All events in EST.
Monday, January 25, 2021
2021-01-25
The State of the LBM Industry
11:45 AM - 1:15 PM
11:45 AM
1:15 PM
<p>Join a panel of experts for an in-depth look at how M&A activity and economic forces, new and old, are reshaping the LBM industry. Plus, analysis of buyers, sellers and the keys to success on both sides of the transaction.</p>
<p><img alt="" height="27" src="https://assets.swoogo.com/uploads/medium/572670-5f3d8063aa303.png" width="200" /></p>
Larry Morgan
Manager
Mountain State Acquisitions LLC
Larry Morgan has more than 25 years of experience advising building and construction industry clients on mergers and acquisitions.
Paul Hylbert
Chairman
Kodiak Building Partners
Jon Davis
President
Davis Consulting
Wednesday, January 27, 2021
2021-01-27
The Insurance Marketplace: What this Means to You and Your Bottom Line
11:45 AM - 1:15 PM
11:45 AM
1:15 PM
<p style="text-indent:0px;"><span style="font-size:small;"><span style="color:#222222;"><span style="font-family:Arial, Helvetica, sans-serif;"><span style="font-style:normal;"><span><span><span style="font-weight:400;"><span style="letter-spacing:normal;"><span><span style="text-transform:none;"><span style="white-space:normal;"><span><span style="word-spacing:0px;"><span style="background-color:#ffffff;"><span><span><span>After a year of uncertainty, a pandemic, and multiple natural disasters, the insurance industry, just like the LBM industry, is going through many changes. Being in a hard market, many are finding themselves with higher insurance premiums, more stringent underwriting criteria, and reduced capacity. So how will this affect your business? </span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></p>
<p style="text-indent:0px;"><span style="font-size:small;"><span style="color:#222222;"><span style="font-family:Arial, Helvetica, sans-serif;"><span style="font-style:normal;"><span><span><span style="font-weight:400;"><span style="letter-spacing:normal;"><span><span style="text-transform:none;"><span style="white-space:normal;"><span><span style="word-spacing:0px;"><span style="background-color:#ffffff;"><span><span><span>Gain a better understanding of the insurance marketplace, what this means specifically for wood businesses, and take away some actionable steps for your business and your bottom line in this new year. John K. Smith, President and CEO at Pennsylvania Lumbermens Mutual Insurance Company is joined by company senior leaders to create a dynamic panel that will give you insight into what you need to know, what you can expect, and what you can do.</span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></p>
<p><img alt="" height="213" src="https://assets.swoogo.com/uploads/medium/274711-5ca5ee10863a9.jpg" width="200" /></p>
John Smith
President and CEO
Pennsylvania Lumbermens Mutual Insurance Company (PLM)
Steve Firko
Senior VP of Business Development
Pennsylvania Lumbermens Mutual Insurance Company (PLM)
Steve Firko is Senior VP of Business Development, Loss Control & Customer Service for PLM. Steve has held various management and professional level positions with major multinational insurance companies in marketing, sales, business development and finance. With over 30 years of experience in the insurance industry, he joined PLM in 2003.
John Kennealy
Vice President of Claims
Pennsylvania Lumbermens Mutual Insurance Company (PLM)
John Kennealy is Vice President of Claims for PLM. An industry veteran, John brings years of experience in insurance claims and risk management to the PLM claims team. He is responsible for the overall management of the claims operation, including handling complicated litigation, and developing new strategies for keeping loss adjustment expenses down.
Thursday, January 28, 2021
2021-01-28
RESCHEDULED | Business Valuation: What is My Business Worth and Can it Fund My Retirement?
11:45 AM - 1:15 PM
11:45 AM
1:15 PM
<p>On average, a business will fail to realize up to 27% of its potential value during an ownership transfer. If your business is valued at $4 million, that's a potential loss of more than a million dollars! Without proactive planning, that shortfall could make the difference between retiring successfully or failing to do so.</p>
<p>What can you do to close this gap? During an illuminating session, Sam Brownell, Managing Director of Stratus Wealth, will outline the steps to valuing your business and provide tips on how to increase its value.</p>
<p><img alt="" height="100" src="https://assets.swoogo.com/uploads/medium/829967-5ff740f9aa809.jpg" width="200" /></p>
Sam Brownell
Managing Director
Stratus Wealth
Sam Brownell, CVA, CFA, MBA has been a financial professional since 2006 and formed Stratus Capital Management in July 2013 to provide goals-based investment management to individuals and small businesses. As the firm grew, Sam began to focus on serving independent business owners in specific sectors, including the LBM and Hardware markets, who sought Sam’s advice on their own business growth issues, including valuation, tax strategy, business continuity planning and succession planning. In 2019, Sam obtained the CVA certification from the National Association of Certified Valuators and Analysts (NACVA) in order to better serve his business clients valuation and succession planning needs.
Sam earned his BA in Economics from Loyola University in Maryland and his MBA from the University of Maryland's Robert H. Smith School of Business. Prior to forming Stratus, Sam worked in trading and research at two investment banks, where he became a CFA Charterholder, and was an economic consultant analyzing structured financial products and other fixed income securities.
Sam and his wife Sara live in Kensington, Maryland, with their sons Felix and Finn. In his free time, Sam gives back to his community by coaching swimming and volunteering on two non-profit boards. He is also an avid fly fisherman.
Speakers