Mark Madoff, Bernard L. Madoff Investment Securities, Lisa Utasi, Smith Barney Asset Management, both New York; Pete Driscoll, Northern Trust, Chicago; Nick Karos, US Bancorp Piper Jaffray, Minneapolis.
Opening Remarks: John Giesea, STA, New York.
Inaugural Dictum Meum Pactum Award presented to Bill Broka, Nasdaq, Washington DC.
Dictum Meum Pactum
When discussion of the retirement of Bill Broka occurred, Chairman Bird suggested that STA should have a “Dictum Meum Pactum Award” that would enable us to honor special people who not only have been important to STA, but also represent ideals that we foster. ”My word is my bond“ has been with this organization since inception and remains the foundation from which we function today.
The year 2002 will long be remembered for the breakdown of confidence and trust of many serving as corporate leaders. We have suffered through Enron, WorldCom and Tyco; to name a few, that have collectively shattered investor confidence.
The backdrop only served as a catalyst to honor Bill who strongest assets have been exactly what STA holds to be so important: character and integrity. Bill created the perfect opportunity to begin what will be a tradition for a long time to come.
STA will seek to recognize excellence in different ways, this will be one of the mechanisms for so doing.
Honoring STA Affiliate Presidents with Recognition Plaques.
Affiliate President Recognition
STA’s 69th Annual Conference provided another first, we think. One of the success stories of 2002 is that of STA reaching to its Affiliates in order to “earn your respect”. With the combined efforts of the Affiliate Liaison Committee and the Board we have made great strides in this endeavor. We feel confident that this will continue in 2003 and that as we unite we become stronger and far more effective. There was a strong desire from the Affiliate Liaison Committee to find a way to recognize the efforts of our Affiliate Presidents. After all, they do so much locally, as well as giving STA support through participation in our monthly Affiliate Liaison Committee conference calls. They also have attended our May, STA Foundation Washington Conference as well as our Annual Conference. The bottom line was that STA is only as strong as its Affiliates and it was felt that awarding the plaques was one way that STA could demonstrate its appreciation to these important people.
Past Chairman's Pin: Michael Bird, Merrill Lynch, John Giesea, STA, both New York.
John Giesea presenting Recognition Plaque
Incoming Chairman Jack Hughes, Janney Montgomery Scott, Philadelphia.
