October 23-25, 2019 • Kimpton Hotel Palomar San Diego
Join us in sunny San Diego, California for the Fall 2019 Healthcare Treasurers' Roundtable at the Kimpton Hotel Palomar. The event will kick off Wednesday at a local brewery, Knotty Barrel Gastropub, for a cocktail reception, delicious food, yard games and more. Thursday will be a full day of interesting and timely session topics for all roundtable members at the Kimpton Hotel Palomar San Diego. That evening, the group will enjoy a private reception and seated dinner at Rustic Root in the historic Gaslamp district. Friday morning will be a closed-door roundtable session at the Kimpton Hotel Palomar San Diego for all treasurers able to attend and will conclude prior to lunch. Please register for the event and then book your hotel stay using our discounted group rate. Once registered, you'll receive an email with a link and instructions to reserve your room. The discounted room rate is $249 per night plus tax. Reservations must be made by September 22, 2019 to be eligible for the group rate. Please check back for session updates and speakers closer to the event. For questions, please contact Aubri Nowowiejski at




  • 23 October
  • 24 October
  • 25 October

Mark Amari

Associate Vice Chancellor for Finance and Treasurer
Washington University in St. Louis
Mr. Amiri was appointed to the position of Associate Vice Chancellor for Finance and Treasurer for Washington University in St. Louis on August 1, 2016 after holding the position of Vice President and Chief Investment Officer for Baylor Scott & White Health System. Previously, he was Vice President and Treasurer at Baylor Health Care System beginning in May 2008. Prior to joining Baylor Health Care System, he was the Treasurer for Ascension Health, St. Louis, Missouri. He was a senior auditor for Arthur Andersen & Co. in 1978 and then joined Daughters of Charity National Health system in 1980, the predecessor corporation to Ascension Health. He obtained both his BSBA and MBA degrees from the University of Missouri-St. Louis and is also a Certified Public Accountant.

24 October

24 October

Jerry Judd

Senior Vice President and Treasurer
Bon Secours Mercy Health
Jerome Judd is the Senior Vice President, Treasury for Bon Secours Mercy Health, Inc., one the nation’s largest health care systems with $8 billion in net operating revenue and 43 hospitals in seven states. Mr. Judd’s primary responsibilities include overall management of investment, debt and cash management programs. Mr. Judd oversees the investment programs with over $6.0 billion of assets under management, including operating, foundation, insurance and pension funds, and external debt of $2.8 billion. Prior to the formation of Bon Secours Mercy Health on September 1, 2018, Mr. Judd was the SVP & Treasurer for Mercy Health. Before joining Mercy Health in 2003, Mr. Judd was the Vice President, Treasury Services for Catholic Health Initiatives, Denver, Colorado and Sisters of Charity Health Care Systems, Cincinnati, Ohio. Mr. Judd started his career as an auditor with Arthur Andersen & Co. Mr. Judd received his B.A. in Accounting from the University of Notre Dame and M.B.A. from Xavier University. He was selected as one of Modern Healthcare’s “Up & Comers” in 1997. He is a Certified Public Accountant and Chartered Financial Analyst. Mr. Judd serves on the Boards of LifeCenter Organ Donor Network and Ursuline Academy and the Investment Committees of SCL Health, Franciscan Friars and Summa Health.

24 October

24 October

Steve Huser

VP of Treasury
Advocate Aurora Health

24 October

Michael Lytle

Highland Associates

24 October

24 October


Dave Moore


24 October

Ron Temple

Managing Director and Head of US Equities and Co-Head of Multi-Asset Investing
Lazard Asset Management

24 October


Joan Marron

Executive Director
Morgan Stanley

24 October

24 October


Jean Ham

Dignity Health - Treasury Services

24 October


Jeff Alexander

Ohio Health

24 October

Lisa Zuckerman

SVP, Treasury & Strategic Investing
CommonSpirit Health
Lisa manages Dignity Health’s investments, debt and capital structure, cash and working capital management, and investor relations, and supports strategic investments and growth initiatives. Prior to joining Dignity Health in 2006, Lisa Zuckerman spent ten years at Standard & Poor’s, and held analyst roles major investment banking firms. Lisa holds an MPP from U.C. Berkeley and a B.A. from Harvard University. Lisa also serves on several nonprofit and for-profit boards and LP Advisory Boards.

24 October

24 October

Jacque Millard

Vice President & Chief Investment Officer
Intermountain Healthcare

24 October

Brenda Schaefer

Vice President, Treasurer
Banner Health
Ms. Schaefer joined Banner Health in 2014 as Vice President, Treasurer. She is responsible for Banner’s investment portfolio, debt financing and compliance requirements, banking, cash management activities and the Central Payment Office – Payment Card Industry. Prior to joining Banner, Ms. Schaefer was Secretary-Treasurer for the St. Louis Metropolitan Sewer District and also held numerous financial, investment, and treasury leadership positions with SSM Health Care, MasterCard International, XTRA Corporation (a Berkshire Hathaway company), and Ralston Purina. Ms. Schaefer holds a bachelor of science degree and a master’s degree in business administration from Webster University in St. Louis, Missouri. She is also licensed as a Certified Treasury Professional (“CTP”).

24 October


KC Connors

24 October

Morgan Stanley

Morgan Stanley has earned a worldwide reputation for the excellence of its advice and execution in financial markets. With offices in more than 42 countries, the firm is truly global-and a market leader in the U.S., Europe and Asia as well as in emerging markets. Morgan Stanley's success rests on the talents and passion of our people, who share a common set of values and bring excellence and integrity to everything they do. We seek to grow long-term relationships by virtue of our consistently rigorous thinking and the unsurpassed access to financial markets that Morgan Stanley can bring. This means providing leadership in specific areas such as investment banking, debt and equity underwriting, research, and sales and trading. We also focus increasingly on creating custom-tailored solutions that cut across functions to help our clients realize new opportunities and solve complex problems. Our aim is to be the first choice of everyone who deals in financial markets, whether as prospective clients, employees or investors.


NEPC currently works with 376 clients having $1.1 trillion in total assets, including 41 healthcare related clients. Across our healthcare clients we provide advice on 172 pools of assets totaling $95 billion. NEPC has a staff of 290 professional employees, all of whom are solely dedicated to the practice of investment consulting . Our 104 consultants include 72 consultants who work directly with clients, and 32 consultants involved in asset allocation, portfolio construction, public markets and alternative assets research. Research is a core competency at NEPC. We recognize the benefit of dedicated research professionals and have consistently increased staffing levels in our Research Group since our firm’s inception. NEPC’s Research Group is comprised of 52 dedicated research professionals (approximately 18% of NEPC’s total work force) organized into five teams: Asset Allocation, Portfolio Construction, Public Markets
Manager Research, Alternative Assets Research, and Operational Due Diligence. Our clients define us. They come first in everything we do. Everything we do is driven by our passion to improve lives one investment at a time. We gain a clear understanding of unique client situations and calibrate every investment decision with client success in mind. In order to prioritize client interests we remain independent, and invest heavily in research to have well-founded opinions. Our investment philosophy is risk-centric. We always begin our client reviews by assessing their risk tolerances and ask, “What can go wrong?” By understanding client’s goals, we can develop thoughtful asset allocation
strategies to achieve their return goals within their risk tolerances.  Following a traditional path can be entirely appropriate in building a particular portfolio. That said, we do not shy away from assessing and introducing market innovations when they provide a better approach. Expect our analysis to be thorough and our recommendations to be made with conviction. Our client portfolios are broadly diversified across the global landscape, among and within both traditional and alternative asset classes and strategies. We proactively build investment programs with long term strategic asset allocations; however, we will recommend that clients make tactical asset allocation shifts when significant opportunities or risks exist in the markets. We strive to continuously improve our clients’ portfolios. NEPC has a Dedicated Healthcare Team which focuses on the distinct needs of healthcare systems. Our consulting approach has led to superior client ratings as measured by robust independent national surveys and impressive client performance. NEPC’s collective client base has outperformed the InvestorForce/ICC median in 28 of the 33 years since our founding in 1986.

Highland Associates

Highland Associates is a leading institutional investment firm that provides objective, research-driven investment counsel to not-for-profit organizations. Our hyper-awareness of financial market dynamics, seasoned industry knowledge and commitment to due diligence inform our forward-looking and customized investment management programs. Highland Associates was founded in 1987 and advises clients nationwide. Our credentialed advisors understand each client’s unique
challenges relative to macro-level issues facing the industry and work closely alongside them to make informed financial decisions. We consider the role of each client’s portfolio within the context of its total capital. Our services include: Investment Services – Advisory and OCIO, Reporting Services, Business Services.


Established in 1848, Lazard has long held a preeminent position in the global financial marketplace. Lazard Asset Management LLC, an indirect, wholly-owned subsidiary of Lazard Ltd., is known for its global view on investing and its vast experience with global, regional, and domestic portfolios. With more than 340 investment personnel and offices in 23 cities across 16 countries, we offer investors an array of traditional and alternative investment solutions. Our team-based approach to portfolio management allows us to deliver robust and consistent performance over time, and strong client relationships enhance our ability to employ our capabilities to our clients' advantage.

As of 30 June 2019, Lazard managed approximately $213.6 billion in assets.*

* Total assets under management include those of Lazard Asset Management LLC (New York) and its affiliates, but do not include those of Lazard Frères Gestion (Paris) or other asset management businesses of Lazard Ltd.

Opening Reception

06:00 PM 09:00 PM Knotty Barrel Gastropub


07:00 AM 08:00 AM Tango Ballroom/Atrium, Kimpton Hotel Palomar San Diego

Welcome and Introductions

08:00 AM 08:30 AM Ovation Ballroom, Kimpton Hotel Palomar San Diego


Current Market Environment & Implications for Treasurers

08:30 AM 09:30 AM Ovation Ballroom, Kimpton Hotel Palomar San Diego


What if U.S. Rates Go Negative? Opportunities & Challenges for Treasury

09:30 AM 10:30 AM Ovation Ballroom, Kimpton Hotel Palomar San Diego


Morning Break

10:30 AM 10:45 AM Atrium, Kimpton Hotel Palomar San Diego

Debt Structure Diversification & LIBOR Transition

10:45 AM 11:30 AM Ovation Ballroom, Kimpton Hotel Palomar San Diego


Strategic Private Investments

11:30 AM 12:15 PM


12:15 PM 01:15 PM Level 4 Pool Deck & Lounge, Kimpton Hotel Palomar San Diego

Broad Balance Sheet Management in a Changing Healthcare Environment

01:15 PM 02:45 PM Ovation Ballroom, Kimpton Hotel Palomar San Diego


Afternoon Break

02:45 PM 03:00 PM Atrium, Kimpton Hotel Palomar San Diego

The Good, the Bad, and the Ugly of Making Decisions

03:00 PM 04:00 PM Ovation Ballroom, Kimpton Hotel Palomar San Diego


Team/Personal Development and Retention

04:00 PM 05:00 PM Ovation Ballroom, Kimpton Hotel Palomar San Diego


Cocktails and Dinner

06:30 PM 10:00 PM Rustic Root


07:00 AM 08:00 AM Ballroom Atrium, Kimpton Hotel Palomar San Diego

Treasurers Roundtable

08:00 AM 11:00 AM Ovation Ballroom, Kimpton Hotel Palomar San Diego