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Mark Neustadt & Peter Richards- 2013 Conference Speaker
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Commodity Price Risk Mitigation

Presented by Mark Neustadt & Peter Richards
Vice Presidents, 5/3 Commodities

In Oct. 1998, crude oil volatility stood at 14% and most companies who were exposed to movements in oil price were comfortable riding a few modest highs and lows.  Fast forward to October 2008, Crude volatility spiked to 64.5% and many companies were forced into bankruptcy or had to drastically change the way they conducted business in order to stay solvent.  This secession will discuss how to identify, mitigate, and manage commodity price risk and how a company can protect themselves from another "Black Swan" - an unforeseen event that can bring market participants to their knees if they are not prepared.  Does your company need to hedge?  If so, what are the proper instruments to be used?  All these topics will be discussed in this breakout session.

Speaker Bios

Mark Neustadt
Mark Neustadt has worked in Fifth Third's Capital Markets for over ten years, advising companies on how to manage foreign exchange and commodity price risk.  In 2004, Mark relocated to Eastern Michigan where he was instrumental in building Fifth Third's Canadian FX operation just as the bank established a Canadian presence in Toronto. He also spent 6 years traveling through North America and Europe educating clients on various structured products to neutralize foreign exchange risk.  In 2009, he was chosen by management to build the bank's commodity hedging operation in the Western United States.  The group has now expanded and offers hedging strategies and products for base and precious metals, energy, and agriculture.  Mark holds a Bachelor of Science and MBA from Ohio State University and currently holds a Series 7, 63, and 24 FINRA Security Licenses.  In 2012, Mark earned his Chartered Alternative Investment Analyst designation


Peter Richards
Peter has been with Fifth Third Bank for the past 5 years working for the Bank's Commodities desk in the Capital Markets group. He has over 15 years of financial services experience, and has spent the past 11 years working with commodities risk management products and services.  Peter received his undergraduate degree from the University of North Carolina at Chapel Hill in 1998, and his MBA from the University of South Carolina in 2011.  He lives in Charlotte, N.C. with his wife and two children.

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