need for these services.” As a result of this change, Maul Capital has created a 401(k) advisory service for small to midsize companies called LifeSync. John Laub, President of the CEO-CFO Group said, “Most of the companies I have worked with had 401(k) plans; however, 1) the employees didn’t know how to invest their money and 2) the company was afraid to give advice. This is a great idea.”

Maul Capital can give a company’s employees access to professional 401(k) management. Maul can work with the company's existing plans and develop what are called asset allocation models designed for their employees to maximize their plan. “Money, retirement and security are such important and very emotional issues. Even executives need a third party to review their plans. Here is an opportunity for employees to have that same assistance” noted John Laub. “I encourage the CEO-CFO Group members make use of this opportunity.”

1. http://www.lifesync401k.com/

2. http://www.maulcap.com/

3. www.dol.gov/EBSA/pensionreform.html

The Las Vegas CEO-CFO Group Goes Exclusive

As of January 1, 2008, the CEO-CFO Group will be exclusive. Due to growth, the group will limit its attendees to C-Level Executives and Sponsors only. Our meetings are limited to 45 executives in attendance.

Attendance Policy – January 1, 2008

The CEO-CFO Group accepts reservations for its events from C-Level Executives, Industry Accounting & Finance Professionals and Sponsors only.

Examples of qualifying C-Level positions
CEO, President, CFO, COO, CIO, CTO, CMO, General Manager, Partner, Director and Vice President, Marketing Executive, Controller, Assistant Controller and Director of Finance

If you have any questions regarding your role and participation, please contact us at John.Laub@ceo-cfogroup.com

Qualifying Company Requirements – To Qualify, your company must have a minimum of 3 employees and $1 million in revenue.

Vendors -
Vendors may only attend if they are a guest of a C-level attendee or they are a sponsor.

Are you a Vendor or a C-Level Executive? Here are a few common areas of confusion. Our group has a non-sales approach and is looking for C-Level Executives that want to network with their peers and learn about the topics pertaining to their business.

Consultants – (Management Consulting, Coaching, etc)
If you are the CEO of your own consulting firm and are growing a business, you are considered a Vendor, unless the firm meets the Qualifying Company Requirements. If you are consulting while searching for a full-time opportunity, you may qualify as a C-Level Executive. (We will allow three consultants per meeting.)

Other Qualifying Positions–
Angel Investors, Venture Capitalists, Hedge Fund Managers, Treasurers, Financial Analysts, Investor Relations, Directors, Deans, Professors, PhDs, Commercial Loan Officers, Colonels, Project Managers, Business Owners and Retired C-Level executives.

Services Firms- (Banking, Legal, Marketing, Public Accounting, etc)
Partners, Directors and C-Level professionals within these organizations that direct the day to day operations, goals and financial decisions may attend. If your role within the firm is at a VP Level and your role consists of business development, relationship management and could be considered “Sales”, then you are considered a Vendor.

Sponsors –
Sponsors will have no more than two attendees from their firm present.

Guests –
Sponsors and C-Level Executives can bring guests.

If you would like information on becoming a sponsor of the group, please send an email to John.Laub@ceo-cfogroup.com with Sponsorship in the Subject line. Note: we take only one sponsor for each category.

Luncheon RSVP Policy

The CEO-CFO Group accepts reservations for its events from C-Level Executives, Industry Accounting & Finance Professionals and Sponsors only.

- RSVP’s are preferred – Due to space limitations, walk-ins may be turned away.
- To encourage RSVPs, all walk-ins will be charged an additional $5.00.
- Please RSVP by 4 PM on Thursday before the Friday meeting.
- Cancellations are accepted until Thursday before the meeting. Attempts to “Cancel” received after that time will not be honored and the attendee will be responsible for the cost of the event.

If you have any questions regarding the Attendance or RSVP policies, you may contact the CEO-CFO Group via email at John.Laub@ceo-cfogroup.com

Las Vegas Business Networking Calendar for January 2008

The following is a list of the business networking events for the January 2008 in Las Vegas.

Thursday January 3, 2008

American Marketing Association- Las Vegas Chapter Luncheon. “Green Marketing” at Cili’s at Bali Hai Golf Course (5160 Las Vegas Blvd S). 11:30 AM Networking & Check-in $35 members & $45 non-members

Friday January 5, 2008

First Friday- Art, music and food in Downtown Las Vegas.
http://www.firstfriday-lasvegas.org/

Tuesday January 8, 2008

Republican Mens Club Luncheon 11:30 AM to 1 PM. New Location and day: First Tuesday at Lawry’s (4043 Howard Hughes Parkway) Everybody is welcomed.$25.00. http://www.republicanmensclub.com/

Wednesday January 9, 2008

Las Vegas Chamber of Commerce Business Education Series (BES)
"Your Best Year Yet" with Betty Mahalik Business Coach 7:00 - 9:00 AM at the Four Seasons Hotel (3960 Las Vegas Blvd) RSVP by Phone (702) 641-5822, option 2.

Thursday January 10, 2008

Institute of Management Accountants and Internal Auditors-Joint Lunch Meeting Robert Ruloff, VP of Interal Audit MGM Mirage. 2 hour presentation on Ethics. Lunch at 11:30 AM; Presentation 12 PM to 1:40 PM at Lawry's The Prime Rib (4043 Howard Hughes Parkway) $35. Please RSVP to Jay Dickerman of the IIA by Friday, January 4, 2008 at jdickerman@communitybanknv.com or call (702) 821-4126.

Friday January 11, 2008

The Las Vegas Future Salon Meeting. “Epigenetics: DNA is Not Your Destiny.” Viktoriya Montano. Nevada Biotechnology & Bioscience Board Member.
UNLV's Continuing Education Paradise Campus at Swenson and Tropicana, across from Thomas Mack in the old Paradise Elementary building. (851 E Tropicana Ave Room 100)
6:30 PM to 8:30 PM. Email-Gilda Cabral at gcabral@korns.com to RSVP or Questions.

Monday January 14, 2008

Construction Financial Management Association Luncheon 11:30 to 1 PM
"Leadership versus Management: Both Work Best When Used Together"
William W. Badger, Ph.D., P.E., NAC, Professor, Del E. Webb School of Construction, Ira Fulton School of Engineering. Arizona State University
11:30 AM Networking & Check-In 12:00 PM Luncheon and Speaker
Lawry's (4043 Howard Hughes Parkway) Cost:$30 to $45
RSVP: Call Marni Whalen at(702)759-4006 by Noon on Friday, January 11th

Tuesday January 15, 2008

Third Tuesday Coalition - Nevada Policy Research Institute at the Las Vegas Country Club. (3000 Joe Brown Drive)12 Noon. $22 for lunch. www.npri.org or call 222-0642.

Wednesday January 16, 2007

TBAN (Technology Business Alliance of Nevada) Luncheon 11:45 am - 1:15 pm Lawry's The Prime Rib (4043 Howard Hughes Parkway) $35 Pre-paid reservation$45 walk-in. Register and Pay: http://www.tban.us/

Thursday January 17, 2008

Keystone Breakfast at the Las Vegas Country Club at 7:30 AM
(3000 Joe W Brown Dr) Assemblywoman Heidi Gansert will discuss the proposed budget cuts, initiative petitions as well as Nevada taxes. RSVP by Monday, January 14, 2008 By Fax to 702-798-8653 or email to: info@keystonenevada.com

The National Association of Industrial and Office Properties breakfast meeting, 7 AM-8:30 AM at The Orleans Hotel & Casino (4500 W. Tropicana Ave) Cost: $25 for members & $40 for non-members. Info & RSVP: 798-7194 or www.naiopnv.org

Project Management Institute Dinner Meeting at 5:30 PM.Tom McKinney, Deputy General Manager for Bechtel SAIC. "Standardizing Project Management as a Discipline: How Bechtel Uses PMI Methodology for Training and Certification." Buffet dinner, Cash bar. Palace Station (2411 W. Sahara Ave.) Visit www.pmi-snc.org/index.htm for details

Status Group Mixer at their Office. Wine and Cheese. 5 PM to 7 PM.
Meet and network with successful business owners. (8920 W. Tropicana, Suite 105 -Across from Spanish Trail) RSVP Required - (702) 252-7005

Wednesday January 23, 2008

Nevada Development Authority Bi-Monthly Breakfast Meeting at the Four Seasons Hotel (3960 Las Vegas Blvd., South) $40.00 per person, 7:00 AM. Breakfast & Networking, 7:30 AM meeting. RSVP by January 20th 791-0000. Pay at the door.

Thursday January 24, 2008

Clark County Bar Association Luncheon “Volunteer Appreciation Luncheon & CCBA Executive Board Swearing-in Ceremony“ 11:30 Check-in.12:00 Noon–Luncheon at Morton's The Steak House (400 E. Flamingo Road) Las Vegas $45/CCBA Member $60/Non-member. RSVP with payment by Friday, January 18, 2007.

Asian Chamber of Commerce Luncheon at the Gold Coast Hotel.(4000 W. Flamingo Rd) Check-in is 11:30 and Lunch at Noon. www.lvacc.org

Status Group Mixer at the STIRLING CLUB. Wine and Cheese. 5 PM to 7 PM. Meet and network with successful business owners. (Stirling Club at the Turnberry Towers- 2827 Paradise Road) RSVP Required for the Gate- (702) 252-7005

Friday January 25, 2008

CEO-CFO Luncheon-"How Business Reporters Look at News." John G. Edwards, Las Vegas Review Journal and Steve Stern, Stern & Company- former reporter for the Wall Street Journal. McCormick & Schmick's (335 Hughes Center Drive) Cost: $35 includes lunch - $40 without RSVP. Pay online at http://www.ceo-cfogroup.com/
RSVP: jlaub@regenmd.org or call John Laub at 839-7222

Thursday January 31, 2008

Turnaround Management Association Meeting - 5:30 PM
Membership Kick-Off.McCormick & Schmick's (335 Hughes Center Drive) $25 to $35.
http://www.turnaround.org/calendarDetail.asp?objectID=8256

Preview Las Vegas 2008 at the Thomas & Mack Center Cox Pavilion. 7 AM to 1 PM. Sponsored by the Nevada Development Authority and the Las Vegas Chamber of Commerce Exhibits & Program 7:00 AM - 1:00 PM. RSVP by Phone (702)641-5822, option 2.
Speakers:Guy Kawasaki, Managing Director of Garage Technology Ventures and a Fellow with Apple Computer. Rossi Ralenkotter, President of the Las Vegas Convention and Visitors Authority (LVCVA). Richard Lee, expert on Las Vegas Real Estate since 1989. Jeremy Aguero is a partner in Applied Analysis.

Status Group Mixer at their Office. Wine and Cheese. 5 PM to 7 PM.
Meet and network with successful business owners. (8920 W. Tropicana, Suite 105 -Across from Spanish Trail) RSVP Required - (702) 252-7005.

Monday February 18, 2008

NevBio & RMO Joint Luncheon honoring Harry Reid and UNLV College of Sciences at the Wynn Hotel for the Nevada Biotechnology Awards. Check in & Networking at 11:30, Program at 12 PM. Tickets are $75 and VIP seating is $150. RSVP to Judith Rebholz at 839-7222 or email her jrebholz@cvbt.com no later than February 12th.Tables and sponsorship are available. The Nevada Biotechnology and Bioscience Consortium and the Regenerative Medicine Organization promote biotechnology. See http://www.nevbio.org/ for more information.

Former President of Fountaineblueu Now CEO of MGM-Kerzner Project

MGM Mirage and Kerzner International announced that it has appointed William Velardo as President of their 50/50 joint venture to develop a multi-billion dollar integrated resort property on the Las Vegas Strip that has been called City Center 2. Velardo has most recently led the Fontainebleau Las Vegas as President which is slowly rising out of the ground for a November 2009 opening. Velardo will now move across the street to guide the City Center 2 project.

Velardo is a 30 year veteran of the casino business, serving as President and CEO of the Mohegan Tribal Gaming Authority, one of the most profitable casinos in North America, for ten years. He will be based in Las Vegas and report directly to the Board of the joint venture. Velardo began his gaming career as Vice President for Table Game Operations at Mirage Resorts in 1989 followed by tenure as Senior Vice President of Casino Operations and then President and Chief Operating Officer for Trump Plaza in Atlantic City, New Jersey from 1991-1994. He served as General Manager for the River City Joint Venture in New Orleans before serving as President at the Mohegan Tribal Gaming Authority for ten years, where he remained until 2006.

John Laub is the President of the Las Vegas CEO-CFO Group.

1. MGM MIRAGE and Kerzner International Announce New President of Las Vegas Joint Venture. PRNewswire-FirstCall. Company Press Release. Novembe 16, 2007.

Las Vegas Finance and Accounting Jobs

To reply to any job postings, email Lori Krogel at
Accountants Inc. or Fax resume to 702-734-7171.


CFO
Large General Contractor and Management company seeking experienced candidate with over 10 years casino industry experience, 5 years minimum with casino finance operations. Will be part of Sr. Management team responsible for creating and implementing long-term strategic and business plans. Will oversee construction of accounting department and manage pre-opening costs. Will be over the finance and accounting areas of major hotel/casino, must have detailed knowledge of casino cage, soft count and C&C operations. Must have strong team building and leadership skills, ability to forecast and budget necessary. BS Accounting, CPA. $200K plus DOE.

Controller
High profile non-profit seeking candidate with 8+ years experience. Must have knowledge of Trust Funds, budgets, report and grant writing and process improvement. Must be willing to be active member of management team. BS Accounting and CPA required. $95-110K DOE

Corp. Controller
Seeking candidate with 8+ years experience. Will manage the preparation and analysis of audited financial statements. Must have strong GAAP knowledge, emphasis on software revenue recognition. Will work with outside auditors, manage the cashflow, forecasting and oversee staff. BS Accounting and CPA. $95-110K plus DOE

Corp. Controller
Local manufacturing firm is seeking a Corporate Controller to oversee all the accounting and finance functions of the company. This is a permanent position located Las Vegas, NV. Salary is $100-125K DOE
Job description:
• Responsible for finance and accounting departments for all operations.
• Responsibilities include daily financial operations, team development and training, financial statement analysis, audits and systems improvement.
• Will oversee accounting personnel.
• Develop monthly and quarterly reporting schedules resulting in timely submission of financial results.
• Review and analyze all monthly financial statements including comparison to budget and comments for operations.
• Extreme focus on details
• Proven ability to implement process/procedures within a department
• Strong Excel skills
• International Subsidiary Accounting experience is preferred
• Systems knowledge and strong functional understanding of systems and application and how they "fit" together.
Job Requirements:
• BA/BS in accounting
• CPA is required
• +5 year's management experience
• Travel is required
• Big 4 experience is highly recommended, specifically at the Manager Level
• Work in SEC/public environment is a must
• Manufacturing industry experience is preferred



Tax Manager
Seeking candidate with 5+ years experience in public accounting. Experience with review and preparation with complex tax provisions and tax returns, tax planning and research and must have strong knowledge of tax laws and regulations, including SFAS109 and FIN48. BS Accounting and CPA required. $80-150K DOE. Will offer relocation assistance.

Audit Manager
Local public accounting and advisory firms seeks Audit Manager. Salary is $85-110K DOE. Responsibilities include:
• Review and/or prepare financial statements, work papers, tax returns, footnotes agreed-upon procedures.
• Recognize and resolve potential or existing problems with appropriate research and consulting, as necessary.
• Manage multiple client projects at any given time.
• Serve as the engagement manager on specific client accounts, taking complete responsibility for engagement and oversee engagement teams of 3 to 5 staff auditors.
• Develop and maintain excellent client relationships through superior customer service.
• Identify opportunities to expand the scope of current engagements through identification of client needs.
• Actively participate in proposal development and requests for proposal.
• Develop industry knowledge and expertise and share that knowledge with the team.
• Develop and ability to train and motivate staff.
• Manage engagement
Job Requirements
• Bachelor's Degree in Accounting or related field.
• CPA license required or in the process of being obtained.
• 4+ year's recent public accounting experience.
• Demonstrated writing skills, proposal development experience.
• Strong research skills and writing skills.
• Proven technical skills and solid organizational skills.
• Strong communications skills.

Financial Reporting Director
Seeking an External Reporting Financial Reporting Director who will be responsible for:
• Managing the SEC reporting process including preparation of the Quarterly Reports on Form 10-Q and the Annual Report on Form 10-K.
• Coordinate and manage the annual external audit process and act as liaison between finance and the external auditors.
• Prepare, analyze and report monthly consolidated financial statements to the Assist. Controller, Corporate Controller and CFO.
• Responsible for preparation of quarterly earnings book for the CFO & CEO.
• Responsible for Quarterly Press Release and furnishing of the SEC Form 8-K.
• Serve as a business partner with international subsidiaries, FP & A, Tax, Stock, and Administration.
• Team member of company initiatives including compliance of SOX, worldwide Chart of Accounts, and the financial reporting system.
• Manage and develop staff to meet individual, department and company goals
• Providing accounting guidance to the global finance community.
• Proficient use of financial reporting systems to aid in financial analysis.
Requirements
• BS/BA in Business or Accounting.
• CPA Preferred.
• Prior experience in related areas (5-10+ years). Big 4 public accounting and industry related experience a plus
• Strong general and technical accounting knowledge, expertise SEC reporting, including international experience with multinational companies.
• Strong written communication skills to facilitate effective writing of quarterly and annual external documents
• Strong knowledge of company financial systems preferred. $110K plus Bonus

Financial Reporting Manager
Seeking professional with 2-4 years public accounting and external reporting experience. Must have strong GAAP knowledge. Will work under the direction of a Director, performing Financial Reporting, preparing external financial statements, footnotes and disclosures for Sec filings, including 10K, 10-Q, 11-K and S-4 forms. Will forecast, cash flow analysis, assist with budget and sox process, and special projects. BS Accounting CPA $85-110K plus bonus DOE.

To reply to any job postings, email Lori Krogel at
Accountants Inc. or Fax resume to 702-734-7171.

Remember: Don't send resumes unless they fit these jobs exactly.

To email this page, click this link

Las Vegas Business Networking Calendar for December 2007

The following is a list of the business networking events for the month in Las Vegas.

Monday, December 3, 2007

Republican Mens Club Luncheon 11:30 AM to 1 PM.
Governor Jim Gibbons Hofbrauhaus, 4150 Paradise Road.
$25.00. http://www.republicanmensclub.com/

Tuesday, December 4, 2007

B.U.S.E. Meeting at VOX Wine Lounge 6PM to 7PM
2630 W. Horizon Ridge Parkway and South Eastern Avenue in Henderson, Nevada.

Tuesday, December 11, 2007

Nevada Biotechnology and Bioscience Consortium Luncheon:
“Making Universal Blood” UNLV Biotechnology Labs Coordinator, Walter Goldstein. 12 Noon at McCormick & Schmicks. $30 RSVP at jrebholz@cvbt.com or call 839-7222 http://www.nevbio.blogspot.com/

The Boys & Girls Clubs of Las Vegas-Annual Holiday Reception & Silent Auction The Renaissance Las Vegas Hotel 6:00 PM– 8:00 PM.
All proceeds will benefit the Boys & Girls Clubs of Las Vegas
Admission is free and includes Open Bar and Hors d’ Oeuvres.
Please RSVP via email at sonya.jefferson@ihrco.com or call 702-784-5761

B.U.S.E. Meeting at VOX Wine Lounge 6PM to 7PM
2630 W. Horizon Ridge Parkway and South Eastern Avenue in Henderson, Nevada.

Wednesday, December 12, 2007

TBAN (Technology Business Alliance of Nevada) Luncheon 11:45 am - 1:15 pm Lawry's The Prime Rib 4043 Howard Hughes Parkway $35 Pre-paid reservation $45 “Technology and the Public Sector (If it was your own money, would you buy it?)” Laura Fucci, Chief Information Officer, Clark County, Nevada
http://www.tban.us/

Tuesday, December 18, 2007

Institute of Management Accountants Dinner “History of Financing in Las Vegas”
Bill Luthy, CPA and CFO/Controller of the Lawyer Trane. Palace Station Hotel 2411 West Sahara Avenue, Las Vegas Networking/check-in 5:30 PM
Buffet dinner & speakers 6:00 PM. Members & Guests, $32. Please RSVP to Jeff Martin by Friday, December 14 at (702) 734-1110 or jmartin@accountantsinc.com.

Tuesday, December 25, 2007

Christmas

Friday December 28, 2007

CEO-CFO Luncheon-"Executives Becoming Owners: Buying Your Own Business.” Matthew Waymire, CPA & Broker for United Business Brokers. McCormick & Schmick's 355 Hughes Center Drive. Cost: $35 includes lunch - $40 without RSVP. Pay online. RSVP: jlaub@regenmd.org or call John Laub at 839-7222

Matthew Waymire, CPA is a business broker that has helped former executives purchase their own businesses. “It’s a big transition for most executives, but in the end it has best thing they ever did.” Matt will discuss finding the right business, the due diligence, the rate of return, the cost and financing and challenges for new owners.

Tuesday January 8, 2008

Republican Mens Club Luncheon 11:30 AM to 1 PM.
New Location and day: Tuesday at Lawry’s 4043 Howard Hughes Parkway
Everybody is welcomed.
$25.00. http://www.republicanmensclub.com/